Exchange insists 2023 breach was reported to regulators and had limited impact Crypto.com has rejected claims that it secretly concealed a 2023 data breach involving user information, calling recent reports “unfounded” and “misinformation.” The controversy arose after a Bloomberg report cited Noah Urban, a member of the hacking group Scattered Spider, who alleged that the group gained access to a Crypto.com employee account before early 2023, exposing customer details. Blockchain investigator ZachXBT amplified the concerns, stating on X that Crypto.com had “covered up a breach that impacted the personal information of your users” and suggesting the exchange had been breached…
Author: Blockto Team
Market volatility returns as BTC faces heavy rejection near resistance levels Bitcoin (BTC) slipped to nearly $112,000 in recent trading, sparking renewed caution among traders as the asset retested a major support zone highlighted by market analysts. The move follows a sharp rejection from resistance above $118,000, where sellers regained control. The 4-hour chart shows Bitcoin breaking down from a parallel channel formation. After testing the red resistance zone near $118,000, BTC quickly reversed and dropped into the green support band around $113,000–$112,000. “Bitcoin continues to respect these technical levels,” said BITX market strategist. “The rejection from $118K was expected,…
Meme Coin Struggles to Hold Momentum After Recent Weakness BONK (BONK/USDT) slipped by over 6% in the past 24 hours, trading near $0.0000206, as bearish pressure dragged the price back toward its critical support levels. The meme coin, which had previously staged an impressive rebound in July, is once again testing investor confidence around the $0.0000200 demand zone. On the daily chart, BONK shows signs of consolidation after its sharp pullback from the $0.0000300–$0.0000320 resistance area. The green zone near $0.0000185–$0.0000200 has repeatedly acted as a floor, preventing deeper declines since early August. If BONK manages to hold above this…
Star Xu cites U.S. enforcement actions as industry awaits clearer rules OKX, one of the world’s largest cryptocurrency exchanges, has revealed it developed a decentralized perpetuals trading platform in 2023 but decided not to launch it due to regulatory risks. The disclosure came from Star Xu, OKX founder and CEO, in a recent post on X. Xu noted that OKX’s Web3 division had been experimenting with the platform since last year. “Hyperliquid proved that massive success in onchain perps can be achieved with very few employees. Now, more competitors like Aster are stepping into the space,” he said. Despite the…
ETH pulls back sharply, analysts highlight critical demand zone Ethereum (ETH) is facing heightened volatility after dropping to test the $4,000 support level, a zone that traders consider vital for sustaining its recent bullish momentum. The move marks one of ETH’s most significant retracements in weeks, sparking debate on whether buyers can defend this critical price region. The daily chart shows ETH retreating from recent highs near $4,800–$4,900, slipping into a deeper correction phase. The decline has now brought the asset directly into the $4,000–$4,150 demand zone, a level that acted as both resistance and support in past cycles. This…
Binance co-founder’s edutech venture gains momentum with $GIGGLE support Changpeng “CZ” Zhao’s Giggle Academy has attracted over $1.3 million in donations within just half a day of opening contributions, with a major boost coming from a newly launched memecoin called $GIGGLE. The initiative reflects growing interest in blending cryptocurrency with social impact projects, particularly in education. $1.3M in Donations Backed by Memecoin According to blockchain data, Giggle Academy’s donation address recorded more than 1,311 BNB, valued at over $1.3 million at the time of writing. A significant share of this came from Giggle Fund, which directs trading fees from the…
BitMEX co-founder cashes out weeks after predicting 126x surge Arthur Hayes, co-founder of BitMEX, has sold his entire holdings of Hyperliquid’s HYPE token, cashing in an estimated $823,000 profit. The move comes just weeks after his widely discussed prediction that HYPE could surge 126x within three years. On September 21, Hayes revealed that he sold all 96,628 HYPE tokens, securing a 19.2% gain according to on-chain data. “Need to pay my deposit on the new Rari 849 Testarossa,” he posted, referencing the luxury car that is expected to sell for up to $590,000. The sale surprised many in the crypto…
BTC struggles to hold momentum after rejection at resistance Bitcoin (BTC) slipped below $114,000 in early trading, signaling renewed pressure from sellers after the leading cryptocurrency failed to sustain gains above its recent highs. The move highlights ongoing volatility, as BTC faces challenges at upper resistance while buyers look to defend major support zones. The 4-hour chart shows that Bitcoin was previously moving inside a descending channel, with repeated rejections near the $118,000–$120,000 resistance area. After testing this supply zone last week, BTC has pulled back sharply, now trading around $114,400. The decline brings the price closer to the green…
Bitcoin advocate Jimmy Song has reignited a heated debate in the community, accusing Bitcoin Core developers of adopting a “fiat” mentality in their handling of the OP_Return upgrade. The upcoming Bitcoin Core 30 release removes the 80-byte OP_Return data limit, a change that allows unrestricted amounts of non-monetary data—such as inscriptions and metadata—to be stored on the Bitcoin blockchain. While supporters see this as expanding Bitcoin’s use cases, critics, including Jimmy Song, argue it introduces spam risk, higher storage burdens, and centralization pressures. Song’s Criticism Song accused developers of ignoring community concerns and using evasive arguments to justify the change.…
ETH breaks trendline, investors eye crucial levels for next move Ethereum (ETH) slid to around $4,200 after breaking below a rising trendline, raising concerns about whether the second-largest cryptocurrency can maintain its bullish structure. The move comes as ETH faces profit-taking at higher levels and mounting technical resistance zones. On the 4-hour chart, Ethereum recently tested the $4,450–$4,600 supply zone but failed to push higher, creating a rejection near the $4,800 level. Following that move, ETH lost momentum and dropped beneath its ascending trendline, a signal that bullish strength may be weakening in the short term. The current decline has…