CoinGecko attackers had already sent phishing emails to approximately 24,000 users within 24 hours of the incident. CoinGecko, a leading cryptocurrency data aggregator, announced that a massive data breach occurred on June 5, 2024. According to the company, the latest data breach occurred through GetResponse, a third-party email platform. According to reports, attackers were able to access CoinGecko customers’ data by compromising the accounts of GetResponse employees. However, CoinGecko was notified of the data breach almost 24 hours later, causing unprecedented damage. CoinGecko attackers exported 1,916,596 customer contacts from GetResponse, resulting in 23,723 emails already being phished. “Unfortunately, the personal…
Author: Crypto Flexs
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The cryptocurrency community is sounding the alarm over a potential $3.5 million lug pool from zkSync’s project Gemholic. On June 7, several transactions depleted the project’s smart contract funds. Concerned members of social media platform X (formerly Twitter) have highlighted that Gemholic’s online presence has disappeared. The project’s X handle and Telegram channel have been deleted as of press time. How did Gemholic’s rug pull come about? Last year, Gemholic lost access to 921 ETH raised in a token sale due to a bug in its smart contract. At the time, the team promised refunds to investors once the locked…
According to According to Arkham Intelligence, the U.S. government seized more than $300 million from three Alameda Research accounts on Binance and BinanceUS. The seizure is part of a larger confiscation action involving more than $700 million in assets from FTX and Alameda Research. Details of seized funds The seized funds were classified by the Arkham Intelligence platform as a ‘United States Government’ entity. Details of seized assets are as follows: $119.3 million USDT $102.38 million in BTC and WBTC BNB $28.35 million $26.26 million in ETH and WETH 13.62 million USD (BUSD) Context…
According to According to Arkham Intelligence, the U.S. government seized more than $300 million from three Alameda Research accounts on Binance and BinanceUS. The seizure is part of a larger confiscation action involving more than $700 million in assets from FTX and Alameda Research. Details of seized funds The seized funds were classified by the Arkham Intelligence platform as a ‘United States Government’ entity. Details of seized assets are as follows: $119.3 million USDT $102.38 million in BTC and WBTC BNB $28.35 million $26.26 million in ETH and WETH 13.62 million USD (BUSD) Context…
join us telegram A channel to stay up to date on breaking news coverage The cryptocurrency market is abuzz with investor interest. Cost-effective entry point. The recent surge in activity is partly due to the approval of the Spot Ethereum ETF. This approval had a ripple effect on the market and created optimism among altcoins. As a result, investors are now looking for the best altcoins to buy. In this article, we take a look at some of the most promising altcoins today. It also provides important insight for those looking to capitalize on the current upturn. 5 Best Altcoins…
The cryptocurrency community is concerned about the suspected rugpull incident involving the Gemholic project and the zkSync network.Several users who have fallen victim to the alleged Gemholic scam have taken to X to raise awareness. NSerec, founder of Zkmarkets, confirmed that Gemholic stole $3.5 million.In the Once the funds were finally unlocked, the team implemented what appeared to be a rug pull. NSerec said the contract creator’s address was supposedly funded by Binance and asked community members who had any insight on how Binance could help them contact them.KYC provider silenceDespite completing Know Your Customer (KYC) verification through SolidProof, the…
One of the main applications of Ethereum that people have been interested in is financial contracts and derivatives. Although financial derivatives have acquired a reputation as a highly risky and destabilizing device with the sole function of enriching speculators, the underlying concept in fact has a number of legitimate uses, some of which actually help people protect themselves against the volatility of financial markets. The main idea here is called “hedging”, and is best explained in the context of Bitcoin, where ordinary businesses and individuals with no desire to take massive risks end up needing to deal with high volumes…
New York Attorney General Letitia James is suing the two companies and their promoters over an alleged cryptocurrency pyramid scheme that defrauded Haitian investors out of more than $1 billion.In a complaint filed Thursday, NYAG alleged that defendants Cynthia Petion and her husband Eddy Petion promoted the scheme to defraud thousands of investors worldwide, including at least 11,000 New Yorkers.AWS Mining, the first cryptocurrency mining investment scheme that promised 200% guaranteed returns, collapsed in April 2019. This was followed by a second large-scale fraud, NovaTech, claiming to be a cryptocurrency and forex trading platform. According to the filing, investors deposited…
The market structure for ETC was bullish at press time. Momentum and volume indicators turned bearish on the chart. Ethereum Classic (ETC) retested the $25 support level and almost flipped the market structure on the higher period into a bearish one. This comes after an unfavorable US jobs report for May. Short-term momentum also appeared weak. In a recent report, AMBCrypto noted that the $28.4-$29 area could be revisited before a rebound. Ethereum Classic fell more than expected. Ergo, Question – How are traders reacting to recent price movements? The $29 support level did not hold. Source: ETC/USDT on TradingView…
Bitcoin ($BTC) has surpassed $70,000. At the time of this writing, it was well over $71,000, trading at $71,156.02. This reflects growth of 0.29% in the last 24 hours and 4.72% in the last 7 days. Moreover, it soared by 11.97% in just one month. Many factors are shaping this picture. But what stands out is the whale activity. Large investors have shown strong confidence in Bitcoin. They accumulated nearly 70,000 BTC tokens in less than 30 days, which translates into a margin of roughly $1 billion. This just shows that long-term holders are ready to take risks again. Because…