Earlier today, crypto hardware wallet manufacturer Ledger confirmed that its Connector library was compromised after attackers replaced a genuine version with a malicious file. Following the incident, several decentralized applications (dApps) faced potential exploits, with the attacker managing to siphon more than $500,000 from multiple wallets. In this report, CryptoSlate brings you a breakdown of […]

Quick Take Bitcoin has recently recorded eight consecutive weeks of gains from Oct 16 to Dec 4, a phenomenon that has only happened six times in the past. Streak Start Date Streak End Date 2010-12-06 2011-01-24 2012-05-14 2012-07-02 2013-01-07 2013-02-25 2013-10-07 2013-11-25 2015-09-14 2015-11-02 2017-04-17 2017-06-05 2023-10-16 2023-12-04 Source: Glassnode Current figures depict a slight […]

From Nayib Bukele to Donald Trump, many current and former heads of state across the globe have used crypto and blockchain as political tools. Few world leaders have been openly supportive of digital assets while in office or while they were campaigning. Though the technology is relatively young and untested as a political issue, many […]

The Department of Justice (DOJ) announced the indictment of four individuals implicated in a sophisticated operation to launder millions of dollars defrauded from victims through cryptocurrency investment scams, according to a Dec. 14 press release. The defendants — Lu Zhang, Justin Walker, Joseph Wong, and Hailong Zhu — face multiple charges, including conspiracy to commit […]

Bitcoin transaction fees have surged again. On Dec. 6, 2023, bitinfocharts.com reported that the average cost of a bitcoin transaction soared to $27.55. Presently, the average transaction fee hovers around $13.93, alongside a growing backlog of unconfirmed transactions, currently at 249,000 at the time of this report. Rising Backlog Drives Sharp Increase in Bitcoin Transaction […]

In a move to mitigate the aftermath of the recent Ledger Connect Kit hack, Tether has proactively frozen the hacker’s address. Tether CEO Paolo Ardoino announced the freeze on social media hours after the hacker stole roughly $484,000 through a wallet drainer. The move aims to prevent further unauthorized transactions and safeguard the assets of […]

The post Hackers Stole $484K In Ledger Supply Chain Attack; Tether Steps In by Freezing Funds appeared first on Coinpedia Fintech News Recently, a supply chain attack targeted leading cryptocurrency wallet provider Ledger, compromising its front-end services through the introduction of malicious code. This breach resulted in the loss of crypto assets valued in the […]

Today, Bitcoin exchange River has unveiled its latest product, River Link, aiming to transform the way Bitcoin is sent and received on a global scale. River Link facilitates the seamless transfer of Bitcoin through text messages, offering users a straightforward and user-friendly experience that eliminates the complexities often associated with Bitcoin transactions. Traditionally, sending Bitcoin […]

Crypto whales are turning their attention toward high-utility projects, and it seems Solana has become a favourite hunting ground. Whales are seeking top crypto coin projects with substance that sheds more light on the development of blockchain investments. Another high-utility project, Everlodge, is in the crosshairs for whale moves and might be in play for […]

This Christmas, StealthEX brings more than just the festive cheer – we’re offering a chance to win big! Dive into the holiday spirit with our exclusive Christmas giveaway. A prize pool of $1000 is up for grabs! What do you need to do to claim your part of the prize? Let’s find out. The prize […]