Canadian Teen Convicted in $37M Bitcoin Heist and 2020 X Hacking Spree
A Canadian teen has been sentenced for a $37 million Bitcoin (BTC) heist and the hacking of several X accounts. This follows on-chain sleuth ZachXBT’s calls for stricter penalties against SIM swapping and social engineering fraudsters. Suspect’s Sentence ZachXBT revealed via a July 29 X post that Cameron Redman...
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Higher Bitcoin ETF Options Limits May Cut Volatility, but Boost Spot Demand: NYDIG
Bitcoin’s trademark volatility may be entering a new phase thanks to the Securities and Exchange Commission (SEC). The agency’s decision to raise position limits on options for most bitcoin ETFs could help smooth price swings by encouraging strategies like covered call selling, which caps the upside in exchange for...
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Ark Invest Splashes $47-M On Coinbase, BitMine Shares After US Stock Market Drawdown
Asset management firm Ark Invest has expanded its stock holdings of US-based centralized exchange Coinbase and blockchain technology company Bitmine. This $47 million purchase of crypto-related stocks came on Friday, August 1, following the dip in the US equities market due to weak economic data and newly adjusted tariff...
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TRON founder Justin Sun blasts off on Blue Origin spaceflight
After a three-year wait, TRON founder Justin Sun joins five others on a suborbital mission to space....
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Eric Trump Joins the ‘Buy the Dip’ Chorus – Could Bitcoin Hyper ($HYPER) Outperform $BTC?
After soaring to a record high of $123,217 in mid-July, Bitcoin has hit a bit of turbulence as we step into August. The world’s leading cryptocurrency has dropped around 2% since the start of the month – and is now down roughly 12% from its all-time high. This pullback...
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Analysts Expect a New Ethereum ATH, Despite $ETH Dropping 6% in 24H From Its $3,800 Price Point
$ETH dropped 6% in the last 24 hours after touching on its target of $3.800, but crypto analysts still predict a new ATH soon. According to a Glassnode report, $ETH owes its 6% contraction to long-term holders withdrawing their gains mid-rally. As the report states: ‘Glassnode’s Net Unrealized Profit/Loss...
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Ripple Price Analysis: These Are XRP’s Next Defense Lines After a Breakdown Below $3
Ripple’s price is experiencing a pullback after an impulsive rally that began in June. As both the USDT and BTC pairs are now showing signs of bearish momentum, investors are cautiously looking to see if the available support levels can hold and prevent a full-on reversal. Technical Analysis By...
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Bitcoin Price Analysis: $100K Breakdown Looms for BTC if This Support Fails
Bitcoin came under notable selling pressure following heightened geopolitical concerns stemming from the escalating conflict between Russia and the United States over nuclear threats. Despite the bearish momentum, the cryptocurrency has now reached a key support zone, expected to hold in the short term. Technical Analysis By ShayanMarkets The...
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Elon Musk Poses Chilling Question: Can Quantum Computers Hack Bitcoin?
Elon Musk is raising new questions about Bitcoin’s long-term safety in the face of rapid advances in quantum computing. The Tesla and SpaceX CEO turned to his AI chatbot, Grok, to find out how likely it is that Bitcoin’s SHA-256 hashing algorithm could be cracked by powerful quantum machines....
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