Genetic testing company 23andMe is investigating a data breach that exposed customer information, including profile photos, birth years, and ancestry details of millions of its users. The compromised data was obtained through unauthorized access to individual 23andMe accounts, the company said in a statement reported by Ars Technica. Preliminary results suggest the login credentials used to access the accounts “may…
Month: October 2023
Genetic Data Stolen from 23andMe in Credential Stuffing Attack
Genetic testing company 23andMe is investigating a data breach that exposed customer information, including profile photos, birth years, and ancestry details of millions of its users. The compromised data was obtained through unauthorized access to individual 23andMe accounts, the company said in a statement reported by Ars Technica. Preliminary results suggest the login credentials used to access the accounts “may…
Ethereum Inflation? ETH Supply Has Grown by $47 Million in 30 Days
Ethereum fans widely hyped last year’s merge as a decisive event that would permanently establish ETH as “ultrasound money.” Ethereum’s historic transition from proof of work to proof of stake last September reduced ETH issuance by 90%; many so-called Ethereum maximalists were convinced the change would clinch ETH’s status as a deflationary currency that would only, thereafter, appreciate in value. …
Huobi Reclaims $8 Million In Stolen Ethereum After Offering Bounty to Hacker
Huobi Gloabl’s cryptocurrency exchange has recovered millions in stolen funds from a hacker who absconded with them in September after making contact with the attacker and negotiating a deal to see it returned. Justin Sun, a Huobi Global investor and HTX adviser, took to Twitter on Saturday to announce that $8 million in stolen Ether (ETH) was restored and that…
Steven Soderbergh-Backed, NFT-Funded Film Lands Global Sales Deal
“The Quiet Maid,” an upcoming feature film funded by the sale of NFTs, has secured a global sales deal. The film, a social satire formerly titled “Calladita” from the Spanish filmmaker Miguel Faus, sold its world sales rights to the Ibero-American entertainment firm FilmSharks out of Iberseries, the industry conference held this week in Madrid. Deadline first reported the deal. …
This Week on Crypto Twitter: Ethereum Futures ETFs and the FTX Saga
A multitude of positive crypto headlines did little to rally the prices of leading cryptocurrencies this week. On Tuesday, JP Morgan’s crypto lead Tyrone Lobban remarked at a panel in London that Bitcoin is “maybe more like a stablecoin nowadays”—a statement that regular readers of this This Week in Coins likely concur with. This bodes well for crypto. After all,…
Bitcoin bulls encircle $28K as trader says ‘big’ buyer must step in
Bitcoin might have difficulty breaking through a key resistance zone of its own accord, end-of-week analysis predicts. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-bulls-28k-trader-btc-price-big-buyer
Bitcoin bulls encircle $28K as trader says ‘big’ buyer must step in
Bitcoin might have difficulty breaking through a key resistance zone of its own accord, end-of-week analysis predicts. Source: https://cointelegraph.com/public/index.php/news/bitcoin-bulls-28k-trader-btc-price-big-buyer
Ripple CTO seeks community consensus for XRPL AMM feature adoption
Ripple chief technical officer (CTO), David Schwartz has advocated for XRP Ledger (XRPL) validators to support the automated market maker (AMM) feature, but only if there is consensus within the community. On X (formerly known as Twitter), Ripple’s CTO initiated a discussion on the XRPL’s AMM feature. In his initial post, Schwartz referred to AMMs as the intriguing decentralized finance…
Bitcoin bulls encircle $28K as trader says ‘big’ buyer must step in
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin behavior at resistance “not the best” Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend. The pair recovered from a snap retest of $27,000 on…