The blockchain researcher, going by the name Collin Brown on X (Twitter), assumed that the price of Ripple’s native token – XRP – could be poised for a massive increase after September 28. In the following lines, we will explain what could trigger the surge and touch upon some of the latest predictions by analysts and experts. XRP to Surpass $10? Collin Brown claimed that there is serious speculation around Ripple’s possible intentions to file for an initial public offering...
Read More »On-Chain Analytics Platform Nansen Warns of Security Compromise, 7% of Users Affected
Nansen, a prominent on-chain analytics platform, has issued a security warning to its users following a security breach originating from a third-party vendor. The security compromise allowed hackers to steal password hashes of Nansen users, prompting an immediate investigation. Nansen’s Users’ Password Hashes Compromised in Attack On Sept. 20, Nansen was alerted to a breach in the security defenses of one of its trusted third-party vendors. This breach granted unauthorized...
Read More »Coinbase Explores FTX Acquisition and Derivatives License
Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market. Reports have emerged that Coinbase considered acquiring FTX Europe after the exchange’s bankruptcy in November. While the acquisition talks were not successful, Coinbase’s interest in FTX Europe underlines how important derivatives have become to Coinbase’s global strategy. Whereas spot trading volumes have dipped significantly, there is a greater...
Read More »Binance Brings New Compliance Executive Onboard
Binance – the largest and most popular digital currency exchange in the world – has hired a new deputy chief compliance officer (CCO) and global money laundering reporting officer. The positions will be taken over by Kristen Hecht, who according to a recent blog post, has more than 17 years of experience fighting both financial terrorism and illicit monetary activity. Binance Now Has Kristen Hecht Aboard Hecht expressed her excitement about the job in a recent...
Read More »Vorsicht beim Handel auf Plattformen wie eToro
Die Meldung macht auf vielen Blockchain-Blogs die Runde: eToro bekommt auf Zypern Bitcoin-Zulassung für die gesamte EU. Allerdings ist Vorsicht geboten, eToro ist keine echte Bitcoin-Börse. Vorsicht beim Handel auf Plattformen wie eToro Der Handel mit Finanzinstrumenten im Internet hat in den letzten Jahren erheblich an Beliebtheit gewonnen. Plattformen wie eToro bieten Nutzern den Zugang zu globalen Märkten und verschiedenen Anlageinstrumenten an, von Aktien bis hin zu Kryptowährungen. Doch...
Read More »FTX Sues Ex-Employees of Salameda as It Seeks to Recover $157M
The defendants allegedly used their connections on the inside to ensure that their withdrawals were prioritized over those of other customers. Bankrupt crypto exchange FTX has sued former employees of its Hong Kong-based affiliate Salameda in hopes of recovering $157.3 million. According to a Thursday filing, Salameda was being controlled by the firm’s ex-CEO, Sam Bankman-Fried. New Filing against Ex-Employees of Salameda Reveals ‘Shady’ FTX Withdrawals The filing claims that 5 individuals...
Read More »Crypto Mining Giant Bitmain to Invest $53.9 Million in Core Scientific
Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific. Bitmain, a leading manufacturer of crypto mining rigs, has announced a substantial investment of $53.9 million in Core Scientific, a major North American blockchain data center provider and digital asset miner since 2017. Core Scientific operates data centers in multiple US states and utilizes their Minder software for efficient mining...
Read More »NHN Embraces Web3, Taps Sui Blockchain for Crypto Games
NHN said it chose the Sui blockchain for its crypto game development thanks to its low transaction fees, fast processing time, and high scalability. South Korean mobile game developer NHN has joined the crypto bandwagon through a partnership with Mysten Labs, the owner of the Sui blockchain, to develop games for players in the industry. In an official press release dated September 21, the company’s gaming division announced its expansion into the Web3 ecosystem, joining the ranks of South...
Read More »Kraken User Falls Victim to $4.5M USDT Loss in Phishing Scam
In yet another successful phishing scheme, an unsuspecting user suffered a multimillion-dollar loss in Tether. Etherscan data revealed that $4.46 million worth of Tether (USDT) was siphoned from an unsuspecting Kraken wallet user. The stolen funds were subsequently transferred to an address concluding with “ACa7.” Another Successful Phishing Attack Details are thin about how the scam was executed, however, prominent blockchain security company PeckShield flagged the address...
Read More »ImmutableX (IMX) Up 38% as South Korean Exchange Volume Spikes
The rapid increase in the value of Immutable’s IMX token has attracted not only the interest of crypto fans but also remarks from industry experts. In a surprising turn of events, ImmutableX (IMX) is experiencing a remarkable surge of 38.1% in just a few hours this morning following a corresponding trading volume spike. Recent data from CoinGecko revealed that IMX went from a modest $0.55 to an impressive peak of $0.76. The Driving Force Behind the ImmutableX Volume Surge The rapid...
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