Altcoins

Crypto exchange Kraken started notifying affected XRP holders about the potential monetary benefits they could receive from the class action lawsuit against Ripple. The exchange recently emerged victorious in the Zakinov v. Ripple Case. The exchange successfully intervened to protect its customers’ data from being shared without their consent. Kraken Begins The Notification Process Kraken,
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XRP, the native cryptocurrency of the Ripple network, became a focal point in the face of the recent downturn in the broader market, facing the consequences of breaching a crucial support level and prompting uncertainties regarding its immediate outlook. In tandem with Bitcoin’s descent below the $40,000 mark and Ethereum’s stumble beneath $2,200, XRP mirrored
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PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could
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Market manipulation in the crypto sphere, explained In the cryptocurrency space, market manipulation refers to the deliberate use of different deceptive strategies to artificially inflate or deflate the price of cryptocurrencies.  One of the signs of market manipulation includes sudden, unusual price increases or decreases that have nothing to do with important news or trends.
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The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams, and exploits, with crypto criminals walking away with $363 million in November, according to a blockchain security firm. Around $316.4 million came from exploits alone, flash loans inflicted $45.5 million in damage, and $1.1 million was lost to various exit scams,
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Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the DAO. Bankless co-founders David Hoffman and Ryan Sean Adams plan to submit a governance proposal to BanklessDAO to separate the two entities. The co-founders took to X (formerly
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Our weekly roundup of news from East Asia curates the industry’s most important developments. HTX exchange hacked… again  In the fourth hack affecting the HTX (formerly Huobi Global) ecosystem in just two months, the exchange lost $13.6 million via a hot wallet hack that occurred on November 22.  In its November 23 announcement, the exchange promised to
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