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Zoe Mende - Cryptopress - Page 35 of 63
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Author: Zoe Mende

WazirX Hack

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The WazirX Hack: A Trail of ETH Leads to Tornado Cash In July 2024, WazirX, one of India’s leading cryptocurrency exchanges, fell victim to a cyberattack resulting in the theft of over $230 million, primarily in Ethereum (ETH) and Shiba Inu (SHIB). On September 3, 2024, the hacker behind this monumental heist moved approximately $6.5 million worth of ETH through Tornado Cash, a mixer notorious for anonymizing cryptocurrency...

Ethereum, Front page, News

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Elon Musk’s Dogecoin Legal Victory

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Elon Musk and Tesla win against a $258B Dogecoin manipulation lawsuit. Court labels Musk’s Dogecoin endorsements as “puffery.” The ruling could set precedents for future crypto-related legal battles. Dogecoin’s market reaction remains subdued post-ruling. The Elon Musk Dogecoin Lawsuit: A Closer Look In a significant legal victory for Elon Musk and Tesla, a U.S. court dismissed a hefty $258 billion...

Cryptocurrencies, Front page, News

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PHIL Memecoin: From Ethereum’s Genesis to $100M Market Cap

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PHIL, a memecoin linked to Ethereum’s genesis block, has rapidly climbed to a $100M market cap, captivating the crypto community. Despite its mysterious origins, PHIL has become a hot topic on Uniswap, showcasing the unpredictable nature of meme cryptocurrencies. The crypto community is buzzing with speculation and excitement, with many wondering about the creator’s identity and intentions. Genesis of PHIL A wallet...

Cryptocurrencies, Ethereum, Front page, Memecoins, News

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UAE Freezes Rafale Jet Deal Over Durov Arrest

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The United Arab Emirates (UAE) has suspended a significant arms deal with France, involving the purchase of 80 Rafale fighter jets, in response to the arrest of Pavel Durov, the CEO of Telegram. This decision, which has been reported across various platforms, underscores a notable escalation in diplomatic tensions between the UAE and France. The deal’s value has been reported variably, with figures ranging from $10 billion to $20...

News

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TON Network’s Six-Hour Outage: The DOGS Memecoin Effect Explained

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TON Network Outage: TON blockchain experienced a six-hour outage due to overwhelming network activity from the DOGS memecoin. Cause of Outage: High transaction volumes from DOGS caused validators to lose consensus. Impact on TON: The network resumed operations, but not before causing significant disruptions and market reactions. Market Response: TON’s native token, Toncoin, saw a price drop during the outage. The TON...

Blockchain, Front page, News

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