The post Hyperliquid Faces $60 Million USDC Outflow Amid North Korean Hacking Rumors, HyperLiquid Denies Any Exploit appeared first on Coinpedia Fintech News The decentralized exchange (DEX) Hyperliquid is facing significant turbulence as it recorded $60 million in USDC outflows amid rumors that North Korean hacking groups are actively targeting the platform. This has also impacted its native... source: https://coinpedia.org/crypto-live-news/hyperliquid-faces-60-million-usdc-outflow-amid-north-korean-hacking-rumors-hyperliquid-denies-any-exploit/

La Rosa agents can now receive commissions in cryptocurrency with a 2% fee. The initiative aims to streamline transactions and meet the demand for crypto payments. La Rosa reported a 155% revenue growth, hitting $51.7M in the first nine months of 2024. La Rosa Holdings Corp. (NASDAQ: LRHC), a leading technology-integrated real estate company, has […] The post La Rosa Holdings to allow real... source: https://coinjournal.net/news/la-rosa-holdings-to-allow-real-estate-agents-to-receive-commissions-in-crypto/

The post Usual Raises $10 Million in Series A Funding Round Led By Kraken, Binance Labs appeared first on Coinpedia Fintech News In a latest development, Usual has secured substantial funding of $10 million in its Series A round, led by Binance Labs and Kraken Ventures. Other backers included Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures and OKX Ventures. Usual has... source: https://coinpedia.org/crypto-live-news/usual-raises-10-million-in-series-a-funding-round-led-by-kraken-binance-labs/

Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative Rumble. Rumble says in a press release that it will be using $250 million of the proceeds to support “growth initiatives” and the remaining capital to fund a self-tender offer for up to 70 million of […] The post Stablecoin Issuer Tether Invests $775,000,000 Into YouTube... source: https://dailyhodl.com/2024/12/23/stablecoin-issuer-tether-invests-775000000-into-youtube-rival-rumble/

The team behind the largest decentralized crypto exchange (DEX) by trading volume is confirming the launch of its highly-anticipated layer-1 blockchain Unichain. In a new blog post, Uniswap Labs says that, after the successful public testnet phase of the Unichain launch, the launch of a public mainnet is the next step. The firm says Unichain […] The post Uniswap Labs Says New Layer-1 Network... source: https://dailyhodl.com/2024/12/23/uniswap-labs-says-new-layer-1-network-unichain-to-launch-in-early-2025/

Uniswap taps web3 security firm Blockaid for a new onchain detection and response system to protect DEX users from malicious tokens. source: https://www.theblock.co/post/332249/uniswap-taps-blockaid-for-new-token-warning-system?utm_source=rss&utm_medium=rss

Richard Schueler, aka Hex crypto founder Richard Heart, is being sought by Interpol and has landed on Europe's most wanted fugitives list. source: https://decrypt.co/298753/hex-crypto-founder-richard-heart-interpol-red-notice

According to Cointelegraph, Malaysia's Securities Commission has added Atomic Wallet, a Web3 wallet service, to its list of financial firms prohibited from operating in the country. The decision was made due to Atomic Wallet's operation of a digital asset exchange without proper registration. This move aligns with the Commission's ongoing efforts to regulate cryptocurrency-related activities within Malaysia. Atomic Wallet, which promotes itself as a secure and decentralized platform for staking and swapping over 100 digital assets, has faced significant challenges in recent years. In 2023, the company was targeted in a cyberattack that resulted in losses exceeding $100 million. The incident led to a class-action lawsuit in the United States, although it was later dismissed due to jurisdictional issues. The hack was reportedly linked to the North Korean Lazarus Group, which allegedly funneled the stolen assets through a Cambodian crypto exchange. The Malaysian Securities Commission's action against Atomic Wallet is part of a broader crackdown on unregistered cryptocurrency firms in the region. Other companies, such as Crypto Trade Malaysia and Best Exchange, have also been barred from operating in the country. This regulatory stance reflects growing concerns over the security and legitimacy of digital asset platforms, especially in light of increasing cyber threats. In response to the 2023 hacking incident, Atomic Wallet launched a $1-million bug bounty program to identify and rectify security vulnerabilities within its software. Despite these efforts, the broader cryptocurrency industry continues to grapple with escalating cyber threats. According to a report by Chainalysis, losses from crypto scams, hacks, and exploits rose by approximately 21% in 2024, with centralized exchanges and Web3 wallet private keys being primary targets. The report highlighted that private key compromises accounted for the largest share of stolen crypto in 2024, at 43.8%. Centralized exchanges were identified as the most frequent targets of these attacks. Jean Rausis, a cybersecurity expert and co-founder of the DeFi ecosystem SmarDex, noted a significant shift in the focus of crypto attacks, with centralized entities becoming more prominent targets. This trend underscores the need for enhanced security measures and regulatory oversight in the rapidly evolving digital asset landscape.

The wallet service provider was subjected to a more than $100 million hack in 2023. source: https://cointelegraph.com/news/malaysia-flags-atomic-wallet-unauthorized-operation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin (CRYPTO: BTC) started the year with an impressive All-Time High (ATH) of greater than $77,000 in March after the approval of Bitcoin ETFs by the US Security and Exchange Commission (SEC). However, BTC has a penchant for exceeding expectations. source: https://www.benzinga.com/government/regulations/24/12/42658143/exclusive-insights-founders-of-polygon-skybridge-custodia-wonderfi-cardone-bullish-on-btc-?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Moo Deng plunged by over 22% in the past day, but it rebound is just around the corner

Vitalik Buterin, the co-founder of Ethereum, sold a large number of meme coins on the 12th and 13th, exchanging them for 907.97 ETH, worth US$2.23 million. He once said that any tokens sent to him without his permission will be sold and Donate to charity.