Attack on Serenity Shield On February 27th, a Metamask wallet belonging to Serenity Shield, a data storage platform, was compromised. Over 7 million SERSH tokens, worth $5.6 million, were stolen. Token Price Plummets The theft caused the SERSH token price to drop dramatically, falling over 90% to $0.0073. It later recovered slightly but continued to…
Short-Term Whales Hit All-Time High As Bitcoin surged to $60,000, a group of “newbie whales” have amassed an astonishing amount of unrealized profit. These whales, known as “short-term holders” (STHs), have held their coins for less than 155 days and currently own at least 1,000 BTC. Unrealized Profits Soar The unrealized profit held by STH…
Simplifying Digital Asset Management VanEck, a leading asset manager, has expanded its presence in the crypto industry with the launch of SegMint, an NFT marketplace and digital asset platform. SegMint’s key feature is the “Lock & Key Model,” which aims to make it easier to manage self-custodied assets. This model allows users to securely share…
A popular crypto analyst has shared his predictions for Solana (SOL), a rival to Ethereum (ETH). Market Cap Comparison In December, Solana’s market cap reached 20% of Ethereum’s. However, it has since underperformed ETH. The analyst suggests that if Solana regains that 20% level, its price could reach around $171. Further Upside Targets The analyst…
Bitcoin has broken through the $60,000 barrier, setting its sights on a new all-time high. Final Resistance According to DonAlt, an experienced crypto trader, Bitcoin is facing its last line of resistance before reaching new heights. This resistance level is set at $60,360. DonAlt believes that the current price action suggests caution, but remains bullish…
Crypto analyst Inmortal believes that Floki (FLOKI), a memecoin inspired by Elon Musk’s dog, is poised for a significant rally. Contagion Effect Inmortal compares FLOKI’s recent price action to that of Pepe (PEPE), another Dogecoin rival that experienced a surge in value. He believes FLOKI will follow a similar trajectory. Technical Analysis Inmortal’s chart analysis…
A long-lost Ethereum (ETH) wallet has come back to life, sending over $773,000 worth of ETH to Coinbase, the largest US crypto exchange. Pre-Mine Surprise The wallet, created before Ethereum’s public launch, had been dormant for over 8.5 years. When it awoke, it sent a single ETH to Coinbase, followed by a whopping 237.748 ETH….
Proposed Sentence Limit Sam Bankman-Fried’s (SBF) lawyers have requested a sentence of 63 to 78 months (5 to 6.5 years) in prison. This is significantly lower than the statutory maximum of over 100 years. Arguments for Leniency SBF’s lawyers argue that he deserves a lenient sentence due to: His charitable work and commitment to others…
Whale Withdrawals from Bitfinex Fuel Rally Bitcoin has surged above $59,000 as large investors, known as “whales,” have been withdrawing significant amounts of BTC from the cryptocurrency exchange Bitfinex. Whales Pull $240 Million from Bitfinex Analyst James Van Straten has noted that the recent surge in Bitcoin’s price towards $60,000 is partly due to the…
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