Malaysia’s been hit hard with RM3.4 billion gone, which comes out to around USD 723 million, all because of power being stolen for illegal crypto mining. That’s Ringgit Malaysia, the country’s own currency, just draining away while rogue miners run their setups off the grid and don’t pay a single
The price of Hyperliquid (HYPE) has seen a strong upswing in the past 24 hours, jumping over 7.7% from a low of $34.79 to touch an intraday high of $37.49. Although it has slightly corrected to the current price of $37.25, the bullish momentum remains intact. What’s more impressive is
Michael Saylor, Executive Chairman and Co‑Founder of MicroStrategy, recently addressed concerns over quantum computing potentially breaking Bitcoin’s encryption. In a CNBC interview, he dismissed fears raised by firms like BlackRock that advanced quantum machines could render Bitcoin insecure. Saylor noted that anyone capable of building a quantum computer powerful enough to
The Avalanche blockchain has recently crossed 1 million daily transactions two times in the duration of one week. This milestone was the first time witnessed since February 2024. The transactions surpassed the mark on June 1 and on June 7. The overall transactions for the week starting June 2 touched
The crypto market remains caught in a tug-of-war, with prices swinging between bullish hope and bearish fear. The largest asset, Bitcoin (BTC), has posted a modest spike in the last 24 hours. Ethereum, the largest altcoin, has recorded a spike of over 1.47%. Will ETH reclaim its lost momentum? A
A DeFi platform on the BTC Network, Alex Protocol, has introduced a Treasury Grant Program to reimburse users impacted by the latest hack that led to more than $8 million in losses. On June 8, the platform’s announcement mentioned that the program will offer financial backing via a combination of
Bitcoin network transaction activity has dropped to its lowest point since October 2023, according to data from The Block. The seven-day moving average reached approximately 317,000 on June 6. This marked a 19-month low and came despite Bitcoin trading near its ATH value. According to data from YChart, on June
Pro-XRP lawyer John Deaton has sparked conversation in the crypto space by claiming that buying Bitcoin at $106K today is actually less risky than scooping it up at $25K. Posting on X, Deaton pushed back against the usual logic that cheaper automatically means safer. He points to shifts in the
In the last week, following Donald Trump and Elon Musk fallout, the crypto market showed some recovery, taking the price of Bitcoin near $105k. The data from CoinMarketCap shows that BTC is steady at $105k over the last day. But the analysts speculate that the current level at which the
In a landmark development for Ripple’s XRP, the digital asset has been officially added to the Nasdaq Crypto US Settlement Price Index (NCIUS), effective June 2, 2025. This move expands the index beyond its original Bitcoin (BTC) and Ethereum (ETH) components to now include XRP, Cardano (ADA), Solana (SOL), and
