Fake Ledger Device Sold Chinese Marketplace: Research

A Brazilian security researcher has warned others of the latest counterfeit Ledger device scam aimed at stealing users’ crypto. Posting as “Past_Computer2901” on the “ledgerwallet” Reddit channel on Thursday, the security researcher said they purchased what they thought was a legitimate Ledger device for personal use, but soon realized after it arrived that it was a sophisticated counterfeit aimed at stealing user funds.  “This isn’t meant to cause panic, but rather to serve as a serious warning — I’m honestly still a bit shaken by the sheer scale of this…

NYSE Welcomes Morgan Stanley’s MSBT Launch as First Spot Bitcoin ETF Issued by a Major US Bank – Featured Bitcoin News

Key Takeaways: NYSE welcomed Morgan Stanley as MSBT launched with strong institutional visibility. MSBT marks the first spot bitcoin ETF issued by a major U.S. bank. The milestone could signal that Morgan Stanley may drive broader bank adoption of bitcoin ETFs. Bank-Backed Bitcoin ETFs Expand Market Competition The rise of bank-backed bitcoin exchange-traded funds (ETFs) is tightening the link between traditional finance and digital assets. On April 16, the New York Stock Exchange (NYSE) said on social media platform X that Morgan Stanley Investment Management marked the debut of MSBT,…

DeFi Hacks Surge After $280M Drift Protocol Exploit

At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1. Attacks aimed at crypto protocols or companies since the start of April include CoW Swap, Hyperbridge, Bybit, Dango, Silo Finance, BSC TMM, Aethir, MONA, Zerion and, most recently, Rhea Finance and the Grinex exchange.  The Drift Protocol was hit with one of the largest exploits this year on April 1, losing around $280 million in a long-running social engineering attack suspected to involve North…

Dogecoin (DOGE) Reattempts Breakout, Bulls Eye Strong Rally Move

Dogecoin started a decent increase above $0.0950 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.10. DOGE price started a fresh increase above $0.0950 and $0.0975. The price is trading above the $0.0965 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.0970 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0950. Dogecoin Price Aims Higher Dogecoin…

Crypto Miner HIVE Targets $75 Million Offering to Fund AI Expansion – Crypto News Bitcoin News

HIVE Raises Capital for AI and Data Centers HIVE Digital Technologies is preparing to raise $75 million through a private offering of exchangeable senior notes, as the crypto miner accelerates its push into data centers and artificial intelligence infrastructure. The company said it intends to issue $75 million in zero-interest notes due 2031, with an option for investors to purchase an additional $15 million. The securities will be offered to institutional buyers and can be exchanged into cash, shares, or a combination of both. The proceeds will go toward capital…

XRP Price Surges Above Key Level, Bulls Take Full Control

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Why AI Is Necessary to Scale Decentralized Finance – Interview Bitcoin News

Key Takeaways: AI agents like Coinfello automate DeFi tasks once reserved for hedge funds to manage 24/7 market risks. Jacob C. warns that the “translation layer” must solve oracle and agency risks for DeFi to scale safely. By 2030, Jacob C. predicts dapps will decline as AI agents become the primary way to use smart contracts. The Shift to Autonomous Finance The shift from manual interaction to artificial intelligence (AI) agents in decentralized finance (DeFi) represents the autopilot era of crypto. In the past, DeFi required users to be glued…

Zanzibar Police Questioning Joe McCann After Fiancée’s Death

Zanzibar police are reportedly holding Asymmetric founder Joe McCann for questioning after the death of his fiancée, Ashly Robinson. Police in Zanzibar are reportedly holding Joe McCann, a crypto trader and the founder of the crypto fund Asymmetric, for questioning after his fiancée died while the pair were on vacation. McCann’s fiancée, Ashly Robinson, 31, died in hospital on April 9 after she was found a day earlier by staff at a hotel where the couple was staying, NBC News reported Thursday, citing a statement from Tanzanian police. Police ruled…

Sanctioned Crypto Exchange Grinex Pauses Operations After $14 Million Hack

Sanctioned crypto exchange Grinex said it has suspended trading after losing more than 1 billion Russian rubles ($13.7 million) to an attack bearing signs of involvement by foreign intelligence agencies. The exchange, which is registered in Kyrgyzstan but has been linked to Russia’s crypto ecosystem and alleged sanctions evasion, said on Thursday that the funds were taken from 54 addresses and that the digital footprint and nature of the attack indicate an “unprecedented level of resources and technology available only to entities of hostile states.” “Due to the attack, the…

Ethereum Price Capped at $2,400, Momentum Fails to Push Higher

Ethereum price started a downside correction after it failed near $2,400. ETH is now consolidating and might aim for more gains if it clears $2,360. Ethereum started a downside correction below the $2,350 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,295 zone. Ethereum Price Aims Key Upside Break Ethereum price managed…