Bitcoin Price CRASHES Amidst SEC’s Shocking New Lawsuit!

Something huge just happened in the crypto world. The U.S. Securities and Exchange Commission, or SEC, has filed a major lawsuit. This lawsuit is targeting a very popular crypto exchange. We are talking about a big shake-up that could change everything for investors. The crypto market reacted fast, and Bitcoin’s price took a big hit. … Read more

Term Finance Vault Governance Exploit Drains Estimated $8.5M

Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults, according to blockchain security firms.  On Sunday, PeckShield said the attacker drained about 2,843 Ether (ETH), valued at $6.87 million at the time, and 1.68 million USDC, which was exchanged for approximately 1.68 million Dai … Read more

MiCA Cracks Down On USDT in Europe… But No One Else Cares

Europe’s crackdown on Tether’s USDT is entering a new phase. When Revolut told European users it would delist USDT after Aug. 31, it became another in a long line of European platforms restricting access to the world’s largest stablecoin as firms adapt to the requirements of the EU’s Markets in Crypto-Assets (MiCA) regulation. MiCA’s stablecoin … Read more

Bitcoin ETFs Add $1B As Investor Sentiment Turns Bullish

Bitcoin exchange-traded funds have taken in over $1 billion in fresh cash over the past three days, helping propel the leading cryptocurrency to nearly $73,000.  Just on Wednesday, investors bought over $500 million worth of shares in the funds managed by BlackRock, Fidelity, and Grayscale, according to data from Farside Investors.  Bitcoin’s price has surged … Read more

Fed Study Finds Investor Beliefs Help Drive Crypto Volatility

A new Federal Reserve Bank of Cleveland working paper offers a provocative explanation for why cryptocurrency behaves so differently from traditional financial assets: Americans who buy crypto don’t simply have different demographics or risk appetites, they have radically different beliefs about digital assets’ future returns. The finding could help explain both crypto’s persistent volatility and … Read more

Bitcoin Price Hits New Local High Above $72,500 Despite Cooling US Stocks

Bitcoin (BTC) saw multimonth highs after Thursday’s Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves. Key points: Bitcoin builds on its highest levels in 11 weeks to hit $72,500 on Bitstamp. US bond yields see volatility after president Donald Trump threatens “economic warfare” with Iran. Bitcoin market participants question … Read more

Iranian Hacking Crew Charged In Sprawling Theft Case — Including $6M Bitcoin Ransom

Feds have hit 17 Iranians with criminal charges for allegedly conducting a years-long campaign of cyber attacks — including trying to extort HBO for $6 million in bitcoin. The U.S. Department of Justice said Tuesday that the 17 individuals were working with the Mabna Institute, which carried out hacking campaigns on behalf of Iran’s Islamic … Read more

Bitcoin Price Roars Towards $80,000

Bitcoin roared past $79,000 Friday, sustaining the biggest run in years following positive regulatory news and an announcement from the U.S. Treasury.  The leading cryptocurrency hit as high as $79,319 before dipping slightly. It was recently priced at $77,584, a more than 7% rise over the past day. Over a seven-day period, the coin has … Read more