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#HackerNews Holograph, an omnichain tokenization protocol, has been exploited by malicious actors on Thursday, draining 1 billion native HLG token. The crypto fell nearly 80% in value, following the hack. In yet another staggering hack, perpetrators mined 1 billion HLG tokens and absconded with tokens worth $14.4 million. The platform posted on X that the team has “patched the initial exploit” and is working to freeze exploiters’ accounts.
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#bitcoin☀️ $BTC #HotCryptoTips Bitcoin has the potential to reach $1 million by 2033, with a projected cycle-high of $200,000 by 2025, according to analysts at Bernstein. The prediction comes as Bernstein initiated coverage of MicroStrategy, a software developer and the largest corporate holder of Bitcoin.
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$ETH Ether, the native cryptocurrency of the Ethereum network, has experienced a notable increase in long-term holder accumulation, coinciding with a 2% price drop over a 24-hour period. In a recent post on X, Julio Moreno, the head of research at CryptoQuant, highlighted the surge in Ethereum demand, stating that buying by permanent holders reached the second-highest level on record.
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World’s largest crypto exchange Binance got registered with the Financial Intelligence Unit in India (FIU-IND), months after nine offshore exchanges in India were blocked for not following local anti-money laundering regulations.
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Bitcoin Poised to Resume Rally: 4 Solid Stocks to Buy $67,240
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