⇘ COINBREACH: Data Leak Hits Coinbase Hard; Hyperscale Data Rises with Nile Coin
Coinbase faces a series of lawsuits over customer data breaches, and it's affecting their stock prices, falling by 3%. The breach, linked to a...
The past few days depict a thrilling scene in the cryptocurrency space. Popular cryptocurrency Dogecoin soared by 6%, propelled by advancements in Bitcoin. Data suggest Bitcoin might register an impressive Q4, with a 50% rally to $170K. Useful python applications can fetch crypto data, although Helium's price and market cap remain variable. Bitcoin's price is set to rebound to $114K ahead of non-farm payrolls data.
Onchain data indicates significant acquisition of Bitcoin by a Tether-associated wallet. Tether has also increased its BTC holdings. Notably, vital economic data from the US government is now being populated on public blockchains, including Bitcoin, Ethereum, and Solana. After a major Coinbase breach, customer data in India is seen at risk. Additionally, the age-old OP_RETURN debate is reignited by Satoshi's recent comments.
Meanwhile, uncertainty is hitting XRP, as its price has managed a slim grip on $2.85, following a 3% swing. In more news, Bitcoin's price looks to consolidate around $108K, while Blockchain Oracles enhance data offerings. Analytics firm Coin Metrics is to be acquired by Talos, further bolstering cryptocurrency data and analytics.
Updates from Coinbase reference a nefarious data breach, possibly exposing customers to physical danger and a possible lawsuit of $400 million. In another development, Tether, in synergy with Rumble, decided to acquire Northern Data for $1.17 billion, and Hyperscale Data plans to accept $TRUMP Meme Coin as payment on its platform.
In terms of acceptance, Hyperscale Data-owned Bitnile.com is moving towards accepting Nile Coin for in-game purchases. The US Supreme Court takes a raincheck on the Coinbase user data privacy case, while the exchange resolves a hacking crisis with a bounty offer of $20 million. Finally, Bitnile.com announces launching Nile Coin on the Solana blockchain.
DATA Coin News Analytics from Thu, 02 Jan 2025 08:00:00 GMT to Wed, 01 Oct 2025 13:25:38 GMT - Rating -4 - Innovation 3 - Information 7 - Rumor 2