The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.
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The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties.
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The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.
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The cryptocurrency market has experienced a significant pullback from its all-time highs (ATHs), impacting a wide range of digital assets. Bitcoin (BTC) currently trades at $63,433.97, reflecting a -14.2% dip from its ATH of $73,737.94. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has also seen a considerable drop to $3,080.40, which is -37.0% below its peak.
Among the altcoins, Binance Coin (BNB) is down -14.5% from its highest point, while Cardano (ADA) and Ripple (XRP) have seen more dramatic drops of -85.3% and -84.4%, respectively. Dogecoin (DOGE), which garnered attention from social media, now stands -78.6% below its ATH.
Solana (SOL) and Polkadot (DOT) have also faced declines, with SOL down -41.2% and DOT decreasing by -87.0%.
Polygon (MATIC) has experienced a steep decline of -75.1% from its all-time high, signaling a major correction in the market. Likewise, Toncoin (TON) has dropped -22.7%, showcasing the broad impact of the market downturn.
These figures highlight the inherent volatility in the cryptocurrency market, illustrating that both longstanding and newer cryptocurrencies can face rapid and significant changes in value.
Disclaimer: Market capitalizations and data 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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Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 today.
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Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.
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A little under a year ago, I announced on Twitter the idea of the Bitcoin Script Project. To say it was well received would be an understatement. Bitcoiners were craving something they could hang onto in the middle of the bear. Glimmers of hope were on the horizon and I intended to magnify those and hopefully rally the industry around a new technological narrative. Unfortunately, life had other plans and, to make a long story short, I quickly realized I bit off more than I could chew at the time.
The Bitcoin Script Project never saw the light of the day. At best, it was a short-lived social awareness campaign. It seeded some ideas and moved the conversation forward. At the very least,…
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The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.
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BIGCAP COINS:
- Pepe: Market Cap of $3.5 Billion.
- Bitcoin: Market Cap of $1.2 Trillion.
- Render: Market Cap of $3.8 Billion.
MIDCAP COINS:
- Voxies: Market Cap of $40.7 Million.
- Aevo: Market Cap of $152 Million.
- Hooked Protocol: Market Cap of $134 Million.
RISING COINS:
- Three Protocol Token: Market Cap of $33.4 Million.
- Grok: Market Cap of $80.6 Million.
- Fofar: Market Cap of $3.4 Million.
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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The Grayscale Bitcoin Trust (GBTC) converted to an ETF nearly four months ago.
It took that long for the fund to see its first day of net inflows.
That unprecedented event occurred on Friday, when GBTC saw $63 million in net money enter the ETF, according to Farside Investors data.
Read more: Why tracking bitcoin ETF flows matters. And why it doesn’t.
GBTC had suffered net outflows for 78 days before that — piling up to equal $17.4 billion.
Just don’t expect the GBTC inflows to become a regular thing, one segment observer says.
“It’s difficult to discern what might be behind the flows into GBTC,” said Nate Geraci, president of The ETF Store. “ETF buyers are an…
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