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The Latest Breaking News from Bitcoin

Crypto Industry Lost $71M To Security Incidents Last Week: Blockchain Security Firm

The crypto sector has been flagged multiple times for being vulnerable to exploits and scams unless strong security measures are in place, and such vulnerability was once again highlighted last week, when hackers and scammers pilfered over $71 million from the emerging industry.

International Business Times

Cryptocurrency Trader Loses Millions In Address Poisoning Scam

Learn how cryptocurrency traders are falling prey to sophisticated scams, resulting in significant financial losses. Stay vigilant to protect your investments.

Top News

Bitcoin Stalls- Are Higher Highs on the Horizon?

Bitcoin has only ventured under the $60,000 per token level a few times since early March, as the price consolidated after making a new record peak. Bitcoin is the leading cryptocurrency, and the spot Bitcoin ETFs have increased its profile, leading to a new all-time high.

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El Salvador Inspired? Jack Dorsey's Block Unveils New Monthly BTC Buying Strategy

A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.

International Business Times

Pro-crypto Lawmakers Press Gensler's SEC To Approve Spot Bitcoin ETF Options

Gensler is under pressure to approve the SEC under Chair Gensler to approve spot Bitcoin ETF options trading "without delay" as it was crucial for investors that the SEC has said it wants to protect.

International Business Times

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

International Business Times

Digital Gold Rush: Navigating the Opportunities and Risks in Cryptocurrency

Cryptocurrencies are a new phenomenon in the financial sector that seems to offer great rewards but at very high risks.

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US Prosecutors Probing Jack Dorsey's Block For Non-Compliance At Cash App, Square: Report

Jack Dorsey's Block is once again under fire, and this time, for alleged non-compliance at the fintech company's top units: Square and Cash App.

International Business Times

Crypto Breakthrough: Elliptic Publishes Research On How AI Can Detect Bitcoin Laundering

Elliptic shared the progress it made in studying the use of AI in detecting illicit activities in the crypto space, and this time, its machine learning model was able to help identify money laundering movements using Bitcoin, the world's most popular digital asset.

International Business Times

Senator Blasts DOJ's Stance Over Self-Custody Crypto Wallets

Sen. Lummis, who has called for regulations that do not stunt innovations in the crypto space, on Wednesday called out the Biden administration for criminalizing the "core tenants of the Bitcoin network."

International Business Times

'Nothing Major': Michael Saylor, Other Hodlers Shrug Off Bitcoin $58K Freefall

Bitcoin dropped to $58,000 on Wednesday, and even as newbie crypto traders and BTC non-believers plant FUD in the minds of other holders, the "hodlers" are displaying a serious sense of unity.

International Business Times

EXCLUSIVE: Top Base Memecoin $BRETT Nears $500M Market Cap, Remains Bullish For 2024

$BRETT remains the largest memecoin on Base even with the decline of some leading tokens, and the team behind it has a bullish growth picture for the rest of the year.

International Business Times

CBI searches over 30 locations across 10 States/UTs in HPZ Token app case

CBI conducts searches in 10 states for HPZ Token app scam, leading to seizure of assets; ED freezes ₹176.67 crore.

The Hindu

Is MicroStrategy Headed for S&P 500 Eligibility?

MicroStrategy is a tech stock with significant exposure to Bitcoin, tying its share prices to the digital asset. However, one analyst thinks MSTR should be targeting the benchmark S&P 500 Index. Let's see why.

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Reason

Groundhog Day for the Crypto Wars: The DOJ on Bitcoin Prowl

The government always has seemingly good reasons to sidestep people’s rights.

Top News

Bitcoin Price Drops Below ,000 Amid Fed Rate Concerns

Bitcoin's price drop below ,000 due to Federal Reserve rate concerns impacts fintech and crypto markets.

International Business Times

Bitcoin Plunges To $60K As Binance's CZ Gets Sentenced To 4 Months In Prison

On the day of his sentencing, the price of Bitcoin plummeted from nearing $64,000 to $60,000. Such a development led the crypto community to express various thoughts on his sentence, with some predicting the digital coin won't see a bull run until the crypto mogul is released in August.

International Business Times

Bitcoiners Blast Peter Schiff For Comment On Michael Saylor's Post Amid BTC Dip

Several followers of Bitcoin maximalist Michael Saylor are not pleased that gold advocate Peter Schiff made a sarcastic comment on their crypto hero's post, with some saying the stockbroker should wait for the day when Bitcoin reaches stellar prices as gold has.

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International Business Times

Coal Miner Utilizes Excess Power For Bitcoin Mining, Now Holds 425 BTC

An Oklahoma-based coal miner started mining Bitcoin in the second half of 2020 as a "pilot project," and now it holds 425 BTC – mined from the company's "excess" energy.

Barchart

5 Microcap Stocks With 65% or More Upside Potential

While they do carry higher-than-average risk, these microcaps also offer major upside potential for investors seeking startup-sized returns.

International Business Times

Bitcoin, Stocks And Bonds Sell-off On Stagflation And Earnings Worries

Trading started on the wrong side for Wall Street bulls on Thursday morning. All major asset categories headed south on worries that the U.S economy is heading into stagflation. That's a situation of slowing economic growth and rising inflation.

International Business Times

Stripe Snaps 6-Year Crypto Break, Announces USDC Stablecoin Support In Summer

Stripe has returned to the cryptocurrency space six years since it terminated support for Bitcoin payments, but this time, it is jumping back in through the expanding stablecoin market, starting off with the USDC.

International Business Times

SEC Expected To Reject Spot ETH ETFs After Discouraging Meetings With Applicants

The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.

International Business Times

Morgan Stanley Reportedly Considers Allowing Solicited Bitcoin ETF Purchases

Morgan Stanley may trigger a significant shift in the way traditional banking institutions have dabbled into cryptocurrency offerings as it is reportedly exploring the possibility of allowing its brokers to recommend spot Bitcoin ETFs to clients.

International Business Times

An Astonishing 75% Of People In Crypto Skeptic Nigeria 'Trust' Bitcoin: Survey

In a country that has singled out crypto exchange giant Binance in its industry crackdown, more than half of the people actually trust the top digital asset Bitcoin for their financial transactions, a new survey found.

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