Top Cryptocurrency News for the Morning of October 7
⬛Bitcoin don start Monday with increase. Di cryptocurrency dey trade for $63,515. Di 24-hour low for Bitcoin na $61,833, and di high na $63,957. Di second-largest cryptocurrency by market capitalization, Ethereum, also don start di day with increase. Di coin dey trade for $2,499.
⚫Among di top 10 most capitalized cryptocurrencies, di best result over 24 hours na Solana (+4.05%). Over di past 24 hours and di week, all di coins, except stablecoins, don drop for price. Di worst result over di past seven days na XRP (-16.45%).
⚫Di U.S. government don file two lawsuits to seize more than $2.67 million in assets wey North Korean hacker group Lazarus steal. Di authorities wan recover about $1.7 million in Tether (USDT), wey dem steal during di hack of di Deribit crypto exchange for 2022, and $970,000 in wrapped bitcoins, wey dem steal during di attack on di Stake.com platform for 2023. Di group don dey suspect before say dem involve for di major hack of di WazirX exchange, wey lose $235 million for July 2024.
⚫A new Ethereum Improvement Proposal (EIP-7781) fit increase di ETH networks throughput by 50%. Di proposal na submit on October 5, 2024, by Illyriad Games co-founder Ben Adams. If dem approve am, network blocks go dey create every 8 seconds instead of 12, wey go also increase di capacity of blobs—a temporary data structure wey dey used to reduce fees on Layer 2 networks.
⚫Di restaking protocol EigenLayer don report say dem steal tokens wey worth $5.5 million. Di attacker intercept di token transfer and take dem. Some of di funds don already dey freeze by law enforcement agencies. According to EigenLayer, di attack happen because dem compromise email correspondence with one of di investors, wey lead to di mistaken transfer of 1,673,645 EIGEN tokens to di attackers address.
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