Ransomware losses down 35% year-over-year: Chainalysis
Ransomware attackers still extorted more than $800 million from victims in 2024, data shows.
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‘We’re already buying’: Terra founder plans to obtain $10B BTC for reserves
Kwon also bullishly emphasized that its stablecoin TerraUSD (UST) backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” 435 Total views 22 Total shares The founder of Terraform Labs (TFL) and Ethereum competitor Terra (LUNA) Do Kwon has outlined plans to accumulate a whopping $10 billion worth…

Hacker breaches 15 X accounts, nets $500K boosting bogus memecoins: ZachXBT
ZachXBT says a hacker has breached 15 crypto-focused X accounts to share scam memecoins that have netted the attacker around $500,000.

Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins
Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.

Crypto has a regulatory capture problem in Washington — Or does it?
The crypto industry’s sway in Washington DC has made it more likely that the industry will get beneficial legislation, but it’s also creating problems. Concerns of regulatory capture — a situation in which regulators or lawmakers are co-opted to serve the interests of a small constituency — have grown as crypto lobbying gains influence in

The great crypto flippening: Can Ethereum overtake Bitcoin?
“Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are mushrooming, Ethereum (ETH) remains more scalable than Bitcoin (BTC) and it also offers more uses including smart contracts. Moreover, Ethereum will…

LL Cool J and Paul Tudor Jones back $72M crypto fund
The fund has already invested in a number of blockchain projects including Dapper Labs, Axelar and Nori. 970 Total views 7 Total shares Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver Lake Partners co-founder Glenn Hutchins, and his…

Crypto Markets Continue to Drop, Bitcoin Briefly Slips Below $8,200
After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold.At the time of writing, 19 out of the top 20 coins by market cap are seeing significant losses. Texos (XTZ), the 17th altcoin by market cap, is resisting the bearish movement, still trading up around…

Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences
Amid Bitcoin (BTC) mining stocks like Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC investment and investing in BTC-linked stocks.Ben Gagnon, chief mining officer (CMO) at the major Bitcoin mining company Bitfarms, believes that direct BTC investment and exposure to BTC mining stocks are two “fundamentally different”…