Crypto News

“We’ve seen this play out repeatedly, yet projects still underestimate how critical it is to lock down access," QuillAudits told Decrypt.Source link

BTC retreated to $95K, mostly due to the Bybit hack and Fed rate jitters, both of which shook market confidence. Crypto Market Reels as Bitcoin Drops to $95K Following Bybit Hack and Fed Speculation Bitcoin (BTC) is navigating a turbulent market landscape, with price fluctuations driven by a historic exchange hack and ongoing uncertainty surroundingSource link

Infini, a prepaid payments card issuer that offers interest on deposited dollar stablecoins, warned a hacker it had “gathered critical IP and device information” after losing almost all the value locked in its wallets.The attacker drained $49.5 million from the Hong Kong-based neobank's wallets, according to Peckshield. The company said only on Sunday it had hit $50 million in total value locked. The exploit came just days after Bybit, the second-largest cryptocurrency exchange by trading volume, saw a hacker drain its ether cold wallet and make off with nearly $1.5 billion in crypto's largest exploit.“We are closely monitoring the address involved and are prepared to take immediate action to freeze any stolen funds if necessary," Infini told the hacker...

Michael Saylor's Strategy, previously MicroStrategy, now holds over 499,000 Bitcoin—over $47 billion worth of the top cryptocurrency.Source link

Dogecoin has crashed in value, CoinGecko shows, hitting its lowest price in weeks after traders lose interest in the meme coin market.Source link