Ether Targets $3.7K Amid $1.3B Whale Sell-Off
Market analysts say that despite millions of selling pressures, Ether is forming a breakout to above $3,700 due to an emerging bull flag. Despite significant sell-offs from early investors amounting to millions, leading industry analysts suggest Ether (ETH) is positioned for a potential price breakout. A long-dormant whale holding substantial Ether holdings has reentered the […]
MARA Holdings Secures $1B To Buy More Bitcoin
Bitcoin miner MARA Holdings has completed its $1 billion private offering, with some of the profits slated to be used to buy more BTC. Bitcoin mining company Marathon Digital Holdings (MARA) has raised nearly $1 billion by selling convertible notes. The company plans to use part of the proceeds to purchase additional Bitcoin (BTC), though the […]
South Korean Police Link Lazarus Group to $342M ETH Upbit Hack
South Korean police confirm that the North Korean hackers Lazarus group and Andariel were responsible for the 342,000 ETH theft from Upbit in 2019. South Korean authorities have officially confirmed that the North Korean hacker groups Lazarus and Andariel were responsible for the 2019 theft of 342,000 Ethereum (ETH) from Upbit, the country’s largest cryptocurrency […]
SEC Reiterates “Digital Assets Securities” As XRP Eyes $2
Ripple SEC Lawsuit: Regulator defies US court and hints at “digital assets securities” charges as XRP looks to rise to $2 The U.S. Securities and Exchange Commission (SEC) has signaled its intent to continue pursuing cases involving “digital asset securities,” even as the appeal in the Ripple lawsuit progresses in the Second Circuit Court. This […]
Sui Network Back Up After 2-Hour Outage, Price Drops
The Sui Network outage has compelled the team to explore the situation, as validators can no longer validate transactions. The decentralized Layer-1 blockchain Sui Network recently experienced significant downtime, with no blocks produced for several hours. Data from Suivision confirmed a “major outage,” as some validators encountered issues approving transactions. SUI’s price dropped by 10% […]