Binance, a leading cryptocurrency exchange, froze $4.2 million worth of XRP tokens in connection with the theft of over $112 million from Ripple co-founder Chris Larsen this week. Binance has pledged ongoing support to track down the missing funds, although this is only a small fraction of the amount misused. TLDR Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP tokens linked to the $120 million hack of Ripple co-founder Chris Larsen’s personal wallet. Binance is working with Ripple to monitor external wallets that still hold most of the stolen funds in case more funds are deposited into Binance.…
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Traditional investment advisors often express concerns about high volatility when investing in cryptocurrencies. While XRP and Dogecoin (DOGE) often suffer from this, investors can diversify their portfolios with Kelexo (KLXO). Dogecoin and XRP under pressure Dogecoin has been on a downward trend over the past year. Meme coins like Dogecoin may be fun and trendy, but they have no substance. Elon Musk’s support for DOGE pumping prices. He has been less vocal in recent days, reducing his gains. Meanwhile,…
People • February 4, 2024, 9:11 PM EST Posted 1 minute ago In ~ El Salvador’s Bitcoin-supporting President Nayib Bukele declared victory in the 2024 presidential election on Sunday before the electoral commission announced the results.“According to our figures, we won the presidential election with more than 85% of the vote and at least 58 of the 60 members of the House of Representatives,” Bukele said. said X. CID Gallup exit poll data also showed 87% voted for him. If the official vote confirms Bukele’s victory, he will serve as president until 2029. Bukele, whose approval ratings have risen after…
One closely watched cryptocurrency strategist believes that the altcoin market will see a strong rally in the coming weeks. Household analyst Rekt Capital told his 394,800 followers on social media platform said. Provider Chainlink (LINK). With both SOL and LINK witnessing a rally over the past few days, Rekt Capital said the altcoin market may be gearing up to repeat last quarter’s strong performance. “Both SOL and LINK started their first altcoin rallies a few months ago. They were the best performers in the altcoin hype cycle in Q4 2023. Both SOL and LINK are showing upward trends. We are…
Bitcoin, the largest cryptocurrency asset, is currently at a standstill in the eyes of many investors considering current market factors. The cryptocurrency has traded between $41,000 and $45,500 for most of last week after recovering from a brief dip below $40,000 on January 23. Although the price action was not very impressive, on-chain data showed that large holders were adding more money to their wallets, pushing the total number of wallets to a 15-month high. At the same time, holding patterns indicate that smaller whales are adding to their holdings to join the next round of retainers. large holder accumulation…
With the rise of cryptocurrencies in recent years, many new coins have hit the market, each with their own unique features and benefits. One of the coins that is making waves in the cryptocurrency community is X11 Coin. This innovative cryptocurrency has the potential to revolutionize the way we think about digital assets and has the potential to become a major player in the future of cryptocurrencies. Origin of X11 Coin X11 Coin was created in 2014 by developer Evan Duffield as a response to the limitations of existing cryptocurrencies. Duffield wanted to create digital assets that were scalable, secure,…
airdrop season It’s in full swingApps, protocols, and other projects are picking up on the signs of an impending bear market and finally abandoning their tokens, potentially rewarding millions of cryptocurrency users in the process.What exactly is it? airdrop, but? For cryptocurrency tokens, airdrops are typically a way for a project to reward early users and contributors by giving them a portion of newly released tokens, while also disseminating the tokens widely for decentralized governance.There are going to be some pretty attractive airdrops in the coming months involving blockchain networks and tokens geared specifically for gaming. Here’s what’s next for…
Shiba Inu is basically a dog-themed altcoin that is considered a decent alternative to Dogecoin. Despite market volatility, mainly due to major tokens such as BTC and ETH, the value of SHIB continues to fluctuate. ShibaSwap is a DeFi platform that has all the essential elements of a decentralized exchange, DEX. The Shiba Inu team is working to release a v2 version in the future, which is causing both optimism and ambivalence within the community. This article explores the impact on the price of SHIB, highlighting both sides. potential positive impact For reference, SHIB is currently trading at $0.000009065 and…
join us telegram A channel to stay up to date on breaking news coverage The Bitcoin Minetrix (BTCMTX) pre-sale project has significant potential to capitalize on the current surge in the cryptocurrency market, with Bitcoin continuing to hold a prominent position with high expectations. Emerging as a unique platform, it offers an innovative approach to cloud mining, making decentralized Bitcoin mining accessible to everyone regardless of technical expertise or financial resources. Bitcoin Minetrix attracts crowds with its unique Stake-to-Mine investment concept. Establishing itself as a major player in the cloud mining sector, Bitcoin Minetrix has successfully raised over $10 million…
The LBR native token of decentralized finance protocol Lybra Finance has experienced significant price volatility over the past week as major supporters have sold off the asset. Lybra Finance, developer of the high-yield eUSD stablecoin, aims to maintain a stable $1 peg and generate revenue from collateralized floating staking tokens. In January 2023, the DeFi protocol reached its maximum TVL of nearly $400 million. LBR price drop by 50% SpotOnChain, a prominent blockchain analytics firm, reported that Key Opinion Leaders (KOLs) and anonymous addresses holding significant amounts of LBR tokens control a significant portion of the network’s Total Value Locked…