Ethereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time. Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) over the past week, and a bearish continuation setup now points to the risk of deeper losses ahead. Key takeaways: Ether’s bear flag risks 10% …
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Security researchers linked a new “Mach-O Man” malware kit to a Lazarus campaign that uses fake meeting invites and ClickFix prompts to steal credentials and access corporate systems on macOS. Security researchers have linked a new macOS malware campaign to the Lazarus Group, the North Korea-linked hacking operation behind some of the crypto industry’s biggest …
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The U.S. Department of Justice has announced the launch of a compensation process for victims of the OneCoin cryptocurrency fraud scheme, with more than $40 million in recovered assets now available for distribution. The scheme, operated between 2014 and 2019 by Ruja Ignatova and Karl Sebastian Greenwood, defrauded investors worldwide of over $4 billion. Marketed …
A pseudonymous crypto trader and analyst says he will remain bullish on Bitcoin unless BTC loses one key support level. The analyst known as DonAlt tells his 68,000 subscribers of the TechnicalRoundup YouTube channel that Bitcoin will likely keeping rallying unless the top crypto asset dips below $70,000 on the weekly chart. “I’m looking at …
Banking behemoth JPMorgan Chase is raising its year-end forecast for the S&P 500 for two main reasons. The bank’s team of strategists led by Dubravko Lakos-Bujas predicts that the S&P 500 will end 2026 at 7,600, up from a prior target of 7,200, reports Bloomberg. The team expects stronger earnings due to renewed investor enthusiasm …
Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court to federal court, arguing that the case turns on disputed questions of federal law over how event contracts are regulated. The move escalates a legal fight that could help define …
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Bitcoin (BTC) price metrics are showing relief this month, but the risk of repeating the 2022 bear market remains. Key points: Bitcoin’s Bull Score Index combined price metric reaches its highest levels since October last year. The relief may be short-lived, analysis warns, pointing to the 2022 bear market. Crypto sentiment reaches its most bullish …
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Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest incident in a series of exploits targeting DeFi platforms. In a Wednesday post on X, the team said the attack affected select vaults and involved assets including Wrapped Bitcoin (WBTC), …
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Uzbekistan has created a special crypto mining zone across Karakalpakstan under a presidential resolution signed on Friday, opening a supervised framework that lets approved mining companies sell mined digital assets on foreign platforms while keeping the proceeds inside the country’s banking system. A presidential decree effective Monday creates the “Besqala Mining Valley,” a special mining …
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Billionaire venture capitalist Tim Draper says he believes Bitcoin will surge more than 230% from current levels. In a new post on X, Draper reflects on his early experiences with Bitcoin and the events that shaped his long term conviction. He says his initial exposure came at around $4, ahead of major setbacks including the …
Crypto protocols have warned that an increase in AI use has led to a flood of bogus bug bounty submissions, putting a strain on teams trying to identify real threats to their protocols. Bug bounties are a system to reward “good” hackers for submitting reports about potential vulnerabilities and are popular in the crypto industry. …
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Privacy-focused crypto protocol Umbra said it has taken down its front-end website to make it more difficult for hackers who have been using it to move funds from recent “high-profile hacks.” Umbra posted to X on Tuesday that it is aware that around $800,000 worth of stolen funds was moved via its protocol. It added …
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Wall Street law firm Sullivan & Cromwell has apologized to a federal judge after submitting a court filing that contained around 40 incorrect citations and other errors caused by AI hallucinations. “We deeply regret that this has occurred,” Andrew Dietderich, co-head of Sullivan & Cromwell’s global restructuring team, wrote Friday in a letter to Chief …
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Coinbase’s quantum researchers have highlighted Algorand and Aptos’ work to prepare their networks for potential threats from quantum computing in a report on Tuesday, as they warned that other proof-of-stake chains may be more vulnerable to attacks. Coinbase’s Independent Advisory Board on Quantum Computing and Blockchain released a paper outlining the threat that quantum computers …
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Sun said the lawsuit is to protect his rights as a WLFI token holder and doesn’t change his support of US President Donald Trump and his administration’s efforts to make the US crypto-friendly. Tron founder Justin Sun said he is suing Trump-family-backed World Liberty Financial for allegedly freezing his tokens and threatening to burn them …
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