Crypto Exchange M2 Confirms $13.7 Million Breach, Says Issue Resolved Within 16 Minutes

M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based... Read more »

Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT

Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers... Read more »

Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania

Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has... Read more »

Another XRP ETF Filing Lands at the SEC as Interest in Crypto ETFs Heats Up

With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. Another XRP ETF Filing Drops, Turning Up Pressure... Read more »

Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify

Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricted Zones Russian... Read more »

SEC Chair Doubles Down on Regulation by Enforcement as Political Pressures Mount

SEC Chair Gary Gensler, facing bipartisan pressure and Trump’s vow to remove him, defended the agency’s regulation by enforcement. SEC Chair Stands Firm: ‘We’re Going to Continue to Do That Which We... Read more »

Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs

Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices The Coinshares... Read more »

Coinbase CEO to New SEC Chair: Apologize to the American People and Drop ‘Frivolous’ Cases

Coinbase’s CEO calls on the next SEC chairman to drop “frivolous cases” and apologize to the American people for past actions, citing inconsistent crypto regulations. ‘Withdraw Cases, Apologize’: Coinbase CEO’s Challenge to... Read more »

Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners

As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of... Read more »

Bitcoin Facing Potentially Destructive ‘Vampire Attack’ by Third Parties

Duo Nine, the founder of YCC, alerted others about an ongoing vampire attack on Bitcoin, which Satoshi Nakamoto foretold in the Bitcoin whitepaper. Nine explained that the inclusion of third parties siphoning... Read more »