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“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message. The decentralized exchange KyberSwap has offer ed a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot return ed by 6 am UTC on Nov. 25. On Nov. 23, KyberSwap alerted users that its liquidity solution, KyberSwap Elastic, was compromised and advised them to withdraw funds. In the meantime, on Nov. 22, the hacker made away with roughly $20 million in Wrapped Ether (wETH), $7 million in wrapped Lido-staked Ether (wstETH) and $4 million in Arbitrum (ARB) tokens. The hacker then siphoned the loot across multiple chains, including Arbitrum, Optimism, Ethereum, Polygon and Base. KyberSwap hacker shared his openness to negotiate a compromise. Source: etherscan.io After hiding the stolen funds, the hacker wrote an on-chain message directed to KyberSwap developers, emplo...

Nov 24, 2023 at 08:15 // Price Author Coin Idol Binance (BNB) coin price falls but is trapped between moving average lines. Cryptocurrency price Analysis by Coinidol.com. BNB price long term prediction: bearish After reaching a high of $274 on November 21, Binance coin price fell below the moving average lines. The price has returned above the 50-day simple moving average but remains trapped between the moving average lines. The upward movement is currently encountering resistance at $240. On the negative side, if the altcoin declines and falls below the 50-...

On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of alt coins to leading exchanges. According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and Avalanche (AVAX) to top crypto exchanges Coinbase and Binance. “In the past 24 hours, FTX transferred a total of ~$36 million in assets to exchanges. Deposited 12.6 million MATIC ($9.4 million) to Coinbase. Deposited 10 million MATIC ($7.45 million) to Binance via FalconX. Deposited 975,859 AVAX ($19.25 million) to Binance via FalconX.” Polygon is trading for $0.78 at time of writing, up 5% in the last 24 hours. Meanwhile, Avalanche is trading for $21.09 at time of writing, up 4.2% in the last 24 hours. FTX’s transfers come among other bankruptcy decisions regarding the defunct platform’s digital asset holdings. Earlier this month, FTX asked a judge for permission to sell off $744 million worth of Grayscale and Bitwise assets...

"Huobi HTX has now properly handled this attack," the crypto exchange stated. Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. According to its official announcement, the exchange promised to "fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds." In addition, developers wrote, "the amount of funds lost by Huobi HTX this time accounts for a very small amount of the total funds of the platform," noting that the "normal operations" of HTX were not affected by the incident.  The day prior, Huobi suffered a $13.6 million hack to its exchange hot wallets as part of an orchestrated $86.6 million attack against the HTX Eco (HECO) Chain bridge, consisting of HTX, Tron (TRX), and BitTorrent (BTT). All three entities are linked or de-facto controlled by Chinese blockchain entrepreneur Justin Sun.  Like previou...

Whale Alert revealed that more than 60 million HT tokens were sent to HTX over the past few hours. The large transfer follows the $97 million hack of HTX and the Heco Chain protocol that took place yesterday. HT was down 1.57% and was changing hands at $2.96 at press time. The whale tracking platform Whale Alert shared on X today that a substantial amount of Huobi Token (HT) was sent to the HTX exchange, formerly known as Huobi. According to the post, 60,005,287 HT, worth $177,900,201, was transferred from the Heco Chain. 60,005,287 #HT (177,900,201 USD) transferred from #HECO to #Huobihttps://t.co/B6hYw6N5id — Whale Alert (@whale_alert) November 23, 2023 Meanwhile, over the past 24 hours, HT’s price has dropped 1.57%. According to data from CoinMarketCap, the altcoin was changing hands at $2.96 at press time. This negative daily performance pushed HT’s performance over the past 7 days deeper into the red zone as well. Consequently, the al...

Dubai, UAE, November 23rd, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has launched Arabic lingual support for over eleven Middle-Eastern and North African countries accessible on its mobile application and website. With Arabic language support , Bitget provides broader access to Arabic-speaking audiences. The lingual support for MENA-based Bitget users will provide smoother learning processes and excellent communication to buy and sell crypto currencies. This move aligns with Bitget providing support for Fiat gateways in the Middle East region for seven currencies, including Dinars, Riyals and Ouguiyas. In July, the platform announced it plans to further advance its audience as it targets the Middle East as the next region for business expansion due to its dynamic growth. “Our expansion plans of growing in the Middle East and North Africa have now advanced into building user-centric products for the regio...

A widely followed analyst and trader believes one altcoin project that’s been soaring will remain in an uptrend for a while longer. The analyst pseudonymously known as The Flow Horse tells his 187,600 followers on the social media platform X that Celestia (TIA) could still move higher. “Buying TIA as long as we hold the volume weighted average price since inception around $5. While I think this has a future punishing re-accumulation period, I think there is a play higher between now and then. Fast horse plus attention grabber should remain strong longer.” Source: The Flow Horse/X Celestia, a blockchain built to enable anyone to launch their own decentralized network at minimal cost, is trading for $5.62 at time of writing, up more than 136% in the last two weeks. The trader also weighs in on Binance’s settlement with US regulators and the subsequent resignation of its CEO and founder, Changpeng Zhao. He says that with Binance effectively neutrali...

SOL was trading at $54.83 at press time after its price dropped 1.89% over the past day. Whale Alert announced that a whale transferred SOL worth more than $10 million to Binance. Should SOL close today’s daily candle under $56.95, it may be at risk of falling to as low as $47.60. The whale tracking platform Whale Alert shared in an X post earlier today that a whale transferred a huge amount of Solana (SOL) tokens to an exchange. According to the post, about 199,999 SOL was moved from an unknown wallet to Binance. The transferred SOL was worth approximately $10,487,432. 199,999 #SOL (10,487,432 USD) transferred from unknown wallet to #Binancehttps://t.co/tMzK6oRuOl — Whale Alert (@whale_alert) November 21, 2023 Consequently, rumors of a possible sell-off circulated within the cryptocurrency community and among traders. Talks of a selloff might not be so far-fetched as SOL’s price decreased by 1.89% over the past 24 hours of trading. As a res...

Speculations are rife that leading trading platform Robinhood could list Ripple ’s native token XRP in Q1 of 2024. The XRP community is buzzing on social media with a possible listing on Robinhood next year. The rumors are already creating Ripple s in the cryptocurrency sphere as the listing will be huge if true. Robinhood boasts a userbase of nearly 23 million active users and a XRP listing will open a floodgate of funds into the altcoin. Also Read: Gold Prices Rally Towards $2,000: When Will It Reach $2,100? The large inflow could spike the price of Ripple’s native token as buying the cryptocurrency will become easier. Ripple’s native token is currently hovering around the $0.59 mark after spiking nearly 13% in 30 days. Read here for a realistic price prediction on when XRP could breach the $1 next. JUST IN 🚨🚨 Rumours In The #XRPCommunity That Robinhood Will List #XRP In Q1 Of 2024.💥💥🚀🚀&#12864...

The founder of the largest cryptocurrency exchange Binance, Changpeng Zhao, published an internal letter to company employees on Nov. 21. The Binance CEO’s swan song comes after a landmark decision by the U.S. Department of Justice that will see the company pay a $4.3 billion dollar fine and the replacement of the crypto exchange’s erudite founder . In his address , Zhao cited a quote from the movie Star Trek, noting that “I will have to deal with some pain, but will survive.” He also asked the company employees to “continue performing admirably.” Source: WuBlockchain Zhao also admitted that he had a difficult day due to jet lag and an inability to use his phone since he spent the entire day in court. At the same time, he promised that everything would be fine with Binance, with Zhao admitting that he needed a break anyway. As part of a landmark settlement with the US Department of Justice on Nov. 21, Zhao is prohibited from holding a leadership position at Binance for a...

The Securities and Exchange Commission (SEC) has been labeled America’s “top decel” by the CEO of its latest target: crypto exchange Kraken. “Today, the SEC filed a complaint alleging that Kraken operates as an unregistered national securities exchange, broker, and clearing house,” the firm announced via X on Monday night. “We disagree with their claims and plan to vigorously defend our position.” According to the SEC, Kraken has made “hundreds of millions of dollars” by unlawfully selling crypto tokens the commission deems as securities. By doing so, it failed to provide “significant protections” to investors. These protections were further eroded by Kraken ’s “deficient” business practices — poor internal controls and recordkeeping left users exposed to “a range of risks,” the SEC believes. Former Kraken chief gets personal in SEC dispute In response to the SEC’s complai...

Multiple whales transferred BTC worth millions to exchanges over the past few hours. It is still uncertain whether these whales will look to pump or dump the BTC price. At press time, BTC was trading at $37,394.64 after a slight 0.58% price rise. Data from the whale tracking platform Whale Alert indicated that multiple whales moved Bitcoin (BTC) to exchanges over the past few hours. Almost first thing this morning, a whale transferred 2,707 BTC tokens worth $101,620,813 from an unknown wallet to the Coinbase exchange. 2,707 #BTC (101,620,813 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ReSVTNs9UL — Whale Alert (@whale_alert) November 20, 2023 Just a few hours later, another whale transferred 2,712 BTC tokens from an unknown wallet to Coinbase. In this case, the transferred BTC was worth approximately $101,661,213. 2,712 #BTC (101,661,213 USD) transferred from unknown wallet to #Coinbasehttps://t.co/Zm1G6bGyMc ...

Shiba Inu (SHIB), a prominent meme token in cryptocurrency, remains a focal point for investor interest. Bolstered by a vibrant and dedicated community, SHIB has embarked on a thrilling trajectory, with other meme coins beginning to stand out as its worthy competitors. Within this framework, numerous cryptos have emerged as standout contenders, demonstrating the potential, driven by current market trends and technological advancements, to rival and potentially succeed SHIB. Dogecoin (DOGE) Operating as an open-source, peer-to-peer cryptocurrency utilizing blockchain technology, Dogecoin (DOGE) has garnered attention from traders. Recent trends highlight substantial growth in DOGE’s on-chain transactions, witnessing a surge of $665 million in transaction volume. Furthermore, the noteworthy development of Dogecoin derivatives volume doubling in a single day on November 18, with speculators trading $5.04 billion worth of DOGE using derivatives, adds to the positive indicators o...

The SEC alleges Kraken for violating the federal securities law, facilitating illegal trade of securities. Kraken CEO Dave Ripley strongly disagreed with the allegations, defending that Kraken does not list securities. The crypto exchange co-founder Jesse Powell criticized the SEC, addressing them as masochists. The U.S. Securities and Exchange Commission (SEC) sued the cryptocurrency exchange Kraken, alleging violation of the federal securities law. In response to the allegations, Kraken Co-Founder Jesse Powell condemned the SEC, characterizing their actions as another “assault on America.” USA's top decel is back with another assault on America. The masochists haven't been happy with the beatings they've been taking in NY and are shopping for a different flavor of RegDom in CA. I thought we settled all their concerns for $30m in Feb. Now they're back for seconds? https://t.co/SkfPJyneUz — Jesse Powell (@jespow) November 21, 2023 O...

In a Nov. 20 press release shared with crypto.news, Floki and TokenFi, the two sister tokens, announced their new marketing collaboration with two renowned cricket teams , the Manipal Tigers and the Bhilwara Kings. The effort aims to introduce the two tokens to an audience of over 700 million cricket enthusiasts around the world. A leading sponsor As part of the marketing initiative, Floki will be both a back-of-shirt and leading upper-arm sponsor for the Manipal Tigers, while TokenFi, the tokenization platform from Floki, will take on the same role for the Bhilwara Kings.  The partnership will also give Floki and TokenFi a number of other marketing rights, including social media promotions, exclusive signed merchandise opportunities and coverage at the upcoming Legends League Cricket event scheduled in India from Nov. 18 to Dec. 9. The sister tokens will also be seen across opposing teams when the Bhilwara Kings take on the Manipal Tigers on Nov. 24 in what is said to b...

The Ethereum (ETH) price has been on a tear recently, surging over 32% since last month. Analysts now predict ETH could hit $3,000 before the end of 2023 if momentum continues, especially after BlackRock filed for a spot Ethereum exchange-traded fund (ETF) in the U.S. Amid this, the Bitcoin ETF Token (BTCETF) presale is gaining traction, even attracting whales . Mainstream institutions file for Ethereum ETFs as price surges Ethereum is hovering around the $2,030 level, rebounding nearly 7% from Nov. 17 low. Much of this is due to BlackRock’s filing for a spot Ethereum ETF, which highlights the scale of the institutional interest. Just days after BlackRock filed, major asset management firm Fidelity also applied for its spot Ethereum ETF. Approval of one (or both) of these ETFs could be a major catalyst for Ethereum. Fidelity oversees more than $4.5 trillion in assets and seeks to list the Fidelity Ethereum Fund on the Cboe BZX Exchange. Their filing argues that U.S. inves...

Amid his continuous warnings about the imminent financial collapse, particularly in the United States, the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, recently drew a comparison with one of history’s most notorious villains and urged his followers to buy Bitcoin (BTC). Specifically, Kiyosaki pointed out that 100 years have passed since hyperinflation in Germany brought Adolf Hitler to power, expressing his hope that the US is not about to ‘celebrate’ hyperinflation as well, according to the X post shared that the renowned investor published on November 19. Furthermore, he argued that the country’s government is the “most incompetent ever,” advising his readers to study hyperinflation in Germany and Zimbabwe and stock up on food, guns, gold, and silver, particularly praising Bitcoin as the best defense as “people control the value of Bitcoin, not our leaders.” Just in Germany to celebrate 100 years since 1923, the hyperinflation that bro...

Toncoin’s market flipped Chainlink, as it crossed $8 billion. The Toncoin blockchain continues to add more utility, impacting the native token in the process. TON may hit $2.42 if buying pressure increases in the coming days. Originally created as a messaging app on the blockchain, Toncoin (TON) has emerged as a strong force in the crypto market lately. This rise was also reinforced by the fact that the Toncoin market has flipped that of Chainlink (LINK). Toncoin integrates more utility  At press time, Toncoin’s market cap was $8.06 billion. Chainlink, on the other hand, had a market cap of $7.91 billion. However, the last 24 hours have seen TON’s price rise to $2.35. LINK, however, had a better performance, increasing by 5.59% within the same period.  However, the rise in the project’s market value was not only because of the price or circulating supply. Instead, it also had to do with the use cases the blockchain offers. Dubbed “The Open Ne...

A closely followed crypto strategist is predicting a pullback in the crypto market as many digital assets soar. Pseudonymous analyst The Flow Horse, also known as Cantering Clark, tells his 182,300 followers on the social media platform X that two projects in particular are at risk of a deep decline: Ethereum (ETH) competitor Avalanche (AVAX) and RUNE, the native asset for the decentralized cross-chain liquidity protocol THORChain. “I started shorting this morning. So far just AVAX and RUNE. Why two strong pairs? The overextension is getting real, and everything is going to pull back more than you would like… I think you can expect at least 30% pullbacks.” Avalanche is trading for $21.35 at time of writing, down 11.38% in the last 24 hours, while RUNE is trading for $6.19 at time of writing, down 1.53% in the last 24 hours. The trader also suggests Ethereum may briefly dip below $1,900 only to be driven back up by a large demand for ETH at that lower price rang...