People • January 31, 2024 9:57 AM EST Posted 1 minute ago In ~ Ripple co-founder Chris Larsen said Wednesday that there had been “unauthorized access to some of my personal information.” XRP -3.41% His comments follow a post by cryptocurrency detective ZachXBT on “Yesterday some of my personal XRP accounts (non-Ripple) experienced unauthorized access,” Larsen said. “femaleWe were able to quickly identify the issue and notify the exchange to freeze the affected addresses. “Law enforcement is already involved,” he said.ZachXBT was the first to discover the suspicious leak, but attributed it to Ripple itself. On January 30, there were…
Author: Crypto Flexs
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These private mempools, which allow blockchain transactions to escape the prying eyes of lead bots, promise to provide Ethereum users with better consensus and lower fees, but experts are sounding the alarm about some big risks.
XRP price is falling below the $0.5200 support. If the price closes below the $0.50 support line, the price may gain bearish momentum. XRP is showing bearish signs below the $0.525 and $0.512 resistance levels. The price is currently trading below $0.520 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair (data source from Kraken), a break has occurred below the main contract triangle with support at $0.5220. The pair now faces further downside risk below the $0.5000 support. XRP price takes a hit Over the past few days, the price of XRP has…
Stablecoin issuer Circle has announced the introduction of USDC to the Celo (CELO) blockchain, according to a new press release from The Celo Foundation. The Celo protocol is an Ethereum Virtual Machine (EVM)-compatible blockchain that bills itself as “mobile-first” and is in the process of transitioning to a layer 2 solution. Its own token, CELO, can be used for governance, staked for rewards, and used to lower transaction fees. USDC will launch natively on Celo, according to a new announcement from The Celo Foundation. USDC is the second-largest US dollar-pegged stablecoin by market capitalization, after USDT issued by Tether. USDC…
Bitcoin miners have been selling off recently, according to on-chain data, but the quant argues that this sell-off should not have a significant impact on the market. Bitcoin Miner Reserve has recently recorded a decline. In a CryptoQuant Quicktake post, one analyst discussed the recent selling pressure miners are putting on the market. The metric of interest here is “mining reserves,” which tracks the total amount of Bitcoin miners currently have in their wallets. This metric can naturally provide information about the collective behavior of these chain validators. Miners typically withdraw coins from their reserves when they want to sell,…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. While Ripple continues its legal battle with the US SEC, Cardano (ADA) has made significant progress in the smart contract space in early 2024. However, a new DeFi project, Borroe Finance (ROE), has caught the attention of investors. Ripple’s legal battle with the US SEC The SEC has requested a thorough investigation into the contract to determine if Ripple’s plan to sell XRP is consistent with the court’s summary order. In response, Ripple submitted a Sur-Reply application related to…
Posted 1 minute ago In ~ According to local sources, Binance is in early-stage discussions to reduce its stake in South Korean cryptocurrency exchange Gopax to address liquidity issues and domestic regulatory compliance issues caused by the FTX collapse. News media Dailian. Gopax, one of five fully registered cryptocurrency exchanges in South Korea, was acquired by Binance in February 2023 after facing liquidity issues due to FTX. Genesis Global Capital. Binance came forward with the condition of acquiring a 72.26% stake in the Korean exchange to solve Gopax’s liquidity problem.Steve Kim, Binance’s director for Asia Pacific, said at a roundtable…
In a high-profile money laundering trial in London, a former restaurant worker has been accused of trying to conceal billions of dollars worth of Bitcoin stolen in a massive investment scam in China. TLDR Jian Wen, a former restaurant employee, was allegedly recruited by Zhimin Qian to help launder money stolen in a $6.3 billion investment fraud scheme in China. Won attempted to purchase luxury goods and a mansion worth $30 million in London using Bitcoin, which was worth over $1.7 billion at the time. Your purchase has not been completed. British authorities seized 61,000 bitcoins from Wen and Qian…
January was a mixed month for the cryptocurrency market, with many altcoins hitting new all-time highs, but we experienced a bearish trend reversal in late January. This BeInCrypto analysis examines lesser-known altcoins that are trending positively, indicating the potential for significant gains in the coming months. The analysis specifically targets cryptocurrencies ranked in the top 150-300 by market capitalization. Treasure (MAGIC) is attempting a breakout. The MAGIC price fell to a low of $0.41 on October 19, 2023, and has since risen. This upward move led to a break above the bearish resistance trendline on November 25th. Before the breakout,…
In recent years, digital currencies have gained enormous popularity and have become a viable alternative to traditional forms of money. Among these digital currencies, SSVCoin has emerged as a promising option with unique features and potential for widespread adoption. In this article, we will delve into the untold secrets of SSVCoin and explore why it could be the next big thing in the world of digital currencies. What is SSVCoin? SSVCoin is a digital currency that operates on a decentralized network using blockchain technology. It was created with the goal of providing a safe, efficient and transparent means of conducting…