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Scammers Exploit Solana Wallets to Burn Tokens
September 04, 2024 11:19 PM AEST| By Team Kalkine MediaScammers have recently devised a new method to defraud Solana users by burning their tokens shortly after purchase. Reports indicate that users are seeing their newly acquired tokens disappear from their wallets within seconds of the transaction.,Slo...
Trader Transforms $5K into $670K with Ethervista, Rival of Ethereum Pump
September 04, 2024 11:18 PM AEST| By Team Kalkine MediaA crypto trader has made headlines by turning a $5,000 investment into $670,000 within just two days, thanks to the explosive rise of the Ethervista (VISTA) token. The token, native to the new decentralized exchange (DEX) and token minting marketplac...
Japan's Finance Regulator Advocates for Reduced Crypto Taxes in 2025
September 04, 2024 11:17 PM AEST| By Team Kalkine MediaJapan’s Financial Services Agency (FSA) has unveiled a plan to revise the nation’s tax code for the fiscal year 2025, with significant changes proposed for the taxation of cryptocurrency assets. The FSA's new request, released on August 30, suggests...
Penpie Hacker Launders 26% of $27M Stolen Funds in 12 Hours
September 04, 2024 11:17 PM AEST| By Team Kalkine MediaA hacker who stole $27 million from the Penpie protocol on September 3 has laundered approximately $7 million of the stolen funds through the crypto mixer Tornado Cash within just 12 hours. The breach highlights significant security risks in decentra...
Bitcoin's Price Lacks Clear Trend as Active Addresses Drop
September 04, 2024 11:16 PM AEST| By Team Kalkine MediaThe number of active Bitcoin addresses has dropped significantly since early 2024, a trend typically observed after Bitcoin's price peaks during previous bull markets. This decline has raised questions about Bitcoin’s future price movements and marke...
Polygon's MATIC Upgraded to POL, Enhancing Token Utility
September 04, 2024 11:15 PM AEST| By Team Kalkine MediaPolygon has executed a significant upgrade to its native cryptocurrency, transforming MATIC into the new Polygon Ecosystem Token (POL). This shift, effective September 4, repositions POL as both the network's gas and staking token, marking a major st...
Indicators Suggest Potential Altcoin Surge in Late 2024
September 04, 2024 11:14 PM AEST| By Team Kalkine MediaAltcoins have faced significant challenges over the first eight months of 2024, but there are signs that a major recovery could be on the horizon.,{Ethereum},(ETH),has struggled recently, trading at its lowest price against Bitcoin (BTC) in nearly th...
Reasons Behind Today's Crypto Market Decline
September 04, 2024 11:13 PM AEST| By Team Kalkine MediaThe cryptocurrency market opened in the red on September 3, with total market capitalization falling by over 1.5% to approximately $2.03 trillion. This decline is largely attributed to disappointing US economic data and a sharp sell-off in the stock...
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Crypto Executives Who Served Time and One Who Evaded Justice
September 04, 2024 11:12 PM AEST| By Team Kalkine MediaThe,{cryptocurrency},industry, known for its financial opportunities, has also been a magnet for fraud and criminal activity. Many prominent figures in the crypto world have faced serious legal troubles, leading to prison sentences. Here’s a look at...
Starlink Announces Block on X Access in Brazil
September 04, 2024 11:10 PM AEST| By Team Kalkine MediaStarlink, the satellite internet company operated by SpaceX and owned by Elon Musk, has announced that it will comply with a Brazilian court order to block access to the social media platform X in Brazil. This decision follows a ruling by the Brazili...
Penpie Protocol Faces $27M Loss Due to Exploit
September 04, 2024 11:08 PM AEST| By Team Kalkine MediaCryptocurrency hacks have escalated dramatically, with over $1.21 billion stolen so far this year, marking a 15.5% increase from the previous year. The rise in exploits underscores growing vulnerabilities within the crypto space.,On September 3, the...
Bitcoin Price Weakens as Miner Profits Decline and Spot BTC Outflows
September 04, 2024 11:07 PM AEST| By Team Kalkine MediaBitcoin has dropped more than 10% over the past two weeks, with its price falling from $64,190 to $57,800 as of September 3. This decline comes despite the S&P 500 index being just 2% shy of its all-time high and gold trading close to its historical...
FTC Reports 1,000% Surge in Crypto Scams Involving Bitcoin ATM
September 04, 2024 11:06 PM AEST| By Team Kalkine MediaScams involving Bitcoin ATMs have surged dramatically, with the Federal Trade Commission (FTC) reporting a tenfold increase in such incidents since 2020. Fraudsters are exploiting the anonymity and speed of cryptocurrency transactions, deceiving vict...
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Coinbase CLO Expresses Optimism About Harris Campaign Engagement
September 04, 2024 11:05 PM AEST| By Team Kalkine MediaWith just 63 days remaining until the US presidential election and early voting commencing in September, cryptocurrency enthusiasts face a crucial choice between Kamala Harris and Donald Trump. Both candidates have made efforts to engage with the cry...
FBI Alerts on North Korean Social Engineering Tactics Targeting Cryptocurrency
September 04, 2024 11:04 PM AEST| By Team Kalkine MediaThe Federal Bureau of Investigation (FBI) has issued a warning about North Korean cyber actors who are using deceptive tactics to steal cryptocurrency from users. In a notice released on September 3, the FBI highlighted the ongoing threat posed by No...
Bitcoin and Stocks Decline After Bank of Japan Rate Hike
September 04, 2024 11:03 PM AEST| By Team Kalkine MediaBitcoin's price has stumbled at the start of the week, dropping 6.5% over the past seven days and continuing its decline on September 3. The downturn coincided with a sharp sell-off in equities markets, where the DOW fell by 1.2%, the S&P 500 decreas...
Sky's Maker Stablecoin Freeze Process May Be Decided by Decentralized Court
September 04, 2024 11:02 PM AEST| By Team Kalkine MediaSky, formerly known as Maker, is exploring a novel approach for its stablecoin, USDS, which might include a decentralized court-like appeals process if its freeze feature is implemented. Rune Christensen, co-founder of Sky, discussed these possibilit...
SEC Charges Galois Capital Over FTX Crypto Custody
September 04, 2024 11:01 PM AEST| By Team Kalkine MediaThe U.S. Securities and Exchange Commission (SEC) has charged Galois Capital Management, a fund adviser, for alleged violations of its custody rule. According to a September 3 announcement, Galois is accused of mishandling client assets by holding in...
How much Bitcoin does the average whale possess?
September 04, 2024 11:01 PM AEST| By Team Kalkine MediaBitcoin's wealthiest investors and their influence on BTC price movements. Despite a notable 48% decrease in whale transactions worth $100,000 or more since March 2024, Bitcoin's price has declined by 20% over the same period. This shift in whale act...
Terraform Wallet Transfers $62M in BTC Amid Legal
September 04, 2024 10:59 PM AEST| By Team Kalkine MediaA wallet associated with Terraform Labs, co-founded by Do Kwon, has recently transferred over $62 million worth of Bitcoin, equivalent to more than 1,075,{Bitcoin},(BTC),. The transfer occurred on September 2, according to data from blockchain analyt...
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