Cryptocurrency Prices: Bitcoin Prices Rise, Ethereum Also Bounced

On the other hand, Binance Coin has come to Rs 24,436 with a jump of 2.66 percent in the last 24 hours. Talking about XRP, this cryptocurrency has seen a decline of 1.36 percent during 24 hours. This cryptocurrency is currently present at Rs 28.9100.

At the same time, Polkadot has reached Rs 632.00 with a slight increase of 0.15 percent during the last 24 hours. Whereas, Dogecoin has fallen 1.5 percent in 24 hours to Rs 5.2201.

The big boom in cryptocurrency hacking
Apart from this, let us tell you that a big jump is being seen in the hacking of cryptocurrencies. There has been a 60% increase in hacking incidents. This figure is for the first 7 months of this year. Hacking has cost $ 1.9 billion (about Rs 16000 crore). The incidents of theft of funds from the De-Centralized Finance (Defi) protocol have seen a huge increase. This report was released by blockchain analysis firm Chainalysis on Tuesday. In the same period last year, hackers stole $1.2 billion worth of cryptocurrency. That is, an increase of almost double in such incidents has been seen in a year.

Bloomberg data shows that between mid-January, both Ethereum and Bitcoin saw a decline, but by February, both rose sharply.