Tag: Ether

North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds – News Bitcoin News

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North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said blockchain data analytics firm Chainalysis. North Korean Hackers Stole $400 Million in Crypto Last Year Blockchain analytics platform Chainalysis published an analysis on North Korean hackers and their unlaundered cryptocurrency holdings Thursday. The firm described: North Korean cybercriminals had a banner year in…

North Korean Hackers Stole $400M in 2021, Mostly in Ether

North Korean hackers stole almost $400 million worth of digital assets from crypto platforms last year, mostly in the form of ether, according to a Chainalysis report published on Thursday. For the first time, ether accounted for most – 58% – of the stolen funds, according to the report. It was followed by altcoins and ERC-20 tokens, with bitcoin at just 20% of the total, Chainalysis said. The increased variety of tokens has led the hackers to step up their efforts to launder their spoils, the report said. The typical…

SEC Must Surrender Hinman Email on Ether to Ripple, Judge Rules

SEC attorneys, for their part, have claimed that these documents contain staffer deliberations, and therefore are protected against discovery. District Judge Sarah Netburn, of the Southern District of New York, ruled that some of these documents are indeed protected, but ordered the regulator to turn over others, including an email with Hinman’s speech and some notes from meetings between SEC staffers and third parties that are not Ripple. CryptoX Portal

What Is Ether? A Quick Guide to What Ether Is

Five ether are created roughly every 12 seconds. But beyond that, the rules for ether’s economy are open-ended and frequently change as new improvement proposals are agreed upon by the Ethereum developer community. While bitcoin has a hard cap of 21 million bitcoins, Ethereum’s main token does not have a set max supply limit. Source

Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence

Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst. BTC and ETH will be heading toward $100,000 and $5,000 this year, respectively, Bloomberg Intelligence analyst Mike McGlone forecasted in his latest market analysis published on Thursday. “A key issue we see is the Federal Reserve, as it faces the greatest inflation in four decades, more inclined to raise interest rates if risk assets continue climbing,” McGlone noted. McGlone also predicted…

Ether Sees Higher Liquidations Than Bitcoin After Falling Under $3.2K

Ether lost the $3,300 support level in early Asian hours on Friday, plunging to as low as $3,113 before briefly gaining over $90 at the time of writing. Friday’s drop was a continuation of a market-wide decline that started on Wednesday. The U.S. Federal Reserve released the minutes of its December meeting that signaled tightening of financial policies and caused a sell-off in risky assets. Source

Bitcoin Continues Narrow Trading Range; Ether Pops Back Into the Green

“First Mover” dove into Web 3, what it means to different blockchain leaders, and do their plans include Ethereum? Joining the show to discuss this major theme of 2022 were the Near Foundation’s new CEO, Marieke Flament, and Kavita Gupta, founder of the new Delta Blockchain Fund. Also, Ronnie Moas of Standpoint Research shared his crypto markets analysis. Source

Ether drops below $3,800, but traders are unwilling to short at current levels

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Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.’s 18% price drop. Still, Ethereum’s network value locked in smart contracts (TVL) increased nine-fold to $155 billion. Looking at the past couple of months’ price performance chart doesn’t really tell the whole story, and Ether’s current $450 billion market capitalization makes it one of the world’s top 20 tradable assets, right behind the two-century-old Johnson & Johnson conglomerate. Ether/USD price at FTX. Source:…

Analysts predict Yearn Finance’s ETH vault could spark renewed Ether bull run

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Analysts predict that the imminent launch of yETH by Yearn Finance could trigger a renewed surge in buying pressure on the ETH markets. The product, which is being voted on by YFI token holders, will automatically find the highest yielding decentralized finance (DeFi) protocol/strategy for Ether (ETH) deposits. Yearn Finance’s core products are ‘vaults’ that seek the best returns for yield farmers, while also pooling funds to reduce gas fees. With Yearn’s vault purporting to guarantee the highest returns while removing the labor and research needed to maximize the profitability…

Japanese financial giant SBI to launch CFDs for Bitcoin, Ether and XRP

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Japanese financial giant SBI Holdings is preparing to launch contract-for-difference (CFD) trading for major cryptocurrencies like Bitcoin (BTC). Starting Aug. 31, SBI Holdings will start CFD trading service for crypto assets like Bitcoin, Ether (ETH), and XRP, Cointelegraph Japan reports on Aug. 28. As officially announced, the new service will be offered through SBI’s foreign exchange-focused arm, SBI FX Trade. The platform is accepting new account registrations immediately, the announcement notes. The new trading offering will allow SBI clients to trade crypto CFD contracts against the Japanese yen and the…