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Crypto Analyst Predicts Over 25% Surge for Chainlink, Says One Under-the-Radar Altcoin Could Be Undervalued

The Daily Hodl
Crypto Analyst Predicts Over 25% Surge for Chainlink, Says One Under-the-Radar Altcoin Could Be Undervalued
ali martinez
Crypto Analyst Predicts Over 25% Surge for Chainlink, Says One Under-the-Radar Altcoin Could Be Undervalued

A widely filled crypto analyst is predicting a 25% upswing for decentralized oracle provider Chainlink (LINK) while updating his outlook on decentralized crypto exchange (DEX) SushiSwap (SUSHI). In a new thread, crypto strategist Ali Martinez tells his 40,800 followers on the social media platform X that the path appears clear for LINK to skyrocket to […]

The post Crypto Analyst Predicts Over 25% Surge for Chainlink, Says One Under-the-Radar Altcoin Could Be Undervalued appeared first on The Daily Hodl.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

How the Ledger Connect hacker tricked users into making malicious approvals

Coin Telegraph
How the Ledger Connect hacker tricked users into making malicious approvals
Balancer and Revoke.cash

According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions.

The ‘Ledger hacker’ who siphoned away at least $484,000 from multiple Web3 apps on Dec. 14 did so by tricking Web3 users into making malicious token approvals, according to the team behind blockchain security platform Cyvers.

According to public statements made by multiple parties involved, the hack occurred on the morning of Dec. 14. The attacker used a phishing exploit to compromise the computer of a former Ledger employee, gaining access to the employee’s node package manager javascript (NPMJS) account.

When a developer first writes their app, they usually install a connect kit through Node Package Manager (NPM). After creating a build and uploading it to their site, their app will contain the connect kit as part of its code, which will then be downloaded into the user’s browser whenever the user visits the site.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Multiple DApps using the Ledger connector library compromised

Coin Telegraph
Multiple DApps using the Ledger connector library compromised
Coin Telegraph

Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash.

The front end of multiple decentralized applications (DApps) using Ledger’s connector, including Zapper, SushiSwap, Balancer and Revoke.cash, were compromised on Dec. 14.

SushiSwap chief technical officer Mathew Lilley reported that a commonly used Web3 connector has been compromised, allowing malicious code to be injected into numerous DApps. The on-chain analyst said the Ledger library confirmed the compromise where the vulnerable code inserted the drainer account address.

Magazine: HTX hacked again for $30M, 100K Koreans test CBDC, Binance 2.0: Asia Express

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Trader Says Ethereum Rival That’s Exploded Over 300% To ‘Keep Running,’ Unveils Targets for Chainlink and Sushi

The Daily Hodl
Trader Says Ethereum Rival That’s Exploded Over 300% To ‘Keep Running,’ Unveils Targets for Chainlink and Sushi
Altcoin Sherpa
Trader Says Ethereum Rival That’s Exploded Over 300% To ‘Keep Running,’ Unveils Targets for Chainlink and Sushi

A widely followed crypto analyst says that one Ethereum (ETH) rival that’s skyrocketed by over 300% this year still has more room to rally. Pseudonymous crypto trader Altcoin Sherpa tells his 194,200 followers on the social media platform X that smart contract platform Solana (SOL) will likely continue surging up in price until proven otherwise. […]

The post Trader Says Ethereum Rival That’s Exploded Over 300% To ‘Keep Running,’ Unveils Targets for Chainlink and Sushi appeared first on The Daily Hodl.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

On-Chain Activity Hints at Short-Term Rebound Opportunities for Ethereum and Two Altcoins: Santiment

The Daily Hodl
On-Chain Activity Hints at Short-Term Rebound Opportunities for Ethereum and Two Altcoins: Santiment
Altcoins
On-Chain Activity Hints at Short-Term Rebound Opportunities for Ethereum and Two Altcoins: Santiment

On-chain activity suggests Ethereum (ETH) and two altcoins could be primed for short-term price rallies, according to the crypto analytics firm Santiment. Santiment notes that ETH, Shiba Inu (SHIB) and SushiSwap (SUSHI) traders displayed “mild signs of panic” on Thursday. All three networks displayed some of the highest levels of trader loss-taking (versus profit) in […]

The post On-Chain Activity Hints at Short-Term Rebound Opportunities for Ethereum and Two Altcoins: Santiment appeared first on The Daily Hodl.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment

The Daily Hodl
Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment
aelf
Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment

Crypto analytics firm Santiment says that the prices of eight altcoins are showing signs of moving higher. Santiment says that the supplies of the Ethereum (ETH)-based native tokens of decentralized exchanges SushiSwap (SUSHI) and Injective Protocol (INJ), decentralized finance platform CurveDAO (CRV) and cross-chain protocol Biconomy (BICO) are falling on exchanges as the assets are […]

The post Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment appeared first on The Daily Hodl.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

SUSHI Recovers After Exploit Triggers Millions in Losses

The Daily Hodl
SUSHI Recovers After Exploit Triggers Millions in Losses
Altcoins
SUSHI Recovers After Exploit Triggers Millions in Losses

Decentralized exchange (DEX) SushiSwap (SUSHI) has reportedly been hacked for 1,800 Ethereum (ETH) worth about $3.3 million at the time of the exploit. First spotted by blockchain security firm PeckShield, one of SushiSwap’s approval contracts used for trade routing had an unknown bug that allowed a bad actor to swipe crypto from wallets that had […]

The post SUSHI Recovers After Exploit Triggers Millions in Losses appeared first on The Daily Hodl.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

Bitcoin.com
Sushiswap Smart Contract Bug Results in Over M in Losses; Head Chef Says Hundreds of ETH Recovered
2023 defi hack
Sushiswap Smart Contract Bug Results in Over M in Losses; Head Chef Says Hundreds of ETH RecoveredAccording to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex […]
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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Crypto Exchange SushiSwap Exploited – Here’s How to Ensure Your Funds Are Safe

The Daily Hodl
Crypto Exchange SushiSwap Exploited – Here’s How to Ensure Your Funds Are Safe
Bug
Crypto Exchange SushiSwap Exploited – Here’s How to Ensure Your Funds Are Safe

A smart contract bug in the popular decentralized exchange SushiSwap has led to the theft of about $3.3 million in Ethereum (ETH). According to the crypto analytics firm PeckShield, the bug is connected to the contract approval process and is related to an update that was implemented a few weeks ago. The bug led to […]

The post Crypto Exchange SushiSwap Exploited – Here’s How to Ensure Your Funds Are Safe appeared first on The Daily Hodl.

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Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

Top Trader Warns Capitulation Event in Sight for Solana-Based Dogecoin Rival – Here’s His Outlook

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