Please find below today’s Crypto News 5 Dec Headlines
Crypto News 5 Dec #1 – Ankr issues statement on a hacking attack
Regarding the recent attack that hit the Ankr exchange, the security team has issued an update on the malicious event. They stated that the attacker used a mint bug in the platform’s smart contract code to mint millions of aBNBc while bypassing verification.
Crypto News #2 – Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask
Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts.
Crypto News 5 Dec #3 – Shiba Inu’s BONE Up 10% as Price Gains on Positive News Inflow
Shiba Inu’s BONE Up 10% as Price Gains on Positive News Inflow. BONE is also up a surprising 28% over the past seven days amid positive sentiment BONE, the governance token of the Shiba Inu ecosystem has made an amazing jump of 12% in the last 24 hours.
Crypto News #4 – Payments Giant Stripe Launches Cash To Crypto Web3 Service
Payments processing company Stripe on Thursday announced a so-called “fiat-to-crypto on-ramp” to make payments easier for Web3 companies.
The service, which crypto companies can use to let their customers exchange dollars for crypto, will also handle fraud, compliance, and know-your-customer (KYC) checks, according to a company blog post.
Crypto News 5 Dec #5 – Report Suggests Alameda Rescued FTX By Covering $1 Billion Trade Loss in 2021
The investigations have revealed that Alameda once covered a $1 billion loss for the SBF-led crypto exchange in 2021. The details of the bailout are that FTX faced losses due to one client’s leveraged trade that went south. Unfortunately, FTX buffers that would have protected it from the losses failed.
Crypto News #6 – Crypto scammer Nicholas Truglia sentenced to 18 months in prison
A young man is facing time behind bars for his role in a high-profile crypto scam. Bloomberg reports a federal judge has sentenced 25-year-old Nicholas Truglia to 18 months in prison for allegedly taking part in a scheme that stole $22 million in cryptocurrency from blockchain adviser Michael Terpin in 2018. The perpetrators are said to have asked Truglia to convert Triggers tokens stolen from Terpin into Bitcoin after breaching the consultant’s phone.
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Crypto News 5 Dec #7 – Bitcoin Miners May Have Seen The Darkest In Q4 As BTC Rises Past $17,000
Bitcoin Miners May Have Seen The Darkest In Q4 As BTC Rises Past $17,000. Bitcoin miners seem to be giving up on the prospect of holding the maiden crypto for long-term profit as they continue to sell large sums of the digital coin. According to data shared by CryptoQuant, as of December 1, bitcoin miners have already dumped 10,000 units of BTC.
Crypto News #8 – Russian Miners Buy More Bitcoin Mining Rigs In Q4
Bitcoin and the entire crypto market bleed due to many challenges that have befallen the industry. From the Terra crash and continuous interest rate hikes to the FTX implosion, the market hasn’t enjoyed a whole month of positive price trends.
Crypto News 5 Dec #9 – BNX Price Tanks 80% on Rumors of BinaryX Team Selling Treasury Tokens
BNX Price Tanks 80% on Rumors of BinaryX Team Selling Treasury Tokens. In Brief, The BinaryX BNX token fell by over 50% over the last 24 hours. BNX had risen by over ten times during the thick of the current bear market.
Crypto News 5 Dec #10 – Crypto Scammer Coin Signals Ordered to Pay $2.8 Million to Victims
The U. S. District Court for the Southern District of New York ordered a crypto fraudster “Coin Signals” to pay $2.8 million in restitution to victims of a fraudulent scheme.
The order resolves an action brought by the Commodity Futures Trading Commission against Jeremy Spence, who earlier this year pleaded guilty to running a Ponzi scheme in which he solicited individuals to invest in digital assets including bitcoin and ether from December 2017 through April 2019.
Crypto News 5 Dec #11 – Solana hit a new all-time high of transactions per second
The native token of the Solana blockchain, SOL, surged to a fresh record high above $60 on Monday amid the network’s accelerating adoption.
Crypto News 5 Dec #12 – Ripple Listed as One of the Top Workplaces Most Conducive for Parents
Ripple is Listed as One of the Top Workplaces Most Conducive for Parents. Ripple has been named among the “Best Workplaces for Parents 2022” by the global authority on workplace culture, Great Place To Work. The list places Ripple as the fourth best place to work for parents in 2022.
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