Bitcoin clings to $67K but analysis warns of 10% BTC price drop next
Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action.
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FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. 891 Total views 4 Total shares The FTX hacker that drained over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11,…

US Congressman expresses importance of crypto wallet privacy
Cynthia Lummis and Warren Davidson speak on Bitcoin's importance and personal privacy during an interview at Bitcoin 2021 in Miami. At the bustling Bitcoin 2021 conference in Miami, Congressman Warren Davidson, alongside United States Senator Cynthia Lummis, sat down to field interview questions. The interview took a turn toward privacy, with Davidson responding with comments…

Kraken cuts workforce by 30% in an effort to survive crypto winter
According to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem. 867 Total views 16 Total shares Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest decisions” and is cutting down its global workforce by approximately 1,100 people, comprising approximately 30% of its total workforce,…

Criminal Activity in Crypto: The Fact, the Fiction and the Context
It’s the clichéd rhetoric of choice for anyone seeking to discredit crypto. An ace in the hole for any argument against its proliferation. The go-to thesis for those who know very little about cryptocurrency but wish to appear otherwise. The idea that cryptocurrencies are solely utilized within illicit activities has become both a tool for mass…

Bitcoin conference organizer to raise $15M for Trump campaign: Report
The reported fundraiser will come after the Republican National Convention, in which delegates are expected to nominate Donald Trump as the party’s presidential candidate.

Ordinals sends LTC and DOGE network activity surging for 3 straight weeks
Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions. 646 Total views 11 Total shares What began with developer Casey Rodarmor creating the Ordinals protocol to “inscribe” text and imagery on the Bitcoin (BTC) network has now made its way to Litecoin (LTC) and Dogecoin (DOGE) sending transaction volume on…

Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system
Bitcoin’s hash rate hits new all-time highs as Jack Dorsey tweets that Block is “officially building an open Bitcoin mining system.” 1485 Total views 30 Total shares Bitcoin’s hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open…

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse
Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades