In October 2024, the crypto industry witnessed losses of $129.6 million, driven by various security incidents, including exit scams, flash loan attacks, and significant exploits. According to CertiK, a blockchain security firm, exit scams accounted for $1.2 million, flash loan attacks led to $1.5 million in losses, and a staggering
XRP, currently trading at $0.5075, witnessed a minor 0.48% surge over the past 24 hours. This upward movement aligns with the broader crypto market, which recorded a slight 0.09% uptick after experiencing losses throughout the day. However, XRP had previously dropped to a ten-day low of $0.4917. Meanwhile, over recent
The U.S. presidential election of 2024 might impact the cryptocurrency market. Donald Trump assured that the US would evolve as a global crypto leader and likely establish a national Bitcoin reserve. Trump’s victory and pro-stance in crypto could lead to a surge in crypto prices. Whereas Kamala Harris has taken
Heather Morgan, known in the music world as “Razzlekhan,” is set to be sentenced on November 15 for her involvement in laundering 120,000 bitcoins stolen from Bitfinex during a 2016 hack. Prosecutors have requested an 18-month prison term for Morgan, who pleaded guilty in August 2023 to one count of
The trading day opened with mixed signals, and the market cap reached $2.33 trillion. Bitcoin, the largest cryptocurrency, continues to trade within the $69 mark. Amid this, a whale has acquired nearly 8.02 million Neiro Ethereum tokens (NEIRO). The whale associated with the wallet address 0x944 withdrew NEIRO, worth $782.74K,
The cryptocurrency market has been in a brief bearish turn over the past 24 hours. The assets have lost their momentum and began to slide down. Nonetheless, the current market volatility is unpredictable, with mixed signals. Solana (SOL), the fifth-largest cryptocurrency, has faced the downturn and lost over 0.10%. Over
Bitcoin (BTC) recently faced a sharp decline after touching impressive highs. On 30 October, BTC surged to $73,500, continuing its pattern of “Uptober” gains. However, it failed to sustain momentum, slipping below the crucial $70,000 level. As of now, Bitcoin is trading around $69,561, reflecting a slight 0.07% uptick in
AAVE has experienced a challenging 24 hours, with its price dipping 5% to a six-day low of $140 amid a broader market slump. Currently trading at $143, the token has seen an 8% decline in trading volume over the same period, while its weekly performance reflects a modest decrease of
WisdomTree, a leading provider of exchange-traded funds (ETFs) in the digital assets space, has triggered market anxiety with substantial Bitcoin and Ethereum transfers amid a turbulent period for cryptocurrencies. According to Onchain Lens, using Arkham Intelligence data, WisdomTree deposited 8,258 BTC—equivalent to roughly $598.89 million—into Coinbase on October 31. Alongside
The U.S. Department of Justice has indicted Aleksei Andriunin, 26, the founder of cryptocurrency financial services firm Gotbit, in a large-scale market manipulation and fraud scheme. Gotbit, along with two of its directors, Fedor Kedrov and Qawi Jalili, has also been charged in connection with these activities. Andriunin, Kedrov, and
