Approximately 98,500 Bitcoin options contracts will expire on Friday, Nov. 29, in a large end-of-month expiry event. They have a notional value of $9.48 billion, which is more than triple that of last week’s expiry. However, it is still likely to be eclipsed by the end of December’s year-end event. Bitcoin Options Expiry This week’s […]
After years of positioning itself as the dominant regulatory force in the digital asset space, often at odds with crypto advocates, the Securities and Exchange Commission (SEC) faces a significant shift in jurisdictional control. Amidst mounting frustration with the agency’s combative approach, the incoming Trump administration is pushing to expand the Commodity Futures Trading Commission […]
Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning […]
Prominent blockchain detective ZachXBT has uncovered a hacking spree targeting popular accounts on X and Instagram, which fueled a wave of pump-and-dump schemes linked to meme coins launched on Pump.fun. Celebrities such as musicians Usher and Wiz Khalifa, actor Dean Norris, as well as a Japanese public aquarium fell victim to these attacks. Hacks Targeting […]
Ethereum is finally moving independently from its big brother, Bitcoin, which has corrected over the past week. As a result, ETH prices hit $3,682 during early trading in Asia on Thursday, its highest level since June 10. This culminated in an 18% gain over the past week. Conversely, Bitcoin has declined by 2% over the […]
ADA’s price was not sparred during the Monday crash as the asset plummeted below $1 after finally overtaking that level during the weekend. However, an important metric related to the blockchain behind the token suggests that ADA’s rally could be far from being over during this bull cycle. The spectacular run for Cardano’s native token […]
An unnamed cryptocurrency holder recently lost more than $3 million worth of PYTH tokens after erroneously transferring them to a scammer’s wallet. The mistake happened when the victim, relying on their transaction history, copied and used a fake deposit address. The High Cost of a Small Mistake According to a November 25 post by blockchain […]
Bitcoin prices dumped to a six-day low of $92,775 during early trading on Tuesday in Asia. The widely anticipated correction has taken the asset down almost 7% from its Nov. 22 all-time high of $99,845. However, it had already started to bounce back coming just shy of $95,000 in Asian trading on Nov. 26. Moreover, […]
Federal prosecutors in the United States have filed charges against five individuals accused of carrying out a complex phishing and hacking operation that targeted employees of companies across the country. According to authorities, the scheme led to the theft of intellectual property, sensitive corporate data, and millions of dollars in cryptocurrency, including $6.3 million stolen […]
In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company, which operates in the Bitcoin mining sector, admitted to violating the Foreign Corrupt Practices Act (FCPA) by conspiring to pay bribes and falsifying records. As […]