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.

This exciting development marks the beginning of a new journey for Loopring as they strive for greater scalability and highly optimized experiences.

Investors are becoming increasingly frantic as they strive to position themselves for the impending bull cycle, recognizing its lucrative opportunities. In the midst of this frenzy, crypto whales have been discreetly accumulating specific cryptocurrencies that show immense growth potential in the next bull run.

These five altcoins fell the most during the crypto market rout last week

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. ICP, TWT, Decentraland, Litecoin, and Loopring (LRC) have emerged as the top gainers of the day, while Rocket Pool, Solana, Immutable, Algorand, and Kava are the top losers.

In what appears to be stiff competition among Ethereum-based Layer 2 protocols, Loopring (LRC) has inked sudden sharp growth of 25% to join one of the top-performing altcoins in today's market revival. For Loopring, the 24-hour high of $0.4525 has repositioned it on a very bullish path that it is now looking to sustain.

As the altcoins are gaining some traction, the possibility of a significant upswing may be on its way out. In such cases, the prices of altcoins are believed to leap forward regardless of the volatility of the price of Bitcoin.

Loopring's LRC/USD was trading at $0.3677 at press time (5 April 2023), after hiking by 4.5% in the last 24 hours. The crypto-market seemed to be exhibiting bullish sentiment as Ethereum broke past the $1,840-resistance to reach $1,900 and as Bitcoin attempts to climb above $29,200 again.

While the cryptocurrency market remains highly volatile and subject to the mercy of various factors, exciting platforms like Loopring, Stacks, and Avorak AI evolve to respond to the users' diverse needs. Avorak AI's unique features, successful ICO, and potential benefits suggest that it could see significant growth this year.

Just as Zuckerberg's company changed the name of the parent company, Elrond has also done so and bases its business on three cornerstones, xFabric, xPortal, and xWords.

The crypto verse has seen dramatic publicity over the past two years with a swift move. The perpetual evolution of the space had roused the launch of Loopring. The platform intends to resolve the glitches with regard to centralized and decentralized exchanges.

BeInCrypto looks at five biggest altcoins losers in the entire crypto market this week, specifically from Feb. 17-24.

The five altcoins had the best performance from the entire crypto market last week.

ZK or Zero-Knowledge rollups is a layer-2 scalable solution that offers quick transactions with minimal fees on the PoS blockchains by combining the on and off-chain processes. Many chains have adopted the rollups and their respective native tokens have swelled in volume and price in recent times.

OP is up about 230% in the last month as Layer-2 projects seem to come back into the spotlight.

DYDX, MINA, Optimism (OP), Loopring (LRC), and Convex Finance (CVX) lead the pack this week as the biggest crypto market gainers.

The last eight months' downfall in Loopring coin price shows the formation of a falling channel pattern. This pattern displays itself when two downsloping parallel lines act as support and resistance levels during an established downtrend.

The crypto winter is upon us—thousands, even millions of investors, have been in the red for months with no relief in sight.

Investors can add Loopring (LRC), Helium (HNT), and HedgeUp (HDUP) to diversify their portfolios.

The cryptocurrency market has witnessed a 1% rise in value in the past 24 hours, with its total cap reaching $1.02 trillion after a very strong weekend. This figure represents a 17% rise in a week and a 21% gain in a month, as improved US inflation data and other welcome macroeconomic indicators suggest the beginning of the end for 2022's global downturn.

This year will likely mark the bottom for both the stock and crypto market. Thus, it serves as the best time to look for cryptos to buy.

The crypto verse has seen dramatic publicity over the past two years with a swift move. The perpetual evolution of the space had roused the launch of Loopring. The platform intends to resolve the glitches with regard to centralized and decentralized exchanges.

As the ongoing crypto winter lingers in the new year, LRC, the native token that powers leading layer 2 zkRollup protocol Loopring, was among the top ten cryptocurrency assets by trading volume among the top 500 Ethereum whales in the last 24 hours.

While must-buy cryptos such as Bitcoin have stabilized, small caps are still exciting for investors wishing for more upside for their money.