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North Korean hackers stole $234.33 million from Gate.io in 2018. Earlier this week, the hackers moved 1944.72 Ethereum (ETH) of the stolen funds, worth around $3.2 million at current prices, on-chain sleuth ZachXBT pointed out. The funds had been lying dormant for over 4.5 years, he noted.
The hackers transferred Ethereum worth $3.1 million to a single address 0x27Cf…0FbdCe. The attackers conducted eight other transactions of 1.74 ETH each.
According to ZachXBT, the hackers moved a small amount of the stolen funds to MEXC exchange.
In November, ZachXBT called out Gate.io for trying to keep the April 2018 hack under wraps. In the attack, the exchange lost $10,777.94 Bitcoin (BTC), $218,790 ETH, $Z3,783 Zcash, $99,999,000 Dogecoin (DOGE), $3,043,268 XRP (XRP), $11,000 Litecoin (LTC), and $175,866 Ethereum Classic (ETC).
The majority of the stolen assets were already laundered, ZachXBT said, while the remaining funds were moved this week. The recent transfers virtually emptied the tracked hacker wallet, that now has only $0.03 worth of ETH left, according to Etherscan data.
The post North Korean hackers move $3.2M from Gate.io 2018 hack appeared first on CryptoSlate.
]]>Solana Crypto Rival Bitgert Listed On Gate.io, Litecoin, Cardano, Centcex, Matic, Avalanche Stable Growth
Bitgert, also referred to by the crypto community as the Solana killer, has been listed on Gate.io, a tier-1 cryptocurrency exchange. This is just six months since the project launched, making it one of the fastest-growing blockchains in the market. Despite the Gate.io listing, Bitgert has been doing well in the market, even during the crashes. Cryptocurrencies like Solana, Cardano, Centcex, and others have also been doing well in the market. Read more below about the growth and other developments in these cryptocurrencies.
Bitgert
The listing of the Bitgert token on Gate.io has been one of the biggest news today. The Bitgert team had hinted to this tier-1 exchange listing on 9th Feb on the project’s official Twitter. With this listing comes a lot of good things, including improved token access and increased investors’ confidence. Therefore, the Gate.io listing will see the Bitgert start mooning as more investors will start coming in. The Bitgert is will soon release the CEX beta version as well as development the gasless blockchain now that its testnet is complete. In addition to this, Bitgert has been posting stable growth.
Centcex
In the last few days, Centcex has been recording stable growth. But this is after the cryptocurrency made an incredible performance during the bull period experienced a few days. Centcex is now experiencing very stable growth. But the Centcex team has been delivering on this project faster. In just 2 months of its launch, the team has accomplished a lot in developing the project. The development of the Centcex exchange has been one of the biggest progress the team has made so far. From the Centcex roadmap, the CEX might be launching in Q2 2022.
Solana
Even with Bitgert being said to be the Solana killer, the team at this cryptocurrency is making very big moves in the industry. The key areas that the Solana team has been working on are scaling, security, and decentralization. In all three, they are doing pretty well. The Solana team is working on superior scaling solutions that will make the network faster than the current 65,000 tps. On the utility, the Solana Riptide Hackathon is expected to bring more products to the network. These are factors driving the current Solana performance and will play a key role in starting the bull run.
Cardano
The Cardano crypto coin price in the market has been impressive since February. In just a week of this writing, Cardano posted a 17% increase to trade $1.21. This is how bullish the cryptocurrency has been in the market. But buying one of the largest blockchains, the Cardano team is working on competing with the likes of Solana, which is currently the fast blockchain at 65,000 tips. That’s why the Hydra protocol upgrade still remains one of the biggest development in 2022. Expected to 1m tps, this will make Cardano faster and cheaper. That means Cardano is one of the major crypto projects of 2022.
Avalanche
The charts show that Avalanche is one of the biggest gainers over the last few days, although it is currently posting very stable prices. The Avalanche currently has had an impressive 36% growth in the past 7 days, which indicates how bullish the coin has been. Though the bull market had a lot to do with the bullish growth, the demand for the Avalanche scaling platform was also key. The huge number of wed3 developers on Avalanche is making the crypto grow fast.
Matic
The market is going stable, and Matic has reduced the fast growth pace it has been posting. Even with a 0.7% in 24 hours of writing, Matic was still posting an over 30% increase in a week. This shows how impressive this cryptocurrency has been to the market. But Matic growth has been largely influenced by the Polygon network. With the increasing scaling solutions, Polygon is increasingly glowing popular with Ethereum-based manufacturers. That’s why Matic is always growing stronger. Matic is also expected to continue with a stable growth as the demand for Polygon grows.
Litecoin
The other cryptocurrency posting a stable growth is Litecoin. A lot has been happening around Litecoin that has made the cryptocurrency do well in the last few days. The launch of the widely awaited Litecoin MWEB has been one of the most discussed topics in the crypto market this week. This is a protocol upgrade that is making Litecoin a more powerful network by increasing the security, scalability, and fungibility of the network. Therefore, Litecoin investors can expect the coin to start mooning when the MWEB we fully launched.
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A major new listing is taking place on two of the world’s biggest crypto trading platforms this week, with REVU set to launch on KuCoin and Gate.io.
Revuto is making some big claims about REVU’s debut, saying it’s notable as the first-ever Cardano-native asset to be listed for trading on the tier-1 centralized exchanges. The listing follows a period in which it reckons it has enjoyed “record growth” following the launch of the Revuto subscription management app four months ago.
The REVU token serves as both a utility coin and a governance token for Revuto, which is looking to leverage blockchain technology to solve the headaches of managing multiple subscriptions.
It’s a valid use case, because in today’s digital age an increasing number of people have signed up for multiple services – be it Netflix for streaming, Spotify for music, Dropbox for managing files or Microsoft Office to get their remote work done.
The issue for many people though is not so much the subscriptions they intend to keep using, but rather those they’d like to cancel. Service providers don’t make it easy to exit their subscription plans and so canceling one can become a major chore.
As a result, people often put it off until later, only to forget about it. Then, without warning, the next month’s payment comes around and the money is immediately deducted from their account.
With Revuto people will no longer fall into that trap, as it allows users to subscribe or unsubscribe to any service with a single click. That alone is worth its weight in gold but there’s more to it, as Revuto also provides discounts to users who choose to pay their subscription fees with REVU.
Each payment needs authorization too, so even if a subscription still somehow gets forgotten about, there’s no way the user will be charged for it. Simply click “block” when the reminder comes and that particular service will be consigned to the scrapheap, until such time as the user wants to access it again, which can also be done with a single click.
Revuto adds more value through its DeFi capabilities too, enabling micro-lending and borrowing, staking, liquidity provisions and more.
What’s clear is that Revuto has a huge target market, with millions of people all over the world trying to juggle a growing number of subscriptions they’ve signed up for. So its claims of record growth in the last four months can’t be discounted.
It means REVU is a token with genuine utility and that should make it an enticing prospect for investors as it readies itself to launch on KuCoin and Gate.io this week. The listings will make an extremely useful coin far more accessible than it has been up until now, and it’ll be interesting to see what kind of reception it gets from investors.
The REVU token will begin trading on KuCoin and Gate.io on January 7.
January 6, 2021 – Blockchain startup Revuto has announced that their REVU token will be the first-ever Cardano native asset to be listed on tier 1 centralized exchanges KuCoin and Gate.io.
Revuto, the subscription manager company behind the first mobile wallet and ICO on Cardano, achieved record growth in the past four months since its launch and is now once again leading the way by listing REVU.
“We are proud to make history again with REVU, after being the first ICO, publishing the 1st Cardano lite wallet and breaking records with our growth — we are now the first to list on tier 1 CEXs KuCoin and Gate.io. The process included multiple legal openings for our utility token from top legal firms, including both United States and European Union legislations, with audits being in process and led by the global leader blockchain security. We also partnered with Skynet Trading for institutional-grade liquidity solutions. Our ethos is to work only with the best; to ensure our customers and investors enjoy the best products and returns. It may take longer, and is often the more difficult way — but it’s the right way to build long-term value”, Revuto’s CEO and co-founder Vedran Vukmancommented.
Starting Jan. 7, all retail investors can buy REVU on KuCoin and Gate.io and join the fast-growing startup on their journey.
About Revuto
Revuto is an active subscription management DApp built on Cardano to help people save money on their subscriptions. In May, through ICO, the company raised $10M in minutes and has received 3 million early sign-ups for the app. Starting from August, more than 300 thousand users worldwide registered with the app, making Revuto the fastest-growing fintech startup in the world. As a result, Revuto won the award for the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.
At the moment, the company is preparing to launch its virtual debit card to manage subscription seasonality and allow users to pay for their subscriptions with Cardano native tokens. Later in the year, Revuto will introduce DeFi services to help people pay less for their subscriptions than they would pay using FIAT currency. In that regard, one of the most significant announcements will be the launch of liquidity pools for micro-lending and borrowing. The setup will allow Revuto users to provide liquidity to other Revuto users and earn yield. In contrast, others will be allowed to borrow funds from those pools to pay for their subscriptions even if they don’t have the funds to do so. Most importantly, the ecosystem and tokenomics are designed around the real-world use case that allows Revuto’s cutting-edge blockchain product to stay sustainable regardless of crypto market conditions.
Website: https://revuto.com/
Contact: josipa@revuto.com
This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Revuto (REVU): Cardano native coin to be listed on KuCoin and Gate.io FinanceFeeds
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REVU – the token by blockchain startup Revuto – has become the first Cardano-native asset to be listed on KuCoin and Gate.io – the leading centralized crypto exchanges in the ecosystem. The subscription manager company also achieved record growth in the past fourth months since its launch.
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REVU Listing On Tier One CEXs
Revuto launched its REVU asset and the listing on the tier one exchanges represents a great success. As of January 7, retail investors will be able to buy REVU on KuCoin and Gate.io, as the token becomes the first Cardano-native asset listed on both exchanges.
In a press release, CEO and co-founder Vedran Vukman said: “We are proud to make history again with REVU, after being the first ICO publishing the first Cardano lite wallet and breaking records with our growth —we are now the first to list on tier 1 CEXs, KuCoin and Gate.io.”
The process included multiple legal openings and audits for the utility token —from top legal firms including both U.S. and EU legislations—led by the global leader blockchain security.
“We also partnered with Skynet Trading for institutional-grade liquidity solutions,” Vukman said.
A Riveting Path
Back in May, according to Cointelegraph, the company concluded a $1.7-million private round to back the development of its crypto-subscription payment solution. The referral program for the app registered 1 million subscriptions in two weeks.
The same month, through ICO, Revuto raised $10 million in barely minutes and since then has received 3 million early sign-ups for the app. Later, in August, the app recorded over 300,000 subscribers around the world, which made the company the fastest-growing fintech startup in the industry.
Later, Revuto won an award for being the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.
In 2022, Revuto is planning to introduce Defi services to help users pay less for their subscriptions than they would with FIAT money. For this, the startup will launch liquidity pools for micro-lending and borrowing.
At present, Revuto is cooking the launch of its virtual debit cards to manage subscription seasonality, and allow users to pay for their subscriptions with Cardano native tokens.