Crypto bridges, which are ways of transferring assets from one blockchain to another, have become a key attack vector for hackers over the years due to the use of novel technology. The Ronin bridge suffered a $625 million exploit in the same month as Nomad. Source
Tag: Ether
Hong Kong Digital Bank Mox Adds Bitcoin (BTC) and Ether (ETH) ETFs, Plans Direct Crypto Investing
While the crypto ETFs are already available to investors on other trading platforms, Mox charges a lower fee of 0.12% of transaction volume with a minimum of HK$30 ($3.85) for Hong Kong-listed ETFs and 0.01% with a minimum of $5 for U.S.-listed ETFs. This is the cheapest among banks in the area, Henry Lau, Mox’s head of investment, told the SCMP. Source
Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
“After the recent wipeout, SOL and its ecosystem of coins still look good, especially in comparison to other alts,” David Zimmerman, analyst at K33 Research, wrote in a Wednesday report. “SOLETH has made a nice all-time high since the carnage, while SOLBTC also looks strong. Both closed green on the days of mass panic.” Original
Long-Dormant Wallets Tied to $4B PlusToken China Ponzi Moves 2.8K Ether
In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others, from operators of the PlusToken Ponzi scheme, months after its 27 alleged masterminds were arrested. Source CryptoX Portal
Long-Dormant Wallets Tied to $2B PlusToken China Ponzi Moves 2.8K Ether
In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others, from operators of the PlusToken Ponzi scheme, months after its 27 alleged masterminds were arrested. Source
Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K
“Note that the 11,500 ETH has been transferred to the wallet ‘0xf58’ which they often use to deposit ETH to CEX,” Spot On Chain posted on X. “Currently, Jump Trading still holds 21,394 WSTETH ($63.6M) and 16,292 ETH ($41.3M) in the wallets and has 19,049 STETH under the unstaking process from Lido.” Source
Bitcoin Price (BTC) Rises 3.1% and Ether Price Gains 2.6% as CoinDesk 20 Index Sees Broad Rally
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin Price (BTC) Dropped 19.6% while Ether Price (ETH) Fell 25.2% in Market Rout
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Crypto Stocks Slump as Bitcoin, Ether Tumble
Bitcoin, the largest cryptocurrency by market cap, fell as much as 15% on Monday, dropping below $50,000 for the first time since February before recovering to trade around $52,000. Ether, the No. 2, fell for the seventh straight day, posting its biggest drop since May 2021. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, dropped almost 20% and was 16% lower as of 09:00 UTC. Equity markets in Asia and Europe also fell. Original
Crypto Futures Witness $840M in Liquidations as Bitcoin (BTC) Prices Nosedive, Ether (ETH) Records Biggest Fall Since 2021
The liquidations came as bitcoin (BTC) slid more than 11% in the past 24 hours, while ether plunged as much as 25% before slightly recovering. TradingView data shows this was the worst single-day price fall for ETH since May 2021, when prices dumped from over $3,500 to $1,700. TradingView’s daily candle shows performance for UTC 00:00 to 23:59. Source