CYBER Coin has experienced a dramatic surge in value following its listing on Upbit, with a 133% price increase transforming it into the market's Top Gainer. The coin rides on an overall bullish market sentiment, despite the negative impact of the recent cybersecurity incidents involving Coinbase. The prominent crypto exchange faced a wide-ranging cybersecurity attack that resulted in potential losses up to $400 million. In response, Coinbase has announced a $20 million bounty to take down the cybercrime ring that coordinated the attack. The broader crypto market is in a phase of adjustment as cybersecurity incidents continue to shape trends and influence investment decisions. South Korea, for instance, is taking caution by refraining from building Bitcoin reserves as North Korea amasses BTC gain through cybercrime. Increased regulatory scrutiny is also evident as demonstrated by the Security and Exchange Commission (SEC) forming a Cyber and Emerging Technologies Unit to combat crypto fraud. Other significant market players such as CoinDCX and Bybit have also suffered cybersecurity incidents lately, resulting in substantial financial losses. Amid these challenges, industry stakeholders promote innovative solutions. Safe is setting up a development firm to attract institutions and tackle cyber warfare in the crypto space. Likewise, Crypto AI Benchmark Alliance (CAIBA) has been launched by Cyber, EigenLayer, Sentient, and others to set industry standards. Finally, Market sentiment towards DEXTools, MAP Protocol, and CYBER remains positive as they emerge as top gainers in the altcoin market.
CYBER Coin News Analytics from Sun, 13 Jun 2021 07:00:00 GMT to Tue, 09 Sep 2025 16:48:14 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2