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Cryptocurrencies/Coins/Orchid (OXT)
Orchid price, market cap on Coin360 heatmap

Orchid(OXT)

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$0.126586
(3.02%)
0.00000516 BTC
Market Cap (Rank#280)
$87,431,786
3,567 BTC
Vol 24h
$2,462,493
100.469 BTC
Circulating Supply
690,690,083.77
Max Supply
1,000,000,000
202 days agocryptodaily
Crypto.com Hack Could Be Worth Double The Initial Reported Amount
According to an online chain analyst, the total loss from the latest hack on Crypto.com, which affected over 400 users, could amount to more than the reported $15 million. Analyst Claims Additional Funds Lost An on-chain analyst at Bitcoin research firm OXT Research, who goes by the pseudonym ErgoBTC has tweeted out that the Crypto.com hack might be resulting in losses worth $33 million. The initially reported loss amount was 4.6K ETH or $15 million. Ergo tweeted, “Adding another 444 BTC to the previously reported 4.6k ETH from yesterday's crypto.com hack…We noted this abnormally large withdrawal from crypto.com's payout wallet…Shortly after, several hundred withdrawals are consolidated into 4 outputs for 67.75 BTC…The 271 BTC then make a series 24 or 25 BTC deposits to a well-known BTC tumbler.” Multiple Unauthorized Withdrawals Shown The attack which happened on 17th January was brought to the notice of the Crypto.com team when around 483 users experienced unauthorized crypto withdrawals from their accounts. Detecting the suspicious activities, Crypto.com had halted all withdrawals. “Earlier today, a small number of users experienced unauthorized activity in their accounts. All funds are safe.” Since then the exchange has resumed withdrawals and reimbursed all users who had lost funds. Initial reports had emerged saying that around 4600 ETH worth $15 million had been lost in the breach. However, ErgoBTC’s tweets suggest that another 444 BTC worth $18.5 million has been stolen from Crypto.com’s payout wallet. Furthermore, according to ErgoBTC, OXT Research has discovered another $2.18 million worth of suspicious transaction (around 52 BTC) from Crypto.com’s custodial wallet. Finally, hundreds of withdrawals combined into four outputs worth a total of 271 BTC ($11.25 million) were further made and laundered through a suspicious BTC tumbler that has been previously involved in the DPRK Lazarus hacks and the Darkside ransomware hacks. Team Crypto Claims Recovery Commenting on the hack, Crypto.com CEO, Kris Marszalek had said, "There are multiple layers, and in this particular incident, some of these layers were breached…which resulted in about 400 accounts having unauthorized transactions. In any case, one has to remember that given the scale of the business, these numbers are not particularly material." According to early speculations, the hackers managed to bypass 2FA security and access these accounts. Users have been requested to reset their 2FA information and log out and log back in to regain access. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
226 days agocryptodaily
World’s Largest Breast Cancer Charity Begins Accepting Crypto Donations
The world’s largest breast cancer charity, Susan G. Komen, has announced that it will begin accepting cryptocurrencies in partnership with The Giving Block, a leading donation solution. The announcement revealed that the charity would accept the world’s largest cryptocurrency, Bitcoin, along with Shiba Inu and Dogecoin. Susan G. Komen has been at the forefront of the war against breast cancer. A Significant Selection Of Cryptocurrencies The crypto charity platform will offer donors a wide variety of options such as Dogecoin (DOGE), Shiba Inu (SHIB), and Dogelon Mars (ELON). It also offers others such as Orchid (OXT), Civic (CVC), and Gala (GALA). The charity utilizes donations to raise awareness, provide education, and fund research into breast cancer. So far, it has invested over $1.1 billion since 1982. Partnership With The Giving Block The Giving Block was founded in 2018 and has already partnered with hundreds of charities. It had also announced a new service that streamlines the process of donating crypto for wealthy donors, making the entire process much simpler. It has also launched 15 new funds that organize non-profit organizations by their common causes, making it simpler for donors to support the charities. Crypto Donations Seeing A Significant Boom Cryptocurrency donations have seen a significant jump as the year draws to a close. 2021 has seen an increase of 583% in digital asset donations compared to donations in 2020 on Crypto Giving Tuesday, an initiative started by The Giving Block. The Giving Block processed over $2.4 million in gifts on Crypto Giving Tuesday, with donations averaging $12,600. Speaking about Crypto Giving Tuesday, Co-Founder of The Giving Block, Pat Duffy, stated, “That day has inspired hundreds of conversations with high-net-worth donors, companies, and projects that want to make gifts.”’ Other Charities See Similar Growth In Donations Several other charitable organizations have also reported a significant spike in crypto donations, with Tony Oommen, Vice President and charitable planning consultant of Fidelity Charitable, reporting a five-fold increase in donations from 2020 to 2021. He attributed the spike in donations to the unprecedented growth of some crypto assets, citing Bitcoin as an example. The Tax Angle Taxes are not considered to be the prime motivation for donations and gifts. Still, it is worth noting that cryptocurrency could be subject to capital gains tax if it is sold for a profit. The amount of time an individual holds the cryptocurrency also affects the taxation rates. If an individual holds cryptocurrencies for over a year, then the individual could be subject to long-term capital gains tax ranging from 0%, 15%, or 20%. However, any assets held for a duration shorter than a year are only subject to regular income tax. Donating crypto directly to charitable causes helps individuals avoid capital gains tax. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
342 days agozycrypto
Vast Bank Becomes First Federally Chartered U.S. Bank To Let Customers Buy, Sell, and Custody Bitcoin, Ethereum, Cardano From A Checking Account
Vast Bank customers can now buy, sell, and custody eight cryptocurrencies directly from and through an FDIC-insured bank checking account. The cryptocurrencies available for trading through the accounts are Bitcoin, Ethereum, Litecoin, Cardano, Filecoin, Orchid, Bitcoin Cash, and Algorand. The bank will be offering instant settlement for buyers and sellers of these coins. This makes […]

About Orchid

The live price of Orchid (OXT) today is 0.126586 USD, and with the current circulating supply of Orchid at 690,690,083.77 OXT, its market capitalization stands at 87,431,786 USD. In the last 24 hours OXT price has moved 0.003766 USD or 0.03% while 2,242,942 USD worth of OXT has been traded on various exchanges. The current valuation of OXT puts it at #280 in cryptocurrency rankings based on market capitalization.

Learn more about the Orchid blockchain network and how it works or follow the price of its native cryptocurrency OXT and the broader market with our unique COIN360 cryptocurrency heatmap.

Orchid Price0.126586 USD
Market Rank#280
Market Cap87,431,786 USD
24h Volume2,462,493 USD
Circulating Supply690,690,083.77 OXT
Max Supply1,000,000,000 OXT
Yesterday's Market Cap87,577,384 USD
Yesterday's Open / Close0.123031 USD / 0.126797 USD
Yesterday's High / Low0.127035 USD / 0.119861 USD
Yesterday's Change
0.03% ( 0.003766 USD )
Yesterday's Volume2,242,942.20 USD
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