Day: April 3, 2026

South Korean ‘drug lord’ extradited as authorities target Bitcoin trail

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South Korea extradites alleged drug boss Park Wang‑yeol and prepares a blockchain forensics push to trace at least 6.8b won in Bitcoin‑linked drug proceeds. Summary South Korea has extradited alleged drug kingpin Park Wang-yeol from the Philippines and placed him under a joint drug crime task force. Investigators will scrutinize Bitcoin wallet activity to trace at least 6.8 billion won (about $5 million) in confirmed proceeds and search for far larger hidden assets. The case showcases how Korean law enforcement now leans on blockchain forensics to unwind complex, cross-border narcotics…

Analyst Predicts That Ethereum Price Is Headed For $10,000 Minimum

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A crypto analyst has made a bold projection, suggesting the Ethereum price could reach a staggering $10,000. According to him, this is the minimum level that ETH could read, underscoring his confidence in the cryptocurrency’s bullish outlook. The analyst has cited strong fundamental and technical indicators that support his optimistic prediction. Current sentiment surrounding Ethereum is unclear, with its Fear and Greed Index in the neutral range, even while volatility remains in the fear zone. This mixed market reaction comes as the cryptocurrency has been facing bearish headwinds, even as…

Why MARA Just Laid Off 15% of Its Staff – Mining Bitcoin News

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Internal Restructuring Bitcoin mining giant MARA, formerly Marathon Digital Holdings, has laid off roughly 15% of its workforce as part of a sweeping strategic shift away from pure-play crypto mining and toward energy and digital infrastructure services. According to a report by Blockspace, the layoffs affected full-time staff across multiple departments and may have included contractors. Anonymous sources cited in the report described the cuts as “going deep,” with some entire teams reportedly eliminated. The reductions occurred in rounds over two consecutive days. In a memo to employees, CEO Fred…

Corporate Bitcoin Split: Strategy Holds, Nakamoto Sells

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Corporate Bitcoin (BTC) holders are diverging into two distinct paths amid continued market pressure. While Strategy held steady on its massive BTC reserves, Nakamoto Holdings moved in the opposite direction, selling at a loss and trimming exposure as it reworks its balance sheet. The contrast highlights a growing divide in the corporate Bitcoin treasury model. Some holders have refused to sell, treating BTC as a long-term reserve asset and doubling down through volatility, while others are being forced to unlock liquidity, book losses or rethink capital allocation.  With Bitcoin down…

Execution Risk In Crypto Is The New Custody Risk

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Opinion by: Ido Sofer, founder and CEO at Sodot. The crypto industry is normally well ahead of its game when it comes to pure innovation and functionality, but security is a different matter.  For years, custody risk in crypto was defined by a single fear: the theft of private keys. The industry responded by hardening storage with cold storage, air-gapped systems, MPC and other methods. It then recognized that protecting only the keys is not enough, introducing transaction security and policies to prevent malicious transactions that steal funds, although the…

X’s New Rules Could Get You Banned

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Years of crypto scams running havoc on the social network X, formerly known as Twitter, have resulted in the implementation of a “kill switch” for users talking about crypto. An Auto-Lock For Crypto Posting? The announcement of the toughest anti-crypto scam measure to date was made by Nikita Bier, X’s Head of Product, through a post on the same social media on Wednesday. Yeah we’re aware. We are in the process of implementing auto-locking + verification if a user posts about cryptocurrency for the first time in the history of…

Price Predictions for BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, LINK

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Key points: Buyers are attempting to maintain BTC above the $66,500 level, but several analysts believe that the $60,000 level may crack. Some major altcoins risk breaking below their immediate support levels, signaling that bears remain in control. Buyers are attempting to push and maintain Bitcoin (BTC) above the $66,500 level, but are facing stiff resistance from the bears. Although recovery attempts are being sold into, the BTC supply in profit and loss metric suggests that BTC may be close to a bottom. CryptoQuant analyst “Darkfost” said that there are…

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What Happened, Who Lost Money, and What’s Next – Featured Bitcoin News

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DPRK Lazarus Group Suspected in Drift Protocol $286 Million Solana Theft Drift Protocol, the largest decentralized perpetual futures exchange on the Solana network, confirmed the exploit after watching its total value locked (TVL) collapse from roughly $550 million to under $250 million in a single morning, now standing at $232 million. Bitcoin.com News was the first to report on the issue. The DRIFT token dropped as much as 45% in the hours that followed, bottoming near $0.04 to $0.05. Reports note that the attack began not with a code bug…

Stablecoin Supply Rises To $315B As Institutional Flows Lift USDC

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…