Suspicious Activity Surrounds BitForex Cryptocurrency Exchange

A recent report by on-chain detective ZachXBT has shed light on concerning activity within the BitForex cryptocurrency exchange.  Investors are growing increasingly apprehensive as questions arise regarding the exchange’s recent transactions and actions. According to ZachXBT’s findings, BitForex witnessed a significant $56.5 million withdrawal from its hot wallet on February 23. Surprisingly, withdrawal processing was abruptly halted, leaving users puzzled without any official communication or notice from the exchange. Seeing some suspicious activity with the crypto exchange @bitforexcom. On Feb 23 their hot wallets saw outflows of ~$56.5M. Shortly after this time withdrawals stopped processing with no official announcements having

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Cryptocurrency Exchange FixedFloat Compromised: Millions Lost In Ethereum And Bitcoin

A major setback has hit the cryptocurrency exchange FixedFloat, known for its fully automatic operations and lightning network integration. The exchange fell victim to a security breach, resulting in the loss of approximately 1,728 Ethereum and 409 Bitcoin, with a combined value of $25.85 million.  The majority of the stolen Ethereum has already been transferred by the perpetrator to eXch on the Ethereum network, resulting in total losses amounting to $26 million. 🚨@FixedFloat was exploited for ~$26.1M (409 $BTC and 1,728 $ETH). On Ethereum, the attacker 0x85c4fF99bF0eCb24e02921b0D4b5d336523Fa085 sent the stolen 1,728 $ETH to multiple addresses, then to Exch exchange. The

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Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH

Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETHFixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice. Fixedfloat Loses $26 Million in ETH […]

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Nano ($XNO) Outshines Bitcoin Spot ETFs in Social Media Activity, Gains Popularity

In a surprising turn of events, the term “nano” took the spotlight on social media platforms, surpassing words associated with Bitcoin spot ETFs in popularity, according to Santiment data from January 11 to January 12.  Despite being the 271st ranked cryptocurrency with a market capitalization of $160.88 million, Nano ($XNO) exhibited resilience and notable social media traction. Currently trading at $1.21 per coin, Nano has experienced a commendable uptick of over 6% in the last 24 hours and an impressive 100% surge in the last 90 days.  Despite its relatively lower market cap, Nano’s recent performance indicates potential responsiveness to

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SSV.Network Achieves Milestone With Permissionless Mainnet Launch, $SSV Token Surges

In a significant development, the SSV.Network has launched its permissionless mainnet, marking a crucial step forward for the decentralized staking network. The SSV.Network distinguishes itself by leveraging Distributed Validator Technology (#DVT), a decentralized and open-source staking model. DVT ensures an additional layer of security and resilience by distributing the operations of a single Ethereum validator across multiple non-trusting nodes.  This innovative approach minimizes the risks associated with centralization and operational vulnerabilities commonly found in traditional staking solutions. Participants in the SSV.Network can earn rewards in ETH by staking on this decentralized platform. As SSV is a fully permissionless protocol, every

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$TET Experiences Surge with Introduction Of Mainnet T12 Staking

In the ever-evolving world of blockchain networks, Tectum ($TET) has carved a niche for itself with its distinctive Proof-of-Utility (PoU) consensus and swift network technology. Of course, this makes it position itself as the exclusive blockchain network.  Notably, the PoU protocol enhances the efficiency of data distribution, while the network protocol empowers nodes to validate and propagate over a million digital events per second. Today, Tectrum has emerged as one of the standout performers in the cryptocurrency market. This is after witnessing a significant price gain of over 15%, reaching a peak at $24.82. Consequently, this upward movement aligns with

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An Analyst Envisions Bitcoin’s Continued Surge Until December 2025

As of the writing of this article, Bitcoin is undergoing a slight 1% decline in its price, currently resting at $42,753. Despite this, the primary cryptocurrency has showcased a remarkable 157% increase since the commencement of the year. However, it still lags 37% behind its all-time high (ATH) achieved in November 2021, peaking above $68,788. Insights derived from analyst Ali chart on X unveil a significant development: Bitcoin miners have recently executed a substantial sell-off, disposing of more than 3,000 BTC in the past few hours. This noteworthy transaction totals approximately $129 million and carries the potential to impact the

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Secret Network’s $SCRT Experiences Surge Following Andromeda Bridge Launch

Secret’s $SCRT is a privacy-centric blockchain that operates on the Cosmos network. Distinguished by its Secret Contracts, the platform enables decentralized applications (DApps) to leverage private data, akin to smart contracts on other blockchains.  Notably, Data privacy is a focal point, achieved through a combination of encryption protocols and key management within a Trusted Execution Environment (TEE). Of course, this unique approach positions Secret Contracts to address privacy-related use cases that many traditional blockchains struggle to accommodate. $SCRT Price Action To Watch So, over the past three months, Secret Network ($SCRT) has demonstrated positive momentum, with a notable gain of

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Telcoin Faces Significant Setback Following Security Breach

Telcoin ($TEL) has encountered a considerable setback, witnessing a substantial drop of over 41% within a few hours due to a significant security breach on the Telcoin cryptocurrency platform. This breach led to the apparent theft of millions of TEL tokens, amounting to around $1.3 million in cryptocurrency losses, as reported by peckshieldalert. #PeckShieldAlert Telcoin $TEL has dropped -41%Telcoin has suffered an exploit, resulting in a loss of ~$1.3M worth of cryptos https://t.co/FS756GaeWo pic.twitter.com/LDPZVu05Fv — PeckShieldAlert (@PeckShieldAlert) December 26, 2023 In response to the security compromise, the Telcoin team swiftly addressed the situation involving the Telcoin App. Taking immediate action,

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Helium Mobile Skyrockets With Massive Gains Following Launch Of Game-Changing Phone Plan

Helium Mobile’s ($MOBILE) meteoric rise continues to astound the market, surging an astounding 2,260% in the last 30 days, a remarkable 936% in the past week, and an impressive 76% in the last 24 hours.  This extraordinary upswing traces back to the introduction of the nationwide $20/month Unlimited Phone Plan on December 5th, 2023, allowing individuals across the United States to bid farewell to exorbitant phone bills by joining Helium Mobile. As a Mobile Virtual Network Operator (MVNO), Helium Mobile boasts around 8,000 members, and the recent adoption of its innovative phone plan has fueled a surge in subscribers.  New

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