On December 23, the FBI, Japan’s National Police Agency, and the U.S. Department of Defense Cyber Crime Center confirmed that a $308 million cryptocurrency theft from Japan-based crypto exchange DMM Bitcoin has been linked to “TraderTraitor,” a hacking group tied to North Korea’s infamous Lazarus Group. FBI and Japanese Police
Bitcoin (BTC), the world’s largest cryptocurrency, has witnessed a 7% drop in value over the past week, trading at $94,159 at the time of writing. This marks its fourth consecutive day of decline, driven by macroeconomic concerns and reduced interest from institutional investors. Despite hitting a peak of $108,245 earlier
Japanese investment firm Metaplanet has made headlines with its largest Bitcoin purchase to date. The Tokyo-listed company acquired 619.7 BTC for ¥9.5 billion ($60.6 million), bringing its total holdings to 1,761.98 BTC. This latest purchase comes amid a dip in Bitcoin prices, with Metaplanet paying an average price of approximately
The crypto market has retreated into a bearish trend with Bitcoin spearheading the freefall. Other altcoins are also continuously losing their recent price surges as trading levels fall lower and lower. However, the ever-optimistic community has entered a ‘buy the dip’ phase as per recent reports. Notably, Bitcoin has factored
Peter Schiff has again made his strong stance against the Strategic Bitcoin Reserve known. This time, the renowned economist has proposed an alternative that the US could adopt instead of implementing a Strategic Bitcoin Reserve. In an X post, Peter Schiff stated that the US could save a lot of
Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling
The Asian crypto community has woken up to rainy mornings and another day of bearish market activity. Leading cryptocurrencies have continued their descent after an incredible bull market at the start of the week. Meanwhile, the US Federal Reserve Chair, recently stated that there would be no change in law
Strong case has been presented in a recent proposal directed to the Dutch Minister of Finance, government, and De Nederlandsche Bank board to create a national Bitcoin reserve by Bram Kanstein. As the Netherlands negotiates a dubious global financial scene, the letter emphasizes the value of Bitcoin in guaranteeing economic
The leading cryptocurrency mining platform, NiceHash, has announced that it is moving its operations from the British Virgin Islands to Zug, Switzerland. The transition, which started in November, should be finished by the middle of December. Along with ensuring compliance with the Markets in Crypto-Assets Regulation (MiCA) of the European Union and
The global crypto market cap dropped 3.18% to $3.63 trillion, highlighting a broad market downturn. However, the total crypto market volume surged 0.81% to $206.04 billion, indicating sustained trading activity. Bitcoin (BTC) dropped 3.4% in the past 24 hours, trading at $103,805.29 after hitting an all-time high of $108,268.45. The
