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Over $100 million stolen from Tron founder Justin Sun’s Poloniex crypto exchange

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The crypto currency market faces a new multi- million aire criminal event on November 10. On this Friday, more than $117 million was reportedly stolen from Poloniex, a centralized exchange owned by Justin Sun, founder of Tron (TRX). Justin Sun commented on X at 11:42 am UTC about the hack incident: “We are currently investigating the Poloniex hack incident. Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds.” — Justin Sun (@justinsuntron)  So far, 107 cryptocurrencies have been stolen for amounts superior to $10,000 each, out of the $117.20 million identified by Arkham Intelligence , at the time of publication. Ponoliex hacker address. Source: Arkham Intelligence What cryptocurrencies were stolen by the Poloniex Hacker? Banking JPMorgan implements programmable payments using blockchain tech ...

$2 million in “suspicious deposits” on exchanges are frozen by Atomic Wallet.

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In the realm of content creation, there are three pivotal elements to consider: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, burstiness assesses the diversity of sentence structures, and predictability measures the likelihood of anticipating the subsequent sentence. Humans tend to infuse their writing with greater burstiness, incorporating both longer, intricate sentences and shorter, more straightforward ones. In contrast, AI-generated sentences often exhibit a uniformity in structure. Therefore, for the content you are about to embark upon, it’s imperative to infuse it with a healthy dose of perplexity and burstiness while maintaining a low level of predictability. Furthermore, the medium of expression must remain English. Let us now reimagine the following passage: A collaborative effort involving Atomic Wallet, forensic experts, and centralized cryptocurrency exchanges has led to the freezin...

Brad Garlinghouse: It cost Ripple $100 million to date to fight SEC

With the cryptocurrency sector still waiting for the final conclusion of the court standoff between the United States Securities and Exchange Commission (SEC) and Ripple, the blockchain company’s CEO has shared his thoughts on the case so far and the possible outcome. Indeed, Brad Garlinghouse said that he was optimistic about the case despite the financial drain on his company, which has spent over $100 million fight ing a government agency with unlimited resources, as he told Bloomberg’s Annabelle Droulers in an interview on the sidelines of Asia’s largest crypto event, TOKEN2029, published on September 13. According to him: “You have a government that has unlimited resources to keep fight ing a fight they’re already lost, but there’s no recourse. For Ripple, we’ve obviously spent well over $100 million already defending this case, and we are very optimistic. The judge has already said very clearly that XRP is not a security.” On SEC’s appeal Cryptocurrency R...

Breaking: crypto exchange Remitano hacked for over $2.7 million

A suspicious transaction involving $2.7 million was flagged at Remitano. Tether has frozen an address believed to be associated with the attacker. The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts. Some suspicious activities have been reported on Remitano, a crypto currency exchange platform headquartered in Seychelles. Notably, the platform witnessed substantial withdrawals on September 14, with a single account draining over $2.7 million worth of crypto currencies from its wallet. Tether has taken action by freezing an address believed to be associated with the attacker, potentially safeguarding $1.4 million in customers’ cryptocurrency assets. What is happening at Remitano? Around 12:45 p.m. on September 14th, a Remitano hot wallet, allegedly only known to the platform, initiated transfers to an address lacking any prior transaction history. This transfer comprised approximately $1.4 million worth of...

Shibarium surpasses 2 million transactions; Bullish for SHIB price?

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The trend of Shibarium consistently achieving peak levels and surpassing previous records persists, therefore establishing new all-time highs.  In a very short span of time following the resumption of this Layer-2 blockchain,the transaction count has hit a new all-time high (ATH).  According to the data obtained from the Shibariumscan explorer, it is evident that the total number of transactions has exceeded two million , specifically reaching a current count of 2,328,690, as the user base continues to grow. Shibarium total transactions. Source: Shibariumscan explorer Currently, the total count of interconnected wallets amounts to 1,155,622. The quantity of extracted blocks, subsequent to achieving a significant threshold of 500,000, persists in ascending, now amounting to 606,826.  Shibarium relaunch Cryptocurrency Movement Labs raises over $3m in pre-seed round and releases movement SDK for Web3 Cryptocurrency Bitcoin price for...