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Cryptocurrency News Articles

2024 Year-End Review: Vitalik Buterin Adopts Moo Deng the Hippo, James Howells Continues Bitcoin Hard Drive Battle

Dec 28, 2024 at 03:13 am

The final week of 2024 marked notable developments in the cryptocurrency sector, chief among them Ethereum co-founder Vitalik Buterin's adoption of a viral internet sensation

2024 Year-End Review: Vitalik Buterin Adopts Moo Deng the Hippo, James Howells Continues Bitcoin Hard Drive Battle

Cryptocurrency news for the final week of 2024 includes Ethereum co-founder Vitalik Buterin adopting a pygmy hippopotamus named Moo Deng at a Thailand zoo with a donation of 88 Ether ($292,000).

In other news, James Howells is continuing his legal battle to retrieve a hard drive containing private keys for over 8,000 Bitcoin ($773 million), which was discarded in a landfill in 2013.

South Korea has sanctioned 15 North Koreans for their involvement in cryptocurrency thefts, which reportedly aided North Korea's missile development funding.

Cyber theft in the crypto space reached alarming levels in 2024, with losses exceeding $2.3 billion from 165 incidents, a 40% increase from the previous year.

On the Solana network, the Jito staking pool has surpassed $100 million in monthly tips from priority fees.

Finally, most top cryptocurrencies posted gains for the week in the decentralized finance (DeFi) market.

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