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Bithumb Suspends Withdrawals To Upbit Following Security Incident

The post Bithumb Suspends Withdrawals To Upbit Following Security Incident appeared com. In a sudden move that’s shaking the cryptocurrency community, Bithumb suspends withdrawals to Upbit following concerning security reports. This emergency action highlights the ongoing challenges in crypto exchange security and the importance of protective measures in the digital asset space. Why Did Bithumb Suspend Withdrawals to Upbit? South Korean crypto exchange Bithumb made the decisive move to temporarily halt all digital asset transfers to fellow exchange Upbit. This precautionary measure came after reports of abnormal withdrawal activities at Upbit, raising immediate security concerns across the cryptocurrency ecosystem. The decision to implement Bithumb suspends withdrawals protocol demonstrates the exchange’s commitment to user protection. When unusual patterns emerge in cryptocurrency transactions, responsible exchanges must act swiftly to prevent potential losses and maintain market stability. What This Means for Crypto Exchange Security The temporary suspension serves as a crucial reminder about cryptocurrency security protocols. When Bithumb suspends withdrawals, it follows established security frameworks designed to protect users’ assets. Here are the key security measures typically activated: Immediate transaction monitoring for suspicious patterns Enhanced verification processes for all outgoing transfers Temporary holds on cross-exchange movements Increased security audits of transaction histories These protective actions help prevent potential security breaches from spreading across multiple platforms. The Bithumb suspends withdrawals decision reflects industry best practices for handling security concerns. How Do Exchanges Handle Security Threats? Cryptocurrency exchanges maintain sophisticated security systems that automatically flag unusual activities. When Bithumb suspends withdrawals, it’s typically responding to automated alerts or confirmed reports of security incidents. The exchange’s rapid response demonstrates their commitment to safeguarding user funds. Security protocols require immediate action when potential threats are detected, even if it means temporarily inconveniencing users with suspended services. What Users Should Do During Security Suspensions When incidents like Bithumb suspends withdrawals occur, users should remain calm but vigilant. Here are essential.

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XRP fails to push above $2.35 despite ETF inflow; Check forecast

The post XRP fails to push above $2. 35 despite ETF inflow; Check forecast appeared com. Key takeaways XRP is up by less than 1% in the last 24 hours and is trading at $2. 2 per coin. XRP ETFs continue to record inflows as institutions position for the next run. XRP ETFs continue to record inflows Ripple’s XRP is up by less than 1% in the last 24 hours and is currently trading above $2. 2 per coin. The positive performance comes after XRP dropped below the $2. 18 level on Wednesday. Interest in spot XRP ETFs continues to improve since their launch two weeks ago. There are currently four XRP ETFs operating in the US, including Canary Capital’s XRPC, Bitwise’s XRP, Grayscale’s GXRP, and Franklin Templeton’s XRPZ. Data obtained from SoSoValue reveal that the four XRP ETFs recorded $35 million in inflows on Tuesday, bringing the cumulative volume to $622 million and net assets to $645 million. The inflow suggests that the market sentiment is improving, with more institutional investors positioning for a possible rally in the near to medium term. However, retail demand remains low, with futures Open Interest (OI) still below $4 billion since the decline on November 11. CoinGlass data shows that XRP’s OI averaged $3. 96 billion on Wednesday, down from $4 billion the previous day. XRP futures OI hit a record high of $10. 94 billion on July 22 as XRP hit a high of $3. 66. However, it has declined since then as XRP has lost nearly 50% of its value. If the OI recovers above $4 billion, it will signal growing retail demand, and XRP’s price could surge higher in the near term. XRP is still struggling below $2. 35 The XRP/USD 4-hour chart is bearish and inefficient as XRP has failed to push past the $2. 35 resistance level over the past few days. XRP tested and found support around the $1. 85 level during.

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Did Michael Saylor Sell Bitcoin or Not? The Final Word Has Been Given

The post Did Michael Saylor Sell Bitcoin or Not? The Final Word Has Been Given appeared on BitcoinEthereumNews.com. It has been confirmed that the recent allegations that Michael Saylor’s company Strategy (formerly MicroStrategy) sold Bitcoin (BTC) are false. Updated on-chain data provided by Arkham revealed that the transactions in question were not sales, but transfers between storage providers. Over the past two months, the company has diversified its custody services away from Coinbase, moving a total of 58,390 BTC (approximately $5.1 billion) to Fidelity Custody. Fidelity’s omnibus custody model is the root cause of this confusion: Because all client assets are held in the same wallet, Strategy’s Bitcoin holdings appear to be commingled with other clients’ holdings. For this reason, some Bitcoin previously listed under the Strategy label on Arkham are now listed as Fidelity Custody assets. While this may appear to be a sale, the entire movement stems from a change in in-house custody provider. According to Arkham data, when transfers to Fidelity are included, the platform can track approximately 92% of Strategy’s Bitcoin holdings. The company’s total Bitcoin holdings stand at 641,692 BTC (approximately $56.14 billion), of which 165,709 BTC (approximately $14.5 billion) have been sent to Fidelity Custody. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/did-michael-saylor-sell-bitcoin-or-not-the-final-word-has-been-given/

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New: Paper Trail Behind Suspect in D.C. National Guard Terrorist Attack Points Directly to Joe Biden

We’re learning more about the suspect in the terrorist attack that took place earlier in Washington, D. C., that sent two members of the West Virginia National Guard to the hospital, where they are listed as being in critical condition. The attack, which investigators are describing as a targeted ambush, reportedly took place just blocks from the White House, around 2: 15 pm Eastern time. As we previously reported, D. C. Metro Police Department Executive Assistant Chief Jeff Carroll told reporters during a D. C. presser that “At approximately 2: 15 this afternoon, members of the National Guard were on high visibility patrols in the area of.

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The Complexity of Civet Coffee Goes Well Beyond Your Palate

The post The Complexity of Civet Coffee Goes Well Beyond Your Palate appeared com. Civet coffee is highly prized for its unique flavor and rarity, but consumption comes with ethical questions. Wildlife smuggling routes exist all throughout Asia as do criminal smuggling enterprises generally. Profiteers want to make money however they can, so the same routes that move narcotics and scam center workers are used to trade in helpless animals like civets. A civet coffee habit supports this interconnected network. Exploitation and misery give civet coffee its unique flavor. Wildlife Alliance Misery at Every Level Sustainability isn’t a concept in the civet coffee industry. For wild civet coffee, the scavenging of civet droppings disrupts natural seed dispersal patterns. Wild civet coffee comes from collected droppings and in theory this doesn’t hurt the animal at all, but the broader ecological disruption should be investigated as researchers recommend. For farmed civet coffee, every part of the animal’s experience is misery. There’s a direct link between your civet coffee preference and the ills of poaching in Southeast Asia. Specially crafted snares will catch an unsuspecting civet and if it survives the snare, it will be bundled away by the smuggler who transports it abroad. The Civet Snare. Wildlife Alliance If the civet doesn’t survive the trap, then it can be eaten. Bushmeat in its various forms is common in this part of the world. Our team observed an increase in overall demand, and in the price gap between live and dead civets around 2014, and this was driven by civet coffee farms in neighboring nations. Bushmeat prices didn’t change but the price of live civets distinctly increased. Civets rescued from a smuggler. From the moment of capture, these animals are kept in torturous conditions. Wildlife Alliance Civet farms in Vietnam claim the animals they use are bred in captivity, but we know firsthand that civet smuggling in.

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McGregor Questions Khabib’s NFT Project Amid Bitcoin Surge Above $90K

The post McGregor Questions Khabib’s NFT Project Amid Bitcoin Surge Above $90K appeared com. Conor McGregor accused Khabib Nurmagomedov of launching a $4. 4 million NFT collection as a scam exploiting Dagestani culture and his late father’s legacy, but Khabib denied the claims, insisting it was a tribute. Posts vanished after sales, reigniting their feud amid a recovering NFT market. McGregor’s Accusation: The UFC star called the NFT drop a “stain” on Khabib’s family, highlighting deleted social media posts after quick sales. Khabib’s Defense: He labeled McGregor a “liar” and described the project as a digital homage to his father, Abdulmanap Nurmagomedov, not a cash grab. Market Context: The global NFT market cap stands at $3. 3 billion, up 4% in 24 hours, as broader crypto rallies with Bitcoin surpassing $90, 000. McGregor slams Khabib’s $4. 4M NFT drop as scam exploiting culture-Khabib denies. Explore the feud’s impact on crypto NFTs. Stay updated on market trends today. What Is the McGregor-Khabib NFT Feud About? The McGregor-Khabib NFT feud erupted when Conor McGregor resurfaced on social media to target Khabib Nurmagomedov over a recent NFT project. McGregor claimed the collection, tied to the traditional Dagestani papakha hat that Khabib wore during his UFC career, was a deceptive scheme profiting from cultural symbols and the memory of Khabib’s late father, Abdulmanap Nurmagomedov. This accusation came shortly after the NFTs sold out, generating over $4. 4 million in a 25-hour window, only for all related posts to disappear from Khabib’s platforms without explanation. The exchange highlights ongoing tensions in the MMA world while drawing attention to the volatile nature of the NFT space within cryptocurrency. The broader cryptocurrency market provides context for this drama. As Bitcoin’s price climbed above $90, 000, the total crypto market capitalization rebounded to $3. 1 trillion, with 24-hour trading volume reaching $140 billion. This recovery has bolstered interest in digital assets like NFTs, which continue to attract high-profile figures.