• Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has seized $6 million in crypto assets related to the Axie Infinity hack.
• The attack was linked to North Korean hacking group Lazarus, which has stolen millions worth of cryptocurrency.
• Økokrim’s seizure is the largest such seizure in their history, showing their commitment to tackling cybercrime.

Norway Seizes Stolen Crypto Assets Worth $6M In Axie Infinity Hack

Background

The crypto industry has been battling with issues of hacks for years back, while some platforms have recovered a few stolen funds, most have remained with the hackers. One such hack occurred in Axie Infinity and was linked to the notorious North Korean hacker group Lazarus.

Norway Agency Makes Its Biggest Seizure Of Crypto Assets

Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) recently seized $6 million in crypto assets related to the Axie Infinity exploit. This is the largest ever made by Økokrim, showing their commitment to tackling cybercrime. The agency has been investigating many exploits related to digital assets and works in partnership with international law enforcement agencies such as the FBI, monitoring trends of stolen funds and preventing hackers from laundering them on legitimate platforms.

Response From Norwegian Authorities

First Attorney Marianne Bender praised Økokrim’s operations, noting this is evidence of Norway’s strong stance against crypto-related crime. She also highlighted the importance for regulators to cooperate internationally on these matters, commending Norway’s cooperation with countries like the US via its partnership with the FBI.

Conclusion

The recent fund seizure by Økokrim highlights their commitment towards fighting cybercrime using blockchain technology and international collaboration between law enforcement agencies worldwide. It also sends out a strong message that cryptocurrency-related crimes will not be tolerated or go unpunished, regardless of who is behind them or where they originate from.

Overview of TonCoin

• Toncoin (TON) is one of the best-performing coins in the crypto market heading into this week.
• Despite a downtrend for most coins, TON has bucked the trend and is currently trading at $2.30 with 3.68% gains in 24 hours.
• Investor interest appears to be fueling the current rally for TON, with its technicals and moving averages showing positive results.

Crypto Market Struggles to Maintain Momentum

The crypto market is heading into this week on a weak note, as investor confidence declines due to coin prices dropping after weeks of gains. The entire crypto market cap has dropped to just $1.01 trillion, which would be desirable for investors to see it maintain above that level. Major coins are also trading down and are testing resistance levels they left behind weeks ago.

TonCoin Shows Technical Strength

Despite the bearish sentiment in the market, Toncoin (TON) is standing strong with an impressive uptrend of 3.68% in 24 hours that has brought its price up to $2.30 per coin. With its success, TON has now become one of the 25 most valuable cryptocurrencies in the market – an impressive feat given that it was launched less than 18 months ago. Additionally, all its moving average indicators are above its current price point from 10-day MA ($2.309) up to 200-day MA ($1.549). The short-term MA metrics are threatening to reach its price but should remain at bay if there’s a sustained rally from TON’s side. Surprisingly, TON has a negative MACD which shows a sell signal; however RSI (52.09) is now rising indicating possible overbought region approachsment .

Investor Interest Fuels Rally

Toncoin was initially abandoned but relaunched by Telegram mobile messaging platform developers as a decentralized layer-1 blockchain platform back in late 2020 and since then it’s been gaining traction among investors who appear interested in taking advantage of its potential gains amidst other assets experiencing significant losses during this period of time – making it ideal for those looking for more stable returns during these times of uncertainty within the crypto markets..

Conclusion

Toncoin (TON) looks set to continue delivering stable gains despite bearish sentiment across much of the crypto markets thanks largely due its solid technicals backed by investor interest that continues fuelling its current rally – making it ideal for those seeking more stability during these uncertain times within traditional financial markets

Gemini Dollar (GUSD) Overview

• Gemini Dollar (GUSD) is a stablecoin famous for combining the creditworthiness and price stability of the U.S. dollar (USD) with the technological privileges of a crypto asset.
• GUSD token ranked #76 on CoinMarketCap at the time of writing, with a live market cap of $605.02
• OKX and Ouyi recently declared delisting of GUSD due to its “high risk”

What is GUSD?

Gemini Dollar (GUSD) is a stablecoin famous for combining the creditworthiness and price stability of the U.S. dollar (USD) with the technological privileges of a crypto asset. It is issued by Gemini, a New York trust company regulated by the New York State Department of Financial Services. At the time of writing, GUSD token ranked #76 on CoinMarketCap, with a live market cap of $605.02 and 24-hour trading volume after losing 10.09% to $476,318, up 0.26% in the last 24 hours to $0.997.

Why is GUSD Delisted?

Crypto and derivatives exchange OKX recently declared official delisting of U.S-backed stablecoin Gemini Dollar (GUSD). This was followed by digital asset trading platform Ouyi’s February 1 move to exclude flash exchange services related to GUSD due to projects conducted by Ouyi’s risk control department based on their „Ouyi Rules on Hiding TOKEN and Offline Trading Pairs“. These regulations were put in place to maintain „a healthy digital asset environment“ while optimizing projects‘ liquidity and providing users with an improved trading experience. Wu Blockchain also said that flash swaps would no longer back any GUSD exchanges as it „touched offline rules“ and ran on „high risk“.

Impact On Token Price

The exact impact this delisting will have on GUSD’s token price remains uncertain at this point, however it could potentially lead to downward pressure as investors become more wary about investing in such an unpredictable asset class or one that lacks liquidity or access through certain exchanges or platforms in general – both factors which are usually taken into consideration when determining token prices during periods such as these when volatility runs high across all markets including cryptocurrencies..

Conclusion

It remains unclear what effect this delisting will have on Gemini Dollar’s token price but it could potentially lead to downward pressure over time as investors become more cautious about investing in unstable assets without adequate liquidity options across major exchanges or platforms – both factors which heavily influence token prices during periods like these when volatility runs rampant across all markets including cryptocurrencies..

• Theta (THETA) has gained over 6.62% in the last 24 hours, reaching an intraday high of $1.18.
• The next resistance level for THETA/USD could be around $1.20, while its current price is at $1.12.
• If the bulls increase the buying pressure and push the Theta price higher, further resistance levels could be found at $1.40, $1.50, and $1.60 against Bitcoin (BTC).

Theta Price Prediction for Today

Theta (THETA) has been on a bullish trend in the past 24 hours with a gain of 6.62%, pushing its price to an intraday high of $1.18 and currently trading at $1.12 as per Coinmarketcap data.. Analysts expect that if there is more buying pressure from buyers then the next resistance level for THETA/USD could be around $1.20 or higher.. Meanwhile, strong support for the coin lies at levels of $0.90, $0.80 and 0$070 if prices fall below this barrier..

Theta Statistics

The Theta market capitalization stands at 1 billion USD with a circulating supply of 1 billion tokens and total supply of 1 billion tokens according to Coinmarketcap rankings.. Currently, it is ranked #47 among other cryptocurrencies in terms of market value..

THETA/USD Market Key Levels

The daily chart reveals that THETA/USD faces an uptrend as it is getting ready to trade above the upper boundary of the channel.. However, today’s low at $1 can serve as strong support for any possible sell-off should it break down below this level.. Moreover, if there is increased buying pressure and further gains are seen then further resistances may be seen at levels of $1.40,$1,.50 and$1660 respectively.,

THETABTC – Daily Chart

Against Bitcoin (BTC), Theta (THETA) is demonstrating a positive sign above both 9-day and 21-day moving averages but within a narrow channel range.. At present, it trades near 487 SAT which is close to the upper boundary of this channel pattern indicating potential further gains in prices if buyers increase their demand for this digital asset..

Conclusion

Overall analysts are optimistic about Theta’s future performance as its trend remains bullish over short term time frames however caution must still be taken when investing in any digital asset due to their highly volatile nature…