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🧙♂️The amount of
#Bitcoin
on exchanges dropped to 1.7 million, an all-time low.
$BTC
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Crypto attack on CoinStats: Wallets are in danger. Cryptocurrency portfolio manager CoinStats stated to users that the security breach has been mitigated and that there will be system updates over time. Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach affecting 1,590 crypto wallets. “The attack has been mitigated and we have temporarily shut down the app to isolate the security incident,” CoinStats wrote in a June 22 X post. “Thanks to the CoinStats team's immediate response to the incident, only 1.3 percent of all CoinStats Wallets were affected, i.e. a total of 1,590 wallets,” he added, claiming that “none of the connected wallets and CEXs were affected.” CoinStats did not disclose the extent to which wallets were affected by the security breach, but promised to provide “updates as soon as they become available.” The company states on its website that users' assets remain completely safe under all circumstances, as it requires “read-only access” to connected crypto wallets. The platform offers users the ability to connect all their crypto wallets and use it as an overall portfolio tracker, allowing them to view all their wallets in one place. Coinstats published a Google document listing all currently affected crypto wallets. It was stated that the list "may change" as the investigation progresses, but no significant changes are expected. “If your wallet address is on this affected list, please move your funds immediately using your exported private key,” he said. But community members warned victims on the list to be wary of scammers who may reach out pretending to offer help with the situation. “Scammers are smart. If your plugin is on this list, or if you have used coinstats and posted about it, scammers may be trying to reach you to “help” you. Trust no one,” wrote crypto commentator PPman.
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Binance CEO spoke for BtcTurk: Here are the latest developments. Binance CEO Richard Teng made statements about the local cryptocurrency exchange BtcTurk, which was cyber-attacked on June 22. Teng stated that they are active in investigating the attack. #Binance CEO stated that they froze over 5.3 million dollars of crypto assets from the stolen funds in his post on his did. Local cryptocurrency exchange BtcTurk made new statements on its official page this morning following the attack that took place yesterday. Stating that the work on the attack continues, the authorities announced that withdrawals in ERC-20 cryptocurrencies have restarted. The following statements were included in the announcement made at 08.06: Our work on the cyber attack we previously announced is continuing within the Company and together with relevant stakeholders. Deposit and withdrawal operations of all ERC20 cryptocurrencies from the #ERC20 network have been opened. Cryptocurrency deposit and withdrawal transactions that have been subjected to cyber attacks will be opened gradually once the detailed work of our cyber security teams is completed. $BTC $ETH
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Bitcoin Poised for Potential Recovery in Market Recession, Key Support Levels Critical for TON Coin. Bitcoin has experienced significant market movements since mid-June, especially in the spot Bitcoin ETF space. Financial expert Willy Woo attributes the current difficulties to the exclusion of small miners after the halving. Woo predicts a recovery in Bitcoin's hash rate and market price following the current miner sales and equipment closures. Importantly, although Bitcoin lost the $64,602 support level, it did not decline further due to buying from the lower levels. If Bitcoin regains its moving averages, the bulls could guide the price towards $70,000, in which case it could also break the resistance range between $72,000 and $73,777. Alternatively, a drop to $60,000 could negatively impact altcoins, but the failure of the bears to close below $63,379 remains a positive sign. Due to Pantera Capital's increasing investments, TON Coin attracted the attention of investors. The key resistance level at $7.67 must be overcome for prices to target $8.29. However, a drop below $6.6 could trigger a head-and-shoulders formation, indicating that prices could drop to $4.91. The four-hour market chart shows that the bears have failed to push prices below the uptrend line, which is a strong resistance. Although intense selling pressure between $7.67 and $8.29 prevents reaching the $10 level, there is also a risk that the price will drop to $6.6. In summary, the cryptocurrency market entered a pause period over the weekend, but signs of recovery are appearing. Closely monitoring key support and resistance levels in both #Bitcoin and #TON Coin is critical to making informed investment decisions.
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That memecoin fell 90 percent on live broadcast: Everyone was shocked! The founder of popular memecoin Rizz faced backlash after the coin dropped 90 percent during a livestream on X. Bubblemaps CEO Nicolas Vaiman attended the broadcast before the crash and was aware of what was going on. Bubblemaps published a thread describing the events at X under the aptly worded title "this space was wild." According to the Bubblemaps thread, memecoin RIZZ was launched on the Solana platform last week. The team invited the founder to Space on X to introduce the token live. But as Bubblemaps points out, things took a turn for the worse. Cointelegraph reached out to Bubblemaps CEO Nicolas Vaiman, who told us that he was not initially invited to Space and joined unexpectedly. According to him, the founder got emotional during the event. Vaiman said this about the incident: “When the price dropped, Rizz's founder seemed emotional and I felt uncomfortable asking questions. “At one point I even thought he might be crying.” Vaiman also says a source claimed Rizz founder “Rick” wasn’t “really responsible.” With this incident in RIZZ, trust in memecoins decreased. The memecoin market, especially where celebrities have flocked recently, is facing great dangers. The easy production of these cryptocurrencies has increased the number of rug pull cases. The next course of memecoins, which have been absorbing the market for a while, is eagerly awaited.
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Cryptocurrency market overview | June 23 🟢 #MarketCap : $2.35trillion (+0.48%) 🔴 #BTCdominance : 53.98% (-0.22%) ⚡️ Fear and Greed Index: 55 (greed)
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