Dormant 4,000 BTC Miner Wallet Awakens Amid Potential Quantum Attack Fears
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Crypto News

Data from Lookonchain shows an early bitcoin BTC$111,379.36 miner wallet holding 4,000 BTC (around $442 million) has become active for the first time in 14 years. The wallet, identified as 18eY9o, transferred 150 BTC (roughly $16.6 million) after years of dormancy. These coins were originally mined in 2009 and consolidated into the wallet in 2011. […]

Bitcoin Price (BTC) News: Modest Rally on Thursday
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Crypto News

Crypto markets were in rally mode on Thursday alongside sizable gains in stocks, a U.S. presidential pardon for Binance founder Changpeng Zhao, and ahead of tomorrow’s key reading on September inflation. In mid-afternoon U.S. trading, bitcoin BTC$109,538.70 was up 2.7% over the past 24 hours to $110,700, down a hair from the day’s high of […]

Bunni DEX Shuts Down Over $8.4M Exploit, Costly Recovery Road
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Crypto News

Bunni, a decentralized exchange (DEX) built on Uniswap v4, said it will close permanently two months after an exploit drained some $8.4 million in crypto and left the team without the resources to recover. In a post on X, the team behind Bunni said the cost to securely relaunch the protocol would run into “6-7 […]

Rise in BTC Value Adds $80M to Bottom Line
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Crypto News

Tesla (TSLA) continued to hold 11,509 BTC, valued at around $1.35 billion as of the end of the third quarter (valued somewhat less as of today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on its holdings. For perspective, adjusted EBITDA for the quarter was […]

XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance
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Crypto News

Layer-1 blockchain XDC Network’s venture arm said on Wednesday it had acquired Contour Network, a digital platform designed for banks to streamline trade finance with blockchain rails. Contour was originally backed by major banks like HSBC, Citi and Standard Chartered but struggled to scale and was shuttered in late 2023. Under XDC’s ownership, it will […]

Gains 2.5% Confirming Double-Bottom Reversal
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Crypto News

The governance token of Aave AAVE$224.12, the world’s largest decentralized lending protocol, advanced 2.5% on Tuesday afternoon above $230, recovering from an overnight selloff. The token pushed through key resistance levels, confirming a double-bottom support zone between $220 and $221.13 and triggering a reversal as volume spiked nearly 90% above daily averages, according to CoinDesk […]

Canadian Province British Columbia to Permanently Ban New Crypto Mining Projects From Grid
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Crypto News

British Columbia said it plans to permanently ban new cryptocurrency mining operations connecting to its electricity grid, citing the need to protect power supplies for industries that drive jobs and public revenue. The move from the government of Canada’s third-most populous province is part of a broader legislative and regulatory overhaul unveiled Monday that also […]

HSDT Brings Forward PIPE Share Unlock Amid 60% Stock Slide
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Crypto News

Solana Company (HSDT), the digital asset treasury firm formerly known as Helius Medical Technologies and backed by Pantera Capital, has moved ahead with unlocking shares for early investors in its $500 million PIPE round as the company’s stock trades below the initial purchase price. The shares, sold in a private placement in September at $6.881 […]

BlackRock Bitcoin ETP Joins London Stock Exchange After UK Eases Crypto Ban
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Crypto News

BlackRock’s (BLK) bitcoin BTC$111,296.88 exchange-traded product (ETP) started trading on the London Stock Exchange on Monday, the asset manager’s first such product in the U.K., after the Financial Conduct Authority (FCA) lifted its ban on certain bitcoin-based ETPs. The iShares Bitcoin ETP, trading on the London Stock Exchange under the ticker IB1T, allows retail investors […]

Long-Time HODLer Says $3M Worth of Tokens Were Stolen From His Cold Wallet
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Crypto News

An American retiree says more than $3 million in XRP vanished after he checked Ellipal’s mobile app on Oct. 15 and saw his balance gone, a discovery that spurred an on-chain tracing effort by pseudonymous analyst ZackXBT. CoinDesk has not independently verified the investor’s identity, balances, or the complete on-chain path. The account comes from […]

XRP, Solana See Bullish Reset in Sentiment as Bitcoin, Ether Lag
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Crypto News

XRP$2.3304 and Solana’s SOL$183.77 stand out as the major cryptocurrencies with a key sentiment gauge showing bullish momentum, while their peers bitcoin BTC$106,931.06, and ether ETH$3,894.35 remain stuck in the gloom. This key sentiment gauge, known as the 25-delta risk reversal, is actually an options strategy involving the simultaneous purchase of a 25-delta call and […]

Billionaire YouTube Star MrBeast’s Firm Could Bring Crypto to Millions
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Crypto News

Beast Holdings, the business entity tied to YouTube personality Jimmy ‘MrBeast’ Donaldson, has filed a U.S. trademark application for “MrBeast Financial,” with language suggesting a possible push into crypto. The application includes services like cryptocurrency payment processing, crypto exchange, and trading through decentralized exchanges (DEXs). The filing also mentions downloadable software and software-as-a-service (SaaS) tools […]