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Radiant Capital’s $50M crypto hack underlines DeFi’s multisig dependence

Yesterday, lending platform Radiant Capital suffered a loss of over $50 million worth of crypto when the project’s multisig wallet was compromised. The incident offers a stark reminder of the importance of key management in the industry, and the potential for damage when signer addresses are compromised. According to blockchain security firm SlowMist, private keys to three of 11 addresses were compromised in order to “transfer ownership of the LendingPoolAddressesProvider contract to a malicious contract controlled by the attacker.” This was then used to drain lending markets on two networks: Arbitrum and BNB Chain. #ancilia_alerts It seems like something happen with @RDNTCapital contract on BSC. We have noticed several transferFrom user's account through the contract 0xd50cf00b6e600dd036ba8ef475677d816d6c4281. Please revoke your approval ASAP. It seems like the new implementation had… — Ancilia, Inc. (@AnciliaInc) October 16, 2024 Read more: Three DeFi hacks net $10 million

Is It Too Late To Buy NPCS? Non-Playable Coin Solana Price Surges 74% And This Might Be The Next Crypto To Explode

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The Non-Playable Coin Solana price skyrocketed 74% in the last 24 hours to trade at $0.03439 as of 3.30 a.m. EST on trading volume that soared 162% to $4.54 million. The project went live about 2.5 months ago and soon dropped before returning to the launch price around Oct. 7. About a week later the project started a surge that took its price up nearly 280% in a week, and it’s now up 800% in the past month. As the growth started, the NPCS project announced that it is pursuing a market cap of $1 billion and that it plans to go beyond that in due time. In the next 12 or so months, the project intends to work tirelessly to complete its roadmap, improve the fundamentals, and become a billion-dollar meme coin. The $NPCS Road to $1 Billion Dollar Marketcap and beyond is now clear. Over the next 12~ months we will be working tirelessly to complete the roadmap, improve the fundamentals, and become a billion dollar meme project. We are about to embark on a historic journey. Join us for… pi

Donald Trump’s WLFI token sale 96% short of $300 million goal

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Donald Trump’s new crypto project World Liberty Financial has faceplanted again after it was revealed that, three days into its public token offering, insiders sold less than 4% of their goal of 20 billion WLFI tokens. This news comes after researchers discovered that World Liberty hired workers from hacked crypto project Dough Finance, X (formerly Twitter) suspended the Rug Radio presenter who hosted its debut, and the website repeatedly crashed on its token sale day. World Liberty Financial’s website admits that it still hasn’t sold 19.2 billion of the tokens it had hoped to. Indeed, as of publication time, it has raised less than $12 million of the intended $300 million . Although insiders claimed to have whitelisted over 100,000 wallets for the initial coin offering (ICO), fewer than 10% of those wallets have participated. As disappointments proliferated, its team began damage control. The project cut its target for token sales to public buyers from 63% to 35%. It named i

Italy To Raise Capital Gains Tax On Bitcoin From 26% To 42%

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Italy will raise capital gains tax on Bitcoin (BTC) from 26% to 42%. The development could lead to crypto investors leaving the country or looking for other avenues. JUST IN: Italy to raise capital gain tax on #Bitcoin from 26% to 42%. — Watcher.Guru (@WatcherGuru) October 16, 2024 Also Read: Cardano Price Prediction: Will ADA Drop Below $0.25? Experts Weigh In Italy revealed its draft budgetary plan (DBP) on Wednesday, which included new revenue-raising plans. The move to increase Bitcoin (BTC) taxes comes with the nation’s decision to raise 0.2% of gross domestic product (GDP) or roughly 4 billion euros ($4.35 billion) in 2025. The country plans to raise money from new tax rules for banks, insurance products, and gaming business licenses. With a 42% capital gains tax on BTC, Italy is now among the highest-taxed nations in the world. Why is Italy Raising Taxes On Bitcoin? Inflation in the country fell below 1% in September, putting more pressure on the European Central Bank to cut in

Polkadot: How High Can DOT Surge In October 2024?

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After keeping a low profile for quite some time, Polkadot (DOT) was seen making a comeback. The price of the asset witnessed a major spike over the past week. DOT is up by nearly 7% throughout the last seven days. Earlier today, the altcoin was trading at a high of $4.52. But the asset saw a slight downtrend at press time and was trading at $4.42. Yet, its 24-hour price change remains at a positive 3.13%. Also Read: How High Will Dogecoin Rise If Donald Trump Wins? Polkadot’s Market Performance And Future Price Predictions Source Despite its latest spike, DOT remains a staggering 91% below its all-time high of $55. The Polkadot network’s daily trading volume saw an 18% spike, bringing the total to $153 million. Ali Martinez, a cryptocurrency expert, recently posted an optimistic, bullish X post for Polkadot. Martinez uses a resemblance between Fantom’s price action and Polkadot on the weekly chart to indicate the probability of a positive turnaround. In his forecast for Polkadot’s pric

Bitcoin Price Eyes $66K As BlackRock CEO Larry Fink Declares BTC A New Asset Class, And Investors Rush To This New Crypto With A 2,465% APY

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The Bitcoin price surged 2.7% in the last 24 hours to trade at $65.775 as of 3:20 a.m. EST on a 68% pump in trading volume to $43 billion. This surge follows comments by BlackRock CEO Larry Fink, who reaffirmed his belief that Bitcoin is a legitimate new asset class, bracketing the digital asset with gold. BREAKING: BlackRock CEO Larry Fink says neither Donald Trump nor Kamala Harris is a factor for crypto price as "we believe #Bitcoin is an asset class in itself." pic.twitter.com/HpBQtYvz8B — Altcoin Daily (@AltcoinDailyio) October 14, 2024 There was more good news for BTC with Bitcoin ETF (exchange-traded fund) inflows surging to $555.86 million on Oct. 14, a four-month high. Bitcoin Price Signals More Upside Ahead This BTC/SDT chart represents major technical Analysis indicators. From July through September 2024, an inverted head-and-shoulders formation is very apparent. This is often a bullish reversal pattern, where the head formed at approximately $54,500 whil

Mini Price Prediction: MINI Jumps 122% In A Week As Traders Turn To This New ICO That Offers Huge Staking Returns For DOGE, SHIB, And PEPE

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The Mini price surged 122% in a week and 3% in the last 24 hours to trade at $0.08601 as of 3 a.m. EST on trading volume that went up 18% to $11.4 million. The relatively new cat meme coin launched in May, and attracted quite a bit of attention recently thanks to a number of new listings, including on Solana’s Sol Index on Oct. 2. The project’s price took off from there, going from $0.01496 to its ATH at $0.09823 reached only a few hours ago, as the project stopped just shy of $0.1. Of course, the Sol Index listing was only a beginning. Only days later, HolderScan data said that mini reached 7,300 holders, a figure that has since skyrocketed to 12,225. Some on social media said MINI is a new Popcat, with some suggesting that it represents a second chance for those who missed the POPCAT hype in January and February. $MINI is the second chance for the people who missed $POPCAT in january / february. — NastyLab (@nastylab1) October 9, 2024 Over the last few days, the project prolo

Solana: Here's How High SOL Can Peak In September 2024

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Solana is one of the top trending tokens in the cryptocurrency market. The token forged its identity in 2024 and has since become incredibly popular as it evolved into a central chain harboring some of the famous meme coins. Given some of the latest developments surrounding the chain, here’s how high Solana can peak in October. Also Read: Warren Buffett’s Hidden Gem: Could This US Stock Hit $310 Soon? Solana: New Developments Source – Coinpedia Solana is currently trading at $151 and is bound to increase as new rumors surround the cryptocurrency token. According to a post by Santiment, the speculation regarding the corporate giant Apple building on Solana is spreading like wildfire on the internet, giving more hype to Solana’s price trajectory. At the same time, the token’s impeccable success in all domains fortifies its presence in cryptocurrency, making it a leading coin to keep an eye on. As the vast majority of crypto has enjoyed Friday gains, $SOL stands out as an asset seeing a

First Neiro On Ethereum Hits New All-Time High – Could $NEIRO Be The Next 100X Potential Meme Coin?

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Amidst a 2.58% rise in the global market cap, the First Neiro On Ethereum (NEIRO) has achieved a new all-time high (ATH), reaching $0.00219. $NEIRO is making waves as the first meme coin on the Ethereum blockchain, demonstrating a bullish trend in recent trading activity. The First Neiro On Ethereum ranks as the ninth most popular and actively traded meme coin. This week, it has significantly surpassed all other top 100 cryptocurrencies with a remarkable 41% increase. This article explores the future trajectory of $NEIRO’s price and whether it will continue to rise after reaching its ATH. $NEIRO Meme Coin Price Prediction As of this writing, the First Neiro On Ethereum is trading at $0.00210, boasting a market cap of $861.3 million and a 24-hour trading volume of $831.4 million. The price of $NEIRO has risen by 15% in the past 24 hours. Following a breakout from its resistance level, the coin achieved a new all-time high of $0.00219, showcasing its upward momentum. Support levels a

6 Best Cheap Crypto to Buy Now Under 1 Dollar – Beam, BitTorrent, VeChain, Bonk, Gala

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The cryptocurrency market saw a considerable portion of its value washed away yesterday. This unexplainable bearish sentiment has seen several investors investing in the best cheap crypto under 1 dollar to recoup losses. This reaction has caused several altcoins, including BTC, to exhibit price instability as it briefly sank below the $60,000 mark.  However, despite the dip resulting in sideways trends in the general market, savvy investors are taking advantage of the cheap prices of the tokens. Analysts have confirmed that the corrective rally will start with cheap crypto to buy under 1 dollar. 6 Best Cheap Crypto to Buy Now Under 1 Dollar Several low-priced tokens have outperformed high-cap tokens in price appreciation, with VeChain being a prime example. VeChain has demonstrated significant growth potential, providing substantial returns to early investors. Also, our thorough Analysis of a presale token, Pepe Unchained, highlights why this token is worth serious consideration.