A 25-year-old Alabama man has been charged with conspiracy to commit aggravated identity theft following the January 9th hack of the SEC’s Twitter account. The compromise, which occurred just prior to the official approval of spot Bitcoin ETFs, led to a fake post greenlighting the trading of these assets. The fake tweet resulted in Bitcoin’s […]

The SEC has filed its appeal in the Ripple case, focusing on XRP’s programmatic sales and executive conduct. Controversy arose over whether the filing was timely, with accusations of the SEC missing the deadline. The appeal scrutinises both Ripple executives’ personal XRP sales and the company’s distribution methods. Notably, the SEC is not contesting the […]

Bitcoin breaks above both August and September monthly highs this week. ETF flows record their first +$500M USD net flow day since June 5th, 2024. Altcoin analysis: OM and BONK Bitcoin has surged 7.8% since the weekly open at 10 AM AEST, currently trading at $67,700 USD. This puts the price above the August high […]

Radiant Capital, a decentralised lending protocol, suffered a cyberattack, losing over US$50M after hackers gained control of its contracts by compromising three private keys from its multi-signature wallet. The exploit affected both the Binance Smart Chain and Arbitrum networks, allowing the attackers to drain assets such as USDC, WBNB, and ETH. Following the attack, Radiant’s […]

Aussie crypto trader Miles Deutscher predicts that Bitcoin could reach US$100K within 10 weeks and shares his strategies for navigating the market, particularly focusing on altcoins. Deutscher highlights Bitcoin dominance as a critical indicator of the market’s cycle, suggesting that rising Bitcoin dominance typically precedes altcoin growth. His strategy involves a macro risk-on and micro-neutral […]

Rising crypto prices spur interest in ETFs, with significant weekly gains for Bitcoin, Solana, and Ethereum. Recent trading days have increased total ETF assets by over US$600 million, reaching US$60 billion. BlackRock’s IBIT leads with the highest Bitcoin inflows, adding nearly US$289 million recently. Also: Monochrome launches a new Ether ETF in Australia, offering both […]

Tesla transferred around US$765 million worth of Bitcoin to new, undisclosed wallets, its first activity in two years.  While these wallets are not connected to crypto exchanges, indicating no immediate plans to sell, the move has sparked curiosity about Tesla’s future plans for its Bitcoin holdings. Tesla originally bought US$1.5 billion worth of Bitcoin in […]

Ethereum is losing market share to Solana, according to a new report from CoinGecko. Solana has consistently launched new tokens, accounting for over 80% of newly launched coins in September. While Bitcoin has increased in dominance, the coin has been outpaced by other assets, like gold. According to Coingecko’s Q3 2024 Crypto Industry Report, the […]

MicroStrategy has inspired companies globally, with Metaplanet and Samara AG following its lead by significantly increasing their Bitcoin reserves. Samara AG plans to raise €30 million through a Nordic bond to boost their Bitcoin investments and alternative funds, subject to market conditions. Since April 2024, Metaplanet has acquired 639.5 BTC, affirming its commitment to the […]

Haven’t we heard this one before? After previously announcing the end to its original mining phase, then delaying the airdrop and launching a new “Chill Phase” mini-season to fill the gap, the developers of Telegram crypto game X Empire have once more announced the impending end of gameplay ahead of the planned airdrop. On Friday, […]