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Kraken Exchange Exploited For $3 Million By Alleged ‘Security Researchers’

Kraken, a prominent cryptocurrency exchange, recently revealed it was exploited for approximately $3 million. The Chief Security Officer at Kraken disclosed the breach, which occurred on June 9th, when the Kraken team received an alert from its Bug Bounty program regarding an “extremely critical” issue. The reported bug allowed attackers to artificially inflate their balances […]

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Bearish Crypto Market Hits Pepe Coin Hard As Whales Trigger Massive Selloff

June 18th has been a tough day for the cryptocurrency market, with Pepe Coin ($PEPE) causing significant investor concerns. The frog-themed meme coin has shown clear signs of a downturn, which has led to negative market sentiment, further exacerbated by a massive selloff by whales. On-chain reports reveal troubling activity among major $PEPE holders. One […]

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Ethereum Name Service ($ENS) Tops Gainers List with 16% Price Surge

Ethereum Name Service ($ENS) has emerged as the top gainer this past week, according to CoinMarketCap, boasting an impressive 16% increase in price. This surge has outpaced other notable gainers such as $UNI, $TON, and $LDO. The primary driver behind this price rally is a significant uptick in Ethereum Name Service NFT sales. Over the […]

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Stacks Protocols See Surge In Unique Wallets and Liquid Stacking Amid Block Generation Issues

The Stacks ecosystem is experiencing a surge in cumulative unique wallets across all protocols, with StackingDao leading the charge at 35,011 unique wallets. This growth highlights the increasing adoption and activity within the Stacks network. If this is not Bitcoin L2 adoption with Stacks, tell me wtf this is Cumulative unique wallets are surging across […]

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$ONDO Token Declines 5% Amid Whale Movements Post-Upbit Listing

The value of the real-world asset token, $ONDO, declined by 5% today, continuing its bearish trend over the past week. According to on-chain reports, two significant whale transactions contributed to this decline, as large holders moved their ONDO tokens to Bybit for profit-taking following the token’s listing on Upbit. After Upbit listed ONDO, causing a […]

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Symbiotic Emerges As A Leading Ethereum Restaking Platform With Strong Backing and Unique Features

Symbiotic, a newly launched Ethereum restaking platform, has quickly gained traction in the crypto community. Supported by Paradigm and the founders of Lido, Symbiotic aims to enhance security through liquidity for services built on its protocol. This new platform facilitates coordination between users and services, providing a robust framework for restaking. Symbiotic just launched – here’s […]

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$SPIKE Faces Massive Sell-Off, Drops 95% Amid Insider Activity and Security Breach

The cryptocurrency $SPIKE has experienced a dramatic 95% price drop due to significant insider selling. Insiders initially acquired large amounts of $SPIKE through multiple wallets before offloading 292.95 million $SPIKE tokens, representing 29.3% of the total supply, for 7,056 $SOL (approximately $1.06 million) in a short span of time. Insiders are dumping $SPIKE crazily and […]

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DMM Bitcoin Suffers $300M Bitcoin Theft, Hacker Continues Moving Funds

On May 31, 2024, DMM Bitcoin experienced a massive security breach, resulting in the unauthorized transfer of 4,502.9 BTC, valued at over $300 million. The stolen funds were initially moved to the address 1B6rJRfjTXwEy36SCs5zofGMmdv2kdZw7P and have since been dispersed across 10 different addresses. Beosin Trace, a blockchain security firm, is actively monitoring the movement of […]

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Large ETH Holders Accumulate As Layer-2 Solutions Transform Ethereum’s Landscape

On Thursday, large Ethereum holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This surge in accumulation underscores the growing confidence in Ethereum’s evolving ecosystem. On Thursday, large ETH holders recorded a net inflow of 267k $ETH, marking the highest daily accumulation since March. pic.twitter.com/uBBhRpCxRz — IntoTheBlock (@intotheblock) June […]

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Controversy Surrounds Egypt Cat ($SPHYNX) Launch Amid Insider Trading Allegations

The recent launch of Egypt Cat ($SPHYNX) has been marred by accusations of unfair practices. An insider reportedly manipulated the market by using 10 newly created wallets to purchase 496.2 million $SPHYNX, which accounts for 49.62% of the total supply. These 10 wallets were set up just one hour before the token’s launch and funded […]