Recently, the web3 gaming platform Munchables fell victim to a significant security breach, resulting in the loss of $62.5 million in Ethereum due to an exploit on the Blast network. The breach was confirmed by Munchables in a social media post, indicating that the incident occurred on March 26. This security breach serves as a
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Bitcoin price is currently consolidating gains above the $70,000 resistance zone, showing signs of bullish momentum. The price has moved in a positive zone above the $66,500 level and is trading above the 100 hourly Simple Moving Average. This indicates a strong upward trend in the short term. There is a key bullish trend line
The governance token ONDO, associated with Flux Protocol and Ondo DAO, recently achieved a new all-time high, reaching $0.9934. Despite this peak, the token experienced an 11% decline to its current value of $0.8679. ONDO has positioned itself as the 95th largest cryptocurrency globally, boasting a market capitalization exceeding $1.2 billion. The protocol prides itself
Portugal’s National Data Protection Commission (CNPD) recently made the decision to ban Worldcoin from collecting biometric data for a period of three months. This ban stems from various reasons, including the lack of a mechanism for verifying the age of members, resulting in data collection from minors without parental consent. Furthermore, Worldcoin failed to provide
Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has dropped to a 9-year low. This significant decrease in Bitcoin holdings on the popular exchange has raised the possibility of the flagship cryptocurrency reaching a new all-time high of $75,000 in the near future. Investors seem to
The cryptocurrency market is no stranger to meme coins, and the recent buzz surrounding LIGMA Token has captured the attention of investors. With a staggering +188,000% gain in less than 24 hours, it’s hard to ignore the potential of this new token. However, as the hype settles and price stabilizes, questions arise about whether LIGMA
The recent news surrounding crypto exchange KuCoin and its founders has sent shockwaves throughout the digital currency world. The Department of Justice (DoJ) has charged KuCoin and two of its founders, Chun Gan and Ke Tang, for operating as an illegal exchange in the USA. The charges also include allegations of failing to implement anti-money
In the wake of the US Department of Justice levying criminal charges against KuCoin for violating anti-money laundering laws, CEO Johnny Lyu has taken to social media to reassure users that their funds are safe and that the platform’s operational stability remains unaffected. Despite the allegations, Lyu remains confident in the safety of user assets
As Bitcoin continues to showcase its volatility and upward momentum, cryptocurrency expert Rekt Capital has pointed out a striking resemblance between the recent pre-halving retrace and the one observed in 2020. This similarity raises questions about the potential implications for the digital asset’s price movement in the current cycle. While Bitcoin has managed to recover
The recent case of fraudsters in South Korea deceiving a senior citizen with promises of lucrative cryptocurrency investments has shed light on the dark side of the crypto world. The fraudsters, both in their 20s and 30s, managed to steal a whopping $4.1 million from the victim by offering unrealistic returns on their investments. The