Somesing, a South Korean blockchain-based social karaoke platform, was attacked on Saturday and lost 730 million of its SSX tokens, worth $11.58 million. the announcement. The hacked amount includes 504 million undistributed SSX tokens scheduled to be distributed by the end of 2025 and 226 million SSX held by the Something Foundation and already in circulation, the notice said. Somesing said, “It has been confirmed that the hacking incident is not related to Somesing team members, and based on the method, it is presumed that it was committed by a professional hacker who specializes in hacking virtual assets.”The platform said…
Author: Crypto Flexs
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The community is speculating that an Ethereum ETF will eventually enter the market, following in the footsteps of the Bitcoin ETF. The committee approved 11 applications on January 10, 2024, allowing investors to send their funds to Bitcoin without hesitation. Speculations suggest that the Ether ETF will be the next big thing as it is the second largest token in valuation after Bitcoin. Plus, we already have the support we need from the global community. The Ethereum ETF may soon cross the finish line. The long-awaited product also provides predictions and news about the token. latest buzz ETH is trading…
Finland’s National Bureau of Investigation has reportedly tracked Monero (XMR) transactions related to the criminal trial of Julius Aleksanteri Kivimäki, who is accused of hacking a private mental health company’s database and demanding a ransom in cryptocurrency.Cryptocurrency tracking for bank accounts in KivimäkiProsecutors in the case presented new evidence on January 22 that revealed a cryptocurrency trail leading to Kivimäki’s bank account. In October 2022, hackers reportedly demanded 40 bitcoins (about €450,000 at the time) from Vastaamo, a provider of psychotherapy services, to stop publishing the records of more than 33,000 patients.Payment and conversion processWhen the ransom was not paid…
join us telegram A channel to stay up to date on breaking news coverage Our team reviews new cryptocurrency releases and upcoming token presales on a daily basis that have recently launched on cryptocurrency exchanges. Today CMC listed several promising tokens. Among these new listings, Retake Finance, Morse, and Pudel emerge as the most promising new tokens on CMC and are showing notable growth recently. We analyze the features, token economics, and other relevant details that make it suitable for investment. New cryptocurrency launches, listings and pre-sales today Spong V2 is attracting attention as it has entered the final stages…
Layer 1 • January 28, 2024 7:03 PM EST Posted 1 minute ago In ~ Solana brush +2.34% , the best-performing altcoin in 2023, is off to a strong start in 2024. Earlier this month, the Layer 1 network According to data from The Block, Solana recorded its highest transaction volume since October 2022, and just yesterday Solana hit its highest level of daily new addresses on a 7-day moving average. The network’s best month for total subscriptions was May 2022, but January has already seen it gain over 10 million new addresses and counting, knocking December 2023 from second…
Community and EducationAkomba Education InitiativeOn-chain authentication framework, developing modular learning resources and accredited courses using this framework.akomba.com/Community and EducationcougarAn educational initiative that creates working groups and corporate meetups/workshops to discuss and develop open standards and proofs of concept.Community and EducationFOSS ResponderAn event hosted by the Open Software Foundation to help connect open source projects and teams impacted by COVID-19 with funding opportunities in the diverse open source ecosystem.fossresponders.comCryptography and ZKPSTARK related explorationResearch and development on Distaff, a zero-knowledge virtual machine written in Rust that automatically generates STARK-based execution proofs, including progress toward Turing-completeness.github.com/GuildOfWeavers/distaffCryptography and ZKPzk-summerIt is a program that allows…
In a recent interview with Gareth Soloway, chief market strategist at verifyinvesting.com, Soloway suggested that Bitcoin could bounce back to the $15,000 level if a significant stock market sell-off occurs.advertising Soloway predicts Bitcoin could fall to $15,000 Two days ago, in a newly released YouTube video, Gareth Soloway Verifiedinvesting.com sat down with Kitco News’ lead anchor and editor-in-chief Michelle Makori for a new interview, exploring Bitcoin’s latest trends and potential future trajectory. Soloway shared insights on his approach to analyzing diverse data sets to predict future trends and draw conclusions. He emphasized that the Bitcoin bull market of 2017 and…
Cryptocurrencies have been a hot topic in the financial world in recent years, and RotoCoin is one of the most promising digital currencies on the market. With its unique features and growth potential, RotoCoin has become a popular choice for investors looking to capitalize on the opportunities offered by the cryptocurrency market. RotoCoin Basics RotoCoin is a decentralized digital currency created as an alternative to traditional forms of money. It is built on a technology called blockchain, a secure and transparent ledger that records all transactions made with RotoCoin. This technology makes RotoCoin resistant to fraud and manipulation, making it…
Ethereum has a bullish structure on the weekly chart. The two main range resistance level overheads match well with the liquidation heatmap. It took more than a month for Ethereum (ETH) bulls to break through the resistance at $2.4,000. News of the approval of a Bitcoin (BTC) spot ETF sent Ethereum to a local high of $2,700, but was rejected from there. This price action gave us an idea of the range within which AMBCrypto is explored here. Meanwhile, the weekly market structure remained strong, with lows higher around the $2.1k level. Resistance at $2,370 could reject ETH strength. The…
Hong Kong’s Securities and Futures Commission (SFC) has issued a stern warning to the public about two staking products called “Floki Stake Program” and “TokenFi Stake Program.” Both staking products described by financial regulators as “suspicious” are related to the Floki protocol. Hong Kong’s SFC issues warning on staking The SFC noted in a press release that the Floki staking program and the TokenFi staking program claim to offer “high return targets ranging from 30% to over 100% per annum.” However, the regulator emphasized that neither cryptocurrency product has yet been approved in Hong Kong. Staking is a way for…