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The meme coin market has dropped significantly over the past month. Amidst this, Shiba Inu (SHIB) witnessed a massive correction. The asset dipped by 30% throughout the past 30 days. SHIB traded at $0.00001345 at press time following a 4.40% weekly crash. Despite this, the community continues to remain optimistic about the meme coin. Also Read: Shiba Inu: $1,000 Investment for $100,000 Future! Factors Influencing Shiba Inu’s Potential Rise to 1INR Current SHIB Price and Market Sentiment Just as the United States SHIB community expects the asset to reach the one-cent mark, Indian cryptocurrency enthusiasts have been eyeing the one-in-Indian rupee milestone. Currently, SHIB is trading at around 0.0011 INR. To hit the one-in-Indian rupee level, SHIB will have to surge to $0.012. According to data from Telegaon, the meme coin will likely reach this level sometime after 2035 or around 2040. Source Rising Interest Among Indian Investors This prediction is based on the rising interest in...

"My Bitcoin was taken. How?" A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out. A Reddit user has become the latest example of why crypto users should be more careful when using wallet generators — after the user lost a few thousand dollars worth of Bitcoin (BTC) from their "secure" paper wallet. On July 24, a Redditor by the name /jdmcnair posted on the r/Bitcoin subreddit, asking for an explanation on how a hacker could have been able to steal over $3,000 worth of Bitcoin from their supposedly secure paper wallet — which was even generated on an offline computer. The Redditor's Bitcoin wallet address shows an outgoing transaction of 0.12 BTC. Source: Blockchain.com “I was doing self-custody, generated my key and printed it on paper on an offline computer, transferred my BTC to this offline wallet, and kept it stored in a safe that only I have the key for,” the user wrote. “I though...

Web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users. Popular crypto wallet provider MetaMask warned investors against ongoing phishing attempts by scammers attempting to contact users through NameCheap’s third-party upstream system for emails. On the evening of Feb. 12, web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users. Namecheap described the incident as an "email gateway issue." ️MetaMask does not collect KYC info and will never email you about your account! Do not enter your Secret Recovery Phrase on a website EVER. If you got an email today from MetaMask or Namecheap or anyone else like this, ignore it & do not click its links!https://t.co/EP0HGZFOfo pic.twitter.com/4CDtne24OK — MetaMask (@MetaMask) February 13, 2023 In the proactive alert, Me...

SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams. Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord. It comes after the Security firm recorded a total of 303 Blockchain Security incidents in the year, with 31.6% of these incidents caused by phishing , rug pull or other scams, according to a Jan. 9 SlowMist Blockchain Security report. A pie chart of attack methods in 2022 in percentages Source: SlowMist Malicious browser bookmarks One of the phishing strategies makes use of bookmark managers, a feature in most modern browsers. SlowMist said scammers have been exploiting these to ultimately gain access to a project owner’s Discord account. "By inserting JavaScript code into bookmarks through these phishi...

BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack. Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of funds by the company and its customers. BTC.com experienced a cyberattack on Dec. 3, with attackers stealing around $700,000 in client assets and $2.3 million in the company’s assets, the mining pool’s parent firm BIT Mining Limited officially announced on Dec. 26. BIT Mining and BTC.com reported the cyberattack to law enforcement authorities in Shenzhen, China. The local authorities subsequently launched an investigation into the incident, starting collecting evidence and requesting assistance from relevant agencies in China. The local coordination has already helped BTC.com recover some of the assets internally, the announcement notes. “The company will devote considerable efforts to recover the stolen digital assets,” BIT Mining said, adding th...