Browsing:Crypto News

the Mumbai International Airport received an email threatening an impending explosion at Terminal 2.
6 months ago 1 min read

A guy threatens to blow up Mumbai airport unless they pay him $1 million in Bitcoin

In an alarming turn of events, the Mumbai International Airport (Chhatrapati Shivaji Maharaj International Airport) received an email threatening an impending explosion at Terminal 2. To avoid the alleged blast, the sender demanded a payment of $1 million in Bitcoin within 48 hours. The Mumbai Police responded quickly and filed a case against the unknown individual who sent the threatening email. The email, sent around 11 a.m. on Thursday to the Mumbai International Airport Limited (MIAL) feedback mailbox, detailed the threat and the ransom demand. The threat email, which came from the email address quaidacasrol@gmail.com, said: “The subject is Blast.

Blur Token Skyrockets 30% Following Binance Listing and Airdrop Success
6 months ago 1 min read

Blur Token (BLUR) surges by over 30% following Binance listing

Blur, the native token of the NFT platform Blur, experienced a remarkable 30% surge in value, attributed to its recent Binance listing and a successful airdrop campaign. Binance’s convert feature, designed for retail users, played a crucial role in Blur’s recent success. This feature allows users to conduct asset transactions without relying on an order book. Following its listing on Binance, Blur’s price doubled, reaching an impressive $0.64 in just over a week. As of the latest update, Blur is trading at $0.6373, reflecting a 27.30% increase in the last 24 hours, with a notable 21.30% rise in trading volume.

Bitcoin Surges to $38,000
6 months ago 1 min read

Bitcoin Soars Beyond $38,000, Reflecting Growing Investor Confidence

Bitcoin (BTC) has reached a milestone, hitting $38,000, marking its highest level since May 2022. Over the past week, the leading crypto has witnessed a 7% surge, and its 30-day gains stand at an impressive 10%. Investor interest in the crypto markets is on the rise, notably among major digital asset funds. This renewed enthusiasm is fueled by expectations surrounding the potential approval of a Bitcoin Exchange-Traded Fund (ETF) in the United States. The prospect of a regulated Bitcoin ETF could attract traditional investors to the crypto space. Last week, crypto products experienced a substantial influx of funds, with $176

Ethereum (ETH) recently gained momentum, surpassing the critical $2,050 mark
6 months ago 1 min read

Ethereum (ETH) hits $2,100: Will it hit $2,500 soon?

Ethereum (ETH) recently gained momentum, surpassing the critical $2,050 mark and sparking speculation about a possible rally toward $2,500. However, current market dynamics are raising concerns, particularly regarding Binance’s regulatory challenges following its recent plea deal with the US Department of Justice. Even after a brief retest at $1,930 on November 21, the second-largest cryptocurrency demonstrated strength by breaking through the $2,000 resistance zone and maintaining support above it. ETH emerged as one of the top gainers, breaking through the $2,050 resistance level. The bullish momentum was temporarily halted on November 23 when ETH reached $2,088, resulting in a consolidation

A cyber attacker successfully executed a $50 million heist on the DEX KyberSwap
6 months ago 1 min read

KyberSwap Hit by $50M Cyberattack, Sending Shockwaves Through Multiple Platforms

A cyber attacker successfully executed a $50 million heist on the decentralized exchange KyberSwap, urging users to withdraw their assets as soon as possible. The attacker primarily targeted Ethereum and USDC funds, carrying out multiple attacks across multiple KyberSwap platforms. The hacker specifically stole $20 million from Arbitrum, $15 million from Optimism, and $7 million from Ethereum. The exploit exposed flaws in the exchange’s coding, affecting liquidity provider pools in particular. In an audacious move, the hacker left mocking comments, hinting at future negotiations and even making jokes about their location, stating, “Negotiations will begin in a few hours when

70.35% of BTC Supply Unmoved
6 months ago 1 min read

Over 70% of Bitcoin (BTC) Supply Remains Unmoved, Signaling Investor Confidence

Glassnode, a prominent blockchain analytics firm, recently revealed that a record-breaking 70.35% of Bitcoin’s circulating supply has been inactive for over a year. This is higher than the previous high of 69.35% set in July, indicating a steadfast commitment on the part of Bitcoin hodlers. This extended period of inactivity suggests that some Bitcoin holders are unconcerned about market challenges and global economic uncertainty. Despite the cryptocurrency’s price doubling this year to $37,000, long-term investors appear determined to ride out the storm. The data not only shows the prevalence of one-year inactive holdings but also shows similar trends in Bitcoin

Solana (SOL) Faces Sell-Off Fears as Whales Move 200,000 Tokens to Binance
6 months ago 1 min read

Whale moves 200,000 Solana (SOL) worth around $10 million to Binance

A significant amount of Solana (SOL) tokens, totaling around 200,000 SOL and valued at more than $10 million, were transferred to Binance, causing a jolt in the cryptocurrency market. This significant movement has fueled speculation about a possible sell-off, resulting in a 1.89% drop in SOL’s price in the last 24 hours. A crypto whale transferred 200,000 SOL tokens to Binance, causing concern and rumors in the cryptocurrency community. The timing of this transfer coincided with a slight drop in the price of SOL, prompting market participants to speculate on the motivations behind such a large movement. The impact of

Crypto Industry Faces Regulatory Turbulence
6 months ago 1 min read

Crypto Industry Faces Regulatory Turbulence: SBF Detained, CZ Resigns as Binance CEO

Regulatory challenges have taken center stage in a turbulent period for the crypto industry, with significant figures facing legal issues and exchanges dealing with enforcement actions. Following the decision of the United States Court of Appeals to uphold his detention, Sam Bankman-Fried (SBF), the founder of crypto exchange FTX, will remain detained. SBF was arrested after being accused of defrauding consumers and investors. SBF was initially placed under house arrest, but he violated his release conditions, including contacting witnesses, which resulted in his arrest. SBF, who was convicted on seven criminal counts, is scheduled to be sentenced on March 28.

Amid Whales' Optimism and FTX 2.0 Anticipation
6 months ago 1 min read

FTX exchange’s FTT Token surges by over 22%

FTT, the native token of the now-defunct crypto exchange FTX, has seen a significant price increase, rising more than 22% in the last 24 hours. The extraordinary growth, particularly in the last 10 days, corresponds with significant accumulation by the top ten whale wallets. According to Santiment data, FTT holders are profiting from recent FTX developments, particularly in light of the ongoing Binance saga. The top ten wallets have collectively acquired an impressive $12.8 million in FTT in just 19 days, indicating strong market optimism among influential players. This increase in the price of FTT is attributed to FTX’s strategic

FTX has completed nearly $36 million in token transfers
6 months ago 1 min read

FTX exchange completes nearly $36 million in MATIC and AVAX tokens transfers

Bankrupt cryptocurrency exchange FTX has completed nearly $36 million in token transfers. According to Lookonchain, the transactions involved Polygon (MATIC) and Avalanche (AVAX). Interestingly, these transfers correspond to FTX’s ongoing settlement negotiations with the US Department of Justice (DOJ), which total $4.3 billion. The MATIC transfer was divided into two sections. One portion, worth approximately $7.45 million in MATIC tokens, was sent to Binance via FalconX. Concurrently, another segment containing 12.6 million MATIC tokens worth approximately $9.6 million was transferred to Coinbase. Additionally, FTX transferred approximately $19.25 million in Avalanche tokens (AVAX) to Binance via FalconX. While FTX has been

Binance's $4.3 Billion Settlement Seen as a Positive Shift for Crypto, Says JPMorgan
6 months ago 1 min read

Binance’s $4.3 Billion Settlement is a Positive Shift for Crypto, Says JPMorgan

Binance, the world’s largest cryptocurrency exchange, has reached a $4.3 billion settlement with US regulators, bringing a lengthy legal battle to an end. This resolution, according to JPMorgan analysts led by Nikolaos Panigirtzoglou, is a positive sign for the entire cryptocurrency sector, providing clarity and reducing uncertainty for Binance and its investors. The settlement, which addresses allegations of anti-money laundering and violations of US sanctions, allows Binance to move forward with greater confidence. The potential risks associated with the exchange’s legal issues have been mitigated, preventing wider ramifications from its demise. As part of the agreement, Binance co-founder Changpeng Zhao

HTX and Heco Chain Exploited in Heist
6 months ago 1 min read

HTX and Heco Chain Hacked, Resulting in $97 Million Theft

Cryptocurrency exchanges HTX and Heco Chain, both associated with Justin Sun, were hacked, resulting in a staggering $97 million loss. Justin Sun assured users that HTX would compensate them for any losses incurred as a result of the breach. All deposits and withdrawals on the platforms are currently suspended while investigations into the root cause of the security breach continue. “We’re actively investigating the hack,” Sun said in a statement, “and once we identify the cause, we will resume our services.” A blockchain security firm discovered $85 million in suspicious transactions linked to the hack, indicating a breach of the

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