Bitcoin News / Bitcoinist - 2 months ago
Blockchain analytics firm Elliptic says the $286 million exploit of Solana-based Drift Protocol is most likely linked to the Democratic People’s Republic of Korea (DPRK).
Solana Suffered One Of The Largest Crypto Exploits In History
On April 1s...
Bitcoin News / Bitcoinist - 2 months ago
Ethereum has spent the better part of recent months losing ground to Bitcoin, and this underperformance may now be approaching a turning point, at least according to a new technical outlook shared by crypto analyst CrediBULL Crypto. The technical ana...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin ended the first quarter of the year on a bearish note, and this red quarter carries some implications for the cryptocurrency. Despite the calls for a bottom, it seems that the digital asset might be far from actually reaching a bottom. As the...
Bitcoin News / Bitcoinist - 2 months ago
The International Monetary Fund (IMF) has issued a fresh assessment of the tokenization sector, forecasting rapid expansion of onâchain representation of financial claims while warning that the shift could reconfigure the global financial system and...
Bitcoin News / Bitcoinist - 2 months ago
The US Commodity Futures Trading Commission (CFTC) has escalated a jurisdictional clash with state governments by filing lawsuits against three states in a bid to assert exclusive federal authority over prediction markets.Â
The litigation targets Ari...
Bitcoin News / Bitcoinist - 2 months ago
Coinbase, the largest crypto exchange in the US, has achieved a major milestone after securing a key approval from the main banking regulator, which could unlock a broader market for the company.
Coinbase Wins Major OCC Approval
On Thursday, Coinbas...
Bitcoin News / Bitcoinist - 2 months ago
Another outflow from Riot Platforms has been spotted on the Bitcoin network, a sign that the mining company may be participating in further selling.
Bitcoin Mining Company Riot Has Moved Another 500 BTC
As shared by on-chain sleuth Lookonchain in an...
Bitcoin News / Bitcoinist - 2 months ago
Chinese authorities seized over 127,000 Bitcoin â worth more than $15 billion â from the head of a massive crypto fraud network. That seizure, tied to Chen Zhi of Prince Group, was just the opening move. Now his right-hand man is in custody too.
Ext...
Bitcoin News / Bitcoinist - 2 months ago
The National Policy Committee of Korea pushed the âsecondâphaseâ crypto act debate until after the June 3 local elections.
Crypto Framework Postponed In A Time Of Need
The Korean outlet Maeil Business Newspaper reported uncertainty in the crypto indu...
Bitcoin News / Bitcoinist - 2 months ago
Taiwan’s justice ministry is sitting on 210 Bitcoin, seized from criminals and worth roughly $14 million. Most governments would treat that as a footnote. The Bitcoin Policy Institute thinks it should be a starting point.
A Case Built On Worst...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin is trying to hold $66,000. The market is bracing for volatility. And the on-chain data entering April tells a story of sustained, intensifying pain â with one critical detail that changes how that pain should be interpreted.
Analyst Axel Adl...
Bitcoin News / Bitcoinist - 2 months ago
The Dogecoin (DOGE) price is down more than 46% this year, according to CMC data, driven by selling pressures and a general weakness in the meme coin sector. Notably, a crypto analyst has warned investors about the potential downside to holding Dogec...
Bitcoin News / Bitcoinist - 2 months ago
Analytics firm CryptoQuant has highlighted how the 365-day trend of the Bitcoin whales signals structural selling pressure from large holders.
Bitcoin Whales Have Seen A Large Negative Yearly Netflow
In a new post on X, CryptoQuant has discussed the...
Bitcoin News / Bitcoinist - 2 months ago
Google’s Quantum AI team recently issued an interesting warning to the cryptocurrency industry, noting how the mathematical foundation securing Bitcoin and most other digital assets may be far more vulnerable to quantum computers than previousl...
Bitcoin News / Bitcoinist - 2 months ago
XRP is struggling to hold current support levels. The market is uncertain. And beneath the price, the structure that would normally cushion a sell-off has quietly thinned to one of its weakest readings in recent memory.
An Arab Chain report tracking...
Bitcoin News / Bitcoinist - 2 months ago
For the past few days, the price of Bitcoin has been hovering between the $70,000 and $64,000 range, with no definite trajectory within the period. Despite the lack of direction in price, selling activity has continued across the market, effectively...
Bitcoin News / Bitcoinist - 2 months ago
Crypto pundit Pumpius has drawn attention to the launch of ZK privacy transactions on the XRP Ledger. He noted that this is a historic moment for the network and XRP, as the altcoin gains new utility.Â
XRP Makes History With ZK Privacy Transactions ...
Bitcoin News / Bitcoinist - 2 months ago
Experts have gathered on the popular YouTube channel, The Wolf of All Streets, to examine Bitcoin (BTC) and rising global uncertainty. Bloomberg Senior Commodities Strategist Mike McGlone joined former CoinRoutes CEO Dave Weisberger and macro strateg...
Bitcoin News / Bitcoinist - 2 months ago
Global credit rating agency Kroll has assigned an inaugural investmentâgrade issuer rating of BBB to Ripple Prime, marking a notable endorsement from a traditional credit agency for a firm rooted in the crypto sector.Â
Ripple Prime was formed after R...
Bitcoin News / Bitcoinist - 2 months ago
Coinbase chief legal officer has suggested that negotiators in the Senate are âvery closeâ to a deal on the CLARITY Actâs most contentious crypto issue.
Coinbase: âVery Close To A Dealâ, Despite Stablecoin Dispute
Itâs all about the stablecoins. Whet...
Bitcoin News / Bitcoinist - 2 months ago
Bithumb is now looking at an initial public offering sometime after 2028, a further slip from its earlier 2025 target, after a year of compliance trouble, board changes, and a costly internal blunder that briefly showed more than $40 billion in fake...
Bitcoin News / Bitcoinist - 2 months ago
Over the last few months, the Bitcoin price has dropped as the crypto market has responded to negative news coming out. One of the major news stories that has contributed to this decline was the attack by the United States on Iranian armed forces. Si...
Bitcoin News / Bitcoinist - 2 months ago
US Federal Reserve (Fed) Governor has warned about the potential risks that stablecoin may pose to financial stability and urged for strong oversight, as the industry awaits the final text of the highly anticipated crypto market structure bill.
Fed...
Bitcoin News / Bitcoinist - 2 months ago
The US Treasury on Wednesday published a notice of proposed rulemaking (NPRM) that launches the administrationâs first formal effort to implement the GENIUS Act, the new federal law governing payment stablecoins that was signed by President Donald Tr...
Bitcoin News / Bitcoinist - 2 months ago
Chainlink has been struggling. The altcoin market is brutal. And quietly, the largest players in the market appear to have started paying attention to LINK in a way they are not paying attention to everything else.
Analyst Darkfost has identified a...