The US Treasury has sanctioned 10 individuals and one entity for allegedly helping North Korean IT workers earn money through fraudulent employment at legitimate businesses and convert cryptocurrency into cash. The action targeted financial intermediaries in a network that generates hundreds of millions of dollars annually for Pyongyang. How the Cash-Out Chain Worked According to […]
Bitwise has raised its 10-year Bitcoin price target from $1.3 million to $1.6 million by 2036, despite Bitcoin having a difficult year, marred by falling prices, weaker sentiment, and an uncertain macroeconomic environment. In Bitwise’s updated Long-Term Capital Market Assumptions report, CIO Matt Hougan and Head of Research Ryan Rasmussen used the same model as […]
Bitcoin’s decline has accelerated into the $77K region after buyers lost the $80K support area. The price is now testing a major daily demand zone, while on-chain data shows it approaching the average cost basis of recent holders. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has decisively broken beneath the ascending […]
Ripple’s XRP is under renewed pressure after failing to break above the upper boundary of its short-term descending channel. Trading around $1.25, the token has slipped into a key Fibonacci support area, where the reaction over the coming sessions could decide whether the August recovery remains intact or gives way to a deeper retracement. Ripple […]
The cryptocurrency market saw major volatility over the past week, with one altcoin hitting a brief record high before dropping sharply. The frog-themed meme coin PEPE also grabbed headlines, posting strong gains despite the broader market downturn, but the spotlight eventually shifted to Binance. The biggest crypto exchange suffered a $6.3 billion hack, undermining the […]
Binance co-CEO Richard Teng told the exchange’s customers that the company will cover all losses after a security incident estimated to have impacted $6.3 billion. Additionally, Binance has conceded that the compromised laptop, which was initially blamed for the breach, was not the only factor, as investigators have found additional points of attack. Binance Working […]
The cryptocurrency market appears set to end the business week deep in the red after the $6.3 billion Binance hack sent shockwaves through the entire sector. The leading digital assets Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) did not escape the pullback, with one popular analyst suggesting they could plunge even more before attractive buying […]
Coinbase CEO Brian Armstrong and two other insiders filed Rule 10b5-1 plans that let them schedule share sales in advance, with potential sales starting in November 2026 and January 2027. The filing covers up to 13.59 million Class A shares, and at the October 29 closing price of $160.59, they carry a notional value of […]
Binance confirmed earlier today that it has become the latest victim of a major hack that, according to some other reports, has seen well over $6 billion drained from the platform. This is by far the biggest hack in the crypto industry, which, as expected, led to a massive pullback in (almost) all digital assets. […]
The XRP Ledger Foundation has added Flare Networks to its recommended validator list, recognizing the project’s role in the network’s infrastructure. In a recent post on X, the Foundation said Flare aligns with the XRP Ledger’s core values and actively participates in its governance. It also acknowledged the project’s contributions to the wider ecosystem. What […]