Web3 security company Boring Security announced the successful recovery of 36 Bored Ape Yacht Club (BAYC) and 18 Mutant Ape Yacht Club (MAYC) NFTs. The hacker returned the stolen NFT after receiving a payment of 120 ETH from Yuga Labs co-founder Greg Solano. Stolen NFT has been recovered The assets were stolen from P2P trading platform NFT Trader. The hack occurred on December 16 and hackers stole $3 million worth of NFTs. According to the published message, the hacker attributed the attack to another user, adding that they had come to pick up “leftover trash.” The hacker said in his…
Author: Crypto Flexs
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Ark Invest’s Coinbase selloff continued last week, with the company selling $59 million worth of stock after unloading an additional 18,962 COINs ($2.8 million) on Friday, according to the company’s latest trading filing. Cathie Wood’s investment management firm sold 12,142 shares of Coinbase stock ($1.8 million) in the Innovation ETF, 2,278 shares ($337,000) in the Next Generation Internet ETF, and 4,542 shares ($672,000) in the Fintech Innovation ETF.Ark, which sold $42.6 million worth of COIN on Wednesday, added $11.5 million on Tuesday and $1.9 million on Monday, took a total of $58.8 million in Coinbase stock last week as it…
join us telegram A channel to stay up to date on breaking news coverage BONK is one of the top 100 cryptocurrencies by market capitalization, boasting an impressive price rise of 700% over the course of a month. Bonk, a cryptocurrency within the Solana ecosystem, has garnered significant attention in the broader cryptocurrency market. It has recently surged, sparking bullish sentiment. However, recent price declines have sparked speculation about Bonk’s future trajectory. Additionally, this drop coincides with various developments in the Bonk community, solidifying its position among the top meme coins with its recent listing. Bonk Overview Overview Bonk operates…
Blockchain-based lending has regained momentum in 2023, with the value of active tokenized private credit now reaching $582 million, a whopping 128% increase from a year ago. While still a long way from the June 2022 peak of $1.5 billion, according to data from real-asset lending tracker RWA.xyz, this resurgence comes amid a recent increase in lending, with lenders seeking to leverage blockchain-based alternatives to traditional financial institutions. This may be a sign that you are looking for alternatives. interest rate.According to a December 1 report from NerdWallet, the average rate for blockchain-based credit protocols is currently 9.64%, with financial…
Solana Saga The smartphone Suddenly they’re selling like hotcakesClearly, cryptocurrency traders believe they BONK Meme Coin Airdrop It has value beyond the hardware price. However, it makes sense to ask, as full production is scheduled to cease soon. Solana Will labs produce more devices? Or will we create the next generation of mobile phones?Solana Labs, a startup comprised of current network founders, is leaving the door open, saying it will evaluate both demand and developer interest in building apps for the Saga ecosystem before taking the next steps.“We are very excited about the surge of momentum and interest in Saga,”…
FTX’s debtors have filed an amended Chapter 11 reorganization plan, marking a significant development in the once-popular cryptocurrency exchange’s ongoing bankruptcy case. The revised plan includes an important provision that establishes the value of cryptocurrency claims based on their cash value at the time of FTX’s bankruptcy filing on November 11, 2022. This decision comes amid a cryptocurrency market where the value of many digital assets is fluctuating, including: Bitcoin has shown a notable recovery since its bankruptcy date. Impact on Creditors and Market Recovery FTX’s bankruptcy had a significant impact on the cryptocurrency market, contributing to its decline in…
One cryptocurrency strategist believes that an altcoin that trades below the radar could repeat its mid-2020 price action to reap huge gains. Supply chain management blockchain VeChain (VET) is poised to break out of immediate resistance at $0.033, analyst Ali Martinez told his 35,900 followers on social media platform X. According to analysts, VET appears to be reflecting the consolidation between 2018 and 2020, and a breakout could push the altcoin to its long-term target of $0.70. “VChainthe forgotten chinese Ethereum, appears to reflect the consolidation phase seen in 2018-2020! then, veterinarian It may break the $0.033 resistance barrier in…
FTX Debtors Estate filed a Chapter 11 amendment to its reorganization plan today, leaving investors’ creditors dazed as to what’s next for the defunct exchange. According to the proposed plan, the estate, led by CEO John Ray III and Sullivan & Cromwell’s legal team, seeks to value its cryptocurrency claims at what they were when the company filed for bankruptcy last year, rather than at their current market value. FTX Debtor’s Resolution Plan The collapse of FTX in November 2022 sent ripples throughout the cryptocurrency industry, which are still being felt today, a year later. The collapse sent already struggling…
Find out how the Christmas cryptocurrency market is showing unique trends and what to expect from the holiday season. As the world is decorated with festive lights and the spirit of Christmas fills the air, cryptocurrency markets often experience seasonal surges as well. Historical data and expert analysis show that major holidays, including Christmas, can cause noticeable changes in trading patterns and market sentiment. During the Christmas period, traditional markets are usually closed, providing a unique playground for cryptocurrency markets. This period was sometimes marked by the so-called Santa Claus rally, a phenomenon in which investors witnessed a surge in…
“The Commission disagrees with the petition’s argument that it is impossible to apply existing securities laws and regulations to crypto-asset securities, issuers of such securities, and intermediaries in the trading, settlement and custody of such securities,” the five-member committee said. concluded: The two-page response said the agency had carefully considered the request. “The Committee concludes that the requested rulemaking is not warranted at this time and denies the petition.”