Mt. Gox was once a major cryptocurrency exchange that collapsed in 2014 after a massive security breach led to the loss of 850,000 Bitcoin.
The attack is being associated with the Inferno Drainer group, who are known for using a sophisticated wallet kit that tricks users into signing transactions that transfer their digital assets to the attackers.
Launched less than four months ago, BUIDL now holds $502.8 million worth of tokenised Treasurys.
Shiba Inu ($SHIB) has managed to maintain its position as the top memecoin in the Ethereum ecosystem, despite the emergence of new similar projects.
blockchain, Cryptocurrency
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Following the incident, the price of $ADA saw a slight increase of 0.4% over the past 24 hours, trading at $0.39 during Asian morning hours.
Investors appear increasingly willing to engage with Bitcoin through a regulated, traditional financial product. This reflected a shift in how digital assets are perceived in the broader financial landscape.
RLUSD will be a 1:1 USD-backed stablecoin, offering “transparency and stability on the XRP Ledger and Ethereum”.
Slated for release in the first quarter of 2025, Pectra is positioned to be one of Ethereum’s most comprehensive upgrades to date.
Dogecoin remains a significant player in the cryptocurrency market, with a fully diluted valuation of about $23 billion and a daily average traded volume of around $1 billion.
