$14M WOO X exploit tied to targeted phishing attack of team member’s device
Crypto exchange WOO X reported a security breach on July 24 that resulted in unauthorized withdrawals totaling $14 million across nine user accounts. The company said in a July 24 statement that the exploit stemmed from a team member’s device…...
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Roman Storm Trial: Is Coding A Crime? The Tornado Cash Court Battle Intensifies
NEW YORK — The government officially rested its case against Tornado Cash developer Roman Storm on Thursday, bringing eight days of witness testimony to a close. Storm’s defense introduced its first witness, Ethereum core developer Preston Van Loon, on Thursday afternoon. Van Loon told the jury that he was a...
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Ether will ‘knock on $4,000’ and soon outperform Bitcoin: Novogratz
Galaxy Digital CEO Michael Novogratz says institutional interest may be the secret sauce that sees Ether outperform Bitcoin in the next three to six months....
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Ripple’s XRP Joins the Farm: Agricultural Company Adds It to Treasury
The list of companies embracing Ripple’s XRP for treasury holdings is steadily growing. Only a few contenders have utilized this strategy so far, but with easing regulations and increasing adoption, the trend could intensify soon. Institutional Interest Growing Nature’s Miracle Holding Inc., a publicly traded company (ticker: NMHI) specializing...
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Bitmine gobbles $2.1B in ETH in 16 days amid treasury arms race
Chairman of BitMine’s board of directors, Tom Lee, said the company wants to acquire and stake at least 5% of the total Ether supply, which would be over 6 million Ether....
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Bitcoin, Dogecoin Slide, Ethereum Gains Amid Drop In Crypto Volatility: Analyst Says A Close Outside This Range Will Set Stage For BTC’s ‘Big Move’
Leading cryptocurrencies dipped on Thursday under a volatility squeeze, even as investors awaited a decisive breakout. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET) Bitcoin (CRYPTO: BTC) -1.41% $117,214.66 Ethereum (CRYPTO: ETH) +1.26% $3,686.38 Dogecoin (CRYPTO: DOGE) -6.32% $0.2287 What Happened: Bitcoin retraced sharply from the $119,000 zone,...
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US Appeals Court Overturns Yuga Labs’ $9M Trademark Lawsuit Judgment
A US court of Appeals has sent Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, back to the district court for its lawsuit against artist Ryder Ripps and business partner Jeremy Cahen. Yuga Labs Sent Back To District Court On Wednesday, the...
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Bitcoin Whale Wagers $23.7M on BTC Rally to $200K by Year-End
Bitcoin’s (BTC) price rally may have stalled lately, but bullish conviction certainly hasn’t, as whales continue to bet millions on an extended market rally. Recently, one such whale executed a significant bullish options play targeting $200,000 by the year’s end. The strategy involved the simultaneous purchase of 3,500 contracts...
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XRP Falls Nearly 2.5% As Ripple Co-Founder Transfers $150 Million Worth Of Coins From Wallet — Analyst Says, ‘He’s Dumping On You’
A wallet tied to Ripple co-founder and executive chairman Chris Larsen transferred out hundreds of millions worth of XRP (CRYPTO: XRP) over the last week. What happened: Around 50 million XRP tokens have been moved from the address since July 17, totaling $155 million at current prices, according to...
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UK-Based Satsuma Technology Raises $135 Million To Accelerate Bitcoin Purchases
Satsuma Technology, a London-based Bitcoin (BTC) treasury management and AI-driven decentralized finance (DeFi) firm, announced today that it has raised more than 100 million British pounds – approximately $135 million. UK Firm Raises Funds For Bitcoin Acquisition Earlier today, Satsuma Technology – formerly known as TAO Alpha PLC –...
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