The $20 Million Crypto Breach: Government Wallets Compromised and Recovered in 24 Hours

The  Million Crypto Breach: Government Wallets Compromised and Recovered in 24 Hours

Quick Recovery and Security Concerns Arkham Intelligence reported a $20 million cryptocurrency transfer from U.S. government wallets to a money laundering service, leading to concerns about security protocols. Most funds were returned within 24 hours, raising questions about the security of government-held crypto assets. The funds were linked to high-profile criminal cases, including the Bitfinex … Read more

Shiba Inu Burn Rate Sees 1,088.66% Spike in 24 Hours: Analysis and Insights

Shiba Inu Burn Rate Sees 1,088.66% Spike in 24 Hours: Analysis and Insights

Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News The Shiba Inu burn rate has increased by 1,088.66% in the past 24 hours due to a single transaction burning 98,136 SHIB tokens, equivalent to $1.34 in value. Despite this spike, the overall burn rate has declined over the week, … Read more