Top Cardano (ADA) Price Predictions as of Late
• Cardano's price has dropped 65% over the past year, currently trading around $0.25, with some analysts predicting a potential resurgence despite ongoing bear market conditions.
• Analysts suggest that ADA is at a critical "make-or-break" level around $0.243, which could lead to a price increase to $0.30 or a drop to $0.10 if lost.
• Negative exchange netflows indicate that investors are moving ADA to self-custody, reducing immediate selling pressure and potentially stabilizing the asset.
https://cryptopotato.com/top-cardano-ada-price-predictions-as-of-late-7/
• Cardano's price has dropped 65% over the past year, currently trading around $0.25, with some analysts predicting a potential resurgence despite ongoing bear market conditions.
• Analysts suggest that ADA is at a critical "make-or-break" level around $0.243, which could lead to a price increase to $0.30 or a drop to $0.10 if lost.
• Negative exchange netflows indicate that investors are moving ADA to self-custody, reducing immediate selling pressure and potentially stabilizing the asset.
https://cryptopotato.com/top-cardano-ada-price-predictions-as-of-late-7/
CryptoPotato
Top Cardano (ADA) Price Predictions as of Late
"Whoever thinks Cardano is dead has clearly not been through other bear markets," one analyst argued.
Ripple (XRP) Drops Major Announcement for Middle East and Africa Clients
• Ripple has established a regional headquarters in Dubai's International Financial Center to enhance its presence in the Middle East and Africa.
• The expansion signals confidence in Dubai as a global blockchain hub and aims to meet the growing demand for regulated blockchain payment solutions.
• Ripple's new office will support existing clients and partners in the region, reflecting its commitment to the area's increasing importance in its global growth strategy.
https://cryptopotato.com/ripple-xrp-drops-major-announcement-for-middle-east-and-africa-clients/
• Ripple has established a regional headquarters in Dubai's International Financial Center to enhance its presence in the Middle East and Africa.
• The expansion signals confidence in Dubai as a global blockchain hub and aims to meet the growing demand for regulated blockchain payment solutions.
• Ripple's new office will support existing clients and partners in the region, reflecting its commitment to the area's increasing importance in its global growth strategy.
https://cryptopotato.com/ripple-xrp-drops-major-announcement-for-middle-east-and-africa-clients/
CryptoPotato
Ripple (XRP) Drops Major Announcement for Middle East and Africa Clients
The company said the region has become one of its most important in the past several years.
Pi Network’s (PI) Rally Comes to an End With Massive 10% Daily Drop
• Pi Network's native token saw significant gains, rising from $0.17 to $0.20, but faced a sharp decline as market bears took control.
• The project's recent upgrades and successful verification tasks using AI contributed to its earlier performance, but resistance at $0.20 proved too strong.
• Analysts noted that the correction was exacerbated by high-leveraged long positions and overall market conditions following the FOMC meeting, though support remains above the 100-day moving average.
https://cryptopotato.com/pi-networks-pi-rally-comes-to-an-end-with-massive-10-daily-drop/
• Pi Network's native token saw significant gains, rising from $0.17 to $0.20, but faced a sharp decline as market bears took control.
• The project's recent upgrades and successful verification tasks using AI contributed to its earlier performance, but resistance at $0.20 proved too strong.
• Analysts noted that the correction was exacerbated by high-leveraged long positions and overall market conditions following the FOMC meeting, though support remains above the 100-day moving average.
https://cryptopotato.com/pi-networks-pi-rally-comes-to-an-end-with-massive-10-daily-drop/
CryptoPotato
Pi Network's (PI) Rally Comes to an End With Massive 10% Daily Drop
PI was brutally rejected at $0.20.
Pi Network’s PI and WLFI Dump the Most, BTC Recovers From Post-FOMC Dip: Market Watch
• BTC dipped to just under $75,000 after the Fed's FOMC meeting but rebounded to around $78,000, maintaining a market cap of $1.520 trillion.
• Ethereum and HYPE experienced significant losses, with ETH down about 3% and HYPE losing support at $40, while RAIN surged by 6%.
• The total cryptocurrency market cap fell by over $60 billion, now sitting at $2.620 trillion, with WLFI and Pi Network's tokens suffering the largest declines among larger-cap alts.
https://cryptopotato.com/pi-networks-pi-and-wlfi-dump-the-most-btc-recovers-from-post-fomc-dip-market-watch/
• BTC dipped to just under $75,000 after the Fed's FOMC meeting but rebounded to around $78,000, maintaining a market cap of $1.520 trillion.
• Ethereum and HYPE experienced significant losses, with ETH down about 3% and HYPE losing support at $40, while RAIN surged by 6%.
• The total cryptocurrency market cap fell by over $60 billion, now sitting at $2.620 trillion, with WLFI and Pi Network's tokens suffering the largest declines among larger-cap alts.
https://cryptopotato.com/pi-networks-pi-and-wlfi-dump-the-most-btc-recovers-from-post-fomc-dip-market-watch/
CryptoPotato
Pi Network's PI and WLFI Dump the Most, BTC Recovers From Post-FOMC Dip: Market Watch
WLFI, PI, and DEXE have plunged by double-digits in the past 24 hours.
The $23 Billion Catalyst: Why XRP Social Sentiment Just Hit a 2-Year High
• Rakuten has launched a feature allowing 44 million users to convert loyalty points into XRP, generating significant online buzz and marking XRP's second-highest bullish sentiment in two years.
• The Rakuten Wallet enables users to trade XRP and spend it at over five million merchant locations in Japan, with promotional campaigns encouraging larger purchases.
• Despite the excitement, analytics firm Santiment advises caution, noting that such integrations may not lead to immediate price increases, as XRP has seen a 55% decline over the past nine months.
https://cryptopotato.com/the-23-billion-catalyst-why-xrp-social-sentiment-just-hit-a-2-year-high/
• Rakuten has launched a feature allowing 44 million users to convert loyalty points into XRP, generating significant online buzz and marking XRP's second-highest bullish sentiment in two years.
• The Rakuten Wallet enables users to trade XRP and spend it at over five million merchant locations in Japan, with promotional campaigns encouraging larger purchases.
• Despite the excitement, analytics firm Santiment advises caution, noting that such integrations may not lead to immediate price increases, as XRP has seen a 55% decline over the past nine months.
https://cryptopotato.com/the-23-billion-catalyst-why-xrp-social-sentiment-just-hit-a-2-year-high/
CryptoPotato
The $23 Billion Catalyst: Why XRP Social Sentiment Just Hit a 2-Year High
The Rakuten launch sits alongside deals with South Korea's KBank, Kyobo Life Insurance, and an RLUSD listing across 280+ pairs on OKX.
Making 48,000x Return on Shiba Inu (SHIB) Investment: Lucky Trader’s Crazy Story
• An anonymous trader turned a $13,760 investment in Shiba Inu (SHIB) into over $660 million, achieving a 48,000x return by strategically buying and selling large quantities of the token.
• SHIB's price has fallen 53% over the past year, with its market cap dropping below $4 billion, as it loses its position as the second-largest meme coin to MemeCore (M).
• Declining transaction activity on Shibarium, a 26% drop in SHIB's burn rate, and increased balances on exchanges indicate potential further price declines and selling pressure.
https://cryptopotato.com/making-48000x-return-on-shiba-inu-shib-investment-lucky-traders-crazy-story/
• An anonymous trader turned a $13,760 investment in Shiba Inu (SHIB) into over $660 million, achieving a 48,000x return by strategically buying and selling large quantities of the token.
• SHIB's price has fallen 53% over the past year, with its market cap dropping below $4 billion, as it loses its position as the second-largest meme coin to MemeCore (M).
• Declining transaction activity on Shibarium, a 26% drop in SHIB's burn rate, and increased balances on exchanges indicate potential further price declines and selling pressure.
https://cryptopotato.com/making-48000x-return-on-shiba-inu-shib-investment-lucky-traders-crazy-story/
CryptoPotato
Making 48,000x Return on Shiba Inu (SHIB) Investment: Lucky Trader's Crazy Story
The investor's total profit (including unrealized gains) equals more than $660 million.
XRP and SOL Holders Get New Perk With Nexo’s Zero-Interest Credit
• Nexo expands its Zero-interest Credit (ZiC) product to Solana (SOL) and Ripple (XRP) holders, allowing them to use their assets as collateral for loans at a 0% APR.
• The ZiC product offers stablecoin liquidity without the risk of liquidation during the loan term and has previously generated over $170 million in loan volume with Bitcoin and Ether.
• The new collateral options for SOL and XRP will operate at a 30% loan-to-value ratio, with a minimum deposit requirement of 100 SOL or 5,000 XRP.
https://cryptopotato.com/xrp-and-sol-holders-get-new-perk-with-nexos-zero-interest-credit/
• Nexo expands its Zero-interest Credit (ZiC) product to Solana (SOL) and Ripple (XRP) holders, allowing them to use their assets as collateral for loans at a 0% APR.
• The ZiC product offers stablecoin liquidity without the risk of liquidation during the loan term and has previously generated over $170 million in loan volume with Bitcoin and Ether.
• The new collateral options for SOL and XRP will operate at a 30% loan-to-value ratio, with a minimum deposit requirement of 100 SOL or 5,000 XRP.
https://cryptopotato.com/xrp-and-sol-holders-get-new-perk-with-nexos-zero-interest-credit/
CryptoPotato
XRP and SOL Holders Get New Perk With Nexo’s Zero-Interest Credit
Nexo’s ZiC gives crypto holders access to stablecoin liquidity at 0% interest for a fixed duration, with no risk of forced liquidation.
Bitcoin Price Analysis: Has BTC Run Out of Steam After Rejection at $80K?
• Bitcoin closed April at $76k, with a recovery from February's low of $60k characterized by orderly consolidation rather than explosive growth, and is currently retesting key support levels.
• The daily chart indicates that as long as Bitcoin holds above $75k, it could bounce back towards $80k and potentially test higher resistance levels, while a drop below $74k would signal a shift towards lower support zones.
• Futures market activity shows a significant increase in whale orders near the $75k level, suggesting institutional confidence in a price rebound, indicating a potential upward move rather than a continuation of the correction.
https://cryptopotato.com/bitcoin-price-analysis-has-btc-run-out-of-steam-after-rejection-at-80k/
• Bitcoin closed April at $76k, with a recovery from February's low of $60k characterized by orderly consolidation rather than explosive growth, and is currently retesting key support levels.
• The daily chart indicates that as long as Bitcoin holds above $75k, it could bounce back towards $80k and potentially test higher resistance levels, while a drop below $74k would signal a shift towards lower support zones.
• Futures market activity shows a significant increase in whale orders near the $75k level, suggesting institutional confidence in a price rebound, indicating a potential upward move rather than a continuation of the correction.
https://cryptopotato.com/bitcoin-price-analysis-has-btc-run-out-of-steam-after-rejection-at-80k/
CryptoPotato
Bitcoin Price Analysis: Has BTC Run Out of Steam After Rejection at $80K?
Bitcoin is closing out April at $76k, ending the month exactly where the technical battle lines are drawn. The recovery from the February low near $60k
World Liberty Financial (WLFI) Plunges to New ATL: Has Trump’s Family Ruined Crypto?
• Leading cryptocurrencies like Bitcoin and Ethereum experienced minor price declines, while World Liberty Financial (WLFI) plummeted 16% to an all-time low of around $0.06.
• A controversial governance proposal affecting over 62 billion locked WLFI tokens has garnered 99.94% support, with voting open until May 6.
• WLFI faces backlash due to its association with Donald Trump, a lawsuit from Justin Sun over token freezing, and connections to a suspected fraud syndicate.
https://cryptopotato.com/world-liberty-financial-wlfi-plunges-to-new-atl-has-trumps-family-ruined-crypto/
• Leading cryptocurrencies like Bitcoin and Ethereum experienced minor price declines, while World Liberty Financial (WLFI) plummeted 16% to an all-time low of around $0.06.
• A controversial governance proposal affecting over 62 billion locked WLFI tokens has garnered 99.94% support, with voting open until May 6.
• WLFI faces backlash due to its association with Donald Trump, a lawsuit from Justin Sun over token freezing, and connections to a suspected fraud syndicate.
https://cryptopotato.com/world-liberty-financial-wlfi-plunges-to-new-atl-has-trumps-family-ruined-crypto/
CryptoPotato
World Liberty Financial (WLFI) Plunges to New ATL: Has Trump's Family Ruined Crypto?
Earlier today, WLFI plummeted to an all-time low after a 16% daily crash.
Crypto Apathy Matches 2019 Lows: Analyst Calls it a Buy Setup
• Crypto analyst Flood compares the current apathy in the sector to the lows of 2019-2022, attributing it to years of scams and a toxic environment.
• He suggests that while some are moving towards AI investments, those who remain in crypto may find asymmetric risk-reward opportunities due to reduced competition.
• Flood believes Bitcoin will experience a sharp repricing this year, positioning companies that continue to develop during the downturn for better success in the future.
https://cryptopotato.com/crypto-apathy-matches-2019-lows-analyst-calls-it-a-buy-setup/
• Crypto analyst Flood compares the current apathy in the sector to the lows of 2019-2022, attributing it to years of scams and a toxic environment.
• He suggests that while some are moving towards AI investments, those who remain in crypto may find asymmetric risk-reward opportunities due to reduced competition.
• Flood believes Bitcoin will experience a sharp repricing this year, positioning companies that continue to develop during the downturn for better success in the future.
https://cryptopotato.com/crypto-apathy-matches-2019-lows-analyst-calls-it-a-buy-setup/
CryptoPotato
Crypto Apathy Matches 2019 Lows: Analyst Calls it a Buy Setup
Capital that would have stayed in crypto is rotating into AI, which may thin the competition for those who remain.
Chainlink (LINK) Might be Gearing up for a Huge Move: Here’s Why
• Chainlink (LINK) has been trading between $9 and $9.50, with Bollinger Bands indicating potential volatility ahead.
• Analysts suggest a bullish outlook, with whale accumulation and a significant decrease in tokens on exchanges supporting a price increase.
• Predictions indicate that a move above $9.55 could lead to further bullish momentum, while a drop below may result in random price movements.
https://cryptopotato.com/chainlink-link-might-be-gearing-up-for-a-huge-move-heres-why/
• Chainlink (LINK) has been trading between $9 and $9.50, with Bollinger Bands indicating potential volatility ahead.
• Analysts suggest a bullish outlook, with whale accumulation and a significant decrease in tokens on exchanges supporting a price increase.
• Predictions indicate that a move above $9.55 could lead to further bullish momentum, while a drop below may result in random price movements.
https://cryptopotato.com/chainlink-link-might-be-gearing-up-for-a-huge-move-heres-why/
CryptoPotato
Chainlink (LINK) Might be Gearing up for a Huge Move: Here's Why
Major rally or a painful decline: what's next for LINK?
Analyst Says Gensler Exit Hurt Crypto Trust, Warns Powell Could Too
• Analyst Benjamin Cowen attributes the decline in crypto trust since early 2025 to Gary Gensler's departure from the SEC, which he believes led to a lack of accountability for bad actors in the market.
• Cowen warns that the anticipated exit of Fed Chair Jerome Powell could similarly undermine trust in traditional markets, as a compliant Fed may erode its independence.
• The timeline for expected rate cuts has shifted to 2027 due to persistent energy-side inflation, complicating the market's optimistic outlook despite changes in Fed leadership.
https://cryptopotato.com/analyst-says-gensler-exit-hurt-crypto-trust-warns-powell-could-too/
• Analyst Benjamin Cowen attributes the decline in crypto trust since early 2025 to Gary Gensler's departure from the SEC, which he believes led to a lack of accountability for bad actors in the market.
• Cowen warns that the anticipated exit of Fed Chair Jerome Powell could similarly undermine trust in traditional markets, as a compliant Fed may erode its independence.
• The timeline for expected rate cuts has shifted to 2027 due to persistent energy-side inflation, complicating the market's optimistic outlook despite changes in Fed leadership.
https://cryptopotato.com/analyst-says-gensler-exit-hurt-crypto-trust-warns-powell-could-too/
CryptoPotato
Analyst Says Gensler Exit Hurt Crypto Trust, Warns Powell Could Too
Benjamin Cowen sees a risk that a more politically aligned Federal Reserve could weaken confidence even if markets get lower rates.
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Bitcoin Structure Mirrors 2022 Bottom – But There’s a Big Catch
• Bitcoin's current price structure resembles the 2022 bottoming cycle, indicating potential for both upward movement and significant rejection.
• Whales have recently sent over 10,000 BTC to exchanges, suggesting a possible pre-sale phase that could hinder Bitcoin's price progress.
• Despite recent whale activity, Bitcoin experienced its largest monthly gains since April 2025, rising by 11.87% in April.
https://cryptopotato.com/bitcoin-structure-mirrors-2022-bottom-but-theres-a-big-catch/
• Bitcoin's current price structure resembles the 2022 bottoming cycle, indicating potential for both upward movement and significant rejection.
• Whales have recently sent over 10,000 BTC to exchanges, suggesting a possible pre-sale phase that could hinder Bitcoin's price progress.
• Despite recent whale activity, Bitcoin experienced its largest monthly gains since April 2025, rising by 11.87% in April.
https://cryptopotato.com/bitcoin-structure-mirrors-2022-bottom-but-theres-a-big-catch/
CryptoPotato
Bitcoin Structure Mirrors 2022 Bottom - But There’s a Big Catch
Actually, there might be more than one signal suggesting BTC could be heading for another correction soon.
Bithumb Wins Temporary Lifeline as Court Halts Six-Month Ban
• A South Korean court has temporarily suspended a six-month business ban on crypto exchange Bithumb, allowing the platform to contest regulatory actions.
• The Financial Intelligence Unit had previously imposed the suspension and a fine of 36.8 billion won due to alleged violations of financial regulations, including customer identity verification failures.
• Bithumb is also dealing with a separate legal issue regarding a payout error where Bitcoin was mistakenly distributed instead of Korean won during a promotional event, leading to a court request to freeze unreturned assets.
https://cryptopotato.com/bithumb-wins-temporary-lifeline-as-court-halts-six-month-ban/
• A South Korean court has temporarily suspended a six-month business ban on crypto exchange Bithumb, allowing the platform to contest regulatory actions.
• The Financial Intelligence Unit had previously imposed the suspension and a fine of 36.8 billion won due to alleged violations of financial regulations, including customer identity verification failures.
• Bithumb is also dealing with a separate legal issue regarding a payout error where Bitcoin was mistakenly distributed instead of Korean won during a promotional event, leading to a court request to freeze unreturned assets.
https://cryptopotato.com/bithumb-wins-temporary-lifeline-as-court-halts-six-month-ban/
CryptoPotato
Bithumb Wins Temporary Lifeline as Court Halts Six-Month Ban
Bithumb gained temporary relief after a court halted sanctions imposed over compliance failures.
Bitcoin Ended April With Biggest Monthly Gains in a Year: What’s Next?
• Bitcoin experienced its best month in a year with an 11.87% surge in April, following a prolonged negative trading period.
• Ethereum also showed positive performance, increasing by 7.3% in April, marking its second-best month since 2016.
• Historical trends suggest May could be favorable for both cryptocurrencies, but past performance may not predict future outcomes amid ongoing global uncertainties.
https://cryptopotato.com/bitcoin-ended-april-with-biggest-monthly-gains-in-a-year-whats-next/
• Bitcoin experienced its best month in a year with an 11.87% surge in April, following a prolonged negative trading period.
• Ethereum also showed positive performance, increasing by 7.3% in April, marking its second-best month since 2016.
• Historical trends suggest May could be favorable for both cryptocurrencies, but past performance may not predict future outcomes amid ongoing global uncertainties.
https://cryptopotato.com/bitcoin-ended-april-with-biggest-monthly-gains-in-a-year-whats-next/
CryptoPotato
Bitcoin Ended April With Biggest Monthly Gains in a Year: What's Next?
Ethereum also ended April in the green, reinforcing the gains from March.
Crypto Price Analysis May-01: ETH, XRP, ADA, BNB, and HYPE
• Ethereum (ETH) closed down 3% at $2,400 resistance, needing to break above this level for a sustained rally towards $2,800; failure could lead to a drop to $2,000.
• Ripple (XRP) fell 5% after failing to maintain $1.4 support, remaining flat between $1.6 and $1.3, with potential for new lows targeting $1 if sellers gain control.
• Cardano (ADA) lost 2% and struggles to break above $0.24, with bearish momentum suggesting a possible drop below this level towards a key target of $0.20.
https://cryptopotato.com/crypto-price-analysis-may-01-eth-xrp-ada-bnb-and-hype/
• Ethereum (ETH) closed down 3% at $2,400 resistance, needing to break above this level for a sustained rally towards $2,800; failure could lead to a drop to $2,000.
• Ripple (XRP) fell 5% after failing to maintain $1.4 support, remaining flat between $1.6 and $1.3, with potential for new lows targeting $1 if sellers gain control.
• Cardano (ADA) lost 2% and struggles to break above $0.24, with bearish momentum suggesting a possible drop below this level towards a key target of $0.20.
https://cryptopotato.com/crypto-price-analysis-may-01-eth-xrp-ada-bnb-and-hype/
CryptoPotato
Crypto Price Analysis May-01: ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed the week in the red,
Pi Network (PI) Price Volatility, Ripple (XRP) Whales on the Move, and More: Bits Recap May 1
• Pi Network's native token experienced significant price fluctuations, briefly reaching $0.20 before dropping to around $0.18, influenced by community enthusiasm and recent upgrades.
• Ripple's XRP saw a 4% decline over the week, with large investors selling 1.1 billion tokens, raising concerns about potential further downtrends.
• An anonymous trader made nearly $5 million by selling 800 billion SHIB tokens, while still holding a substantial amount, amidst a declining market for the token.
https://cryptopotato.com/pi-network-pi-price-volatility-ripple-xrp-whales-on-the-move-and-more-bits-recap-may-1/
• Pi Network's native token experienced significant price fluctuations, briefly reaching $0.20 before dropping to around $0.18, influenced by community enthusiasm and recent upgrades.
• Ripple's XRP saw a 4% decline over the week, with large investors selling 1.1 billion tokens, raising concerns about potential further downtrends.
• An anonymous trader made nearly $5 million by selling 800 billion SHIB tokens, while still holding a substantial amount, amidst a declining market for the token.
https://cryptopotato.com/pi-network-pi-price-volatility-ripple-xrp-whales-on-the-move-and-more-bits-recap-may-1/
CryptoPotato
Pi Network (PI) Price Volatility, Ripple (XRP) Whales on the Move, and More: Bits Recap May 1
Here's everything most interesting surrounding PI, XRP, and SHIB.
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Bitcoin Halted at $80K as US Fed and ECB Hold Interest Rates Steady: Your Weekly Crypto Recap
• Bitcoin experienced volatility, trading between $76,000 and $79,500, ultimately ending April with a double-digit increase for the first time in nearly a year.
• Major economic events included the FOMC meeting and unchanged interest rates from both the Fed and ECB, impacting market sentiment.
• Notable developments included a significant BTC purchase by a corporate holder, Ripple's expansion in the Middle East, and concerns over investor confidence following regulatory changes.
https://cryptopotato.com/bitcoin-halted-at-80k-as-us-fed-and-ecb-hold-interest-rates-steady-your-weekly-crypto-recap/
• Bitcoin experienced volatility, trading between $76,000 and $79,500, ultimately ending April with a double-digit increase for the first time in nearly a year.
• Major economic events included the FOMC meeting and unchanged interest rates from both the Fed and ECB, impacting market sentiment.
• Notable developments included a significant BTC purchase by a corporate holder, Ripple's expansion in the Middle East, and concerns over investor confidence following regulatory changes.
https://cryptopotato.com/bitcoin-halted-at-80k-as-us-fed-and-ecb-hold-interest-rates-steady-your-weekly-crypto-recap/
CryptoPotato
Bitcoin Halted at $80K as US Fed and ECB Hold Interest Rates Steady: Your Weekly Crypto Recap
The ECB followed the Fed's example a day later, but it hinted about a hike in June.
Major Price Declines for These Altcoins as Binance Removes 23 Assets: Details Inside
• Binance delisted 23 altcoins that did not meet its standards, leading to significant price drops for the affected tokens.
• Notable tokens impacted include BUBB, which saw a nearly 50% decline in value within 24 hours.
• Binance continues to adapt its platform by adding new trading pairs while reminding users to conduct thorough research on volatile assets.
https://cryptopotato.com/major-price-declines-for-these-altcoins-as-binance-removes-23-assets-details-inside/
• Binance delisted 23 altcoins that did not meet its standards, leading to significant price drops for the affected tokens.
• Notable tokens impacted include BUBB, which saw a nearly 50% decline in value within 24 hours.
• Binance continues to adapt its platform by adding new trading pairs while reminding users to conduct thorough research on volatile assets.
https://cryptopotato.com/major-price-declines-for-these-altcoins-as-binance-removes-23-assets-details-inside/
CryptoPotato
Major Price Declines for These Altcoins as Binance Removes 23 Assets: Details Inside
BUBB - one of the affected tokens - crashed by 50% in a matter of a single day.
Old Ethereum Wallets Drained in Coordinated Attack, Losses Pass $800K
• Hundreds of dormant Ethereum wallets were drained in a coordinated attack, with losses exceeding $800,000, primarily affecting wallets inactive for seven years or more.
• Analysts believe the attack is linked to old secret keys and weak key generation processes rather than smart contract vulnerabilities, indicating a long-term security issue.
• April 2023 has been marked as a particularly disastrous month for DeFi security, with approximately $635 million lost across various exploits, including significant incidents like the KelpDAO exploit.
https://cryptopotato.com/old-ethereum-wallets-drained-in-coordinated-attack-losses-pass-800k/
• Hundreds of dormant Ethereum wallets were drained in a coordinated attack, with losses exceeding $800,000, primarily affecting wallets inactive for seven years or more.
• Analysts believe the attack is linked to old secret keys and weak key generation processes rather than smart contract vulnerabilities, indicating a long-term security issue.
• April 2023 has been marked as a particularly disastrous month for DeFi security, with approximately $635 million lost across various exploits, including significant incidents like the KelpDAO exploit.
https://cryptopotato.com/old-ethereum-wallets-drained-in-coordinated-attack-losses-pass-800k/
CryptoPotato
Old Ethereum Wallets Drained in Coordinated Attack, Losses Pass $800K
Most of the drained wallets were targeted for old, compromised keys that have been sitting exposed for years.