Experts have restored access to a crypto wallet with $3 million worth of bitcoins
Experts helped the investor recover the password to the crypto wallet on which 43.6 BTC was stored.
A man created a crypto wallet in 2013 and generated a 20-digit password using the RoboForm application. He kept the password encrypted, but when the file became corrupted, he lost access to the assets.
Almost 10 years after the incident, the investor turned to hacker Joe Grand for help, who discovered a vulnerability in RoboForm and guessed the password to the crypto wallet, restoring access to $3 million.
A trader earned $650,000 in 5 hours with an investment of $861 thanks to memcoin
The user increased his investment by 762 times in about five hours, turning $861 into $650,000 by trading MOTHER memcoin on the Solana network.
He spent 5.14 SOL ($861 at the time) to purchase 86.55 million MOTHER, which was 8.66% of the total token supply. About five hours later, the trader sold 80.41 million MOTHER for 3,035.5 SOL, which is valued at $509,000.
At the time of writing, he still has 6.14 million MOTHER left, worth about $148,000.
Lookonchain noted that the trader is most likely not an insider, since before purchasing the MOTHER token, he traded almost 700 coins and suffered losses. His percentage of winning trades was less than 25%.
An unknown investor made more than $1.24 million in three and a half years by investing in the Shiba Inu memcoin (SHIB).
On February 1, 2021, he spent 2 ETH ($2,625 at the time) to buy 49.08 billion SHIB. Yesterday he sold SHIB for 278.7 ETH ($1.23 million), earning 419x from the position.
The market is in the red today, most alts are red. BTC is currently trading around $67,800, ETH is trading around $3,840. Bitcoin dominance: 53.86%; Fear
### What is the Pre-Market in the Cryptocurrency Market?
Trading in traditional financial markets has several limitations that are absent in the blockchain industry, particularly regarding operating hours. Traditional exchanges have fixed schedules, limiting traders' opportunities. To address this, platforms introduced pre-market trading, allowing trades between sessions. This concept also exists in the blockchain market but focuses on preliminary trading of not-yet-issued tokens.
The cryptocurrency pre-market involves off-exchange deals trading announced but not-yet-released tokens. It operates on a P2P system where buyers and sellers lock assets as guarantees. On the issuance day, the seller transfers the token to the buyer, triggering payment and deposit returns. If the deal fails, the platform compensates the buyer with the seller's deposit.
Unlike spot markets, pre-market trading starts post-announcement and ends before or at the TGE (Token Generation Event). The decentralized protocol Whales Market and exchanges like Bybit and KuCoin support this trading type.
Pre-market trading offers opportunities to buy tokens cheaper than post-listing prices but comes with risks of overpaying. Sellers may benefit from low pre-market prices. This trading can help gauge an asset's spot market value despite low liquidity. It's also useful for airdrop hunters and sale participants to secure post-TGE profits or await exchange listings.
The pre-market is a new tool for P2P deals with announced tokens, offering potential but requiring risk consideration. It provides new trading opportunities in the cryptocurrency market.
The market is currently moving sideways. Some altcoins are in the green, while others are in the red. Bitcoin (BTC) is trading around $69,100, and Ethereum (ETH) is trading around $3,770.
**Market Status:** - The market is currently in a sideways trend. Some altcoins are in the green, while others are in the red. - **Bitcoin (BTC):** Trading around $69,900 - **Ethereum (ETH):** Trading around $3,750
The market is currently trading sideways, with some altcoins in the green and others in the red. BTC is currently trading around $67,100, while ETH is trading around $3,120.
- Bitcoin Dominance: 55.8% - Fear and Greed Index: 70 (Greed) - Altseason Index: 39 - Market Capitalization: $2.36 trillion
The market is in a sideways trend today, with some altcoins in the green and some in the red. BTC is currently trading around $67,100, and ETH is trading around $3,120.
Bitcoin Dominance: 55.8% Fear and Greed Index: 72 (Greed) Altseason Index: 37 Market Capitalization: $2.36 trillion
Morning state of the market The market is in the positive today, most of the violas are green. BTC trades around $65,800, ETH trades around $3,000. Bitcoin dominance: 55.92%; Index of fear and greed: 70 (greed); Alt-season index: 43; Market capitalization: $2.32 trillion.
The market is in positive territory today, with most altcoins showing gains. Bitcoin (BTC) is trading around $62,600, while Ethereum (ETH) is trading near $2,940.
FTX Exchange has extended the deadline for clients to file claims, informing them via email. Previously set for May 15, 2024, the new deadline is expected to be in late July or early August, allowing clients at least 10-12 additional weeks. FTX also mentioned that clients can participate in legal proceedings in the Bahamas or the United States, or both simultaneously.
The market is currently in the red, with most altcoins down. BTC is trading around $60,900, while ETH is around $2,880. Bitcoin dominance stands at 55.18%, Fear and Greed Index is at 57 (Greed), Altseason Index at 41, and the market capitalization is at $2.17 trillion. We have prepared a summary of the past week for you in both text and video formats.