GALA Token Faces $200 Million Security Breach

In a startling turn, the blockchain-based gaming platform Gala Games fell victim to a significant security breach, leading to the unauthorized minting of 5 billion GALA tokens, cumulatively valued at over $200 million. This incident, which unfolded on May 20, 2024, exposed the fragility of decentralized systems and the dire need for robust security measures….

GALA token

Bitcoin’s Price Nears All-Time Highs Amid $68,000 Resistance

Bitcoin’s price has tested resistance levels around $68,000 after a strong rally, leaving analysts divided. So what’s next for Bitcoin?  FIND OUT!! Bitcoin’s Technical Analysis and Resistance Levels Current Price Movements: Bitcoin (BTC) is seeing a lot of price changes, currently around $67,000. After a strong pressure that pushed Bitcoin’s price above $67,500, Bitcoin is now…

Summary of Crypto Events

Breaking : Telegram Founder Holds $7M Notcoin gift, Waiting for 100x Gain.

In a new development, the Telegram founder has insisted that he’ll hold on to his $7,000,000 worth of notcoin holding.  Notcoin’s Impact on the Gaming Industry Not’s accomplishment shows the growing trend of incorporating cryptocurrencies into the gaming sector. Its popularity and substantial value shows the increasing acceptance and use of cryptocurrencies in gaming. The…

Notcoin's Price

Breaking News On The Ripple Court Case and It’s Potential Impact On The Price Of XRP

The Ripple court case could favour the price of XRP if the defense strategy of Ripple is successful.  Court Filings and Defense Strategy In The Ripple Court Case In the Ripple court case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has requested to keep certain documents private. These documents include financial…

The Ripple Court Case, Price of XRP

Biden Bans Chinese Crypto Mining Company, Mineone, from Nuclear Base Vicinity

In a decisive move to safeguard national security, US President Joe Biden has mandated the relocation of property owned by a Chinese-backed cryptocurrency mining firm, MineOne Partners, situated perilously close to a strategic nuclear missile facility. The President’s directive comes amid escalating concerns over potential intelligence activities and the positioning of foreign-owned real estate near…

US President Bans Chinese Crypto Mining Company, mineone from Nuclear Base Vicinity

Breaking : Binance Exchange Accuses The Nigerian Government of Demanding $150 Million Bribe In Crypto

In a new development Binance exchange has accused the Nigerian government of bribery and corruption.  Legal Implications for Binance Exchange and The Nigerian Government  The recent accusation by Binance exchange, a global cryptocurrency exchange, against the Nigerian officials alleging a demand for a $150 million cryptocurrency bribe could lead to significant legal repercussions. The Nigerian officials…

Binance executive, The SEC

Poloniex Hacker Uses Tornado Cash to Launder Millions

The cryptocurrency community is facing renewed scrutiny concerning security as hackers have laundered $7 million through Tornado Cash, a crypto mixer known for its role in clouding the origins of digital assets. The funds in question were siphoned off from two major cryptocurrency platforms, Poloniex and Kronos Research, and subsequently funneled through Tornado Cash in…

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