Someone moved approximately $20 million in stablecoins and ETH and has begun moving it to non-custodial platforms.
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are handled as securities, ensuring compliance with standards and assessing technological risks tied to blockchain.
A hacker may have stolen over $20 million worth of crypto, including stablecoins and Ethereum (ETH), from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The suspicious transfers occurred on Oct. 24, raising alarms among blockchain analysts, including ZachXBT, who called the transfers “nefarious” and hinted at possible theft.
A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party's business-friendly reputation, which resonates with crypto enthusiasts. On the flip side, only 9.
Kraken announces Ink, a Layer 2 blockchain built on Optimism's Superchain to enhance the scalability of Ethereum.
According to onchain analytics firm Arkham Intelligence, the malicious address currently holds approximately $13 million in assets.
Rising Twitter alternative Bluesky vows to steer clear of crypto on its platform to avoid “hyperfinancializing” it.
Coinbase's Base reveals when it plans to implement fault proofs.
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries.
The court hearing marks the first in-person appearance for Mashinsky since February, as he looks to have charges against him dismissed.
Coinbase report predicts increasing use of crypto in AI-driven transactions, highlighting its efficiency and programmability. The post Coinbase expects AI agents and humans to transact using crypto appeared first on Crypto Briefing.
Co-founder of the Satoshi Action Fund Dennis Porter dubbed the legislation the “Bitcoin rights” bill.
A United States government wallet tied to the Bitfinex exchange hack was drained Thursday via what appear to be suspicious transactions.
Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight months.
It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said.
In new investigations opened in 2023, 343 cases involved digital assets, 144 involved staking and 205 cases involved fraud in social media.
The US government transferred $20M in crypto from a wallet after 8 months of inactivity, using DeFi platforms like Aave. The post US Government moves $20M in crypto after 8 months of inactivity appeared first on Crypto Briefing.
R3 started out as a consortium and grew fast. Now it is reportedly waiting to see where fate takes it next.
Benjamin Franklin, a well-known American statesman, said: “Nothing is certain in this world except death and taxes.” It's a remark that might now hold true to crypto, as Denmark plans to impose a new taxation policy that targets the unrealized capital gains of cryptocurrencies like Bitcoin.
Kraken is gearing up to introduce its own blockchain, Ink, in early 2025. The new platform will support dApps for trading, borrowing, and lending without the need for intermediaries.
The detained Binance exec leaves Nigeria after all charges were dropped.
While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.
US prosecutors have requested that the court favorably consider former FTX executive Nishad Singh's “substantial assistance” during their investigation into the failed crypto exchange, according to an Oct. 23 court filing. The prosecutors noted that he approached his cooperation with genuine remorse and a strong desire to help.
Blockchain software firm Consensys is begging for clear crypto regulations in an open letter to the next US President.
French authorities finally crack down on Ledger following complaints about major crypto data hacks exposing customer details.
According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale.
After eight months in Nigerian prison, Tigran Gambaryan has left the country—right as it reveals a joint crypto task force with the U.S.
Kraken to list GIGA meme coin as its market cap hits $600 million, part of a booming $75 billion meme coin market. The post Kraken to list GIGA meme coin next week appeared first on Crypto Briefing.
CrossFi, a blockchain solutions company, has launched its EVM-compatible mainnet with a bold mission: to reshape the future of global crypto payments. While the blockchain sector has seen unprecedented growth, CrossFi aims to solve one of its biggest challenges — bridging the gap between digital currencies and traditional financial systems.
If the user fails their fitness goals, a portion of their deposited crypto gets distributed among successful players.
In response to recent actions by a U.S. prosecutor and the U.S. Securities and Exchange Commission (SEC) against several cryptocurrency firms,
Moonwalk raised $3.4 million in seed funding, led by Hack VC, with participation from Binance Labs, Reciprocal Ventures, and Solana co-founder Raj Gokal.
Infinex founder Kain Warwick joined The Block EIC Tim Copeland and Senior Reporter Daniel Kuhn to discuss his new platform.
BingX announced on October 24 that all its services had returned to full scale after the hot wallet incident on September 20. The centralized exchange also introduced a new upgraded firewall for its wallet, ShieldX, to increase user fund security and create a better defense against outside attacks.
As the crypto market goes through a tumultuous period, investor confidence is being severely tested. A report from Santiment highlights a daunting rise of FUD (Fear, Uncertainty, and Doubt) surrounding several major altcoins.
The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels such as second-window broadcasts for streamers.
Robinhood (NASDAQ:HOOD) is on track to become the leading cryptocurrency investment platform in the future, according to a new Bernstein report. What Happened: In its “Crypto Investing Guide” for October, Bernstein analysts highlight Robinhood's competitive advantage in the cryptocurrency sector, thanks to its diverse offering of 15 crypto tokens, representing 70% of the market cap.
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In an era of rapid growth in the digital economy, seeking strong, high-return investment opportunities has become everyone's ultimate goal.
A popular social media influencer known for showcasing her luxurious lifestyle on Instagram and other platforms is facing criminal charges for allegedly committing large-scale crypto fraud. Russia's news agency TASS reports that Valeria Fedyakina, also known as Bitmama, is accused of defrauding four people who sustained over $23 million worth of damages.
Binance Connect is back as the exchange has made touchups to the service after more than 2 years of taking it offline.
Pennsylvania House Bill 2481, dubbed the Bitcoin Rights bill, sailed through with strong bipartisan support, winning an overwhelming majority of 176 to 26.
X Empire token's launch saw price spikes on KuCoin, drops on other exchanges, and controversy over its airdrop distribution.
Kraken is designing Ink to be as easy to use as Apple products, bridging centralized and decentralized ecosystems.
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase's Base chain, according to a report from Bloomberg's Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year.
Kraken, one of the world's leading cryptocurrency exchanges, has announced its plans to launch its own blockchain network, dubbed “Ink,” by early 2025. The San Francisco-based company is positioning this new initiative as a solution to make decentralized finance (DeFi) more accessible to both retail and institutional users.
ZachXBT doesn't operate in the shadows; he is the shadow. The self-taught, anonymous crypto investigator has spent the last three years tracking down scammers, hackers, and criminals in the industry.