Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months
Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence because she provided “substantial assistance” to the government.
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Blockchains like Solana brag about TPS — but it’s misleading
The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other considerations, such as decentralization and security. The blockchain trilemma, of course, acknowledges that succeeding in all three areas is challenging, though not impossible.There is no denying…

Salvadorans will not be forced to use the government’s Bitcoin wallet
The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free. 480 Total views 6 Total shares The latest announcement from El Salvador's pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet.In a tweet on June 29, El Salvador’s President Bukele stated he wanted to…

Bitcoin analysts eye weakening US dollar as BTC price fights for $17K
BTC price action stays cool over the weekend as Bitcoin bulls attempt to flip $17,000 to support. Own this piece of crypto history Collect this article as NFTBitcoin (BTC) bulls attempted to retake $17,000 into the Dec. 4 weekly close as volatility looked set to return to the market.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger…

Possible Bitcoin treasury adoption as more companies cite inflation concerns
Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation. 3008 Total views 18 Total shares No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021.According to a report by financial market data provider FactSet on Monday, the figure represents…

Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging
Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction. While the value of stablecoins like Tether (USDT) and USD Coin (USDC) is designed to be pegged to another asset, such as the U.S. dollar, the crypto industry has fretted for years about…

User loses $32 million spWETH in a sophisticated phishing attack
According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

Trade war puts Bitcoin’s status as safe-haven asset in doubt
Several years back, many in the crypto community described Bitcoin as a “safe-haven” asset. Fewer are calling it that today. A safe-haven asset maintains or increases in value in times of economic stress. It can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock. A

Crypto.com gets EU nod on MiCA license
Once finalized, the license will let Crypto.com operate across the EU under a unified regulatory framework.