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With an optimistic surge in Bitcoin prices, bulls anticipate a breakout run above the $65000 mark. Amidst the growing confidence in the market, the DeFi tokens prepare for a bull run as the altcoin season inches closer.
Loopring observed that the attacker impersonated the wallet owner to reset ownership and redeem assets.
Loopring, a smart wallet application on Ethereum that advocates for privacy rights, ran into security trouble with its 'Guardian' two-factor authentication (2FA) service, the company said on Sunday.
On Sunday, Loopring, the Ethereum-based ZK-rollup protocol, experienced a major security breach. This incident resulted in losses reaching millions of dollars.
Loopring, an Ethereum-based ZK-rollup protocol, suffered a $5 million breach due to a compromised two-factor authentication service
Loopring, an Ethereum ZK-Rollup protocol, reported on June 9 that some of its smart wallets were exploited for an undisclosed sum. Following the news, Loopring's LRC token dropped by approximately 4%, hitting a four-month low of $0.21, according to CryptoSlate's data.
Loopring, a decentralized finance (DeFi) protocol built on Ethereum, recently experienced a significant security breach that resulted in a $5 million loss. The attack exploited a vulnerability in Loopring's Guardian two-factor authentication (2FA) service, which is designed to enhance the security of its smart wallet application.
A decentralized finance (DeFi) protocol based on Ethereum, Loopring has recently been hacked, within it is a layer-1 solution based on ZK-rollup, and it suffered a $5 million loss.
Loopring's website brags that it offers "Ethereum's most secure wallet" but also identifies the very risk factor that reportedly enabled the hack.
Ethereum Layer 2 protocol Loopring reported a vulnerability affecting smart wallets using its Guardian feature, leading to asset losses.
Ethereum ETFs are poised to be the next big catalyst within the cryptocurrency market in early 2024 heading into late spring.
Santiment has explained that a couple of altcoins have significant FUD behind them, which could end up providing “rocket fuel” to their prices.
In the cryptocurrency market, savvy investors keep an eye out for opportunities, especially during market dips. Recently, the MVRV (market-value-to-realized-value) ratio, has highlighted several cryptos as significantly undervalued.
The year 2023 has been a rollercoaster for the cryptocurrency market. Here are our picks for the top 5 cryptos to buy under 1$ before 2024.
Loopring Price Prediction: LRC coin outlook depends on the reclaim of the $0.32 level on the weekly timeframe. Currently it is trading 20% lower.
Story Highlights The live price of Loopring is . LRC coin could reach a high of $0.57 by the end of 2024. Loopring price with a potential surge might go as high as $1.89 by 2030. The crypto verse has seen dramatic publicity over the past two years with a swift move.
As New Year's Eve approaches, excitement in the cryptocurrency market remains, albeit somewhat toned down, after the sector's representative asset, Bitcoin (BTC), returned below the price threshold at $42,000, but many other cryptocurrencies are still trading in the green zone, with an optimistic outlook.
Loopring (LRC), a scaling solution that leverages its technology on the second layer of Ethereum (ETH), is one of the altcoins experiencing notable gains, in line with the prevailing bullish sentiment in the crypto market. Analysts are optimistic about the potential for continued upward momentum in LRC, supported by key technical indicators.
Loopring's X account remained compromised at press time, with the exploiters publishing multiple malicious links promoting a fake LRC airdrop.
Loopring's official X (Twitter) account is seemingly compromised by phishing attackers as they ask community members to claim the LRC airdrop.
The altcoins market has recently witnessed a resurgence of interest and confidence, primarily driven by the largest cryptocurrency, Bitcoin (BTC). This renewed enthusiasm has resulted in a bull uptrend, with most of the top 100 cryptocurrencies benefiting from Bitcoin's resurgence.
Story Highlights The live price of Loopring is . LRC coin could possibly reach a high of $0.34 by the end of 2023. Loopring price with a potential surge might go as high as $1.89 by 2030. The crypto verse has seen dramatic publicity over the past two years with a swift move.
Loopring, the layer-2 decentralized exchange (DEX) for Ethereum that uses zk-Rollups, is going multi-network, subsequently expanding its core pillars to four, following a recent update. In a Medium post on October 24, the platform said as part of this change in approach, they will be expanding the functionality of their Loopring Dapp.
Story Highlights The current price of Loopring is . LRC coin could possibly reach a high of $0.34 by the end of 2023. Loopring price with a potential surge might go as high as $1.89 by 2030. The crypto verse has seen dramatic publicity over the past two years with a swift move.
