Author: Crypto Flexs

American actor Sydney Sweeney’s X account has been hacked. Hackers raise $13 million in 30 minutes and then dump the coins minutes later. Rapper Iggy Azalea mocks Sweeney after she rejoins X. As celebrities jump on the Solana meme coin craze, more and more celebrities are getting hacked every day. Their X followers are often hit by dubious meme currencies promoted by scammers. This time, famous American actor Sydney Sweeney woke up to find that her X account had been hacked. Cybercriminals were quick to move and release a fake Solana (SOL) meme coin called $SWEENEY. 🚨HACKING ALERT: Sydney Sweeney’s…

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The total value locked in the re-staking protocol Symbiotic has exceeded $1 billion.The project announced yesterday that it had reached its deposit limit of 210,600 wrapped stETH, worth approximately $800 million, in just four hours. This increase brings user deposits to over $1.04 billion in less than a month, according to DeFiLlama data.Symbiotic positions itself as a competitor to EigenLayer, the first re-staking protocol on Ethereum, by allowing users to deposit funds to support third-party protocols via a shared security model. Symbiotic is currently in the bootstrapping phase, which includes integrating re-staking collateral.Like EigenLayer, Symbiotic aims to solve network security…

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Despite the recent Bitcoin price drop below $59,000, which has led to increased buy demand, there is growing overall fear that the cryptocurrency will fall further. The Bitcoin (BTC) price has continued its recent downtrend after losing support around $60,000 over the past 24 hours. The flagship coin is down about 4% over the past 24 hours, trading at around $58,453 early in the European session on Thursday. As a result, more than $275 million was lost in the cryptocurrency leveraged market, of which about $245 million was invested by long traders. Main reasons why bitcoin price is falling The…

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2FA app Authy breach exposes 33 million phone numbers, putting them at risk for phishing attacks No accounts have been compromised to date. Twilio has already secured endpoints and improved app security. On July 1, 2024, Twilio, the developer of the popular two-factor authentication (2FA) app Authy, disclosed a data breach affecting user phone numbers. Although the account itself is not compromised, exposing your phone number poses a serious risk of phishing and smishing attacks. Details on the Authy data breach According to a security alert issued by Twilio, hackers were found to have accessed the Authy Android app database…

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Leading cryptocurrency exchange Binance has announced support for the upcoming BNB Beacon Chain (BEP2) network upgrade and hard fork. This move aims to ensure the best user experience for customers.Maintenance ScheduleIn preparation for this important upgrade, Binance will perform wallet maintenance on BNB Beacon Chain (BEP2) starting from 07:00 (UTC) on July 9, 2024. As a result, deposits and withdrawals on BNB Beacon Chain (BEP2) will be suspended starting from 06:55 (UTC) on the same day. The maintenance is expected to take approximately 2 hours.Upgrade and Hard Fork DetailsThe actual network upgrade and hard fork…

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Decentralized oracle network Chainlink (LINK) is suddenly seeing a lot more development activity, according to new data released by cryptocurrency analytics platform Santiment. Santiment noted that Chainlink has jumped in rankings in terms of development activity over the past 30 days, from fourth place in May to second place last month. Meanwhile, Hedera (HBAR), a decentralized app protocol, continues to lead the cryptocurrency space in terms of development activity. “Here are the top crypto coins by development frequency. Hedera still holds the top spot, with Chainlink falling to second. The list below is sorted by calculating all non-duplicated activity for…

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Imagine an investment that combines the timeless value of gold with cutting-edge blockchain technology. Tokenized gold offers just that. A fresh and innovative way to invest in one of the most trusted assets in human history. TV Wine With TVVIN’s $VVG token, each digital coin represents 1 gram of investor-grade LBMA certified gold. With TVVIN, there are no more barriers or exclusive clubs. Tokenized gold is now open to investors of all levels. Tokenized times couldn’t be better. The gold market has surpassed $1 billion. Launched in April 2023, tokenization of real-world assets is set to reach trillions of dollars…

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Bitcoin (BTC) fell more than 2% on July 4 as a key support level was retested for the first time since October 2023.BTC/USD 1-hour chart. Source: TradingViewThe recent BTC price crash is believed to be due to “spot selling”According to data provided by Cointelegraph Markets Pro and TradingView, Bitstamp’s latest daily close has seen a new local low of $57,885.The lack of investor sentiment combined with the steady selling in the spot market has created an unfavorable situation for Bitcoin bulls.According to data from monitoring resource CoinGlass, at the time of writing, 24-hour BTC long-term liquidations amounted to approximately $60…

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An Illinois district court judge has sided with the Commodity Futures Trading Commission (CFTC) in a cryptocurrency Ponzi case, classifying two lesser-known altcoins as commodities.The Ponzi scheme involved Oregon native Sam Ikurti and his several companies, which defrauded victims by promising them “steady returns” of 15% per year from investments in “digital asset products.”This included Bitcoin (BTC) and Ether (ETH), but also Olympus (OHM) and Climado (KLIMA), which the order states are also eligible as commodities.The CFTC said, “These virtual currencies fall into the same general category as bitcoin, and there are regulated futures contracts for bitcoin.”KLIMA is the governance…

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Cryptocurrency exchange Coinbase has challenged a motion by the Securities and Exchange Commission that seeks to block agency Chairman Gary Gensler from “reasonable gathering of evidence” in its ongoing legal battle with the SEC.“We responded to the SEC’s attempt to block Mr. Gensler’s reasonable pursuit of evidence. This case was brought by the SEC, not Coinbase. Democracy and due process die in the dark. We appreciate the court’s careful consideration of this matter,” Paul Grewal, Coinbase’s chief legal officer, wrote in the letter. post Today at X.in letter In a filing Wednesday with U.S. District Judge Catherine Failla, Coinbase’s attorneys…

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