Tag: Crypto

KiloEX exchange exploiter returns $5.5M days after $7.5M hack

The hacker behind the $7.5 million KiloEx exploit returned $5.5 million worth of cryptocurrency four days after the attack. Decentralized exchange (DEX) KiloEx suspended platform operations after suffering a $7.5 million exploit, Cointelegraph reported on April 15. In a surprising turn of events, the wallet address behind the exploit...
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The Rise of Crypto-Powered Gig Economies: Decentralized Work Platforms

Among many other things today, how people work is evolving fast. The nine-to-five job is no longer the only way to earn a living. Increasing numbers of people are turning to freelance work, temporary contracts, and home working. This has […] The post The Rise of Crypto-Powered Gig Economies:...
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Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in...
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Why XRP could rally 100% even in a crypto crash

XRP rallied 2% in the past week, and nearly 1% on the day, bucking the typical trend of correction in the crypto market. The second-largest altcoin by market capitalization ranks among top 10 gainers, according to Grayscale data. ...
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sUSD Drops Below $0.7 as Synthetix Stablecoin Faces Prolonged Depeg

The algorithmic stablecoin sUSD, a cornerstone of the Synthetix ecosystem, has spiraled into its deepest depeg in years, tumbling below $0.7 amid mounting concerns over its collateral mechanism and liquidity crunch. This latest drop marks a stark deterioration from its already fragile state earlier this month, when it wobbled...
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