Crypto hardware wallet Trezor’s X account fell in the hands of hackers on Tuesday, sounding alarm to its 528,000 followers. The security breach is suspected to be a SIM-swap attack and according to reports, the compromised account began promoting a fake token sale. The fake ad post was however removed later. Community alert: Trezor X/Twitter...
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings indicate that last week, Bitcoin investment product inflows hit $2.9 billion, setting...
Kyle Davies, the founder of collapsed crypto hedge fund Three Arrows Capital (3AC) says he has nothing to apologize for in a new interview on the latest episode of Unchained. “Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right?” reasoned Davies. His words came in...
Popular American rapper and member of the acclaimed hip-hop group Wu-Tang Clan, Dennis David, also known as Ghostface Killah, revealed plans on March 18 to release a collection of exclusive music as Bitcoin Ordinals. The exclusive music will be released with Ordinal Bots, Rare Scrilla, and NakaPepes. Ghostface Killah Announced Exclusive Music Release on Bitcoin...
Galaxy Digital CEO Mike Novogratz thinks Bitcoin is forever beyond $55,000 after cracking beyond $73,500 on Tuesday. “Things are frothy, funding rates high. In times like this you have to be ready for a correction,” Novogratz told CNBC on Wednesday. “I don’t think we’ll go back below fifty thousand, fifty-five thousand.” Mike Novogratz On Bitcoin...
Bitcoin price growth could continue, a South Korean crypto analyst has predicted, as “crypto fever” slowly takes hold in the nation. According to Hanguk Kyungjae, the “consensus” among the nation’s “industry experts” is that Bitcoin (BTC) prices will keep going up. The media outlet said that forecasters think the coin “will continue its upward trend...
South Africa’s regulator Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for cryptocurrency exchanges, according to a Reuters report citing an official from the regulatory body. There have been more than 300 South African crypto providers seeking permits and out of those only 59 have been approved. By law, digital-asset exchanges require permits...
In the ever-evolving landscape of cryptocurrency, Bitcoin‘s recent uptick to $73,400 echoes a growing bullish sentiment. Amidst market fluctuations, this advance strengthens the Bitcoin price prediction discourse, suggesting a potential continuation of its upward momentum. With the market’s eyes fixed on the pivotal $70,587 mark, Bitcoin’s journey is watched by traders and investors alike for...
Spot Bitcoin (BTC) exchange-traded funds (ETFs) could witness an influx of $220 billion over the next three years. According to a research report by broker JMP Securities, this surge in capital could potentially drive BTC’s price up fourfold to $280,000, considering the multiplier effect on new investments. JMP analysts highlighted that if their estimates regarding...
UK Judge James Mellor has rejected Craig Wright’s claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict. The ruling came at the conclusion of closing arguments in the lawsuit brought by the Crypto Open Patent Alliance (COPA) against Wright, an Australian computer scientist who has asserted his identity as Nakamoto...