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Tag: Ethereum

Crypto Market Update: September 3, 2024

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The cryptocurrency market continues to be a hotbed of activity with significant movements across various tokens, reflecting both technological advancements and shifting investor sentiments. The market today shows a blend of cautious optimism and speculative enthusiasm. Investors and enthusiasts alike should keep an eye on technological developments and regulatory news, as these continue to be significant drivers of market dynamics. With crypto...

$SUI, Bitcoin, Crypto market, Ethereum, Solana

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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 transactions....

Ethereum, Front page, News, Tornado Cash, WazirX

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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 connected...

$PHIL, Cryptocurrencies, Ethereum, Front page, Memecoins, News

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Sony Unveils Soneium: Ethereum’s Layer 2 for a New Web3 Era

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Sony introduces Soneium, an Ethereum Layer 2 blockchain. Aims at enhancing scalability and user-friendliness for mainstream Web3 adoption. Targets developers in entertainment, gaming, and finance. Plans include integrating Sony’s products into the Web3 ecosystem. Testnet launched in partnership with Astar Network. Sony’s Soneium: The New Frontier in Blockchain for Web3 and Beyond Sony Group, in collaboration with...

Blockchain, Ethereum, Front page, News, SONY, Web3

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Ethereum ETFs See First Positive Inflows: A Turning Point for Crypto Investment?

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Ethereum ETFs saw their first positive inflows on July 30, 2024, with a total net inflow of $33.7 million. The inflows were distributed across different Ethereum ETFs, with the $ETHA ETF leading the pack with $118.0 million. This development signals a growing acceptance of cryptocurrencies by traditional investors and could lead to increased liquidity and stability in the Ethereum market. Expert opinions suggest that Ethereum could lead...

Cryptocurrencies, ETF, Ethereum, Front page, News

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