In this crypto-remedying from May 12 to 18, you can read a summary of the news on the most important cryptocurrencies of the week.
Big advanced on the altcoin market to significant hacking in Coinbase, new developments in the PI network to legal actions in the XRP case; This is the latest news on the market.
Analyst: “Now altcoins have fun”
The Altcoin market suddenly shows a considerable movement after a long period of silence. According to analyst Michaël Van de Poppe, Ethereum He has recorded the highest price increase since 2020.
Other altcoins have also recorded strong benefits. “We have always dropped by 50%, but it was 70%. The feeling changes, and that seems the beginning, “said Van de Poppe.
He points out that in the past, the lowering markets previously for years and that the current ascending market is unlikely to end after a few months. In his opinion, now a longer bullish phase begins.
“The graphics seemed useless. And at that time, the change came. Now it’s fun ”.
Hackean Coinbase, the main cryptocurrency bag
In the middle of the positive feeling around altcoins, they also appeared news worry cryptocurrencies. Coinbase, one of the largest cryptocurrency bags in the world, has undergone a selective attack.
Employees of the support team abroad were welded by cybercriminals to filter customer data. With this information, the group tried to extort Coinbase for $ 20 million.
According to CoinbaseIt is not a question of accessing cryptocurrencies or critical information such as passwords, but the stolen data from customers allow you to use social engineering to deceive users and continue to access their cryptocurrencies.
Trump’s son: “ The world is trying by Monopol Bitcoin ‘
Eric TrumpThe son of American president Donald Trump, revealed that the world is currently trying to monopolize Bitcoin in Masa.
“I listen to him from sovereign funds, the richest families and the largest companies,” said Trump.
The XRP box receives a backhand
Ripple and the American stock market control body were faced with a legal setback this week. The two wanted to reduce the fine by $ 125 million previously imposed, but submitted their request by an incorrect legal route.
Consequently, judge Anali Torres rejected his request, explaining that the examination is only possible by an official request for examination or in exceptional circumstances, that they did not occur.
Although the agreement of the agreement is not disputed, the judge said that the appropriate procedure should be followed. The case Xrp It is therefore postponed, but for the moment, important background implications are maintained.
Pi Network makes an important step, but its price drops
This week, there was also news on Pi network. The project has closed the central node and announced that the source code will soon be open source.
It is a step towards decentralization, a key principle in the world of cryptocurrencies. However, doubts persist, especially since the central team continues to have a large part of the currencies and the consensus mechanism has not been evaluated independently.
THE Pi Prix It went from $ 1.41 to $ 0.67 euros this week. However, the currency recorded a resumption of almost 10% in the last 24 hours.
Main and bottom of cryptocurrencies this week
| Crypto | Accurate | Climb | Crypto | Accurate | Drop |
| Dogwifhat | 0 9244 € | + 19.4% | Red pi | 0,6784 € | -15.9% |
| Hyperlichide | € 24.15 | + 13.8% | Optimism | 0.65 € | -15.6% |
| Monero | € 308.91 | + 8.7% | Subcontractor | € 5.38 | -14.1% |
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