After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals.

A crypto strategist who nailed the Bitcoin pre-halving correction this year thinks BTC is now entering an uptrend. Pseudonymous trader Rekt Capital tells his 484,100 followers on the social media platform X that Bitcoin has convincingly broken out of a descending trendline on the daily chart. “The Bitcoin downtrend is over. A new Bitcoin uptrend […]

An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new post on X, BTC has reclaimed the Realized Price […]

WazirX, the largest Indian cryptocurrency exchange, was hit by a security breach in one of its multisig wallets on Thursday. The incident resulted in the loss of over $230 million from the multisig wallet. Over $230 Million Stolen in WazirX Breach The company announced the attack in a post on X: At WazirX, our commitment […]

Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that all malicious […]

Inactive Bitcoin wallet has come back to life after 11 years of dormancy

South Korean cryptocurrency exchanges are racing to implement new monitoring systems as the country’s first comprehensive law on virtual asset user protection is set to take effect this Friday, July 19. The Virtual Asset User Protection Act (VAUPA) introduces stringent regulations aimed at preventing unfair trading practices in the crypto market. South Korea Tightens Crypto […]

Foley & Lardner LLP partner Patrick Daugherty offered insight on the prospects of a shift in U.S. regulatory approach to cryptocurrency in.

A crypto exchange based out of India has confirmed a multi-million dollar security breach on a multi-sig wallet. According to the India-based exchange WazirX, the incident has led the exchange to temporarily halt Indian rupee (INR) and crypto withdrawals. “Update: We’re aware that one of our multisig wallets has experienced a security breach. Our team […]

A crypto trader inked more than 16x profit and made millions on a Donald Trump-inspired memecoin that has exploded in value this year. The crypto tracker Lookonchain notes that a wallet suspected to belong to the pseudonymous trader Gigantic Rebirth spent 540,700 worth of the top stablecoin USDT to buy 1.08 million MAGA (TRUMP) at […]

TL;DR WazirX Cyber Attack: Indian cryptocurrency exchange WazirX suffered a major cyber attack, resulting in the loss of approximately $235 million in digital assets. The breach targeted WazirX’s multi-signature wallets. North Korean Hackers Involved: Blockchain analytics firm Elliptic linked the theft to hackers with ties to North Korea. ZachXBT’s analysis also suggests the attack bears […]

XRP witnessed a sudden sell-off today, declining over 10% The coin still conserves some of this week’s gains at 22%. Ripple CEO Garlinghouse criticised how crypto has become a political issue. XRP is bleeding, losing a good chunk of its gains this week at press time. Data from CoinMarketCap shows XRP has declined to $0.5521 […]

BRETT Price Dips and Solana Coins Rise, But Traders Move To MOONHOP’s 4900% Growth  The current waveforms of BRETT price, as pinpointed by Crypto News Flash, reveal the inherently unpredictable character of meme coins amidst fluctuating broader market conditions. In tandem, Ambcrypto’s recent spotlight on the introduction of Tequila Julio to the Solana blockchain heralds […]

What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies?

Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to […]

DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired in […]

Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto […]

HodlX Guest Post  Submit Your Post   The crypto industry has rebounded after a brutal period defined by scams, scandals, massive price declines and continuing gaps in real-world utility. As the industry stabilizes and innovation once again flourishes, decentralized finance’s (DeFi’s) progress has come to symbolize the growth and maturation of an industry some predicted would […]

Analyst Benjamin Cowen is saying that the possibility of Bitcoin (BTC) rising higher will increase if the flagship cryptocurrency manages to go up above a key moving average on the weekly chart. In a new video, Cowen tells the 803,000 subscribers of his YouTube channel that Bitcoin is currently in a “very critical spot” and […]

This background might have prompted Saylor’s message in German

Cryptocurrency exchange OKX is discontinuing its services in Nigeria due to what it termed as changes in local regulations, Cointelegraph reported, citing emails sent to users. This surprise announcement followed months of gradual service reduction, culminating in a complete exit by mid-August. A Complete Suspension of Operations In the email sent to clients in Nigeria […]

The WazirX cyberattack is not just the biggest security breach of a cryptocurrency exchange in India, but is among the top hacks in the world, …

Decentralized technology might have the ability to offer whistleblowers of the future more secure methods for sharing evidence.

TL;DR BlackRock muscles in with a fee beatdown: BlackRock’s proposed Ethereum ETF fee of 0.25% significantly undercuts the competition, especially Grayscale’s hefty 2.5% fee on their existing Trust (ETHE). Get ready for a new wave of Ethereum ETFs: Regulatory approval is expected next week, paving the way for BlackRock’s ETF and potentially others to launch […]

Scaramucci views Gary Gensler’s delayed ETF approval as inadvertently strengthening the crypto industry. Despite past affiliations, he promotes a bipartisan approach to crypto, contrasting with other leaders. Scaramucci suggests Trump’s crypto support has forced Democrats to reconsider their position. A man that needs no introduction, yet usually gets greeted with a similar opening phrase – […]

US-based cryptocurrency exchange, Kraken, has rolled out its institutional digital asset custody solution, Kraken Custody, in Australia and the UK. Kraken says it’s step one of a global expansion of its institutional custody solution, with plans to introduce it to most markets serviced by its crypto exchange by the end of this year. US-based crypto […]

Bitcoin Cash & BNB Investors Cave Under Pressure; Experts Optimistic About BlockDAG’s Soaring Presale Approaching $60M BNB traders grapple with market instability after a significant whale transferred 200,000 BNB tokens to Binance, sparking widespread unease and a downward trend. Meanwhile, Bitcoin Cash (BCH) investors also wrestled with uncertainties as BCH prices have tumbled. Experts are […]

Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line […]

President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating import duties for certain basic foods and supplies for a decade. While some of these products did not pay duties due to a previously approved bill, critics argue that this will exacerbate reliance on imports, […]

Bankrupt crypto lender BlockFi announced a significant step in its effort to repay its clients. In an X post on Wednesday, the lender noted that the first interim distribution of funds to clients through Coinbase will begin this month. According to BlockFi, the interim distribution will commence in July and will be processed in batches […]

Dogecoin regaining some crucial price ground, getting closer to important on-chain threshold

The Financial Conduct Authority (FCA) has significantly expanded its cryptocurrency workforce to over 100 staff members, yet its policy team remains understaffed, according to data obtained by blockchain finance provider Quant through a Freedom of Information request. The regulator claims that it is doing everything in its power to support the cryptocurrency industry, with members […]