Day: April 24, 2025

Bithumb tracks SK Telecom malware.

Key Notes A South Korean wireless telecommunications company breach has exposed sensitive SIM data of 34 million users. Bithumb launches real-time monitoring amid rising mobile fraud risk. Exchanges urge SK Telecom users to tighten authentication settings. A major data breach involving the top three telecommunications service providers in South Korea, SK Telecom, has raised concerns among crypto investors. With key SIM card details compromised, Bithumb has moved to protect its users, even as it prepares for its public listing. SK Telecom Data Breach Prompts Crypto Security Fears According to an…

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by acting as a celebrity promoter, according to a court filing. Details of the settlement agreement, including the amount O’Neal will pay, have not yet been disclosed. Plaintiffs in the case are seeking up to $21 billion in total damages from O’Neal and other promoters, former executives and other insiders. The former basketball star-turned-business mogul was just one of a host of celebrity promoters named in the…

Best Altcoins with Valuable VIP Benefits

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The value of the $TRUMP token has increased by more than 70% since the announcement of an ‘Exclusive dinner with President Trump’ for the top 220 $TRUMP coin holders. Although it may sound like a scam,…

Bitcoin ‘short squeeze’ or $87K dip next? BTC price predictions vary

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Key points: Bitcoin is setting up a showdown with leveraged shorts immediately above its yearly open price. That key level near $93,500 is the main target for traders hoping that BTC/USD will cement its latest breakout. The next support retest could involve $87,000, analysis suggests. Bitcoin (BTC) consolidated below a key resistance target on April 24 as a BTC price forecast brought sub-$90,000 levels into play. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Analyst: BTC price correction “fairly normal” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retesting $92,000 as support…

Sovereign Wealth Funds Bet on Bitcoin as Gold Alternative, Says Coinbase Institutional Strategist

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John D’Agostino, Head of Strategy at Coinbase Institutional, revealed that sovereign wealth funds and institutional investors have become key drivers of bitcoin accumulation in April, contrasting with retail investors’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not Retail, Behind Bitcoin’s April Rally, D’Agostino Tells CNBC Sovereign wealth funds — state-owned investment pools […] Original

Investors Pull $120 Million from Exchanges

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Chainlink (LINK) cryptocurrency has witnessed significant token flows off exchanges just recently. Over $120 million of LINK tokens have been taken off trading platforms within the last 30 days,…

Crypto AI tokens surge 34%, why ChatGPT is such a kiss-ass: AI Eye

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Crypto AI rises again The crypto AI sector is showing signs of life, with the combined market cap increasing by more than one-third in the past two weeks. The sector soared to a combined market cap of $70.42 billion back in mid-January and just as quickly plummeted back to earth, bottoming out at $21.46 billion on April 9, according to CoinMarketCap. It’s now back at $28.8 billion, with much of the growth in the past week. Near gained 26% in the past seven days, Render is up 23%, the Artificial…

Zksync Hacker Returns Stolen Funds, Keeps 10% Reward

The hacker who made off with $5 million in unclaimed ZK tokens complied with the safe harbor deadline and returned the funds, according to the Zksync Association. Hacker Cooperates to Collect Bounty The Zksync Association said the hacker who compromised an admin account and stole $5 million in unclaimed ZK tokens has “cooperated and returned […] Source CryptoX Portal

Analyst sees XRP hitting $27 on breakout signal.

Key Notes EGRAG CRYPTO expects XRP’s price to hit $27, citing 2017-like behavior. The fourth-largest digital asset, XRP, must hold above $2.10 to maintain its bullish outlook. Institutional inflows and network activity suggest growing market confidence. Prominent digital asset analyst EGRAG CRYPTO has shared a bold prediction for Ripple-linked cryptocurrency XRP. He said that a major price increase could be on the horizon. According to the update, investors are closely monitoring technical indicators and recent trends that resemble XRP’s notable 2017 rally. XRP and the 2017 Cycle Correlation EGRAG CRYPTO…

Ex-Celsius CEO Mashinsky sentencing set for May 8.

Key Notes Former CEO of Celsius, Alex Mashinsky, is expected to be sentenced on May 8. The sentencing was delayed by one month following a request from the defense to present additional evidence. Mashinsky pleaded guilty to securities and commodities fraud related to Celsius’s token, CEL. Alex Mashinsky, the former CEO of Celsius, is set to be sentenced by a US court on May 8, 2025, after pleading guilty to two criminal counts. Two years ago, he faced accusations of wire fraud, securities fraud, commodities fraud, and multiple counts of…