Crypto News

The NVIDIA GTC Paris showcases AI-driven artworks, redefining creative expression through machine learning. Artists and designers explore new frontiers in art and fashion using cutting-edge AI technology. (Read More)Source link

XRP XRP climbed 7% over the past 24 hours, rebounding from a steep sell-off to trade at $2.20 after finding support at $2.07.News BackgroundXRP’s week-long price action was influenced by a mix of fundamental developments and market speculation.Ripple recently received approval from Dubai regulators for its RLUSD stablecoin, underscoring the company’s ambition to integrate digital assets into cross-border payment systems.Meanwhile, the market is closely watching for a decision on Franklin Templeton’s proposed spot XRP ETF, expected by June 17. Approval could attract substantial institutional inflows, potentially transforming XRP’s liquidity profile.On the technical front, XRP’s consolidation above its 200-day moving average signals resilience despite broader market volatility.Ripple’s broader strategy — bridging crypto and traditional finance — continues to define XRP’s role...

The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, isSource link

Taiwan-based crypto exchange BitoPro has confirmed to CoinDesk that it suffered a cyberattack on an old hot wallet in May, resulting in losses of over $11 million. The company said it immediately replenished the stolen funds and moved assets to new wallets to prevent further losses.The breach, which occurred on May 8 during a wallet system upgrade, was first flagged by blockchain sleuth ZachXBT. He revealed that the stolen funds were laundered through decentralized exchanges and privacy protocols before being deposited into Wasabi Wallet, a popular Bitcoin mixer.“BitoPro recently experienced a cyberattack on an old hot wallet during a wallet system upgrade,” the exchange shared with CoinDesk. “Upon detection, we quickly launched an emergency response, securing assets by moving them...

Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking overSource link