Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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CashEx-Co-Founder of Hamster Kombat Unleashes New Game-Changing Hard Fork: Meet Hamster Cash
Beijing, China, September 23rd, 2024, Chainwire In a new development for the gaming and crypto communities, the former co-founder of Hamster Kombat has introduced a new platform—Hamster Cash. This hard fork is designed to enhance the user experience by offering bigger airdrops, and an expanded set of features. The platform’s release has raised questions about what it offers and whether users should consider transitioning. Motivation for the Launch The creation of Hamster Cash is driven by a desire to provide…
9 months ago
Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
Bitcoin Cash price started a major increase above the $320 resistance. BCH is consolidating and might aim for more gains above the $350 resistance. Bitcoin cash price started a fresh increase above the $330 level. The price is trading above $335 and the 100-hour simple moving average. There is a bullish flag pattern forming with resistance at $345 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could start another increase if it clears the…
9 months ago
Euler Hacker Congratulates Penpie On $27.3M Tornado Cash Laundering
The post Euler Hacker Congratulates Penpie On $27.3M Tornado Cash Laundering appeared first on Coinpedia Fintech News In a recent turn of events, the Euler Finance exploiter pats the back of the Penpie hacker by sending him a message saying, “Good Job.” The former exploiter stole almost 200 million dollars in March 2023 from Euler Finance and is yet to return it despite multiple attempts. Meanwhile, the Penpie hacker has stolen 27.3 million dollars worth of acid and recently laundered…
9 months ago
Hackers Funnel $42.7M in ETH into Tornado Cash Amid Rising Exploits
The post Hackers Funnel $42.7M in ETH into Tornado Cash Amid Rising Exploits appeared first on Coinpedia Fintech News In the last three days, three different hackers have deposited a combined total of 17,800 Ethereum tokens worth $42.7 million into Tornado Cash. It has recently become popular amongst crypto hackers as a privacy-focused crypto mixer. The top hackers include the Penpie hacker with 9,600 Ethereum deposits worth $23 million; the Indian exchange WazirX hacker moved 7,200 Ethereum, worth $17.3 million;…
9 months ago
Penpie Hacker Sends $9.66M in ETH to Tornado Cash
The post Penpie Hacker Sends $9.66M in ETH to Tornado Cash appeared first on Coinpedia Fintech News Following the hack, the Penpie hacker transfers the stolen funds despite the generous offer of a white hat bounty from the team. As of now, the hacker has successfully transferred 4,000 ETH worth $9.66 million using the help of Tornado Cash, an anonymizing service. Following the recent funnel, the hacker is left with 7,263 ETH worth almost $18 million in the known wallets.
9 months ago
The 100x Presale That Bitcoin Cash and Arbitrum Investors Can’t Resist For Unmatched Gains This Year
It's time for new projects to take over the crypto market. According to experts, the next bully rally will be led by emerging coins that have the potential to become the next Bitcoin. Despite the weakness in the market, Bitcoin Cash (BCH) and Arbitrum (ARB) investors are continuously investing in such a presale project. We are talking about DTX Exchange, the first hybrid exchange that is going to have the feature of both centralized and decentralized exchanges. Bitcoin Cash (BCH)…
10 months ago
Bitcoin Cash (BCH): Analyst Pinpoints Prime Moment For Strategic Buy
Recently, crypto analysts have been attracted to Bitcoin Cash (BCH); Alan Santana provided an extremely intricate analysis concerning the coin’s future. He advises investors though to hold off on accumulating BCH until the market shows clearer signs of stability. The cautious outlook for Santana was based on the notion that, from his belief, the correction in the market wasn’t over yet. He indicated that BCH still might be due for a little room down to the bottom, likely to precede…
10 months ago
MetaMask Debit Card: Now Spend Your Crypto Like Cash!
The post MetaMask Debit Card: Now Spend Your Crypto Like Cash! appeared first on Coinpedia Fintech News MetaMask, the popular self custody Ethereum wallet,is revolutionizing the crypto landscape with the launch of its innovative blockchain based debit card. Partnering with Mastercard and Baanx, MetaMask aims to simplify how users spend their crypto. What Is the MetaMask Card? The Blockchain debit card allows its users to spend their crypto directly from Metamask wallet. In its pilot phase, this card is first…
10 months ago
OKX Takes Action: Accounts Involving Tornado Cash To Be Banned
The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado Cash in an attempt to prevent illicit activity and promote compliance with international laws. According to OKX CEO Star Xu, any account found to be exploited by Tornado Cash or other authorized firms like Garantex would be cancelled without delay. 被制裁的人无法在okx成功开户。 对于已经开户成功用户: 1. 从被制裁的主体比如 Garantex和 Tornado cash充值到okx 2. 从okx提币去被制裁的主体 都会触发合规风控,导致被清退账户。 制裁和普通人很遥远,大部分人完全不需要担心。 https://t.co/MTJ7OtQRny — Star (@star_okx) August 9, 2024 Tornado Cash Controversy Tornado…
10 months ago