DOGE Price Analysis for December 24
vor 3 Tagen
Will the drop of DOGE lead to a test of the $0.12 area soon?
Polymarket blames user account hacks to third-party provider security issue
vor 3 Tagen
Polymarket, a d ecentralized prediction market platform, acknowledged that several user accounts experienced losses due to a security issue involving a third-party provider. The platform stated it has resolved the issue and that no lingering risks remain. According to user reports on social media, the issue appears to have affected users who signed up for Polymarket through Magic Labs, which lets users sign in via email addresses and creates non-custodial Ethereum wallets. Magic Labs sign-up is widely used by first-time crypto users who do not already have digital asset wallets. Polymarket users confirm that their wallets have been hacked The compromise news came last month. One of the senior traders stated that hackers have been using the Polymarket comment section to run a scam. As reported by Cryptopolitan, he claimed that users have lost over $500,000. During the weekend, 23pds, SlowMist’s Chief Information Security Officer, retweeted a warning from a community user about a malicious code in a Polymarket copy-trading bot on GitHub, posing security risks. Reports of account hacks surfaced again earlier this week on X and Reddit, as affected users took to social media to detail their losses. “Today I woke up and see 3 attempts to login to polymarket — My device isn’t compromised, google found nothing suspicious, all other services are fine. “So I went to Polymarket and realized that all my deals were closed and balance is $0.01,” the victim wrote . Polymarket trader’s explanation of the bleach. Source: Reddit Another user in the comment section claimed to have experienced a similar security breach, receiving three attempted login notifications before funds were drained from their Polymarket account. The victim claims that he did not click any links and had two-factor authentication enabled on their email. In response, Polymarket acknowledged the security issue on its official Discord channel. “We recently identified and resolved a security issue affecting a small number of users The issue was caused by a vulnerability introduced by a third-party authentication provider […] We will be in contact with impacted users,” Polymarket wrote . Polymarket’s AI support blames Polygon According to one user, when he reached out to the Polymarket team, they answered that Polygon was responsible. “First line AI support told me it’s issue with Polygon what is obviously a bullshit. Then human gave me instructions how to check where my funds went to,” the trader wrote. This follows news from Mustafa, a member of the Polymarket team, that the company plans to migrate from Polygon and launch an Ethereum Layer 2 network called POLY, which is the project’s current top priority. Polymarket is gradually growing into a new behemoth with its entrance into the US market. The platform has recorded 419,309 active users this month , a total number of transactions is at 19.63 million, and the total trading volume sits at $1.538 billion. Additionally, in 2025, the Polygon mainnet experienced 15 different network anomalies, maintenance events, or outages, some of which caused delays in Polymarket’s order matching. The most recent outage occurred on December 18. Also, the relatively weak ecosystem has objectively become a limitation. This, however, will affect the Polygon network. Defillama data shows that all positions on the Polymarket platform are worth about $326 million right now. This is a quarter of the $1.19 billion that is locked up on the Polygon network. Additionally, Coin Metrics stated that Polymarket transactions used about 25% of Polygon’s overall network gas. Statistics on Dune also show that transactions related to Polymarket used about $216,000 in gas in November. Token Terminal statistics show that Polygon used about $939,000 in gas in the same month, which is approximately 23%. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program
Crypto Market Faces Intense Sell-off as Bitcoin Plummets
vor 3 Tagen
Cryptocurrency market experiences significant volatility with large sell-offs. BTC and ETH attract more capital as altcoins face supply pressure. Continue Reading: Crypto Market Faces Intense Sell-off as Bitcoin Plummets The post Crypto Market Faces Intense Sell-off as Bitcoin Plummets appeared first on COINTURK NEWS .
Solana Eyes Massive 2026 Gains with US Bank USDC Settlement and Major Consensus Overhaul
vor 3 Tagen
Solana could see massive gains in 2026 as real-world adoption accelerates and a sweeping core protocol upgrade moves closer to mainnet deployment.
Ethereum Whales Stack Millions of ETH Despite Slow Price Action
vor 3 Tagen
Ethereum (ETH) is finishing December with dull price action as on-chain and institutional indicators suggest a further buildup by big investors. Although the momentum has slowed, data sources indicate continued buying by high-capital participants. Large ETH Holders Increase Positions On-chain data shows a rapid rise in ETH balances held by wallets controlling between 10,000 and 100,000 tokens. Combined holdings for this group rose from roughly 17–18 million coins to more than 21 million ETH within a short period. The speed of the increase stands out when compared with earlier market phases. Crypto analyst Joseph Young noted that “ whale accumulation of ETH is at an ALL-TIME HIGH. ” The data suggests this accumulation is taking place outside of peak price conditions. This group of holders is typically linked to funds, long-term entities, and high-net-worth participants rather than short-term traders. gm whale accumulation of ETH is at an ALL-TIME HIGH. conviction capital sees ethereum: > securing 68.2% of all DeFi TVL > DATs aggressively stacking ETH > issuing 64.44% of all stablecoins > institutions like JPM building directly on ethereum believe in ETH. pic.twitter.com/h99psHjHQR — Joseph Young (@iamjosephyoung) December 24, 2025 Meanwhile, Ethereum continues to account for most on-chain financial activity. Conviction Capital data shows the network holds 68% of total DeFi value locked and issues over 64% of all stablecoins. Large financial firms, including JPMorgan, are also building infrastructure directly on Ethereum, adding to long-term usage of the network. Recent disclosures point to growing institutional exposure to Ethereum. Tom Lee’s firm, Bitmine Immersion Technologies, added 98,852 ETH to its balance sheet over the past week. According to Maartunn, ETH purchases linked to Lee totaled approximately $953 million this month, exceeding the amount recorded in November. ETH Supply on Exchanges Keeps Falling CryptoQuant data shows Ethereum exchange reserves declined from about 20.8 million tokens to around 16.4 million over the past year. This reflects net outflows of roughly 4.4 million ETH from centralized trading platforms. Ethereum Exchange Reserve 24.12. Source: CryptoQuant The reduction in exchange balances continued even during recent price pullbacks. This suggests ETH is being moved into self-custody, staking contracts, or long-term storage rather than prepared for immediate sale. When viewed alongside rising whale balances, the data points to steady supply absorption. Price Holds Near Key Technical Levels Ethereum is trading at about $2,940, with modest weekly gains and lower daily momentum. Analysts note that the price is approaching the 200-week exponential moving average, a level often watched during extended consolidations. CryptoPulse stated that “a strong bounce from that level would help maintain the structure,” while a loss could open a move toward the $2,000–$2,100 range. Separately, CryptoWZRD also noted that holding above $3,060 could allow short-term upside, while $2,800 remains a key support zone. The post Ethereum Whales Stack Millions of ETH Despite Slow Price Action appeared first on CryptoPotato .
Analyst: This XRP Price Chart Is Interesting for One Reason
vor 3 Tagen
XRP’s price action has remained subdued in recent months, testing the patience of both traders and long-term investors. While short-term charts continue to reflect hesitation and compressed volatility, higher-timeframe indicators are beginning to tell a very different story. For seasoned market watchers, it is often these quiet moments that precede the most consequential phases of a cycle. A recent observation shared by STEPH IS CRYPTO on X has drawn renewed focus to XRP’s long-term technical structure. Steph highlighted a rare signal on the three-week chart that has appeared only once before in XRP’s trading history, making it a development that long-term holders cannot easily ignore. A Rare Signal on a High Timeframe On the three-week timeframe, XRP’s Stochastic RSI has dropped to 0.00. This is an extreme reading that rarely occurs on such a high timeframe, where indicators move slowly and reflect broad market forces rather than short-term sentiment. According to Steph, the last time this exact condition appeared was at the 2022 bear market bottom. At that point in the cycle, XRP was not entering a speculative rebound. Instead, it transitioned into a prolonged accumulation phase, where price stabilized, volatility faded, and supply gradually shifted into stronger hands before the next major move higher. This $XRP chart is interesting for one reason. On the 3-week timeframe, the Stochastic RSI has dropped to 0.00. That’s extremely rare and has only happened once before — at the 2022 bear market bottom. On such a high timeframe, this indicator only reaches zero when… pic.twitter.com/vNhoTXNewi — STEPH IS CRYPTO (@Steph_iscrypto) December 23, 2025 What a Zero Stochastic RSI Actually Means A Stochastic RSI reading at zero does not imply that price must reverse immediately. Rather, it signals that selling momentum has been fully exhausted. On higher timeframes, this exhaustion reflects a structural slowdown in downside pressure, not a temporary pause caused by oversold conditions on lower charts. Steph emphasized that when this indicator reaches zero on a multi-week timeframe, it usually indicates that bearish momentum has dried up. Price may continue to consolidate, but the probability of aggressive downside continuation becomes increasingly limited. Accumulation Over Distribution One of the most important implications of this signal is what it suggests about market behavior beneath the surface. Rather than widespread distribution, the data points toward long-term holders absorbing available supply. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Historically, this type of environment tends to form near cycle lows, when speculative interest is muted, and conviction-driven accumulation quietly increases. This pattern has been a defining feature of XRP’s previous major bottoms, where extended consolidation ultimately laid the groundwork for explosive upside once broader market conditions improved. A Cycle-Level Indicator, Not a Trading Signal It is critical to view this development through a long-term lens. Signals like this are not designed for short-term trades or precise market timing. Instead, they help define where an asset sits within its broader cycle. As Steph noted, these conditions tend to mark structural lows rather than short-lived opportunities. As XRP continues to trade within a compressed range, the reappearance of this rare high-timeframe signal suggests the market may be closer to exhaustion than to renewed decline, reinforcing the case for patience over prediction. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: This XRP Price Chart Is Interesting for One Reason appeared first on Times Tabloid .
Bitcoin Holds the Line Near $87K as Indicators Send Mixed Holiday Signals
vor 3 Tagen
Bitcoin’s price on Wednesday stands at $87,234, with a market capitalization of $1.74 trillion, reflecting a cautious tone heading into Christmas Eve as 24-hour trading volume clocks in at $36.90 billion and the intraday range stays boxed between $86,713 and $88,091. The numbers suggest bitcoin is pacing itself rather than sprinting, as traders digest mixed
XDC Network Price Analysis: Bearish Trend May Stall at Key $0.051 Resistance
vor 3 Tagen
XDC Network price faced rejection at the $0.051 resistance on December 20, 2025, entering a short-term consolidation phase after a bearish long-term trend. Key levels to monitor are $0.045 support and $0.051 resistance, with potential for continuation lower unless bullish momentum builds. XDC Network price shows bearish structure on daily charts, confirmed by a lower [...]
Polymarket Hack: Third-Party Vulnerability Drains User Funds
vor 3 Tagen
Polymarket has confirmed that a recent wave of wallet drains affecting user accounts was caused by a security vulnerability tied to a third-party authentication provider, following days of complaints from users who said their balances were emptied after unexplained login attempts. The decentralized prediction market platform said the issue has now been fixed and that there is no ongoing risk, though it has not disclosed how many users were affected or the total value of funds lost. Polymarket said that multiple user accounts recently suffered fund losses due to a security vulnerability in a third-party authentication service. The issue has been fixed and no ongoing risk remains. Some users reported on social media that their funds were drained after… — Wu Blockchain (@WuBlockchain) December 24, 2025 Login Emails, Empty Accounts: Polymarket Users Describe Sudden Fund Losses Reports of suspicious activity began circulating earlier this week on X and Reddit, where several users described receiving multiple login notification emails despite not attempting to access their accounts. In multiple cases, users said they logged in hours later to find their positions closed and balances nearly zero. One Reddit user wrote that three login attempts were flagged while their email and other online accounts showed no signs of compromise, adding that their Polymarket funds were drained at the same time the login emails were sent. Another user provided a detailed account suggesting the breach may have involved weaknesses in the platform’s one-time password system at the time of the incident. A bunch of people reporting their polymarket accounts using magic link were drained. Possibly an ongoing security issue with magic link (though can never rule out user error / phishing). A few from discord posted below but I've seen more reports. pic.twitter.com/hQkyzJdE6V — Spreek (@spreekaway) December 23, 2025 According to the user, the login codes were only three digits long and may have been vulnerable to brute-force attempts. The user noted that shortly after the incident, Polymarket appeared to increase the OTP length to six digits, though the company has not publicly commented on that specific claim. if you have ever used or downloaded this @Polymarket trading bot, move your funds to a new wallet immediately this repo called simone46b/polymarket-trading-bot contains a malicious npm package called polystream/streaming, it pretends to be a sha256 validation utility, but it is… — Saurav (@0x_saurav) December 22, 2025 User reports have pointed to a common thread among affected accounts. Several said they had signed up through Magic Labs, a popular onboarding service that allows users to log in with email addresses and automatically creates non-custodial Ethereum wallets. Magic Labs is widely used by newer crypto users who do not already manage their own wallets. While Polymarket did not name the authentication provider involved, it acknowledged in a message posted to its official Discord channel that the vulnerability originated from a third-party service. Source: Polymarket Discord The platform said it would contact impacted users directly but did not offer details on reimbursements or recovery options. Third-Party Breaches Keep Haunting Crypto Platforms The incident is not the first time Polymarket has faced security-related concerns tied to external services. In September 2024, users who logged in through Google accounts reported wallet drains involving unauthorized proxy transactions that moved USDC funds to phishing addresses. At the time, Polymarket investigated the events as potentially targeted exploits linked to third-party authentication tools. More recently, a phishing campaign that abused the platform’s comment sections resulted in losses exceeding $500,000 after users were redirected to fake login pages. The breach comes amid a broader rise in third-party security failures across the crypto and technology sectors. This week, crypto tax software firm Koinly warned users that email addresses may have been exposed following a breach at Mixpanel, an analytics provider it previously used. @KoinlyOfficial warns a third-party breach may have exposed user emails but stresses that no wallet, transaction, tax, or portfolio data was shared with Mixpanel. #CryptoSecurity #CryptoTax #Koinly https://t.co/ASDxMchfyg — Cryptonews.com (@cryptonews) December 23, 2025 Koinly reported that no financial/tax information had been breached and that it no longer uses the service. Elsewhere, Swiss crypto platform SwissBorg released a report of a loss of 41 million earlier this year following a compromise by attackers of an API provider, and Discord and a number of DeFi protocols have also reported attacks related to external vendors. SwissBorg hit by $41.5M $SOL hack after API compromise amid cascade of crypto security failures, including Nemo and Aqua exploits. #CryptoHack #Solana https://t.co/ztUl2s0yxv — Cryptonews.com (@cryptonews) September 8, 2025 A consistent warning that security researchers have given is that the use of third-party infrastructure can increase attack surfaces, particularly with crypto platforms growing. The post Polymarket Hack: Third-Party Vulnerability Drains User Funds appeared first on Cryptonews .
Addresses tied to Mt. Gox move 1,300 Bitcoins ($114M) to unidentified platforms
vor 3 Tagen
Wallets tied to Aleksey Bilyuchenko moved 1,300 Bitcoins worth about $114 million to unidentified platforms over the past week, according to Arkham analyst Emmett Gallic. Aleksey is connected to the Mt. Gox breach and the operation of BTC-e, and these same wallets still control 4,100 Bitcoins valued near $360 million, while 2,300 Bitcoins have already been sold as of press time. This latest development adds to a case that stretches back more than a decade, as Aleksey faces U.S. charges tied to the laundering of crypto connected to these historic exchange crimes. Source : Arkham/X BTC-e handled billions while running outside U.S. rules The US Secret Service records from June 7, 2023 said Aleksey worked with Alexander Vinnik and others to operate BTC-e from 2011 until its shutdown by US DOJ in July 2017. During those 6 years, BTC-e was one of the world’s largest crypto exchanges, serving more than one million users worldwide. Prosecutors say BTC-e received proceeds tied to computer intrusions, hacking incidents, ransomware events, identity theft schemes, corrupt public officials, and narcotics distribution rings. The exchange operated without a license and without required controls. Aleksey is charged with money laundering conspiracy and operating an unlicensed money services business, according to court filings by the DOJ. From September 2011 through at least May 2014, the group caused the theft of roughly 647,000 Bitcoins, which is most of the Bitcoins held for Mt. Gox customers . Prosecutors say that the stolen Bitcoin was laundered mainly through addresses linked to accounts Aleksey and his group controlled at two other online exchanges identified in the filings as Exchange-1 and Exchange-2, along with a specific Mt. Gox user account. In April 2012, Aleksey and Verner negotiated a fraudulent Advertising Contract with a Bitcoin brokerage based in the Southern District of New York. Under the contract, the brokerage made large wire transfers to offshore bank accounts, including accounts held by shell companies controlled by the group. Between March 2012 and April 2013, the broker sent more than $6.6 million overseas. In return, the brokerage received credit on Exchange-1. Through that access, the group laundered more than 300,000 Bitcoins taken from Mt. Gox . The Advertising Contract served as a cover that allowed the stolen Bitcoin to be concealed and liquidated. Former U.S. Attorney Damian Williams said , “As alleged, Alexey Bilyuchenko and Aleksandr Verner thought they could outsmart the law by using sophisticated hacks to steal and launder massive amounts of cryptocurrency, a novel technology at the time, but the charges unsealed demonstrate our ability to tenaciously pursue these alleged criminals, no matter how complex their schemes, until they are brought to justice.” Join Bybit now and claim a $50 bonus in minutes