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Showing posts from June, 2024

US Government Moves 3,940 BTC To Coinbase: What to Know

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  The blockchain analytics firm Lookonchain reported that a wallet moved 3,940 BTC, valued at $241 million, to Coinbase hours after the German government moved 750 BTC to an unknown destination. Governments Auctioning Seized Bitcoins Usually, authorities sell the cryptocurrencies it obtained through asset seizures or criminal investigations. A notable instance is when billionaire investor Tim Draper purchased about 30,000 BTCs from the US Marshals Service, which had seized these BTCs from the Silk Road darknet market in 2014.  Arkham Research tracked the movement of 3,940 Bitcoin, worth around $150 million at the time of forfeiture, to Coinbase, with the exchange confirming the receipt. The US government seized these digital assets from an Indian individual sentenced in 2024 for supplying restricted drugs and engaging in laundering money. Various Government's Bitcoin Holdings Meanwhile, Bitcoin Treasuries reports that the US government now holds 213,546 BTC (valued at over $

Staked ADA Unaffected in Cardano DDoS Attack

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The Cardano blockchain experienced a Distributed Denial of Service (DDoS) attack against staked ADA in a recent cybersecurity incident. The attack commenced on block 10,487,530, where the perpetrator executed numerous transactions involving smart contracts, each costing 0.9 ADA. The attacker's strategy was to flood the network with transactions to disrupt its normal operations. However, the attack was effectively mitigated, and the network continued to function without any disruption, showcasing the resilience of Cardano's infrastructure. Cardano Developer Recover Funds Meanwhile, Philip Disarro, the founder of Anastasia (a Cardano development company), noted the attack vector and suggested the deregistration of the attacker's credential as the ideal solution. Disarro's prompt response was pivotal, as this intervention halted the attack shortly after it began, safeguarding the network. Interestingly, the attacker ceased their efforts after Disarro's interventi

Quantum Income Review (Quantumincomepro.com) – An AI Crypto Trading Bot That Prioritizes Data Protection

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  Quantum Income PRO Review In this era of technological advancements where cybercrimes are increasing daily, it is extremely significant for individuals to select the most reliable AI crypto trading bot. The trader needs to choose an AI crypto trading bot that prioritizes data security. In this Quantum Income AI crypto trading bot review, I will deeply discuss the security measures this AI crypto trading bot has taken to keep your sensitive information and critical data safe. The Quantum Income  AI crypto trading bot, allows the traders to stay focused on their efforts of crypto trading, without stressing about their data being theft. While on the other hand, a number of other crypto trading bots have also taken the initiative for the security of users' data, but they are not able to match the level that Quantum Income has reached. Continue reading to find out more about the measures taken by this AI crypto trading bot for data security. Advanced Encryption Protocols and Tools