Bitcoin (BTC) has steadied since last Tuesday, bouncing to its 200-day average above $84,000 over the weekend. Still, a crypto whale has taken a contrarian stance by raising a leveraged bearish bet on BTC worth millions on Hyperliquid while betting bullish on the MELANIA token. As of writing, the whale held a short position in…
Crypto exchange OKX has temporarily paused its decentralized exchange aggregator to prevent “further misuse” by North Korean hacking collective Lazarus Group. “Recently, we detected a coordinated effort by Lazarus group to misuse our defi services,” said OKX on March 17. “After consulting with regulators, we made the proactive decision to temporarily suspend our DEX aggregator…
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from…
Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring. Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment in its case and ordered Debiex…
Crypto users have reported a rise in scam emails made to look like they’re from crypto exchanges Coinbase and Gemini that attempt to get users to set up a new wallet with pre-generated recovery phrases controlled by scammers. In several examples posted to X, the email claims to be from Coinbase, asking users to transition…
A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals. “Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post. “The Great British Injustice System…
Four suspects were charged in connection with the home invasion of online streamer Amouranth, whose real name is Kaitlyn Siragusa. The streamer says she was held at gunpoint by several individuals demanding that she hand over the private keys to her crypto. According to Fox 26, the suspects include Dylan Nesho Campbell, Bryan Anthony Salazar…
The creator of the Libra (LIBRA) token has launched another memecoin with some of the same concerning onchain patterns that pointed to significant insider trading activity ahead of the coin’s 99% collapse. Hayden Davis, the co-creator of the Official Melania Meme (MELANIA) and the Libra token, has launched a new Solana-based memecoin with an over…
Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option. According to Lopp, allowing individuals or institutions with quantum computers to recover lost coins violates the Bitcoin…
Telegram founder and free speech advocate Pavel Durov was born on Oct. 10, 1984, in St. Petersburg, Russia, and demonstrated an early knack for computer science, culminating in the entrepreneur establishing several successful online social media platforms. While studying at Saint Petersburg State University, Durov became inspired by the success of the Facebook social media…