Author: boss

Fake Police Raid Scam Forces Victim to Send $1M in Bitcoin

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Key takeaways Crypto security is expanding beyond digital threats, with criminals increasingly targeting individuals directly through physical coercion rather than trying to exploit blockchain vulnerabilities or hack wallets. The French case illustrates how attackers used a fake police raid and violence to force a Bitcoin transfer worth $1 million, bypassing encryption entirely by compelling the victim to authorize the transaction. Wrench attacks are rising, with criminals using threats or force instead of technical exploits. This highlights how human vulnerability can override even the most secure cryptographic systems. Impersonating authority figures…

Why the Wealthy Are Doubling Down on Bitcoin-Backed Debt

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Key Takeaways: Xapo members increased active bitcoin-backed loans by 8.9% in Q1 2026 to avoid selling during volatility. Institutional use of bitcoin as collateral grew as 53.9% of loans shifted to long-term 365-day structures. Gen X and Millennials now control 76% of Xapo AUM, signaling bitcoin’s future as a foundational wealth asset. The Institutionalization of Bitcoin-Backed Borrowing As bitcoin markets weathered a turbulent start to 2026, a new trend has solidified among the world’s wealthiest holders: They aren’t selling for cash; they are borrowing against the cryptocurrency instead. Data from…

Arbitrum Freezes 30K ETH Tied to Kelp Hack

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Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit of the Kelp protocol. Arbitrum said on Monday that its security council, a 12-member body elected by the Arbitrum community, took “emergency action” to freeze 30,766 Ether (ETH) that was held in a wallet connected to the Kelp exploit. It added that the ETH had been moved to “an intermediary frozen wallet” and was “no longer accessible to the address that originally held the funds, and…

Bitcoin Rally May Be A Trap As Whales Sell Into Strength

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Bitcoin’s rebound from the February 6 low at $60,000 is showing early signs of structural improvement, but the move still looks more like a bear market rally than a confirmed breakout, according to CryptoQuant analyst Maartun. In an April 20 video, the analyst argued that while long-term holders are accumulating and strategic capital is entering the market, persistent selling from short-term holders and whales is still capping upside. Maartun framed the current setup as a question of market character rather than raw price performance. Bitcoin is trading around $75,000, roughly…

$1.4 Billion Pours Into Crypto — What’s Driving The Surge?

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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…

Coin Center Says Crypto Developers’ Code Protected Under First Amendment

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Crypto lobby Coin Center has expanded on its argument that software code is free speech and should be protected under the First Amendment of the US Constitution, amid continued uncertainty over whether crypto developers could be liable for how their inventions are used. In a report published Monday, Coin Center Executive Director Peter Van Valkenburgh and Director of Research Lizandro Pieper said writing and publishing crypto software code is the same as writing a book or publishing a recipe. The pair argued that the First Amendment, which protects individuals’ freedom…

Bitcoin Recovery Still Looks Like A Bear Market Rally, Analyst Says

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Amazon Invests $5 Billion More in Anthropic, Secures 10-Year AWS Deal Worth $100 Billion – Bitcoin News

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Key Takeaways: Amazon invested $5 billion in Anthropic on April 20, 2026, pushing total committed capital to $13 billion since 2023. Anthropic pledged $100 billion over 10 years to AWS, securing 5 GW of compute for Claude model training. Claude’s run-rate revenue hit $30 billion in 2026, tripling from $9 billion at year-end 2025, driving the infrastructure push. Amazon Deepens Anthropic Bet The deal, announced jointly on April 20, builds on the $8 billion Amazon has already committed to Anthropic since 2023, bringing total invested capital to $13 billion. Amazon…

Aave Pitches Two Solutions to Resolve Kelp DAO Hack Dilemma

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Decentralized lending platform Aave’s risk management provider has outlined two scenarios on how bad debt from the Kelp DAO exploit over the weekend could impact the ecosystem, depending on how the losses are allocated. The incident began on Saturday when hackers stole 116,500 Kelp DAO Restaked ETH (rsETH) tokens worth $293 million from Kelp DAO’s LayerZero-powered bridge and used them as collateral on Aave V3 to borrow wrapped Ether (wETH). On Monday, LlamaRisk modeled two possible scenarios for how this “bad debt” could materialize on Aave, noting that the final…

Ethereum Price Rebound At Risk, Failure Signals Could Emerge Soon

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Ethereum price started a recovery wave from the $2,250 zone. ETH is now consolidating and might fail to extend gains above the $2,360 resistance. Ethereum started a recovery wave from the $2,250 zone. The price is trading below $2,340 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,360 zone. Ethereum Price Faces Resistance Ethereum price tested the…