Australian federal police to probe 2,000 exploited crypto wallets
Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams.
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What asset freeze? Binance BTC outflows muted as users shun panic selling
Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news. Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.According to analytics firm Glassnode, BTC investors have largely ignored the latest crypto exchange legal battles.On-chain losses "remain quiet"BTC/USD dipped to just $25,350 on June…

BTC price holds 6% gains as Bitcoin battles for ‘crucial’ $28K support
Bitcoin (BTC) passing $28,000 hints at bullish sentiment, but reclaiming it for good is essential, analysis says.In an X post on Oct. 17, Yann Allemann and Jan Happel, co-founders of on-chain analytics firm Glassnode, described the $28,000 mark as a “critical milestone” for BTC price.Glassnode: "Keep an eye out" for $28,000After snap volatility, which caused

SEC files objection to Binance US bid for Voyager assets
The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital. 731 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over…

Another depeg — Acala trace report reveals 3B aUSD erroneously minted
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool. 459 Total views 28 Total shares High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to…

The SEC shows some mercy to broker-dealers handling security tokens
In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action for the next five years. 3015 Total views 10 Total shares The U.S. Securities and Exchange Commission is listening.At least, per a Dec. 23 announcement, the SEC is responding to…

US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022. 208 Total views 4 Total shares The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing…

Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in
The third Bitcoin (BTC) block reward halving is set to occur in 14 days and this event is usually preceded by a powerful rally that many have long forecast would bring the digital asset to a new all-time high. Surprisingly, Joe007, one of the biggest Bitcoin whales in the cryptocurrency market, has implied that the halving…

Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years
A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency. The Bitcoin (BTC) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March