Day: August 28, 2025

Fenwick Denies Lawsuit Claiming It Helped FTX Fraud

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Law firm Fenwick & West denied allegations from an updated class-action lawsuit claiming it was central to crypto exchange FTX’s fraud and eventual collapse. Earlier this month, FTX users asked to update their suit against Fenwick, first filed in 2023, claiming new information from a bankruptcy and criminal case shared evidence that the law firm “played a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished.” Fenwick told a Florida federal judge in a filing on Monday that the court should…

Ethereum Price Faces Selling Pressure, Bulls Eye $4,600 Comeback

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Ethereum price started a fresh decline from the $4,630 zone. ETH is now showing bearish signs and might decline further below $4,460. Ethereum is struggling to settle above the $4,630 zone. The price is trading below $4,580 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,460 in the near term. Ethereum Price Faces Hurdles Ethereum price started a…

Criminals Are Vibe Hacking With AI To Carry Out Ransoms At Scale: Anthropic

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Despite “sophisticated” guardrails, AI infrastructure firm Anthropic says cybercriminals are still finding ways to misuse its AI chatbot Claude to carry out large-scale cyberattacks.  In a “Threat Intelligence” report released Wednesday, members of Anthropic’s Threat Intelligence team, including Alex Moix, Ken Lebedev and Jacob Klein shared several cases where criminals had misused the Claude chatbot, with some attacks demanding over $500,000 in ransom. They found that the chatbot was used not only to provide technical advice to the criminals, but also to directly execute hacks on their behalf through “vibe…

Bitcoin Price Struggles to Rebound – Signs of a Bigger Crash Ahead?

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Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $110,500 zone. Bitcoin started a recovery wave from the $108,750 zone. The price is trading below $112,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $113,000 resistance zone. Bitcoin Price Attempts Fresh Increase Bitcoin price…

Watch this if you Trade CRYPTO !!! 😱🤯

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is India ready for crypto? 🤔 In this video, I share my personal experience with crypto trading in India and why it’s still a challenge. From frozen bank accounts due to P2P transactions to the seamless crypto adoption in places like Dubai, I discuss how the world is moving ahead while India lags behind. 🌍 Learn how my friend used a crypto card to make purchases in USDT and why Dubai is becoming the hub for crypto enthusiasts. 📌 If you’re into…

Could September’s Rate Cut Spark a Run Toward $3?

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Cardano (ADA) continues to hold firm at the $0.85 support level, despite recent volatility and mixed technical signals. Related Reading The altcoin has been consolidating within a tight range, with traders closely watching the $0.95 resistance zone. A breakout above this level could pave the way for ADA to retest $1, while failure to maintain support risks a deeper pullback toward $0.80. Over the past week, ADA’s price has hovered between $0.82 and $0.87, reflecting cautious market sentiment. ADA’s price trends to the upside on the daily chart. Source: ADAUSD…

Ethereum’s Massive Rally, Government’s Bitcoin Backing Build New Crypto Foundation

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Ethereum-led rally in the crypto space expanded breadth and increased confidence in stablecoin, says @CoinDesk’s Andy Baehr. He also mentions the latest regulation headlines from the Trump administration offering cryptocurrencies more room to run. David Siemer says the latest crypto rally “exceeded expectations” on anticipation of a “sideways summer.” He says if markets “keep doing what we’re doing,” the crypto industry will naturally find its next leg higher. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe…

Ethereum Still A Bargain? StanChart Exec Says ETH Is Affordable And Ready To Rally

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Standard Chartered’s digital assets research chief says Ethereum still has room to rise, even after recent swings in price. According to Geoffrey Kendrick, growing institutional demand and shrinking exchange liquidity are tightening supply and could push Ether higher toward his year-end target of $7,500. Related Reading Institutional Demand Up Reports have disclosed that corporate digital asset treasury firms have bought about 2.5% of circulating ETH since June. Spot ETH exchange-traded funds added close to 5% over the same period. Based on those figures, roughly 7.5% of supply has been drawn…

I’m Only Mining $370 PER DAY in Bitcoin…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I’m Only Mining $370 PER DAY in Bitcoin… which sounds like a lot of money and easy passive income, but I have to pay a big electricity bill, is Bitcoin mining still worth it, and is Bitcoin mining actually still profitable? Let’s review my BTC miners… BEST Bitcoin miner for at home! Buy the best mini BTC miner here – Mining Disrupt 20% off w/ code VOSKCOIN – Order a full-size Bitcoin miner here! Subscribe to VoskCoin – Best PDU for Bitcoin…