The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip. Source: https://cointelegraph.com/news/price-analysis-7-5-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib
Month: July 2024
If Biden Drops Out, Is Crypto Villain Gary Gensler Out Too?
At the close of one of the most unprecedented weeks in the modern history of the American presidency, the crypto industry appears in reach of an unexpected victory: President Joe Biden, whose administration has been widely criticized as hostile to crypto, now faces a massive wave of pressure to drop out of the 2024 presidential election due to concerns about…
Multicoin Capital Pledges $1 Million to Support Pro-Crypto Senate Candidates
Multicoin Capital, a leading U.S. investment firm focused on cryptocurrency, has announced a pledge of up to $1 million to support Senate candidates with favorable views on the crypto industry. The firm plans to back four Republican candidates—Sam Brown in Nevada, David McCormick in Pennsylvania, Bernie Moreno in Ohio, and Tim Sheehy in Montana—through donations to the conservative super political…
9 Dormant Bitcoin Wallets Reactivate, Moving $7.5M Amid BTC Price Drop
While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to $56,642 by 12:50 p.m. EDT on July 5. Notably, nine dormant bitcoin wallets created in 2013, 2016, and 2017 became active on Friday, moving 133.41 BTC valued at $7.5 million. The initial three wallets, […] Source: https://news.bitcoin.com/9-dormant-bitcoin-wallets-reactivate-moving-7-5m-amid-btc-price-drop/
Cryptocurrency Thefts Double to $1.4 Billion in First Half of 2024
The value of cryptocurrency stolen in hacks worldwide more than doubled in the first six months of 2024 compared to the same period last year, driven by a few large-scale attacks and increasing crypto prices, according to blockchain researchers at TRM Labs. Surge in Crypto Theft Hackers stole over $1.38 billion worth of cryptocurrency by June 24, 2024, compared to…
UK crypto advocates call for consistent policy after Labour landslide
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government. Source: https://cointelegraph.com/news/uk-industry-crypto-policy-labour-party-election
Bitcoin Exchange Hack Leads Surging Tally of Crypto Stolen in 2024: TRM Labs
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Hackers stole more than twice as much cryptocurrency in the first half of 2024—based on the U.S. dollar value of the coins—compared to the first six…
Bitcoin Falls as Mt. Gox Repayment Roils Crypto Market
Prices for major cryptocurrencies, as well as shares of Coinbase Global (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR), slumped on Friday as the collapsed crypto exchange Mt. Gox began paying back creditors. Nobuaki Kobayashi, the trustee for the Mt. Gox bankruptcy estate, announced that the estate has “made repayments in Bitcoin and Bitcoin Cash to some of the rehabilitation creditors through a part…
German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture on bitcoin’s advantages for nation-states, aiming to shift policy toward embracing cryptocurrency as a reserve […] Source: https://news.bitcoin.com/german-mp-criticizes-bitcoin-sales-urges-government-to-hold-btc-as-reserve-asset/
ChatGPT users on macOS shocked to learn chats were stored unencrypted
The problem has since been resolved, but it begs the question of how such an oversight happened in the first place. Source: https://cointelegraph.com/news/chat-gpt-apple-mac-os-shocked-chats-artificial-intelligence-unencrypted