The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.
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According to the on-chain sleuth, CAT memecoin creators hacked crypto influencer GCR to manipulate some coin prices.
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Worldwide, Bitcoin ETFs now manage more than 1 million BTC of the total cryptocurrency supply, almost totaling 5%. This milestone, taken from bold.report on May 23, demonstrates increasing investor confidence in crypto as an asset class. In the lead are Grayscale with its GBTC and BlackRock’s IBIT, which have 293,000 BTC and 284,526 BTC under management, respectively—an outcome built in a stable manner by the former.
BTCetc from Germany and Sweden’s One have under management significant amounts, which showcases how international interest continues to be strong and closer to 55 thousand BTC, hinting at robust European market activity. Currently, Brazil’s HASH11 shows the growing market representation in Latin America, with more than 7,900 BTC under its management. The recent crypto in Hong Kong ones is relatively modest since, at the moment, only 5,789 BTC are under management. Meanwhile, emerging market exposure in Bitcoin ETFs continues to drive the crypto industry, increasing mainstream finance opportunities.
Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market.
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BIGCAP COINS:
- Pepe: Market Cap of $7.0 Billion.
- Bitcoin: Market Cap of $1.3 Trillion.
- Ethereum: Market Cap of $447 Billion.
MIDCAP COINS:
- Notcoin: Market Cap of $727 Million.
- JasmyCoin: Market Cap of $1.2 Billion.
- Ondo: Market Cap of $1.5 Billion.
RISING COINS:
- MAGA: Market Cap of $242 Million.
- Mog Coin: Market Cap of $600 Million.
- FLOKI: Market Cap of $2.6 Billion.
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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Ronin network jumped to second place for daily active users after Pixels launched — but data suggests bots and airdrops are a big factor.
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Ether price could be on track to new all-time highs, provided it can close the week above the $4,000 mark.
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A permit phishing attack appears to have siphoned 1,807 liquid staked Ether from the victim’s wallet address.
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A crypto whale invested $24.7 million in Ethereum-based altcoins after the SEC approved a spot Ethereum ETH/USD ETF.
What Happened: The whale began accumulating altcoins like Lido LDO/USD, Uniswap UNI/USD, Aave AAVE/USD, Ethereum Name Service ENS/USD, and Fraxshare FXS/USD shortly after the approval, Daily Hodl reported on Monday. This move followed a previous purchase of 8,733 ETH at $3,054.56, resulting in an unrealized profit of approximately $6 million.
After the SEC’s approval, the whale deposited 19.75 million USDT to Binance and withdrew significant amounts of LDO, UNI, AAVE, ENS, and FXS, totaling $24.7 million. This resulted in an unrealized profit of around $1.1 million.
Another…
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A decade has passed since the infamous hack of major exchange Mt. Gox. The exchange’s subsequent collapse lost 7% of all bitcoin at the time — the equivalent of approximately 45 billion dollars today. It was one of the first events to threaten the very existence of the crypto ecosystem, but certainly not the last.
The industry hasn’t learnt from this catastrophe — rather quite the opposite.
We’ve seen plenty more similar incidents in recent years. In 2023 alone, the industry suffered losses exceeding $1.8 billion due to hacks. Large platforms like Binance have given in to pressure from institutional players when it comes to holding assets with independent custodians, but not…
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