Tag: Million

FBI Confirms North Korea Was Behind $100 Million Harmony Hack

Hackers used a privacy protocol called RAILGUN to try to conceal their transactions. The Federal Bureau of Investigation (FBI) has concluded its investigations into last year’s crypto hack that saw US-based Harmony protocol, lose $100 million worth of crypto. According to the FBI, the investigation has revealed that the June attack was perpetrated by two North Korea-backed hacking groups. They are the Lazarus Group and the APT38. Interestingly, the finding is not far off from earlier suspicions that made the rounds shortly after the massive exploit happened. Meanwhile, the breakthrough…

Three Forward-thinking Meme Coins Here to Stay: Floki Inu, Baby Doge and Big Eyes Coin, with Big Eyes Coin Raising a Meteoric $17 Million

Place/Date: – January 24th, 2023 at 11:23 am UTC · 3 min read Source: Big Eyes Coin After years of growth, cryptocurrency continues to reach unprecedented heights. Aside from the well-known names, new and exciting cryptocurrencies are launching almost daily. Cryptocurrencies run on open-source technology, immediately separating them from traditional finance methods. The codes of existing blockchains can be replicated, meaning the launch of a new cryptocurrency is as easy as 1,2,3. So let’s look at three cryptocurrencies currently enticing investors: Big Eyes Coin, Floki Inu and Baby Doge. Users…

Whales Bag 500 Million Dogecoin

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Meme coin forerunner, Dogecoin, opens the week with a new rally amid Robinhood’s support. Reports reveal that several whales jumped on the positive market sentiment to accumulate massive amounts of DOGE, triggering a 5% rally in the last day. According to WhaleAlert, Whales packed more than 500 million Dogecoin over the past two days. The tracker revealed that the largest holder of Dogecoin also partook in the accumulation and bagged almost 165 million DOGE coins. In addition, a top 20 whale also transferred 150 million Dogecoin tokens worth more than…

Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022 – Featured Bitcoin News

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Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached 87 million. Cryptocurrency Adoption Achieves New Milestones Crypto.com published a report titled “Crypto Market Sizing” for the year 2022 last week. The company explained that its analysis is built on a combination of Bitcoin and Ethereum on-chain data, survey analysis, and its own…

North Korean Hackers Behind $100 Million Horizon Bridge Theft

Horizon Bridge, a service enabling crypto assets to be traded between the Harmony blockchain and other blockchains, was drained of ether (ETH), tether (USDT) and wrapped bitcoin (wBTC). The FBI said that the hackers – “cyber actors associated with the [Democratic People’s Republic of Korea]” – relied on a malware campaign known as “TraderTraitor” in the Harmony attack. Source

Ethereum Staking Reaches $16.16 million ETH Ahead of Shanghai Upgrade

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According to Glassnode on-chain data, Ethereum staking has reached an all-time high of 16.16 million ETH worth $26.41 million, which has been deposited into the beacon chain. In other words, 16.101 million ETH have been staked on the Ethereum proof of stake beacon chain, as indicated by Glassnode on-chain data.   The 16 million ETH figure consists of over 13.28% of the total Ether supply and represents $22.38 billion at current prices. As per the data, out of the 16 million ETH staked, about 11.408 million ETH  have been staked through…

Big Eyes Coin Hits $16.5 Million in Presale as It Looks to Compete with NFT Platforms Like The Sandbox and BNB

Place/Date: – January 23rd, 2023 at 12:07 pm UTC · 4 min read Source: Big Eyes Coin Photo: Big Eyes Coin Big Eyes Coin (BIG) has introduced itself to the crypto market in spectacular fashion. The platform has laid out its goals and ambitions for when it launches, with a roadmap to document the milestones it plans to achieve. We can see from its whitepaper that Big Eyes Coin wants to become the next mammoth meme token, overtaking canine-themed meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE). One of…

Crypto Gaming Token AXS Surges 40% Ahead of $64 Million Token Unlock

Some observers have long argued that the impact of unlocks accentuate the prevailing market trend. “Large unlocks of tokens are a complex event that interface with market psychology. Simply put, large unlocks can be bullish catalysts in bulls, and bearish catalysts in bears. They unlock liquidity to continue the prevailing trend,” Chris Burniske, co-founder of New York-based crypto-focused venture firm Placeholder tweeted in April 2021, explaining the bullish reactions to token unlocks that took place in early 2021. Source

Kenyan Fintech Kwara Raises $3 Million in Seed Extension – Fintech Bitcoin News

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A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round. Kwara’s Client Base Kwara, the Kenyan fintech targeting the financially excluded, has reportedly raised a $3 million seed extension and has signed a digital solutions distribution agreement with an organization representing Kenyan cooperatives. The fintech, which more than doubled…

US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried – Bitcoin News

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Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash and Robinhood Shares From FTX Co-Founder; SBF Denies Misappropriation of Customer Assets The U.S. government has seized nearly $700 million from the former FTX CEO and co-founder, Sam Bankman-Fried (SBF), according to court documents reviewed by CNBC. Most of…