Ethereum News

Bybit, a Dubai-based crypto exchange, has suffered the biggest hack in history, with hackers stealing 400,000 Ethereum, worth $1.5 billion (Rs 13,000 crore). CEO Ben Zhou assured users their funds are safe, announcing a refund program for affected customers. Despite the loss, Zhou stated Bybit remains financially stable, with $20 billion in client assets. Ethereum's price dropped nearly 4% after the breach. This hack surpasses the 2022 Ronin Network attack, highlighting the risks in the crypto world.

The habit of charging the smartphone anywhere can make you a victim of hacking. This can also empty your bank account. Police has advised people not to charge their phones in public places like bus stands, railway stations, small restaurants and charging stations. With this you can become a victim of juice jacking or charger hacking.

IAMAI announced the dissolution of BACC. The IAMAI said that it was forced to take the decision. Bitcoin and Ethereum nosedived by nearly 70%.

The world's largest cryptocurrency further tanked 7 per cent over fears of risk-off sentiment due to a sharp rise in inflation globally, especially the US.

The move comes nearly two years after PayPal opened up its platform to digital currencies. The platform had started allowing customers to buy, sell and hold bitcoin, ethereum, bitcoin cash and litecoin in October 2020. Since last year, the crypto market has seen a surge of investor interest with large venture investors.

MuskMelon, a utility token developed on Binance Smart Chain and Ethereum, took the world of NFTs (Non-Fungible Tokens) and Gaming by storm. MuskMelon was listed on Bitmart and XT platforms on 15 April 2022. 

The crypto market was last at $2 trillion in August 2021. Bitcoin has jumped nearly 14 per cent and ethereum 12 per cent in the last week. Terra`s LUNA token had a stratospheric rise, climbing nearly 70 per cent during the last week.

"Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin and Ethereum," one of the tweets read.

Bitcoin hit an all-time high of roughly $69,000 in November. The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates. Ethereum, Finance Coin and Cardano also witnessed similar meltdowns.

Bitcoin fell 0.61 percent to Rs 37,59,371, while Ethereum surged 1.84 percent to Rs 2,96,891 in major cryptocurrencies trading. Avalanche jumped 4.75 percent to Rs 8,700, while Cardano dipped 1.23 percent to Rs 105.18.

Bitcoin was trading at $45093.11 which was a 6.50% decrease over the last 24 hours and 1.45% increase over the last 7 days. Ether was trading at $3164.36 which is an 8.09 % decline over the last 24 hours and 1.58 % decrease over the last one week. Dogecoin today was trading at $0.2159 which is 9.69% down over the last 24 hrs.

#BuyTheDip and #HODL have been trending for quite some time now. Security researchers working at the Lookout Threat Lab revealed that there are around 170 Android apps, of which 25 fake apps are available on the Google Play Store, which is scamming people who plan to earn some money from crypto mining. These apps claimed to be mining coins such as Bitcoin and Ethereum.

China warned investors against speculative crypto trading in the latest Chinese attack on private digital coins. The statement also pointed out the risks of cryptocurrency trading, saying virtual currencies "are not supported by real value". The future of cryptocurrencies doesn’t look really good in India.

Bitcoin and ethereum posted their largest one-day drop since March. Ethereum fell to as low as $1,850. Ethereum`s one-day losses were the biggest since March last year.

Vitalik Buterin is Russia-based co-founder of Ethereum Ethereum is world`s second largest cryptocurrency. He has donated 500 coins and over 50 trillion SHIB meme coin worth.

Ether was last up about 4.0% at $3,568.92. Bitcoin was down 0.3% at $57,353.03 Ether, the token traded over the ethereum blockchain, topped $3,000 for the first time on Monday.

Robinhood and India-specific platform WazirX crashed due to the Dogecoin frenzy. Ethereum’s growth has come in the aftermath of growing institutional interest in cryptocurrency. Institutional investors are now seeing the crypto market as a potential investment source.

According to industry players, Bitcoin which is hovering around $40,000. As India plans to introduce the 'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021', to prohibit all "private cryptocurrencies" in the country, the industry stakeholders have come out in unison hoping that the Indian government would listen to all stakeholders before taking any decision.

The rally in bitcoin, which some investors have seen as a potential safe haven, has coincided with spot gold`s drop in recent months Some investors such as hedge funds and family offices have in the past been deterred by the opaque nature of the crypto market Tightening oversight of the American crypto industry has helped soothe some of those concerns

After initialising, the "CryptoShuffler Trojan" starts to monitor the device`s clipboard, utilised by users when making a payment.