Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million. Source: https://cointelegraph.com/news/313-million-crypto-lost-hacks-august?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Are Vitalik Buterin's $10M Ethereum sales bad news for ETH bulls?
Buterin’s recent transfer of 1,100 ETH to exchanges coincides with the Ethereum Foundation’s Ether sales worth over $200 million. Source: https://cointelegraph.com/news/vitalik-buterin-ethereum-10m-sales-eth-bulls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances and mental health. Tambosso, claiming to be […] Source: https://news.bitcoin.com/canadian-court-orders-man-to-repay-1-2-million-in-bitcoin-loan-dispute/
Bitcoin onchain indicator signals $58.5K price near 'favorable' buy level
A CryptoQuant contributor has indicated that a slight decrease in Bitcoin’s Puell Multiple index could present a ‘favorable buying opportunity.’ Source: https://cointelegraph.com/news/bitcoin-indicator-puell-multiple-index-nearing-buy-levels-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Hacks and Scams Cost $300 Million in August
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over […] Source: https://news.bitcoin.com/crypto-hacks-and-scams-cost-300-million-in-august/