A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in a classic address poisoning attack. According to onchain investigator Web3 Antivirus, the victim lost 49,999,950 USDt (USDT) after copying a malicious wallet address from their … Read more
Intercontinental Exchange Inc. (ICE), the operator of the New York Stock Exchange, is in discussions to invest in crypto payments company MoonPay, people familiar with the matter said, per Bloomberg. The potential funding round could value MoonPay at roughly $5 billion, up from its previous $3.4 billion valuation, according to the sources, who requested anonymity … Read more
Fold Holdings, Inc. ($FLD), a publicly traded Bitcoin financial services company, just announced that its platform is now available in all 50 U.S. states. The expansion follows a strategic partnership with BitGo Bank & Trust, which recently became one of the first digital asset companies to secure a federal bank charter from the Office of … Read more
The bitcoin price dropped sharply today after a brief pump near $90,000, sliding to $84,544 as the price sell-off continued into its second month. Bitcoin lost 2% over the past 24 hours. It remains 5% below its seven-day high of $89,220 and hovers near the week’s low of $84,596. Trading volume reached $56 billion. Bitcoin’s … Read more
A circulating report attributed to Fundstrat Global Advisors has outlined a bearish outlook for cryptocurrencies that appears to clash with Tom Lee’s recent public comments. According to screenshots shared on X, the document, which appears to be Fundstrat’s internal 2026 crypto strategy guidance, warns of a “meaningful drawdown” in the first half of 2026. The … Read more
The bitcoin price could climb to $143,000 next year as continued adoption through exchange-traded funds and a more accommodating U.S. regulatory backdrop draw new capital into the market, according to a new forecast from Citi. Analysts at the Wall Street bank set $143,000 as their base-case target for the bitcoin price over the next 12 … Read more
Hyundai Group evacuated employees from two major offices in Seoul today after receiving a bomb threat email demanding payment in bitcoin, police said. Authorities later confirmed the threat was a hoax, but the incident added to growing concern over a recent wave of extortion, crypto and non-crypto related, threats targeting South Korea’s largest companies. According … Read more
Blockstream CEO Adam Back has criticized Castle Island Ventures founding partner Nic Carter for amplifying concerns about quantum computing threats to Bitcoin. “You make uninformed noise and try to move the market or something. You’re not helping,” Back said in an X post on Friday, after Carter explained in an X post why Castle Island … Read more
The United Kingdom is taking a decisive step toward fully regulating its crypto market. This week, the Financial Conduct Authority (FCA) launched a wide-ranging consultation outlining proposed rules for crypto exchanges, staking services, lending platforms and decentralized finance. The proposals follow new secondary legislation from the UK Treasury that formally brings crypto activities into the … Read more
Freshly released Bitcoin (BTC) onchain data pointed to a less classic cycle peak or bottom and more toward a structural transition in how capital is entering the market. Key takeaways: Nearly 50% of Bitcoin’s realized cap is now attributed to “new whales,” highlighting a structural reset of the network’s cost base. The Short-Term Holder (STH) … Read more