Bitcoin is currently trading at 64505, registering a minor 24-hour decline of -0.22%. This marginal negative movement indicates a temporary phase of price consolidation, with market participants demonstrating patience and a steady holding pattern. The short-term behavior suggests a cautious wait-and
South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns.Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows tot
Onchain perpetuals exchange Ostium said its July 15 exploit, which drained 23.75 million USDC from its OLP vault, stemmed from a compromise of its off-chain infrastructure rather than vulnerability in its smart contracts or protocol multisigs.In a post-mortem published Wednesday, Ostium wrote that t
Four analysts said the Federal Reserve’s hawkish hold has changed the calculus for risk assets, but they disagreed on whether bitcoin’s real test is already under way or still six weeks away, according to CoinDesk, with some seeing pressure build sooner and others later.
Foresight News posted on X (formerly Twitter). A threat actor bought a money-laundering service on a dark web forum to clean cryptocurrency and received 666,000 USDT in purportedly clean funds, according to on-chain investigator @osint_based. Days later, Tether froze all related wallets.Investigator
China Business Journal, a state-affiliated newspaper, has warned that fraudsters have been impersonating the publication to extort companies by demanding Bitcoin in exchange for suppressing damaging reports.In a statement issued Thursday, the newspaper said scammers used a Proton Mail address to con
0752 GMT - Gold prices tick higher as investors assess comments from Federal Reserve Chairman Kevin Warsh on inflation after the U.S. central bank left interest rates unchanged on Wednesday. "Warsh reiterated a commitment to get inflation under control but offered little color on the details of the
Bitcoin and ether volatility around the Federal Reserve's rate decision wiped out about $280 million in leveraged positions, clearing roughly 90,000 traders as bulls and bears took unusually even losses. The move came even as prices were flat over the past 24 hours, according to CoinDesk, underscori
Aave has proposed deprecating dozens of low-adoption asset reserves and winding down six blockchain deployments in a governance initiative that would affect approximately $98.1 million in supplied assets and $15.6 million in outstanding debt.Aave founder Stani Kulechov announced the proposal Thursda
Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia over claims that it failed to stop the spread of terrorism-linked material.Australia’s online safety regulator, the eSafety Commissioner, launched civil penalty proceedings a
U.S. banking lobby groups want the CLARITY Act to pass, but issues around stablecoins still need to be resolved, American Bankers Association Chairman Rob Nichols said in a CNBC interview. According to Foresight News, Nichols said the group is seeking only small, precise changes to two parts of the
Binance.US is planning to apply for a license from the Commodity Futures Trading Commission next month to launch its own prediction market platform.Chief Executive Officer Stephen Gregory said during the Rare Evo conference in Las Vegas that the U.S. crypto exchange is set to apply for a designated
Crypto exchange Luno is reportedly cutting about 20% of its global workforce as it restructures operations and shifts more resources toward institutional clients, financial infrastructure and business-to-business services.According to a Bloomberg report on Tuesday, Luno CEO James Lanigan said the co