In a significant reminder of the vulnerabilities within the cryptocurrency space, a prominent Bitcoin advocate, known by the online moniker ‘Zachxbt’, has reportedly lost nearly $91 million in a sophisticated social engineering attack. This incident highlights the ongoing challenges and risks associated with digital asset security, raising concerns
Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss
The chief executive officer of SOL Strategies has a strong belief in the potential of Bitcoin, despite recent setbacks by the top crypto asset. Leah Wald told members of the press she expects bitcoin to make a steep move before year end. Her baseline? The vaunted $175,000 mark – a price she called a conservative […]
Bitcoin HODLers Have Already Realized More Profit Than Last Cycle, Report Reveals
A report from Glassnode suggests Bitcoin long-term holders have already realized more profit this cycle than in most of the previous ones. Bitcoin Long-Term Holder Profit-Taking Could Hint At Late-Stage Bull Phase In its latest weekly report, on-chain analytics firm Glassnode has discussed how the cumulative profit taken by the long-term holders (L
Bitcoiner loses $91M in social engineering attack: ZachXBT
A Bitcoiner fell victim to a social engineering attack after being approached by impostors posing as hardware wallet support, losing 783 BTC worth $91 million.
Bitcoin Binance Taker Buy-Sell Ratio Hits Cycle Low: Bullish Opportunity?
Bitcoin has been struggling over the past few days, losing momentum after recently setting a new all-time high above $124,000. The price has since dropped below the $115,000 level, bringing volatility back into the market. For many analysts, this zone represents a decisive moment for Bitcoin’s trajectory: it could either spark a fast continuation t
This Bitcoin Volume Signal Nailed The Top & Bottom: Analytics Firm
On-chain analytics firm Santiment has revealed how the two largest spikes in trading volume coincided with recent buying and selling windows for Bitcoin. Trading Volume May Signal Tops & Bottoms For Bitcoin In a new post on X, Santiment has talked about a pattern associated with the trading volume of Bitcoin. The “trading volume” here […
Altcoin treasury race: VERB TON acquisition company announces $780M in assets
Public companies continue to diversify into altcoins, but with mixed effects on share prices and mixed reception from investors.
Pennsylvania state lawmaker proposes ban on public officials trading crypto
The bill pushed by the representative included a ban on lawmakers and their families from “launching, promoting, or trading in coins where they hold a personal financial interest.”
Ethena crosses $500M in cumulative revenue as synthetic stablecoins gain ground
While the overall stablecoin market is up 4% in August, some synthetic stablecoins, such as Sky Dollar and Falcon USD, have had even more substantial gains.
US OCC Lifts 2022 Anti-Money Laundering Order on Anchorage Digital
In a notable development for the cryptocurrency industry, Anchorage Digital, the first federally chartered digital asset bank in the U.S., has been issued a consent order by the Office of the Comptroller of the Currency (OCC). The regulatory body has found deficiencies in the bank’s compliance with the Bank Secrecy Act (BSA) and anti-money launderi