ETH

The post Early MKR Investor Cashes Out After 7 Years with $408K in ETH appeared first on Coinpedia Fintech News A super early holder of MakerDAO’s token MKR has exited their position after over seven years. The individual purchased 451.5 MKR in 2017 at an average price of $23. Earlier today, the 251.5 MKR was sold for $408,000 to convert into 72.5 $ETH at $1,624 per ETH token. In this trade, the individual made an impressive 70x return on their investment.

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;…

Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns.  One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show low interest from traditional investors, adding to the bearish sentiment around ETH.  As the crypto market is gripped by fear and uncertainty, Ethereum traders are…

The post Top Altcoins To Buy Before Ethereum (ETH) Reclaims $2.5K! appeared first on Coinpedia Fintech News With the price of Bitcoin attempting to reclaim the $58K mark during the early Asian trading hours. Top altcoins have experienced a bullish recovery over the past few hours. Moreover, the Ethereum price has recorded a similar price action over the past day. Following this, many altcoins have recorded a double-digit jump in their respective portfolios. This suggests a rising bullish sentiment for…

The post Wazirx Hacker Movers Another 5,000 ETH appeared first on Coinpedia Fintech News Data from etherscan shows that the Wazirx hacker address 0x58D3…..8E7a has transferred 5,000 ($11.94 m) Ether to a new address 0x2D29…a968. Out of which the hacker has already sent 1,600 ($3.8 m) to tornado cash and 3,399.92 ETH are still sitting in the same wallet. As earlier hacker sent multiple transactions with 100 ETH each.The former wallet now has a remaining balance of  10,290 ETH worth $24.58…

Cryptocurrency prices remained subdued on Wednesday primarily due to renewed concerns over a US economic slowdown and anticipation of key data that could potentially impact the Federal Reserve’s decision on interest rates.  Bitcoin (BTC) and Ethereum (ETH) fell almost 5%, although they have posted somewhat of a recovery since. Data from the Institute of Supply Management (ISM) showed that US manufacturing remained subdued in August, hinting at an ongoing weakness in the sector. Stocks, gold, and crypto all tumbled as…

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. 

The post How Low Can BTC, ETH, And XRP Price Crash? appeared first on Coinpedia Fintech News Amid intensified bearish sentiment in the cryptocurrency market, the price of Bitcoin broke down its important support trendline of $58,000. Furthermore, with the shares of Nvidia bleeding, Artificial Intelligence (AI) has experienced a major blow. On the other hand, top altcoins continue struggling to hold the values above their crucial support levels. In this write-up, we have highlighted various technical and social sentiments…

Major cryptocurrencies plummeted after major US stock indexes closed significantly lower on Tuesday. The plunge was led by Nvidia (NVDA) and other chipmaker stocks, as September began on a weaker-than-expected note after a strong finish to August.  As a result, crypto markets tanked as well, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), and others registering substantial declines.  BTC dropped almost 5% over the past 24 hours, while ETH fell by almost 6%, plunging below the…