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bitcoinist.com CoinDCX Employee Arrested Over Links To $44 Million Crypto Heist – Report

In a new development, Indian authorities have arrested one of CoinDCX’s employees for his alleged connection to the recent security breach that resulted in the massive crypto theft. Related Reading: Indonesia To Raise Tax Rates On Crypto Transactions, Miners Starting August Crypto Investigation Leads To Arrest On Thursday, local reports revealed that Bengaluru City police […]

news.bitcoin.com MEXC Reports 12% Drop in Syndicate Fraud Cases in Q2 2025

MEXC reported a 12% quarter-over-quarter decline in syndicate-related fraud during Q2 2025, blocking over 70,000 fraud attempts using artificial intelligence (AI)-powered risk controls and targeted regional interventions. AI-Driven Security Cuts Crypto Fraud on MEXC As Fraud Attempts Decline MEXC has published its Q2 2025 Risk Control Summary, revealing a 12% decrease in syndicate-related fraud attempts […]

bitcoinist.com American Bitcoin Public Offering Could Propel Eric Trump’s Stake Beyond $360 Million

Eric Trump’s stake in a newly established Bitcoin (BTC) mining venture could potentially be valued at $367 million as the company prepares to go public in the coming weeks, according to a report by Bloomberg.  The second son of President Donald Trump co-founded American Bitcoin Corp. in March, and his ownership in the company is […]

bitcoinist.com Ether Machine Expands Ethereum Exposure, Adds 15,000 ETH In Latest Buy

The Ether Machine, an institutional-grade Ethereum (ETH) yield and infrastructure company, recently announced the addition of 15,000 ETH to its balance sheet. The purchase coincided with Ethereum’s 10-year anniversary. The Ether Machine Continues To Stack ETH In a recent announcement, The Ether Machine confirmed it had purchased nearly 15,000 ETH for $56.9 million, at an […]

blockonomi.com Bitcoin Price in August: Can BTC Hold $117K, or Is a Deeper Pullback Ahead?

TLDR: August Bitcoin median return is negative 8.3%, with past drawdowns of up to 20%. BTC dropped from $123K to $115.6K as profit-taking and miner selling cooled July’s rally. 96% of the Bitcoin supply remains in profit, fueling both holding confidence and selling pressure. Analysts eye $117K support; a break could trigger a slide toward [...] The post Bitcoin Price in August: Can BTC Hold $117K, or Is a Deeper Pullback Ahead? appeared first on Blockonomi.

bitcoinist.com Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules

South Korean financial regulators are preparing new guidelines to address cryptocurrency lending services, particularly those offering high leverage to retail investors. The initiative, announced on Thursday, comes amid growing concerns about investor protection and potential risks tied to volatile market conditions. According to reports from Yonhap News Agency (YNA), the Financial Services Commission (FSC) and […]

news.bitcoin.com Ether Machine Adds 15,000 ETH to Treasury to Become 3rd Largest ETH Holder

The Ether Machine has purchased nearly 15,000 ETH worth $56.9 million, reinforcing its long-term strategy to build a large institutional-grade ETH treasury. The announcement coincides with Ethereum’s 10th anniversary and includes a $100,000 donation to the Protocol Guild. Ethereum Turns 10: The Ether Machine Marks Milestone with Major ETH Buy The Ether Machine marked Ethereum’s […]

news.bitcoin.com Employee of Indian Exchange Arrested in $44M Crypto Hack, Malware Blamed

Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face […]

bitcoinist.com A Ticking Time Bomb? US Senator Compares GENIUS Act To 2008 Financial Crisis

US President Donald Trump’s new crypto law is under fire from Sen. Elizabeth Warren, who warns it could repeat mistakes that led to the 2008 crash. Based on reports from Vanity Fair, Warren says the GENIUS Act was shaped more by industry players than by public interest, and she fears ordinary Americans will pay the […]

news.bitcoin.com Nancy Pelosi ‘Outperformed Every Single Large Hedge Fund’ in 2024: White House

The Trump administration made the claims during a Thursday afternoon briefing hosted by White House Press Secretary Karoline Leavitt. Did Pelosi’s 2024 Stock Returns Beat Every Major Hedge Fund? Former House Speaker and current California Congresswoman Nancy Pelosi’s stock portfolio allegedly outperformed every large hedge fund in 2024 and more than doubled the annual return […]

bitcoinist.com In-Kind Bitcoin ETF Redemptions Are “A Bigger Deal Than You Think,” Says Expert

The US Securities and Exchange Commission on July 29 approved orders permitting in-kind creations and redemptions for Bitcoin and crypto exchange-traded products, reversing the cash-only constraint that governed January’s spot bitcoin launches and this spring’s ether funds. In a formal statement, the agency said bitcoin and ether ETPs “will be permitted to create and redeem […]

news.bitcoin.com Visa Supports More Stablecoins in Push for Scalable Global Blockchain Payments

Visa supercharges the future of finance by expanding stablecoin settlements with new digital assets and blockchains, unlocking a new era of global crypto payments. Visa Broadens Stablecoin Network With Euro Integration and New Blockchain Access Payments giant Visa announced on July 31 that it is extending its stablecoin settlement infrastructure by integrating more digital currencies […]

news.bitcoin.com Tim Draper Applauds SEC’s Project Crypto—His All-Bitcoin Vision Nears Reality

Tim Draper backed the SEC’s Project Crypto, calling it a breakthrough toward an all-bitcoin economy powered by blockchain-based accounting, smart contracts, and tokenized finance. SEC’s Project Crypto May Realize Tim Draper’s Dream of All-Bitcoin Market Systems Venture capitalist Tim Draper praised “Project Crypto” on social media platform X on July 31, shortly after U.S. Securities […]

bitcoinist.com Invesco Galaxy Files For Solana ETF: What This Means For SOL

The Invesco Galaxy file for Solana ETF could mark a significant step in the evolution of cryptocurrency investment products. This move positions SOL as a potential mainstream asset, which offers investors regulated exposure to one of the leading Layer 1 blockchains. Will This Spark a New Era Of Ecosystem Growth On Solana? In a move […]