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Bitcoin BTC$69,047.19 pared earlier losses Thursday afternoon after U.S. President Donald Trump said he would extend a pause on attacks against Iran’s energy infrastructure.In a Truth Social post, Trump said the pause will now be 10 days, citing ongoing diplomatic talks.”As per Iranian Government request… I am pausing the period of Energy Plant destruction by 10 Days,” Trump wrote, adding that the “talks are ongoing” and “they are going very well.”The news helped stabilize markets after an ugly Thursday that saw bitcoin slide 3% and the Nasdaq 2.4%, with that tech-heavy index now lower by about 10% since peaking for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The world’s largest asset manager has yet to file for a spot XRP exchange-traded fund, but a growing body of evidence suggests the distance between BlackRock and that step is narrowing. Discussion regarding whether BlackRock is preparing to move into XRP has picked up again, but the real reason is not coming from filings or official announcements. It is coming from recent comments on how the investment firm is talking about the next phase of crypto ETFs and the criteria it is watching closely. BlackRock’s ETF Strategy…
Moonwell faces $1M risk after attacker buys cheap tokens and submits malicious vote proposal to gain control of DeFi lending protocol contracts. A decentralized finance platform called Moonwell is facing a serious security threat after a very cheap attack. The incident was a surprise to the crypto community because the attacker only spent $1800. According to the reports by the Moonwell Forum, the proposal could put more than $1000000 at risk. Cheap Token Purchase Leads to Governance Attack The issue began with an unknown attacker purchasing some 40000000 MFAM tokens. These tokens have voting power within the governance system of…
GameStop’s (GME) massive, $420 million bitcoin BTC$69,153.58 transfer earlier this year was not an exit – but it’s not holding the coins anymore either.In its annual report filed Tuesday, the video game retailer revealed that 4,709 BTC – out of its 4,710 coins – had been pledged to crypto exchange giant Coinbase (COIN) as part of an over-the-counter covered-call strategy.The disclosure offers a clearer explanation for a January wallet that showed GameStop shifting nearly its entire bitcoin position to Coinbase Prime. The move had stirred speculation that the company was preparing to sell its holdings. Especially so as digital asset…
Bitcoin’s next move is one of the most debated questions in the market right now. One side sees the current price structure as a base for a push to new all-time highs, pointing to strength around $70,000 and repeated rebounds above this price level. Another camp believes the recent action is only a pause within a broader downtrend, with more range consolidation and lower levels still ahead before any real rally begins. That divide is exactly where expert analyst Tony Severino steps in with a very cautious outlook. According to the crypto trading expert, Bitcoin might not see a rally…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto specialist with deep roots in decentralized finance is now leading design at one of the world’s most watched tech platforms. X has hired Benji Taylor as Head of Design, an appointment that spans the company’s work alongside xAI and SpaceX — and arrives just weeks before a planned financial product launch. A Hire Built Around Financial Ambition Taylor’s resume reads like a tour through the last decade of crypto product building. He founded Los Feliz Engineering, the studio behind Family, a self-custody crypto wallet. I’m…
Nvidia faces class action over alleged $1B undisclosed crypto GPU revenue; investors gain approval to proceed as a group. Nvidia faces a certified class action lawsuit over claims it failed to disclose more than $1 billion in crypto-related GPU revenue during a key period of rising demand, after a US federal judge ruled that investors may proceed together as a group as the case moves forward toward trial. Court Allows Investor Class To Move Forward A US District Judge approved class certification on March 25. Judge Haywood S. Gilliam Jr. issued the order in California. He said investors can pursue…
The New York Stock Exchange (NYSE) is focused on integrating blockchain technology into existing market infrastructure rather than replacing it, according to chief product officer Jon Herrick.The exchange is “striving for interoperability” and “building on top of what exists,” as it explores how tokenized assets could function within current systems, Herrick said.That approach reflects a broader stance on market evolution. “You have to be mindful of the inherent good things of the market that has developed up to now … it’s this balance of both things,” he said on stage at the Digital Asset Summit in New York on Thursday,…
A healthcare firm has agreed to shell out millions of dollars to settle a class action lawsuit over a data breach that exposed patients’ sensitive information. According to the settlement administrator’s portal, Essen Medical Associates has agreed to pay $4 million to settle the lawsuit that was filed after hackers gained access to the New York-based healthcare provider’s network. The data breach impacted 907,782 current or former patients. “[Essen’s] investigation found that an unauthorized actor accessed certain Essen systems between March 14th, 2023, and March 22nd, 2023, and may have accessed or copied certain information maintained within the Essen environment……
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP’s price is bullish once again, holding strong above the $1.40 level following a recovery across the broader cryptocurrency market. This bullish performance of the price is turning up on several key metrics, such as Realized Volatility, which has recently fallen to one of its lowest levels yet. Volatility In XRP Plunges To Its Lowest Point After a brief rebound on Wednesday, market conditions around XRP seem to have entered an unusually calm phase as the price displays signs of stability. The Realized Volatility on Binance has…