Poloniex Hacker Transfers Over $3.3 Million Worth of ETH to Sanctioned Tornado Cash

Ethereum  Poloniex Hacker Transfers Over $3.3 Million Worth of ETH to Sanctioned Tornado Cash  Balita ng Ethereum ng Bitcoin  The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023 recently transferred over 1,100 Ether (ETH) to sanctioned crypto mixer Tornado Cash.  The hacker sent the Ether in batches while still holding over $180 million worth of assets across different blockchains.  Poloniex Hacker Launders 1,120 ETH  According to data from Arkham Intelligence, the Poloniex hacker transferred 100 ETH in 11 batches to Tornado Cash, brining to the total to 1,100 ETH (worth around $3.37 million), and another two more of 10 ETH (valued at approximately $61,400) on May 7, all within four hours.  Apart from Ether, the Poloniex hacker previously transferred 501.62 BTC worth around $32 million on April 30 to an unknown Bitcoin address (bc1qt…xfekh).  The hackers portfolio currently holds assets worth $181.3 million, which include Ether, TRX, Bitcoin (BTC), BTCT, and Floki, with Ether being their largest holding of 25,563 ETH worth $78.6 million.  In November 2023, Poloniex lost $125 million in crypto assets to a hacker, with over 175 different tokens stolen from the exchanges hot wallet.  Following the attack, Poloniex owner Justin Sun promised full reimbursement of affected funds and also offered a 5% bounty

2024-05-08Ethereum

BTC, ETH at XRP Presyo ng Prediction para sa Mayo 6

Bitcoin Ethereum  BTC, ETH at XRP Presyo ng Prediction para sa Mayo 6  Balita ng Ethereum ng Bitcoin  The prices of most of the coins are rising, however, there are some exceptions to the rule, according to CoinMarketCap.  Nangungunang mga barya ni CoinMarketCapBTC USD  Ang rate ng Bitcoin (BTC) ay bumagsak ng 0.34% sa nakalipas na 24 na oras.  Imahe sa pamamagitan ng TradingView  Todays drop has not much affected the overall technical position of BTC on the daily chart. Such a statement is also confirmed by a falling volume. In this case, ongoing sideways trading in the narrow range of $63,000-$65,000 is the more likely scenario for the next few days.  Ang Bitcoin ay nakikipagkalakalan sa $ 63,857 sa oras ng pagpindot.  ETH USD  Ethereum (ETH) has followed the decline of BTC, going down by 0.90%.  Imahe sa pamamagitan ng TradingView  On the daily time frame, the price of Ethereum (ETH) is trading similarly to BTC. At the moment, one should focus on the bars closure in terms of the zone of $3,100. If it breaks out, the correction may lead to the test of $3,000.  Ang Ethereum ay nakikipagkalakalan sa $ 3,115 sa oras ng pagpindot.  XRP USD  Unlike other coins, the rate of XRP has gone up by 0.50%.  Imahe sa pamamagitan ng

2024-05-08Ethereum

Revolut Launches UK Crypto Exchange Featuring Bitcoin (BTC) and Ethereum (ETH) Amidst Digital Asset Boom

Bitcoin crypto Ethereum  Revolut Launches UK Crypto Exchange Featuring Bitcoin (BTC) and Ethereum (ETH) Amidst Digital Asset Boom  Balita ng Ethereum ng Bitcoin  Revolut Ltd. introduces Revolut X, a UK crypto exchange, amidst rising interest in digital assets.  The move highlights Revoluts strategic decisions in a landscape of regulatory scrutiny and global market dynamics.  Revolut X targets experienced traders and offers a platform to buy and sell over 100 different tokens.  Revolut Ltd. unveils its latest venture, Revolut X, a UK crypto exchange, targeting experienced traders amidst a surge in digital asset interest and prices.  Revolut X: A New Player in the Crypto Exchange Market  Revolut Ltd., the British banking app known for its innovative financial services, recently unveiled its latest venture, the Revolut X crypto exchange. This move comes amidst a surge in digital asset interest and prices over the past year. With Revolut X, the company aims to cater to experienced traders by offering a platform to buy and sell over 100 different tokens. The exchange boasts competitive fees ranging from zero to 0.09%, positioning itself as an attractive option for crypto enthusiasts. However, access to the platform is restricted to investors who hold a Revolut retail account, ensuring a seamless integration with the existing ecosystem

2024-05-08Ethereum

Ethereum Struggles Amid ETF Delays and Market Uncertainty: Whats Next For ETH?

Ethereum  Ethereum Struggles Amid ETF Delays and Market Uncertainty: Whats Next For ETH?  Balita ng Ethereum ng Bitcoin  Ethereum faces bearish market pressures following delays in the SECs approval of an Ethereum ETF, impacting trading activity.  Despite a slight 2% rise over the past week, ETH experienced a price drop over the last 30 days.  Ethereum is caught in a symmetric triangle pattern on the 4H chart.  As the cryptocurrency market experiences heightened volatility, Ethereum, a leading altcoin, continues to wrestle with bearish sentiments. The delay in the U.S. Securities and Exchange Commissions (SEC) approval of the much-anticipated Ethereum ETF has exacerbated this downtrend, contributing to weak buying and selling pressures in the market.  Ethereums Price Performance and Market Outlook  Over the past week, ETH has managed a modest increase of 2%, yet it faces a 9% correction over the past 30 days. Despite these fluctuations, the Year-to-Date (YTD) returns for Ethereum stand at an encouraging +35.86%, indicating that long-term sentiment remains bullish within the industry.  Ethereums price action has not been strong, as indicated by its formation of a symmetric triangle pattern within the 4-hour trading timeframe, suggesting a consolidation phase. Technical analysis from TradingView points towards a bearish sentiment this week, as reflected by the Cross EMA

2024-05-08Ethereum

Crypto Billionaire Joseph Lubin Says SEC’s Anti-Crypto Agenda To Have ‘Chilling Effect’ on Ethereum Users – Here’s Why

crypto Ethereum  Crypto Billionaire Joseph Lubin Says SEC‘s Anti-Crypto Agenda To Have ’Chilling Effect‘ on Ethereum Users – Here’s Why  Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulators current policies on crypto will have a lasting effect on the industry.  In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won‘t be able to buy it, and developers won’t be able to develop Ethereum or build any more applications on top of the protocol.  Earlier this year, SEC Chair Gary Gensler refused to confirm whether or not he sees ETH as a security.  Says Lubin,  Lubin is the CEO of Consensys, the creators of MetaMask, the worlds most popular crypto wallet, which recently received a Wells Notice from the SEC, which the regulator issues when it wants to warn of a coming enforcement action.  Consensys soon responded with a lawsuit against the SEC, which Lubin, whose worth was estimated to be between $1 billion and $5 billion in 2018 by Forbes, says aims to prevent the regulator from reclassifying ETH as a security.

2024-05-08Ethereum

Magagawa ba ng Ethereum Bulls na Panatilihin ang Presyo sa Itaas sa $3K? (Pagsusuri sa Presyo ng ETH)

Ethereum  Magagawa ba ng Ethereum Bulls na Panatilihin ang Presyo sa Itaas sa $3K? (Pagsusuri sa Presyo ng ETH)  Ethereums price has encountered challenges in breaking below the critical $3K support region, with selling pressure being met by sufficient demand, resulting in sideways consolidation. However, a sudden breach of this pivotal juncture could trigger a cascading effect.  Upon examining the daily chart, Ethereums trajectory has turned bearish following a notable rejection near the $4K mark, fostering a bearish sentiment among market participants.  Nonetheless, the decline found a temporary recess upon reaching a substantial support region, encompassing the crucial $3K mark and the price range between the 0.5 ($3133) and 0.618 ($2906) Fibonacci levels. This support area aligns closely with the critical 100-day moving average, indicating significant demand near this crucial threshold.  Currently, Ethereum is experiencing a sideways consolidation phase, with the price hovering around the significant $3K support region. This suggests possible accumulation underway, potentially paving the way for a robust bullish resurgence in the short term. However, an unexpected breach of this crucial support zone could trigger a cascade effect, with the next target situated at the $2.5K region and the 200-day moving average of $2.6K.  Pinagmulan: TradingViewAng 4-Oras na Tsart  Analysis of the 4-hour chart

2024-05-08Ethereum

Ethereum Remains The Basket Case This Bull Cycle, Further Price Dip?

Ethereum  Ang Ethereum ay Nananatiling Basket Case Itong Bull Cycle, Karagdagang Pagbaba ng Presyo?  While Ethereum (ETH) remains a central player in the crypto market, it faces mounting challenges in its quest for widespread adoption. Moreover, a recent report by 10x Research suggests that Ethereum is the “basket case” in this bull cycle. This has raised concerns about the ETH prices future trajectory as it recently lost hold on a crucial level.  Will Ethereum Price Continue To Dip?  The 10x Research report noted that despite Ethereum‘s pivotal role in facilitating DApps and the NFT market, its weak fundamentals have become a cause for concern. It negatively affects Bitcoin’s trajectory due to the correlation between these crypto behemoths. In addition, the poor fundamentals also bring doom to the Ethereum ecosystem.  During the previous cycle, Ethereum was positioned as a revolutionary force set to supplant traditional banking systems. However, its failure to swiftly address scalability issues and adapt to changing market dynamics has left it trailing behind. Whilst, Bitcoin has now assumed the mantle of digital gold, leaving ETH behind.  Meanwhile, the correlation between Bitcoin and Ethereum remains strikingly high, with an R-square of 95%. This underscores the interconnectedness of the two largest cryptocurrencies. Hence, Ethereums struggles are

2024-05-07Ethereum

Pumapasok sa Testnet ang ZK-rollup Ethereum Scaler na Miden ng Polygon

Ethereum  Pumapasok sa Testnet ang ZK-rollup Ethereum Scaler na Miden ng Polygon  Balita ng Ethereum ng Bitcoin  poligon, a prominent Ethereum layer-2 developer, has introduced an alpha version testnet of its new zero-knowledge rollup (ZK-rollup) solution named Miden amidst intensifying competition in Ethereum‘s scaling ecosystem. This move marks a significant step in Polygon’s efforts to enhance Ethereums scalability and efficiency.  Polygon Miden Alpha Testnet is Live  On May 6, in a post on X, Polygon announced the launch of the Polygon Miden Alpha Testnet, inviting developers to start testing this zero-knowledge rollup (ZK-rollup). Miden aims to expand Ethereums functionalities by leveraging advanced cryptography techniques.  Similar to other ZK-rollup solutions, Polygons Miden utilizes a form of cryptography that enables data verification or “proof” without disclosing the underlying data to the wider network. This innovation enhances privacy and scalability on the Ethereum blockchain.  Miden also incorporates client-side proving, allowing users to generate proofs for their own state transitions locally without exposing the state to the network, Polygon explained. This approach is designed to reduce network load while enhancing privacy and scalability.  Miden introduces additional functionality, such as private accounts that support private tokens and transactions, storing only the hash of the account on-chain for enhanced privacy.  Moreover, Miden implements parallel transaction

2024-05-07Ethereum

Ethereum Developers Aim to Simplify Crypto Wallet Usage with EIP-3074

crypto Ethereum  Ethereum Developers Aim to Simplify Crypto Wallet Usage with ‘EIP-3074’  Balita ng Ethereum ng Bitcoin  EIP-3074 aims to enhance Ethereum wallets by enabling smart contract control.  The proposal has received support for improving wallet UX.  Despite this, leaders caution against potential vulnerabilities.  With blockchain adoption on the rise, Ethereum developers are reviewing several Ethereum Improvement Proposals (EIPs) for the upcoming major update, Pectra. One such consideration is the EIP-3074 due to its potential to enhance the usability of crypto wallets.  Unlike those managed by smart contract code, the proposal focuses on externally owned accounts (EOAs), which users control through private keys. EIP-3074 seeks to enhance the programmability of these accounts by enabling smart contract authorization for transactions.  Furthermore, this improvement could improve user experience by enabling batching transactions and allowing third parties to cover transaction fees.  Paradigm Chief Technology Officer Georgios Konstatonopolous commented on X.  Even though Ethereums proposed update, EIP-3074, has garnered significant support for its potential to enhance wallet usability, it has also been met with skepticism within some sections of the Ethereum community.  Certain community participants are expressing doubts regarding the security implications of permitting smart contracts to manage transactions for EOAs. In addition, industry leaders have cautioned that the proposal would allow batch transactions.  Lukas Schor,

2024-05-07Ethereum

Ang mga awtoridad sa buwis sa Australia ay humihiling ng data ng kliyente mula sa mga palitan ng crypto

crypto  Ang mga awtoridad sa buwis sa Australia ay humihiling ng data ng kliyente mula sa mga palitan ng crypto  Balita ng Ethereum ng Bitcoin  The Australian Taxation Office (ATO) has recently requested personal data and transaction information from cryptocurrency exchanges, potentially involving up to 1.2 million accounts. This move aims to tighten enforcement against individuals who might be neglecting their tax obligations amidst the growing allure of digital tokens.  According to a notice issued by the ATO last month, the data is intended to assist in identifying traders who have not reported their crypto exchanges or the use of digital currency for purchases of goods and services. The ATO acknowledges the intricate nature of the crypto industry, which can contribute to a genuine lack of awareness regarding tax responsibilities.  The ATO highlighted concerns about the potential for individuals to exploit the anonymity of cryptocurrency transactions to evade tax obligations. It emphasized that the ease of purchasing crypto assets with false information could make them appealing to those seeking to circumvent tax laws.  What personal information does Australia want?  The information being sought includes personal details such as date of birth, phone numbers, and social media accounts, as well as transaction specifics like bank accounts, wallet addresses,

2024-05-07Industriya
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