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White Hats Swipe $5.7M in NFTs Before Attackers Get Their Shot

A wallet suddenly pulled thousands of NFTs from hundreds of owners for 0 ETH early Friday, setting off alarms around Magic Eden. Except the wallet belonged to a white-hat rescue operation. Yuga Labs’ 0xQuit says the team ultimately secured 23,155 NFTs worth more than $5.7 million after discovering a bug involving old Limit Break Payment […] from Bitcoin News https://ift.tt/jwKHzaP
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Bitcoin Price Near $84K as Macro Pressures Weigh on Sentiment

Bitcoin traded primarily between $84,000 and $85,000 on Friday, following an earlier weekly high above $87,000. Intraday swings saw the price dip to $83,229 before stabilizing around $84,000. Intraday Reversals Drive $71M in Liquidations Bitcoin traded mostly in the $84,000-to-$85,000 range on Friday before a sudden volatility spike pushed its price near $83,000. After losing […] from Bitcoin News https://ift.tt/sfemvnP
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Fed’s Proposed Stablecoin Rules Put GENIUS Act’s Dollar Test to Work

The Federal Reserve is proposing a rulebook for bank-issued payment stablecoins that gets strikingly specific. Basically, every $1 of tokens must be backed by at least $1 of permitted reserves, customers generally must be redeemable within two business days, and an issuer that stays short of required capital could ultimately be forced to liquidate its […] from Bitcoin News https://ift.tt/QBS23bI
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Bitcoin Flashes Signal Seen at Start of 2019 and 2023 Bull Markets

A bitcoin momentum indicator has crossed a threshold that Glassnode also observed near the start of the 2019 and 2023 bull markets. The historical comparison strengthens the case for a recovery, though bitcoin still faces a test of demand. Bitcoin Signal Recalls Earlier Bull Markets Bitcoin has regained a momentum threshold that appeared near the […] from Bitcoin News https://ift.tt/ip4jhgc
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Iran’s 7-Day Hormuz Proposal Hits an Already Nervous Market

The United States and Iran are reportedly discussing a phased arrangement that could reopen the Strait of Hormuz within roughly seven days in exchange for easing Washington’s blockade of Iranian ports, according to Reuters. No deal has been signed, and markets aren’t waiting around. Brent crude is hovering near $104, U.S. stocks are mixed, Treasury […] from Bitcoin News https://ift.tt/uBR5dsC
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Crypto Casino Duelbits Hit With $7M Hack, Taken Offline

Duelbits, a crypto-fueled online casino platform, confirmed Thursday that it was the target of a hack that drained approximately $7 million worth of funds from its hot wallets. The platform is currently offline pending completion of an investigation. Duelbits Taken Offline Following Heist A Duelbits founder who goes by the name Joe confirmed the hack […] from Bitcoin News https://ift.tt/UOH3KvC
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Solana DEX Trades Top NYSE With 208M Weekly Transactions

Solana decentralized exchanges processed about 208 million spot trades in the week ending Sept. 13, surpassing the NYSE’s roughly 190 million transactions for the first time. The milestone does not make Solana larger than Wall Street in economic value, but it shows how quickly onchain trading activity is scaling. Solana Narrows Nasdaq Gap as Weekly […] from Bitcoin News https://ift.tt/wE9pYSx
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