Month: May 2025

Bitcoin Ready For Price Discovery After $109,000 Breakout

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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 artรญculo tambiรฉn estรก disponible en espaรฑol. Bitcoin (BTC) has hit a new all-time high (ATH) after a 4% daily breakout above the $109,000 mark. As the flagship crypto nears the next barrier, some analysts suggest…

Crypto.com Secures MiFID License to Expand Services Across Europe

Crypto.com has secured a MiFID license via its acquisition of Allnew Investments Ltd., paving the way for broader financial services offerings, including securities and derivatives across Europe. Crypto.com Moves Deeper Into Regulated Financial Services With MiFID License Crypto.com has officially entered the European traditional finance arena after securing a MiFID (Markets in Financial Instruments Directive) [โ€ฆ] Source CryptoX Portal

Coinbase hacker trolls ZachXBT onchain after $42.5M THORChain swap

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The hacker behind the data breach targeting Coinbase users mocked blockchain investigator ZachXBT with an onchain message following a major crypto swap. On May 21, the hacker used Ethereum transaction input data to write โ€œL bozo,โ€ followed by a meme video of NBA player James Worthy smoking a cigar. The message came after the attacker swapped about $42.5 million from Bitcoin (BTC) to Ether (ETH) via THORChain. ZachXBT flagged the message on his Telegram channel, linking it to the same entity responsible for the Coinbase data breach affecting at least…

Binanceโ€™s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K

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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 artรญculo tambiรฉn estรก disponible en espaรฑol. Bitcoin continues to show upward momentum as it has now finally reclaimed a critical price mark. As of the latest data, BTC briefly traded above $109,000; however, it has…

Bitcoin reaches new all-time high above $111K

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During early Asian trading hours on Thursday, May 22, Bitcoin surged more than 4% from its peak of $109,800 on Wednesday to reach a new all-time high of $111,544.ย  The milestone follows a brief dip to $106,000 and shows growing investor appetite for alternative assets amid rising macroeconomic uncertainty. The immediate catalyst appears to be the weak demand in the U.S. Treasuryโ€™s $16 billion 20-year bond auction on May 21.ย  Investors pushed for lower prices, which in turn drove bond yields above 5.1%. In bond markets, yields and prices move…

Microsoft takes legal action against infostealer Lumma

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Tech giant Microsoft says it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites related to the software. Microsoft said in a May 21 blog post that a federal court in Georgia allowed the firmโ€™s digital crimes unit to take down, block or suspend nearly 2,300 websites critical to Lummaโ€™s operations, and it has collaborated with local and international law enforcement agencies to dismantle the projectโ€™s infrastructure. The company said the US Department of Justice seized Lummaโ€™s central command structure and disrupted marketplaces…

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Feds charge Amalgam founder with stealing $1M via โ€˜shamโ€™ blockchain

A US grand jury has indicted the founder of blockchain startup Amalgam Capital Ventures over allegations he defrauded investors out of over $1 million with a fake blockchain. Jeremy Jordan-Jones was arrested and indicted on May 21 and charged with wire fraud, securities fraud, making false statements to a bank, and aggravated identity theft, the Department of Justice said on May 21.ย ย  Manhattan US Attorney Jay Clayton claimed Jordan-Jones โ€œtouted his company as a groundbreaking blockchain startup,โ€ but alleged that, in reality, the โ€œcompany was a sham, and investorsโ€™ funds…