A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit. The theft, discovered by Web3 security firm Web3 Antivirus, happened after the user sent a $50 test transaction to confirm the destination address before transferring the rest of the funds. Loading… Within minutes, a fraudster […]
Victim Offers $1M Bounty, Legal Threat After $50M Crypto Theft Read More »
Quantum computing and the threat it poses to encrypted blockchains have once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against
Bitcoin’s quantum debate is resurfacing and markets are starting to take notice Read More »
In Brazil, cryptocurrency adoption is not being led by traders betting big on volatile tokens. It is being shaped by younger, more cautious investors who often use stablecoins and tokenized bonds as a way to protect their wealth. According to new data from local cryptocurrency exchange Mercado Bitcoin, shared with CoinDesk via a report titled
Brazil’s Generation Z Drives Crypto Boom As Stable Coins, Income Tokens Rise Read More »
It has become fashionable lately to reject bitcoins BTC$88,182.70 the four-year cycle – and the inevitable boom and bust it entails – as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of rejecting the four-year cycle. Each noted the ETFs,
Bitcoin’s (BTC) four-year cycle is working as expected Read More »
Spot bitcoin ETF investors may have turned out to be anything but momentum chasers this year. While it’s no secret that BlackRock’s iShares Bitcoin Trust (IBIT) has been wildly successful since it opened in January 2024, data compiled by Bloomberg’s crack ETF analyst Eric Balchunas shows that success in a different light. So far in
IBIT posted $25 billion in inflows by 2025, even as returns turned negative Read More »
The UK’s long-promised crypto regulatory regime moved closer to reality this week as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in the UK. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to come into force in October 2027. For
Consultations from the FCA signal new market rules ahead of 2027 Read More »
Looking back to 2025, the sound money, or debasement trade, was decisively won by the metals over bitcoin. Gold delivered one of its best years ever, up 65%, while bitcoin is down 7% so far. Until August, the two assets had similar returns, both up around 30%. From that point on, gold rose while bitcoin
Bitcoin underperformed gold, but ETF holders remained resilient Read More »
The crypto market’s rich vein of volatility extended into Friday morning with bitcoin BTC$88,303.49 rises from a low at 1:00 UTC at $85,200 to $88,000 over five hours after the Bank of Japan raised interest rates to the highest level in 30 years. The move marked the fourth time bitcoin has risen more than 2%
Bitcoin (BTC) price rises on Japan interest rate hike as futures traders pile in Read More »
The GENIUS Act represents something harder and harder to find in Washington: true bipartisan consensus on complex fiscal policy. After months of negotiations and compromise, Congress delivered a stablecoin framework designed to protect consumers, support innovation and strengthen the dollar’s global leadership. Now, just as regulators begin the hard work of implementation, some in the
Reaffirming the GENIUS Act carries risk and no rewards Read More »
Poland’s lower house of parliament, the Sejm, passed a sweeping bill to regulate the crypto industry, reviving legislation previously vetoed by President Karol Nawrocki and sending it to the Senate for further debate. The Crypto-Asset Market Act, approved Thursday by 241 lawmakers in the Sejm, remains unchanged from the version struck down earlier this month,
Poland’s parliament revives controversial crypto law despite presidential veto Read More »
