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**DMM Bitcoin Hacked: $305 Million in BTC Stolen**
DMM Bitcoin, a Japanese crypto exchange, confirmed a hack resulting in the theft of 4,502.9 BTC (around $305 million). This is the eighth largest crypto theft in history, according to Elliptic.
The exchange detected the breach and has taken measures to stop further thefts and enhance security. They assured customers that all Bitcoin deposits will be fully guaranteed with support from their group companies.
This highlights ongoing security challenges in the crypto space, with $2 billion stolen last year, the lowest since 2020, according to De.Fi.
#Crypto #Bitcoin #Hack #DMMBitcoin #CyberSecurity #CryptoTheft #Blockchain #CryptoNews
DMM Bitcoin, a Japanese crypto exchange, confirmed a hack resulting in the theft of 4,502.9 BTC (around $305 million). This is the eighth largest crypto theft in history, according to Elliptic.
The exchange detected the breach and has taken measures to stop further thefts and enhance security. They assured customers that all Bitcoin deposits will be fully guaranteed with support from their group companies.
This highlights ongoing security challenges in the crypto space, with $2 billion stolen last year, the lowest since 2020, according to De.Fi.
#Crypto #Bitcoin #Hack #DMMBitcoin #CyberSecurity #CryptoTheft #Blockchain #CryptoNews
🚀 **Mastercard Launches "Crypto Credential" Service to Secure Crypto Payments**
Mastercard has introduced a new service called "Crypto Credential" to enhance the security of peer-to-peer crypto transactions. This service allows users to create a Mastercard username for sending and receiving Bitcoin and other cryptocurrencies through exchanges like Bit2Me, Lirium, and Mercado Bitcoin in Brazil, Argentina, France, and more.
Walter Pimenta, Mastercard’s EVP of Product and Engineering for Latin America and the Caribbean, highlighted the growing need for secure blockchain interactions. The service simplifies transactions by eliminating complex wallet addresses and notifies users if a recipient’s wallet is incompatible, preventing potential losses. It also protects against scammers using lookalike addresses.
Mastercard is taking a significant step towards safer and more reliable crypto transactions in Europe and Latin America! 🌎🔒
#Crypto #Blockchain #Mastercard #Bitcoin #CryptoSecurity #Fintech
Mastercard has introduced a new service called "Crypto Credential" to enhance the security of peer-to-peer crypto transactions. This service allows users to create a Mastercard username for sending and receiving Bitcoin and other cryptocurrencies through exchanges like Bit2Me, Lirium, and Mercado Bitcoin in Brazil, Argentina, France, and more.
Walter Pimenta, Mastercard’s EVP of Product and Engineering for Latin America and the Caribbean, highlighted the growing need for secure blockchain interactions. The service simplifies transactions by eliminating complex wallet addresses and notifies users if a recipient’s wallet is incompatible, preventing potential losses. It also protects against scammers using lookalike addresses.
Mastercard is taking a significant step towards safer and more reliable crypto transactions in Europe and Latin America! 🌎🔒
#Crypto #Blockchain #Mastercard #Bitcoin #CryptoSecurity #Fintech
**🚨 Market Update: BlackRock Surpasses Grayscale for Largest Spot Bitcoin ETF 🚨**
BlackRock’s IBIT has overtaken Grayscale’s GBTC to become the largest spot Bitcoin ETF in the U.S. A $102 million inflow on Tuesday pushed IBIT's holdings to nearly $20 billion, while GBTC saw $105 million in outflows, bringing its total to $19.7 billion. Since January, IBIT has attracted $16.5 billion, contrasting with $17 billion withdrawn from GBTC. BlackRock recently integrated IBIT into its income and bond-focused funds, further boosting its appeal amid a bullish crypto market.
#Bitcoin #ETF #CryptoNews #Binance
BlackRock’s IBIT has overtaken Grayscale’s GBTC to become the largest spot Bitcoin ETF in the U.S. A $102 million inflow on Tuesday pushed IBIT's holdings to nearly $20 billion, while GBTC saw $105 million in outflows, bringing its total to $19.7 billion. Since January, IBIT has attracted $16.5 billion, contrasting with $17 billion withdrawn from GBTC. BlackRock recently integrated IBIT into its income and bond-focused funds, further boosting its appeal amid a bullish crypto market.
#Bitcoin #ETF #CryptoNews #Binance
**🚨 Market Update: Mt. Gox Wallets Transfer $9B BTC 🚨**
Mt. Gox-linked wallets transferred 140,000 BTC ($9B), causing Bitcoin to drop to $67,680 after hitting $70,000 on Monday. This spooked markets, resulting in a 2.3% dip. All BTC is now in one wallet after 13 transactions, with the largest being $2.2B. Trustee Nobuaki Kobayashi assured no BTC or BCH sales occurred, ensuring secure asset management.
#Bitcoin #MtGox #BinanceNews #Binance
Mt. Gox-linked wallets transferred 140,000 BTC ($9B), causing Bitcoin to drop to $67,680 after hitting $70,000 on Monday. This spooked markets, resulting in a 2.3% dip. All BTC is now in one wallet after 13 transactions, with the largest being $2.2B. Trustee Nobuaki Kobayashi assured no BTC or BCH sales occurred, ensuring secure asset management.
#Bitcoin #MtGox #BinanceNews #Binance
**Solana Validators to Receive Full Priority Fees Following Successful Vote**
A recent governance vote has passed with 77% approval, granting Solana validators 100% of priority fees from transactions. This change aims to enhance network security and efficiency. Previously, priority fees were split between burning and validator rewards, leading to "side deals" with transaction submitters.
Under the new model, validators will receive all the priority fees, ensuring they remain focused on maintaining network safety and performance. This update is part of Solana Improvement Document number 96 (SIMD-0096) and has been implemented as "Reward full priority fee to validators #34731."
Following the vote, SOL has seen a 1.6% increase in the past 24 hours, trading at $166, according to CoinGecko.
#Solana #Crypto #Blockchain #Governance #SOL #Validators #FXStreet
A recent governance vote has passed with 77% approval, granting Solana validators 100% of priority fees from transactions. This change aims to enhance network security and efficiency. Previously, priority fees were split between burning and validator rewards, leading to "side deals" with transaction submitters.
Under the new model, validators will receive all the priority fees, ensuring they remain focused on maintaining network safety and performance. This update is part of Solana Improvement Document number 96 (SIMD-0096) and has been implemented as "Reward full priority fee to validators #34731."
Following the vote, SOL has seen a 1.6% increase in the past 24 hours, trading at $166, according to CoinGecko.
#Solana #Crypto #Blockchain #Governance #SOL #Validators #FXStreet