BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?
Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities. Go to Source
Month: May 2024
Former Mt. Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, “Everything Is Fine”
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the trustee is currently moving coins to a different wallet in preparation for a distribution that is expected … Read more
Trump Inquired if Bitcoin Could Aid in Solving the $35 Trillion US National Debt Problem
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey revealed that the first time he met Trump, he asked if Bitcoin could do anything … Read more
Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin
The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion worth of bitcoin. Bitcoin’s value dropped below … Read more
HTX crypto exchange overtakes Coinbase in trading volumes
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes. Go to Source
Bitcoin misses key resistance flip as BTC price falls below $68K
BTC price action shows sensitivity to Mt. Gox events, leaving $69,000 unclaimed as new support — to the frustration of Bitcoin bulls. Go to Source
Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?
The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline. Go to Source
DDoS attacks in blockchain networks, explained
A DDoS attack can severely compromise the security of a blockchain network by taking down nodes and bloating the network with fraudulent transactions. Go to Source
Memecoins dominate crypto open interest charts taking 4 out of top 10 spots
Open Interest refers to the total amount of pending derivative contracts that have not yet been settled. In a futures contract, for every seller, a buyer is required to settle the contract. Go to Source
Central banks turn to generative AI for enhanced cybersecurity: BIS
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow. Go to Source