The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash on Course for Positive Cash Flow in the First […] Source CryptoX Portal
Tag: Cash
Lazarus Group taps Tornado Cash to launder Heco Bridge, HTX hack proceeds
North Korea’s hacker organization Lazarus is using Tornado Cash again despite U.S. sanctions against the popular cryptocurrency mixer. Blockchain analytics startup Elliptic reported on March 14 that Lazarus funneled $12 million into the Ethereum-based crypto tumbler. The funds, denominated in Ether (ETH), originated from a November hack on Justin Sun’s HTX and the exchange’s cross-chain solution, Heco Bridge. According to Elliptic and several other on-chain security firms, Lazarus orchestrated a $100 million attack on the two platforms last year. The funds remained dormant until March 13, when North Korea’s infamous…
North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic
Tornado Cash was hit by U.S. sanctions in August 2022. This spurred Lazarus Group to use another mixer, Sinbad, to obfuscate their ill-gotten gains. However, Sinbad itself was seized by U.S. authorities in November, prompting Lazarus to make the shift back to Tornado Cash, Elliptic said in its blog post. One of Tornado Cash’s founders, Roman Storm, was arrested last year and is awaiting trial on money laundering charges. Another, Roman Semenov, has been charged but has yet to be arrested. Source
Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More — Week in Review
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of its halving event and a major 2024 upgrade. Additionally, rumors circulated about a Qatari billionaire’s […] Original
Shiba Inu, Bitcoin Cash (BCH), Ethereum Classic (ETC) Lead CoinDesk 20 Gainers
The CoinDesk 20 tracks the world’s largest and most-liquid cryptocurrencies in an investible index available on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source
Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size Upgrade
On Saturday, March 2, the valuation of bitcoin cash witnessed a significant increase, climbing over 40% within a 24-hour span to reach a peak of $451 each. This upward trend is attributed to the anticipated halving event, set to happen in 16 days, and the forthcoming 2024 upgrade, which is expected to implement an adaptive […] Original
Bitcoin Cash and Bitcoin bullish; NuggetRush set for gains
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Bitcoin Cash and Bitcoin are bullish. Presently, BTC is trading above $62,000. The NuggetRush presale has already distributed 203 million NUGX. Bitcoin Cash approaching $300 Bitcoin Cash is trading at around $290, up from around $234.25 recorded on Jan. 31. BCH climbed by 6.8% to $250.30 on Feb. 9 before an 18.5% climb to $296.79 on Feb.…
Pushd presale takes in more Bitcoin Cash and Ethereum holders
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Community support plays a pivotal role in the success of cryptocurrency projects. A strong, active community can drive adoption, provide valuable feedback to developers and contribute to the project’s resilience in volatile markets. For investors, the strength of a project’s community can be a key indicator of its potential for success and longevity. The Pushd (PUSHD) platform is attracting a growing number of Bitcoin Cash (BCH) and Ethereum (ETH)…
Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol’s back end, according to a Medium post by community member Gas404. Source
Experts switch to KangaMoon as Chainlink and Bitcoin Cash prices fall
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While established players like Chainlink and Bitcoin Cash slide, KangaMoon is firm in its presale. Analysts are bullish on the project, expecting it to dominate other popular meme coins. Chainlink: Relatively low risk, price down slightly InvestorsObserver recently reviewed Chainlink, and gave it a low risk assessment. Thus, Chainlink is a safer investment compared to others. Currently, Chainlink is priced around $20.01. However, there’s been a slight downward trend…