Day: May 8, 2025

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

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Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel.  The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could help blockchain analysts trace the group’s illicit financial flows. Ransomware is a type of malware used by malicious actors. It locks its target’s files or computer systems, making them inaccessible. The attackers typically demand a ransom payment, often in digital assets like Bitcoin (BTC), in exchange for a decryption key to unlock the files.…

60K BTC addresses leaked as LockBit ransomware gang gets hacked

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel.  The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could help blockchain analysts trace the group’s illicit financial flows. Ransomware is a type of malware used by malicious actors. It locks its target’s files or computer systems, making them inaccessible. The attackers typically demand a ransom payment, often in digital assets like Bitcoin (BTC), in exchange for a decryption key to unlock the files.…

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

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David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm. The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become a publicly traded company focused on acquiring and holding the cryptocurrency, CNBC reported, citing people familiar with the matter. The Information was first to cover the story. The funding round, which has been quietly in motion since January, includes $200 million in equity…

Bitcoin eyes $100K as Trump teases major trade deal

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Bitcoin climbed to $98,933 on May 8, rising 2.6% in 24 hours, as markets reacted to President Donald Trump’s announcement of a coming trade agreement.  The surge follows a May 8 announcement on Truth Social by U.S. President Donald Trump, who said he would host a press conference in the Oval Office the following day to announce a “major trade deal” with a “big” and “highly respected” country. Trump described the deal as “the first of many,” suggesting more international agreements could follow. Although Trump didn’t mention a specific country,…

Bitcoin’s Realized Cap Hits Record High as Accumulation Continues

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Bitcoin is currently trading just under the $100,000 psychological threshold, maintaining a sideways trajectory in recent weeks. At the time of writing, the asset trades at $97,005, reflecting a modest 2.6% gain over the past seven days and a 3.3% increase in the last 24 hours. While volatility remains subdued, recent on-chain data highlights a steady rise in investor activity that could hint at future price movement. Bitcoin Investor Confidence Reflected in On-Chain Metrics CryptoQuant contributor Carmelo Alemán has outlined an ongoing trend that points to sustained investor interest. In…

US banks can handle customer crypto assets held in custody, regulator confirms

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The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties.  Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations can buy and sell crypto they hold in custody at customers’ direction. The OCC added in a press release that financial institutions can also outsource bank-permissible crypto activities, including custody and execution services, to third parties in compliance with applicable law. “Additionally, these…

G7 summit could discuss North Korea’s crypto hacks: Report

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month. Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats and crypto hacks have become a major concern requiring a coordinated international response, Bloomberg reported on May 7, citing people familiar with the plans. The people said North Korea’s nefarious cyber operations are alarming, as the stolen crypto has become a key funding source for the regime and its programs.  North Korean-affiliated hacking groups…

Bitcoin nears $100K as Trump set to reveal trade deal with UK

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Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK. Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected, country” would be announced on May 8, which The New York Times reported would be the UK, citing three people familiar with the plans. Bitcoin inches toward $100,000 When Trump published his post, Bitcoin (BTC) was trading at around $97,759…

Bitcoin Investors Are Taking Profits Aggressively

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) investors are aggressively taking profits following the latest surge in the digital asset’s price. This uptick in profit-taking mirrors investor…

Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

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The cryptocurrency market is booming during Thursday’s early morning hours, with bitcoin poised to recover price levels not seen since February. The leading cryptocurrency experienced an upswing of nearly 3%, reaching prices of over $99,000 on several exchanges. Similarly, ether also rose to levels not seen since April, surpassing the key $1,900 mark. This market […] Original