Author: CryptooTimes
Shiba Inu price continued its strong sell-off as the crypto fear and greed index turned red for the first time this year. SHIB is now down for three straight days and reached a low of $0.00001271, its lowest level since March 1st. It has dropped by almost 70% from its highest level this year, drastically underperforming major coins like Bitcoin and Ethereum. Crypto fear and greed index has fallen Shiba Inu’s price has dropped amid fear spreading in the crypto industry. The crypto fear and greed index has now dropped to 38, its lowest level since November last year. It…
The poor Wii U. That inexplicable console that was simultaneously too confusing to be useful, but too unexceptional to be inspiring. Meaninglessly carrying the weight of the name of the phenomenal success of the Nintendo Wii, it was—by most metrics—a rare miss and a colossal flop. And now you can’t even get it fixed.What You Should Know About Mario Strikers’ Big Free UpdateWas anyone getting it fixed? Has anyone who owns one tried to turn it on at any point in the last eight years? Either way, Nintendo of Japan has officially declared repairs for the Wii U to be…
Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.
Bitcoin slumped to the lowest since the end of February as Mt. Gox moved a sizeable amount of BTC to a new wallet, potentially preparing for creditor payments. BTC fell to as low as $53,6000 but has subsequently rebounded to just over $55,000, a drop of 4.75% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), slid around 6.85%. Impending Mt. Gox repayments include 140,000 BTC ($7.3 billion). There have been concerns that creditors will sell their coins immediately on receipt, creating mass selling pressure in the market.
Hackers are actively exploiting critical vulnerabilities in older versions of Rejetto’s HTTP File Server to install Monero mining malware and other malicious software. Hackers have found a way to exploit older versions of the HTTP File Server (HFS), a software designed for publishing and sharing files, to deploy malicious Monero mining software, BleepingComputer reports, citing data from cybersecurity firm AhnLab. The exploit, which appears to be centered around a critical vulnerability identified in HFS versions up to and including 2.3m, allows threat actors to execute arbitrary commands remotely without requiring authentication, enabling attackers to take control with ease. AhnLab has…
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin dropped to the lowest level since late February.
Defunct cryptocurrency exchange Mt. Gox has started payments to rehabilitation creditors as part of its rehabilitation plan. More than 10 years after its collapse, Mt Gox creditors are finally getting paid back. According to a July 5 announcement, payments are being made in Bitcoin and Bitcoin cash via centralized crypto exchanges designated to handle the transactions. However, rehabilitation creditors need to satisfy some prerequisites before receiving the payments. These include confirming the validity of their accounts and agreeing to the terms of the agreement from intermediary agencies handling the receipt of the funds. Additionally, the Rehabilitation Trustee and designated cryptocurrency…
XRP’s price decline is triggered by massive Bitcoin selloffs and the SEC reiterating about the $2 billion penalty demand from Ripple.
“However, significant inflows would depend on broader market sentiment and risk appetite. Currently, however, we’ve recently seen quite underwhelming flows and a lack of “dip-buying,” Kooner said. “If the job market appears more resilient, bitcoin might face downward pressure as the likelihood of near-term rate cuts diminishes.”
