📣 WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH 📣 Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen. 😈 The hacker behind the $235 million exploit of cryptocurrency exchange WazirX has converted nearly $150 million of altcoins to Ether — a move likely to avoid getting funds frozen or blacklisted. The mass conversion of funds to Ether across July 18-19 included $90.2 million worth of Shiba Inu, $10.2 million in Polygon and nearly $7.5 million in Pepe (PEPE), according to blockchain analytics firm Spot On Chain. 💸 The transfers have now brought the total amount of stolen funds sitting in Ether to $201 million, up from $52 million initially. #ETH_ETF_Approval_23July #ETHETFsApproved #ethbeta #ETH🔥🔥🔥🔥 #EtheruemETF $ETH
Total ETH reserves on centralized crypto exchanges continue to decline and are already at this year's lows — DropsTab. && Ultrabullish! The launch of ETH ETF trading is getting closer!
#BTC Main 13.07.2024📊 $BTC : $ 57,900 $ETH : $ 3,100 BITCOIN DOMINANCE 54.37% TOTAL MARKET CAP $ 2.10 Crypto Fear & Greed Index: 25 📊The trading week ended quite well, and on Saturday, we were surprised to see the growth of the altcoin market, which grew from 5% to 10%. This is a very positive development. Will we really see normal volatility this weekend? #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date t#BinanceTurns7 #SOFR_Spike #VanEck_SOL_ETFS
Ripple CEO Brad Garlinghouse has once again lambasted U.S. Securities and Exchange Commission Chair Gary Gensler, calling him "the Luddite of his time.
Garlinghouse compared the SEC boss to the members of a popular anti-industry movement that emerged in the early 19th century. Its members were fighting against various types of machinery in Yorkshire and Lancashire.
They argued that machines were being used in order to unfairly reduce wages. The Luddites would go to extreme lengths to oppose industrialization, resorting to machine braking and aggression.
The term continues to be used in various discourses to refer to people who oppose innovation. "Neo-Luddism," a modern version of the term, is a movement of people who show resistance to modern technologies. Genser, despite teaching about blockchain at MIT, has faced severe criticism for attempting to stifle innovation with his aggressive anti-crypto policies.
The Ripple boss repeatedly stressed that the US could fall behind other countries when it comes to cryptocurrency advancements.
Bitcoin Steady at $58.5K as German State Saxony Moves Over $600M in BTC
BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours.
The wallet associated with the German Federal Criminal Police Office (BKA) moved 5,103.5 BTC during the European hours, according to Arkham Intelligence.
BTC held largely steady amid Germany's continued divestment of coins.
Bitcoin (BTC) holds steady at around $58,500 amid German state Saxony's fresh movement of coins on-chain, having failed to keep gains above $59,000 during the Asian hours.
At press time, the leading cryptocurrency by market value traded at $58,470, down 1.6% from the high of $59,450 reached at 1:06 UTC
Per Arkham Intelligence, so far today, the German Federal Criminal Police Office (BKA) has moved over 10,853 BTC worth $637 million, to exchanges Kraken and Coinbase and market makers like Cumberland and Flow Traders, continuing its proactive approach of liquidating BTC seized from a privacy website.
MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum
There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.
Arbitrage opportunities exist in traditional finance and in crypto, but in the latter they are more pronounced due to the visibility of pending transactions and slow settlement times.
Although less prominent than on Ethereum, MEV on Bitcoin is emerging through practices like "sniping" Ordinal inscriptions, mining empty blocks, and miner cartelization.
MEV emerging on Bitcoin could lead to pressure from the market for mempools to “go private” which would undermine the cryptocurrency's founding tenets. $BTC $ETH #BTC☀ #btcupdates2024 #etherreum #ETH🔥🔥🔥🔥 #newsdaily
Will the Book of Memecoin go up? $BOME According to our current BOOK OF MEME price prediction, the price of BOOK OF MEME is predicted to rise by 227.95% and reach $ 0.02787 by August 2, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 44 (Fear). #bomesignal #BOMEUpdate #BOMEToken #BOME_TeamOfDevelopersGiveaway #ETH_ETFs_Approval_Predictions
🚨 Over $1 billion stolen in Q2 2024, with only 24% recovered. Centralized exchanges are becoming prime targets. What does this mean for the future of crypto? #security #web3_binance #blockchaintechnolo $BTC $ETH $BNB
🔵Global crypto market cap: $2.12T, up by 0.56% in the last day. 🔵Total crypto market volume: $77.9B, down by 5.02% in the last 24 hours. 🔵DeFi volume: $5.07B, 6.54% of total crypto market volume. 🔵Stablecoin volume: $72.59B, 93.59% of total crypto market volume. 🔵Bitcoin dominance: 53.52%, up by 0.03% over the day. #marketcap #Market_Update #DEFİ #Bitcoin❗ #BEARISH📉 $BTC $ETH $SOL
$SHIB #ShibaInu continues its remarkable journey towards mainstream adoption, taking flight in the travel industry as #shiba⚡ is now accepted as a form of payment by the international travel agency Block.Travel. CryptoNews #crypto #CryptocurrencyPredictions #SHIB، #Shibalnu $HIGH $MATIC
RENUSDT🔥 --------------- ⏰Time Frame: 12 Hr #REN, The bullish triangle pattern is done successfully✅👉. It take a bullish turn from the major support zone➡️✅. We are expecting 66% move soon.📈👀 Crypto Analyst Hub #RenBTC #Signal. #CryptoNewss $BTC $BNB $SOL $DOGE $REN #BinanceTournament #FutureTarding {spot}(DOGEUSDT)
$SHIB Best community cooking 24/7 is @kaikeneth the last inu to become alive from the 6 🇯🇵 narrative and here to stay forever and be at where we have to be #BILLIONS🌟 on #ETH🔥🔥🔥🔥 this #Memecoins__ season we will go parabolic top 15 cex listing done and way more to come 😉hop in #BullRunAhead #bullrun2024📈📈 $BTC $ETH