Ethereum Encounters Price Tumble Following Ethereum Foundation’s Partial Liquidation
Ethereum’s price dipped 2.9% to $1,577 following the Ethereum Foundation’s sale of 1,700 ETH for USDC, stirring market sentiment and speculations. Key Takeaways In a scenario where every movement in the crypto sphere is meticulously observed, Ethereum (ETH) finds itself under the spotlight following a marked 2.9% decrement in its price, now sitting at $1,577 according to CoinMarketCap. This noticeable …
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HTX Triumphs in Securing $8M ETH Recovery After Sizable Hack
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Antwan Koss
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October 9, 2023
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news, Ethereum
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ETH, Hack, HTX
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0 Comments
Centralized exchange HTX recovers $8 million in Ethereum (ETH) after a hacking incident, with hacker returning assets for a 250 ETH bounty, emphasizing customer security. Key Takeaways In a noteworthy recuperation, centralized cryptocurrency exchange HTX, once identified as Huobi Global, has successfully recovered a staggering $8 million in Ethereum (ETH) following a potentially disastrous hacking incident. The event, transpiring in …
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5 Altcoins to Watch in October 2023
In the upcoming month, five altcoins have been highlighted (Ethereum, Flare, Optimism, Hedera, and Radiant) that could potentially make noticeable movements in October 2023. Here’s a brief on the potential catalysts and price actions for each: Ethereum (ETH) The DeBank Announcement is happening! Grab your piece of the pie. All are welcome.#bitcoin #ethereum #btc #eth #altcoin $rune $ftm #pepe2 $enj …
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FTX Hack Comes Back to Haunt as 5,000 ETH Moves Amid Anticipation of Ethereum Event
The infamous FTX hacker activates their account, transferring 5,000 ETH, raising concerns of market impact amidst Ethereum ETF anticipation and a potential government shutdown. Key Takeaways In a gripping development, the hacker behind the infamous FTX exploit has shown activity after nearly a year, moving around 5,000 ETH. The movement comes as the crypto market keenly anticipates the launch of …
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Ethereum ICO Whale Reawakens After 8 Years of Dormancy, Moves $116 Million
An ancient Ether wallet, dormant for eight years, suddenly transfers $116 million worth of pre-mined ETH to Kraken exchange, sparking intrigue and speculation. Key Points An extremely old Ether wallet that had been dormant for eight years suddenly came back to life, transferring pre-mined ETH worth $116 million to a Kraken wallet address. These tokens were accumulated during a sale …
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Ethereum Launches Financial Assistance Program for Devconnect Istanbul Scholars
Circle Internet Financial Ltd. is expanding into Asia’s cryptocurrency markets, focusing on Hong Kong, and closely monitoring its evolving crypto regulations to establish itself as a digital asset hub. Key Points Ethereum, the leading blockchain-based software platform, has announced the launch of the Devconnect Istanbul Scholars Program. This program aims to provide financial assistance to geographically and demographically marginalized individuals …
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Huge Bitcoin and Ethereum Shorts Liquidated for Over $100M Within Hours
Important Points The world of cryptocurrency experienced a tumultuous Tuesday as traders scrambled to cover their shorts amidst a surge in bullish sentiment towards Bitcoin and Ethereum. In just a matter of hours, over $127.98 million in shorts were liquidated, sending shockwaves through the market. As the dust settles and the market begins to stabilize, experts continue to debate the …
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Singapore Regulators to Develop Guidelines for Banks on Screening Crypto Clients
According to Bloomberg, Singapore regulators are working with police to develop uniform guidelines for banks to aid in screening potential crypto clients. The guidelines aim to help banks optimize their procedures for vetting potential crypto clients who want to open accounts. The Monetary Authority of Singapore (MAS) and police have been working with lenders in the city-state to establish uniform …
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Nasdaq to Offer Revolutionary Custody Services for Bitcoin and Ethereum
The global stock exchange operator Nasdaq is set to launch its crypto custody services by the end of June 2023. The move signifies an increasing interest in the cryptocurrency industry by institutional investors despite widespread regulatory uncertainty and suspicion of cryptocurrencies in some countries. Nasdaq has applied to the New York State Department of Financial Services for a limited-purpose trust …
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Ethereum’s Role in Promoting Transparency and Accountability in Supply Chains
Supply chains are the backbone of any business, ensuring that products and services are delivered to the end customer efficiently and effectively. However, the complexity of global supply chains often results in opaque and fragmented systems that lack transparency, making it challenging for stakeholders to track and verify the movement of goods and services. Fortunately, blockchain technology, and specifically Ethereum, …
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