Ethereum (ETH) Price Analysis: Will it Reach $2550?
Ethereum (ETH) has successfully broken through a crucial resistance area and turned it into a support level, signaling a potential for renewed highs this year. Co-founded by the renowned crypto expert, Vitalik Buterin, ETH is the native token of the Ethereum blockchain. The migration of the pr ...
Decentralized Crypto Exchange Safemoon Hacked for $9 Million
BNB Chain-based decentralized cryptocurrency exchange Safemoon was hacked, resulting in the withdrawal of about $9 million from its liquidity pool. , adding that he is taking immediate action to resolve the problem. According to the BscScan service, almost $9 million worth of crypto assets were w ...
Hacker Returns Stolen Funds from DeFi Protocol Euler Finance
The DeFi protocol Euler Finance has experienced an unexpected twist in the history of its hacker attack. The hacker responsible for the breach has issued an apology and promised to return all the stolen funds. In a message added to the transaction, the hacker wrote, "I screwed up. I didn't want t ...
Bitcoin’s Long-Term Outlook is Bullish Despite Uncertainty in Short-Term Trends
Long-term timeframes for Bitcoin (BTC) are showing a number of bullish signals, but the direction of the shorter-term trend is still unclear Recent data from the US Federal Reserve showed that between March 8 and 15, the rate of bank deposits in the US fell significantly amid concerns about the t ...
Shiba Inu Price Analysis: Will SHIB Breakout from Resistance?
Despite breaking through the resistance line, Shiba Inu (SHIB) failed to maintain this breakout and establish growth. Technical analysis of the weekly chart revealed that SHIB broke through the descending resistance line in January and reached a yearly high of $0.0000157 by the end of the month. ...
MATIC Technical Analysis: The Fate of Polygon’s Long-term Trend Hangs in the Balance
Polygon (MATIC) is currently trading at a critical level, which may determine its long-term trend. As the native token of the popular Polygon network, MATIC helps to reduce transaction costs and speed up transactions using sidechains. These sidechains operate independently but are connected to th ...
Ripple (XRP) Price Analysis: Will the Whales’ Selling Trigger a Correction?
XRP, also known as Ripple, has surpassed the $0.45 mark for the first time since November 2022. Despite the bullish sentiment, on-chain analysis indicates that the market's whales are poised to unload their holdings. It remains to be seen how much XRP will decline in the following weeks. As the p ...
Founder of Titanium Blockchain Crypto Scam Receives 4-Year Prison Sentence
A founder of a fraudulent cryptocurrency project called Titanium Blockchain has been sentenced to 4 years in prison by a US court after his clients lost $21 million. Michael Stolleri launched the Titanium Blockchain Infrastructure Services (TBIS) project in 2017 and conducted an initial coin offe ...
General Bytes Announces Refund Plan for Victims of Crypto ATM Hack
General Bytes, a manufacturer of crypto ATMs, has recently announced that they are prepared to reimburse users who were affected by the recent security breach. This breach occurred when hackers were able to gain access to customers' hot wallets by downloading malicious Java applications onto cryp ...
Thorchain Suspended Due to Potential Vulnerability
Thorchain, the decentralized protocol that enables cross-chain trading of cryptocurrencies, has recently been temporarily suspended due to a potential vulnerability. This development followed reports on social media of a credible threat to the Thorchain Nine Realms platform and the THORsec securi ...