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ZachXBT reported an attack involving Ripple, which resulted in the theft of 213 million XRPs. XRP, currently trading at $0.4976, fell by more than 5% following ZachXBT’s report on the hack. Chris Larsen and Brad Garlinghouse reiterated that the company wallets remain safe and not compromised. In a recent development in the Ripple ecosystem, co-founder Chris Larsen’s personal XRP accounts were hacked for about 213 million XRP, worth more than $110 million. While reports misinterpreted it as a Ripple-focused attack, CEO Brad Garlinghouse and Larsen reiterated that the Ripple wallets were not hacked. Given some irresponsible speculation and reporting, I want to reiterate that NO Ripple-managed wallets were compromised. Full stop. https://t.co/zxVeCH1Ut0 — Brad Garlinghouse (@bgarlinghouse) January 31, 2024 Crypto sleuth ‘ZachXBT’ shared an X post yesterday, claiming that Ripple had been hacked for 213 million XRP ($112.5 million). According to the post, th

The Wen price has plunged by 23% in the last 24 hours to trade at $0.00008629 as of 8:50 a.m. EST. Wen Price Prediction Looking to 1-hour WEN / USDT charts, we see that the price appears to be in a downtrend, as evidenced by the series of lower highs and lower lows. The Bollinger Bands are narrowing, which often indicates a period of lower volatility that might precede a significant price move. The price is also currently sitting just above the 20-period Simple Moving Average (SMA) on the Bollinger Bands, suggesting a potential area of short-term support or resistance. However, the price is headed below the 20-period SMA (Orange MACD line), indicating building bearish momentum. Additionally, the Relative Strength Index (RSI) is around 44, which is below the midpoint of 50. This indicates that momentum is currently more bearish than bullish, but it is not in the oversold territory (which would be indicated by an RSI below 30). On the other hand, wee see that the Moving Average Con

With the majority of assets in the cryptocurrency sector experiencing a price pullback, the trend seems to be particularly bearish for XRP. However, machine learning and artificial intelligence (AI) algorithms predict its recovery as soon as by the end of February. Indeed, the price of XRP could improve during February, ending up at $0.5436 on February 29, 2024, according to the projections by advanced price predict ion algorithms deployed at the crypto and stock analytics and predict ion platform CoinCodex and accessed by Finbold on January 31. XPR 1-month price prediction. Source: CoinCodex Should the above forecast, based on the historical XRP price dataset, i.e., the positive and negative trends in the past, prove correct, it means the sixth-largest asset in the crypto sector by market capitalization would be trading at a price 7.64% higher than currently. XRP price analysis Meanwhile, XRP was at press time changing hands at $0.505, which suggests a decline of 5.41% i

A widely followed crypto strategist is predicting bullish continuations for a handful of altcoins including Solana (SOL), Chainlink (LINK) and Polygon (MATIC). Analyst Michaël van de Poppe tells his 692,000 followers on the social media platform X that the native asset of the smart contract platform Solana looks primed for a move to the upside. According to the analyst, Solana’s consolidation period appears to have ended after SOL bounced from its recent low of around $79. “Looks likely we’ll be continuing towards $140.”  Source: Michaël van de Poppe/X At time of writing, SOL is worth $103, up over 6% in the past day. Looking at the native asset of the decentralized oracle Chainlink, Van de Poppe also thinks LINK is ripe for a burst to the upside. “This one is ready for $25 as it has been holding crucial levels.”  Source: Michaël van de Poppe/X At time of writing, LINK is worth $14.98, up over 2% in the last 24 hours. Next up is the native asset of the blo

Trending cryptos on the Ethereum chain indicate a market attempting to overcome the downtrend. The significant number of daily gainers and their percentage gains suggest optimism for the future of the crypto market. In the constantly shifting terrain of the cryptocurrency market, the Ethereum chain is experiencing an influx of top trending cryptos on DEXTools. Amidst this flurry of activity, we’ll narrow our focus to a select few. Also, we will examine their performance relative to the broader crypto market and uncover the promising prospects they offer. Most Trending Cryptos on Ethereum Chain Today The cryptocurrency market is attempting to recover from the recent pullback, with several coins making significant moves today. Bitcoin has faced downward pressure, stabilizing around $43,392.09 following the recent decline. However, tokens like Gigantix Wallet Token, Cellframe, and Aurox Token show bullish trends, diverging from the overall market pattern. While Bitcoin remains a cruci

As optimism returns to the cryptocurrency sector, Dogecoin (DOGE) is recovering as well, with the famous dog-themed meme crypto recording not just increases in price but also a staggering growth in terms of the number of new addressed added to the network. Indeed, the Dogecoin network has recorded an increase of 1,100% over the past week, with January 29 witnessing a record-breaking addition of 247,240 new DOGE addresses , marking an all-time high (ATH), as noted by crypto trading expert Ali Martinez in an X post on January 30. According to Martinez, a “sustained uptrend in network expansion could soon reflect positively on DOGE prices,” which means the 10th-largest asset in the crypto market could finally break the coveted $0.1 price mark, as it is currently trading around the $0.08 price range. Dogecoin addresses. Source: Ali Martinez Meanwhile, Dogecoin has managed to make a couple of people rich during 2023, increasing the number of addresses holding over $1 million worth of

Chainlink (LINK) saw a massive price spike in late 2023, hitting a high of $16.97 on Dec. 9, 2023. However, the token has seen lower highs and lower lows since. LINK is down by over 7% in the 14-day charts and 3.8% over the previous month. However, the asset price is up by a whopping 97.1% since January 2023. Source: CoinGecko Also Read: Chainlink Could Rally Over 100% to $34 in 2024: Predicts Analyst . Chainlink’s (LINK) rally in October 2023 followed Bitcoin’s (BTC) surge. Moreover, the project worked on a proof of concept with Vodafone’s Digital Asset Broker, further pushing LINK’s price. The project also unveiled a partnership with Australia and New Zealand Banking Group Limited (ANZ). Chainlink (LINK) price prediction for February 2024 Source – Phemex According to Changelly, LINK ’s price could hit $14.96 on Feb. 1, 2024, a rise of 2.26% from current levels. Moreover, the platform anticipates LINK to breach the $18 level by the first week of February, hitting $18.83

Digital asset investment products saw significant outflows last week, totalling $500 million. Analytics company CoinShares presented a report on the flow of funds in investment products based on crypto currencies from Jan. 20 to Jan. 26, 2024. According to available information, Grayscale Investments’ spot Bitcoin (BTC) ETF played a central role in the report. Over the week, the outflow of funds from the crypto fund exceeded $2.2 billion. At the same time, the total amount of withdrawn assets crossed the $5 billion mark. Source: CoinShares At the same time, the investment product of financial giant BlackRock continues to receive significant infusions, analysts say. Over the past week, the influx of funds amounted to $744 million. In second place in this indicator is the crypto fund of Fidelity Investments, which received financial injections of $643 million. In total, spot Bitcoin ETFs recorded an inflow of $1.84 billion. Moreover, since their launch on January 11, 2024,

eTukTuk, an eco-friendly crypto project, takes the lead in applying blockchain for a seamless shift to electric vehicles, contributing to the growth of local economies. The fast-paced world of crypto thrives on its ability to adapt and embrace new technologies, a project known as eTukTuk emerges as a noteworthy example. Dedicated to the electric vehicle (EV) sector, it seeks to pave a path towards financial and environmental sustainability with its comprehensive solutions. eTukTuk Transforming Transportation and Finance through Blockchain Innovation In the world of crypto, there are projects aiming to help people who don’t have access to traditional banking. One such project is eTukTuk (TUK), which stands out for its unique structure and specific goals. Using blockchain technology on Binance Chain, it operates with a sharing economy model for scalability, efficiency and security. In addition to providing eco-friendly vehicles and charging stations, eTuktuk pioneers digital transfor

Resonate partners with Kinto, a Layer 2 (L2) rollup leveraging Arbitrum Nitro technology and  settles on the Ethereum Mainnet with a primary focus on ensuring user safety and fortifying financial applications. Its comprehensive approach includes default integration of KYC, insurance, AML, and fraud monitoring at the blockchain level. Enhancing Security with Kinto’s KYC Check and Streamlined User Experience To ensure a secure environment, Kinto requires Know Your Customer (KYC) checks for participants. Transactions are limited to verified users, and Personally Identifiable Information (PII) is safeguarded by user-selected identity providers and managed by governance. Kinto offers a hassle-free user experience, granting access to crypto financial services sans browser extensions or private key storage, all thanks to its native account abstraction. Exploring the Key Features of Kinto Kinto is a platform that places great emphasis on enforcing KYC and AML protocols, while also offering bui

A joint report has outlined the status of the case between the SEC and Binance Holdings Ltd. The SEC claimed BAM is yet to produce some of the documents it considers crucial to the case. The joint status report shows that BAM does not believe there are gaps in its production. A joint status report has been filed in the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Binance Holdings Ltd. The report, filed on January 25, 2024, outlines the status of the case, focusing on discovery-related matters involving BAM Management U.S. Holdings Inc., BAM Trading Services Inc., and Binance, the defendants collectively being termed as “BAM”. In the initial part of the report termed BAM-Related Discovery, the SEC claimed BAM is yet to produce some of the documents it considers crucial to the case. According to the regulator, BAM has not produced any more documents since December 15, 2023, when it submitted its last status report. The joint s

A 3% jump in crypto’s total market cap signaled broad market gains, with Bitcoin weathering reduced sell pressure from Grayscale GBTC ETF outflows.  Bitcoin’s (BTC) charge above $41,000 on Jan. 26 bolstered market sentiment, triggering price appreciations for hundreds of cryptocurrencies. According to CoinMarketCap, some 10 tokens saw double-digit price increases in the last 24 hours.  Tokens include Bitcoin BRC-20 token 1000SATS (SATS) with a 21% jump. Conflux (CFX), the so-called ‘China’s Ethereum’ gained over 15% in second, while Ethereum Name Service (ENS) followed closely, increasing by 14%.  Conflux announced a Bitcoin L2 expected by mid-year. ENS received plaudits from Ethereum co-creator Vitalik Buterin in early January. Akash Network (AKT), Optimism (OP), Near Protocol (NEAR), Bonk (BONK), ORDI, Chiliz (CHZ), and OKB also featured among the day’s top gainers. Top gainers on Jan. 26 | Source: CoinMarketCap You might also like: Matrixport predicts challenging Q

As the United States Securities and Exchange Commission (SEC) and Ripple are trying to come to an agreement on the damages the blockchain company has to pay for the institutional sales of XRP that Judge Analisa Torres ruled were securities sales, another point of contention has appeared. Specifically, after the securities regulator filed on January 11 a motion to compel Ripple to produce financial statements for 2022 and 2023, as well as post-complaint institutional sales contracts, the cryptocurrency firm filed a reply and then a request for a sur-reply after the SEC filed its response to Ripple. In the most recent turn of events, Judge Sarah Netburn has granted Ripple its additional motion, as shared by a defense attorney and former federal prosecutor who is also a popular commentator on the case, James K. Filan, in a comment to his X post announcing the sur-reply request on January 26. Motion to file Sur-reply has been granted. — James K. Filan (@FilanLaw) January 26, 2024 M

The U.S. District Court of Maryland has issued a notice regarding the disposition of a substantial amount of Bitcoin from the former marketplace Silk Road, totaling over $131 million.  This action follows the court’s order in the case of U.S. v. Joseph Farace, where Bitcoin was seized from Ryan Farace and Shaun Bridges in 2021. Ryan France was sentenced to 54 months in prison earlier this year for laundering drug profits over the dark web, along with his father. Bridges was a U.S. Secret Service Special Agent, convicted back in 2015 for laundering drug money using Bitcoin over the notorious darknet market, Silk Road.  You might also like: Alameda gap is still haunting Bitcoin despite ETF approval The confiscated digital assets include 2,874 Bitcoins valued at approximately $129 million and 58 worth around $3 million. Both batches were seized back in 2021 in Memphis and Arlington.  The U.S. District Court has expressed its intention to sell the forfeited assets as direct

Amidst the proliferation of new meme coins in the crypto investment landscape, investors face the daunting task of identifying the most suitable meme coins to add to their portfolios. However, we’ve been able to curate a list of the three best meme coins investors should watch. Meme coins have emerged as a prominent trend in the crypto space. These digital tokens are cryptocurrencies built around internet memes or ideas, often originating as a simple joke. Despite their lighthearted origins, some meme coins have experienced significant value surges, achieving multi-billion dollar market caps. New and Best Meme Coins to Buy Homer is our best meme coin today. The token has maintained a positive trend in price in the last 30 days, surging by 98%. With this upswing, the project surpasses other meme tokens in the meme coin, ranking it the top gainer today. Meanwhile, Bitcoin Minetrix continues its remarkable progress by raising over $9 million in its presale. This article examines each