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Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist

Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over ,000,000 From Reserves: SlowMist

Blockchain security firm SlowMist is reporting that an Indonesian crypto exchange was hacked for over $22 million in digital assets. SlowMist says that crypto exchange Indodax saw its hot wallets exploited across multiple blockchains, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), and ETH layer-2s Polygon (POL) and Optimism (OP). The firm’s data says that the […]

The post Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist appeared first on The Daily Hodl.

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Little Known Altcoin Moonwell (WELL) Shoots for the Moon After Coinbase Roadmap Addition

Little Known Altcoin Moonwell (WELL) Shoots for the Moon After Coinbase Roadmap Addition

An under-the-radar altcoin is skyrocketing after being added to Coinbase’s listing roadmap. In a new thread on the social media platform X, top US-based crypto exchange platform Coinbase is announcing the addition of decentralized finance (DeFi) protocol Moonwell (WELL) to its suite of products. News of the addition sent WELL flying as it went from […]

The post Little Known Altcoin Moonwell (WELL) Shoots for the Moon After Coinbase Roadmap Addition appeared first on The Daily Hodl.

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin

Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin

Cryptocurrency analyst and trader Ali Martinez is leaning cautiously bullish on an Ethereum-based altcoin. Martinez tells his 70,300 followers on the social media platform X that the native token of the Ethereum (ETH) scaling solution Polygon (POL) is forming a descending triangle pattern, on the weekly chart. A descending triangle pattern is typically considered a […]

The post Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin appeared first on The Daily Hodl.

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Coinbase Adds Support for Highly-Anticipated Polygon (MATIC) Re-Brand Token Polygon Ecosystem Token (POL)

Coinbase Adds Support for Highly-Anticipated Polygon (MATIC) Re-Brand Token Polygon Ecosystem Token (POL)

Top US-based crypto exchange Coinbase is adding support for the Polygon’s (MATIC) highly anticipated rebrand to the Polygon Ecosystem Token (POL). In a new announcement, Coinbase Assets says it’s adding POL to its suite of products with an experimental label, meaning it could display high price volatility or relatively low trading volume. Last month, Coinbase […]

The post Coinbase Adds Support for Highly-Anticipated Polygon (MATIC) Re-Brand Token Polygon Ecosystem Token (POL) appeared first on The Daily Hodl.

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Polygon Completes MATIC to POL Upgrade

Polygon Completes MATIC to POL UpgradePolygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for the Polygon proof-of-stake network. Users holding MATIC on Ethereum can seamlessly migrate to POL through the Polygon […]

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Polygon (MATIC) On-Chain Metrics Hint at Possible Price Reversal, Says Crypto Analytics Firm Santiment

Polygon (MATIC) On-Chain Metrics Hint at Possible Price Reversal, Says Crypto Analytics Firm Santiment

Certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) could be on the verge of a price reversal, according to the crypto analytics firm Santiment. Santiment notes MATIC recently witnessed a spike in active addresses and dormant coin movement. “Polygon has been among the many networks declining since crypto’s retrace began back in March. […]

The post Polygon (MATIC) On-Chain Metrics Hint at Possible Price Reversal, Says Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity

Onchain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.

Polygon’s native token MATIC could be in for a resurgence soon. Analysts have spied a “notable spike” in active addresses and dormant coins coming back to life. 

On Aug. 28, blockchain analytics platform Santiment said there had been a surge in onchain activity on Polygon.

A chart shared on X shows a strong surge in dormant token movement this week, coinciding with this year’s second-highest number of Polygon addresses interacting with the network. 

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RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

MATIC, SUI, RENDER and TAO could soar if Bitcoin holds $64K

Altcoin traders could send MATIC, SUI, RENDER and TAO higher if Bitcoin manages to continue trading above $64,000.

Bitcoin (BTC) is up more than 9% this week, indicating that the bulls are trying to push the price toward the resistance of the $55,724 to $73,777 range. According to data from SoSo Value, the United States-based spot Bitcoin exchange-traded funds (ETFs) witnessed strong inflows of $252 million on Aug. 23, indicating solid buying by investors.

The latest surge in Bitcoin happened after US Federal Reserve Chair Jerome Powell said during his annual Jackson Hole symposium speech that interest rates were due to fall. 

“Bitcoin demand in the US spiked today as the Fed signaled the cycle of lower interest rates will begin,” CryptoQuant’s Head of Research Julio Moreno said in an Aug. 24 post on X.

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RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns

Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security ConcernsPolygon’s community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The platform’s administrators have regained control and are working to restore the channel to its original state. Polygon Discord Breached—Admins Regain Control Access Polygon‘s chief information security officer, Mudit Gupta, explained that the Discord channel was compromised, cautioning users to […]

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Coinbase Adds Upcoming Polygon Native Token (POL) to Listing Roadmap Ahead of September’s MATIC Rebrand

Coinbase Adds Upcoming Polygon Native Token (POL) to Listing Roadmap Ahead of September’s MATIC Rebrand

Coinbase has added Ethereum (ETH) layer-2 Polygon’s yet-to-be-launched native token to its listing roadmap. Making the announcement via social media platform X, the top US crypto exchange says it has placed Polygon’s POL on its listing roadmap, which the exchange created in 2022 for the purpose of transparency and to prevent front-running of token listings. […]

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RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date