Indian cryptocurrency exchange WazirX experienced a significant security breach, leading to the loss of over $235 million in user funds. The breach compromised one of WazirX’s multisig wallets on the Ethereum network, prompting the exchange to temporarily pause all INR […]
Bankrupt crypto lender BlockFi will begin interim crypto distributions to its 100,000 creditors through Coinbase starting this month. According to court documents, BlockFi agreed to pay up to $874 million, with an initial $250 million prioritized for repayments. The recoveries […]
According to a report by blockchain analytics firm Chainalysis, over 50% of illicit cryptocurrency funds end up at centralized crypto exchanges. The report highlights the significant concentration of money laundering activity at a small number of exchange deposit addresses, with […]
Celer Network has identified potential DNS hijacking attacks targeting its platform and other cryptocurrency websites. The company reported that its cBridge frontend was compromised, redirecting users to malicious smart contracts that could drain their wallets. Celer has urged users to […]
Australia’s financial landscape is set to welcome its second spot Bitcoin ETF as DigitalX receives approval to list on the Australian Securities Exchange (ASX). The DigitalX Bitcoin ETF, trading under the ticker BTXX, is scheduled to launch on July 12. […]
Federal Reserve Chair Jerome Powell is set to testify before Congress on Tuesday and Wednesday, potentially influencing Bitcoin’s price. Powell’s remarks on monetary policy, inflation, and interest rates could have significant implications for the crypto market. Investors will be closely […]
Bitcoin’s price has shown signs of recovery following a period of decline, with the cryptocurrency rising above $57,000. This rebound coincides with significant inflows into US spot Bitcoin ETFs, which recorded $295 million in deposits on Monday. BlackRock’s iShares Bitcoin […]
Solana-based meme coins BONK and BILLY have experienced significant price increases despite a broader market downturn. BONK surged by 25% in the past 24 hours, reaching a market cap of $1.7 billion and becoming the fifth-largest meme coin. BILLY, a […]
The Golem Network has transferred over $100 million worth of Ether to various cryptocurrency exchanges over the past month. This significant movement of funds has raised concerns about potential market impacts, as large transfers to exchanges often precede sell-offs. The […]
CoinShares has reported $441 million in inflows into digital asset investment products, attributing the surge to recent price weaknesses in the market. The report highlights that Bitcoin accounted for $398 million of these inflows, with investors viewing the price drops […]
The German government has transferred 500 BTC, worth about $28 million, to major cryptocurrency exchanges Bitstamp and Coinbase. This move is part of a broader strategy to liquidate seized assets. The transfer has raised concerns about potential market impacts, as […]
Bitcoin’s price has dropped below $55,000, leading to over $600 million in long position liquidations. This significant price decline is attributed to a combination of factors, including large Bitcoin movements by the German government and the Mt. Gox trustee. The […]
The trustee of the defunct Mt. Gox exchange has transferred 47,229 BTC, worth approximately $2.7 billion, to a new wallet. This move is part of the ongoing process to repay creditors, which has raised concerns about a potential market sell-off. […]
According to Arkham Intelligence, governments around the world still hold a combined $17.8 billion worth of Bitcoin. This includes significant holdings by the US and German governments, which have been actively moving and selling portions of their Bitcoin reserves. The […]
German MP Joana Cotar has called on the government to stop its ongoing Bitcoin sell-off, which she describes as “hasty” and counterproductive. Cotar argues that Bitcoin should be adopted as a strategic reserve currency to diversify treasury assets and protect […]
Bittensor, a decentralized AI network, has identified the issue behind an $8 million security exploit involving certain network wallets. In a post-mortem analysis, the Opentensor Foundation revealed that the attack was caused by a malicious package in the PyPi Package […]