A vulnerability in 2021 Coldcard firmware has enabled attackers to steal nearly $89 million in bitcoin across thousands of addresses using predictable keys.
The SEC has suspended Nasdaq's approval for QBTC bitcoin index options to reconsider its jurisdiction following a legal challenge from CME Group regarding commodity regulation.
Bitcoin and ether show little movement as the U.S. intensifies its military actions against Iran, with the Strait of Hormuz reportedly closed once more. Other major cryptocurrencies also exhibit minimal price changes amidst ongoing Middle East tensions.
Bitcoin is approaching the crucial support level of $58,000, which has historically marked accumulation zones. Fidelity's Jurien Timmer indicates that without a liquidity catalyst, Bitcoin may remain around this level for an extended period.
The stablecoin market has seen a significant decline of $10 billion since May, with analysts suggesting this is a temporary setback rather than a cause for concern. Tether's USDT and Circle's USDC have both contributed to this downturn as newer competitors emerge.
Miles Guo, a Chinese businessman once linked to Steve Bannon, has been sentenced to 30 years in prison for his role in a $1 billion fraudulent cryptocurrency scheme.
The SEC is reconsidering its regulatory approach to novel ETFs, particularly those involving crypto, and has opened a 60-day comment period to gather public insights on potential changes.
Bitcoin's recent stability around $60,000 has raised concerns among analysts, who warn that a drop below this range could lead to a decline towards $40,000. Market pressures, including potential Bitcoin sales by Strategy, are contributing to this cautious outlook.
Nasdaq is expanding its market data distribution into blockchain infrastructure, enabling broader access to its TotalView data feed through the Pyth Network as financial firms develop blockchain-based applications.
The White House is set to meet with law enforcement representatives to address concerns regarding the Clarity Act, which aims to shape the crypto market structure amidst ongoing debates over illicit finance provisions.
A significant portion of the $16 billion lost to crypto hacks is due to vulnerabilities in private key management rather than issues with smart contracts. The industry is making strides to enhance security protocols and minimize risks associated with private keys.