Category Archives: Uncategorized

Arcadia Finance’s Rebalancer contract was exploited for $2.5 million in USDC and USDS on the Base blockchain, with stolen assets swapped to WETH. Read More at https://cointelegraph.com/news/arcadia-finance-exploit-2-5m-crypto-theft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles. Read More at https://cointelegraph.com/news/la-sheriff-deputies-admit-helping-crypto-extort-victims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ethereum treasury companies accumulated more than 545,000 ETH over the past month, while institutional funds saw the fourth-highest weekly inflow on record. Read More at https://cointelegraph.com/news/ethereum-investors-pile-into-eth-amid-massive-weekly-surge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Fairlead Strategies founder and managing partner Katie Stockton says Bitcoin should reach $135,000 as an “intermediate-term objective.” Read More at https://cointelegraph.com/news/bitcoin-rally-135k-before-corrective-phase-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Hungary has updated its Criminal Code, imposing potential prison sentences for those using or running unauthorized crypto exchanges. Read More at https://cointelegraph.com/news/unauthorized-crypto-trading-2-years-prison-hungary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Abacus commanded around 70% of the market share across all Bitcoin-enabled Western darknet marketplaces in 2024. Read More at https://cointelegraph.com/news/abacus-market-exit-scam-bitcoin-darknet-shutdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitfinex analysts say this level of accumulation “supports the broader bullish narrative that new buyers entering the Bitcoin market are price-agnostic buyers.” Read More at https://cointelegraph.com/news/bitcoin-retail-demand-outpacing-bitcoin-issuance-rate-bitfinex-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Retired DEA agent Bill Callahan tells Cointelegraph that bad actors can make plenty of mistakes and still “make a handsome profit.” Read More at https://cointelegraph.com/news/regulatory-gaps-fomo-powering-crypto-crime-supercycle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

One risk facing banks that custody crypto is the potential for liability if crypto assets are lost, according to three US financial agencies. Read More at https://cointelegraph.com/news/fdic-agencies-crypto-custodial-risks-banks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Discussions in the House Committee on Rules opened with crypto bills, but quickly shifted to the Department of Defense Appropriations Act. Read More at https://cointelegraph.com/news/crypto-bill-debate-congress-regulations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound