Hackers hacked PlayDapp gaming platform and withdrew assets worth $31 million
Experts from PeckShield have recently uncovered a shocking incident involving the unauthorized minting of 200 million PLA tokens, equivalent to approximately $31 million, on the PlayDapp gaming blockchain platform. It appears that the perpetrators were able to exploit a ...
Vitalik Buterin proposed a way to combat deepfakes
Ethereum co-founder Vitalik Buterin has proposed an innovative solution to combat the increasing threat of deepfakes in digital communications. Deepfakes, which are convincing fake audio and video generated by artificial intelligence (AI), pose risks when verifying identities du ...
Polygon (MATIC), Solana (SOL), Monero (XMR): technical analysis
Polygon (MATIC) MATIC is facing challenges in its recovery above $0.85. Moreover, the MATIC/USD rate has experienced a 20% decline since reaching its peak of $1.1 on January 11. If the token fails to surpass the $0.85 barrier in the short term, it could lead to a decline with a targ ...
Crypto exchange Kraken received a license to operate in the Netherlands
In an exciting development, the renowned American cryptocurrency exchange Kraken has recently obtained a virtual asset service provider (VASP) license from the Dutch Central Bank (DNB), marking an important milestone for the company.With this license, Kraken will now be ...
Coingecko: Bitcoin is growing and rapidly approaching the resistance line
The leading cryptocurrency by market capitalization is approaching the critical resistance level of $48,000, signaling the potential for a significant liquidation event and subsequent rebound, as per Coingecko's data analysis. Bitcoin made a strong breakthrough on Frida ...
Hong Kong to begin anti-money laundering checks for over-the-counter crypto asset trading
The Financial Services and Treasury Board (FSTB) in Hong Kong has started seeking input from local authorities and market participants on its proposed legislation to regulate over-the-counter trading of virtual assets.The FSTB aims to enhance control over virtual asset ...
Shiba Inu (SHIB) declines for the second month. Is a reversal possible?
Shiba Inu faces resistance at a key level The daily timeframe reveals that the value of the well-known memecoin has been fluctuating within an upward parallel channel since June 2023. Throughout this period, SHIB reached a peak of $0.0000120 (December 17). However, the token has sin ...
Why Polygon (MATIC) has a chance to find its footing
Polygon (MATIC) is currently trading above a key horizontal area that has been transitioning between support and resistance for nearly three years. Polygon is currently holding above the support level. On the weekly timeframe, it is evident that MATIC has remained above this long-te ...
What does a breakout of 450-day support mean for the Ripple (XRP) price?
Ripple has breached a significant long-term support level On the weekly timeframe, XRP broke out of a long-term ascending trendline last week. This trendline had previously provided price support for a span of 450 days. Last week marked the first time since its inception in October ...
Ethereum (ETH) has been consolidating for 60 days. Is the $3000 level reachable?
Currently, Ethereum (ETH) has been trading in a sideways range for 61 days. Let's analyze whether there is a possibility of a breakout. Ethereum faced significant resistance and failed to overcome it. On the weekly timeframe, ETH has been on an upward trajectory since June 2022. Dur ...