Tag: Crypto

Crypto ATM Giant Discloses $3.7 Million Bitcoin Theft Following Cyberattack – Crypto News Bitcoin News

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Key Takeaways: Bitcoin Depot lost 50.903 BTC, worth $3.665 million, after a March 23 cyberattack on corporate systems. Management deemed the event material on April 6 due to potential regulatory and reputational costs. Bitcoin Depot is now working with external experts to harden IT security and seek insurance recovery. Details of the Security Breach Bitcoin Depot, one of the world’s largest bitcoin ATM operators, revealed Wednesday, April 8, that it was the victim of a targeted cyberattack in late March that resulted in the unauthorized transfer of more than 50…

Can’t Move Your Crypto?— Traders Trapped In South Korean Exchanges

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The South Korea’s Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), together with the Digital Asset Exchange Association (DAXA) are rolling out unified rules for withdrawal across all registered crypto exchanges. A Unified Crypto Withdrawal System From now on, all local crypto exchanges are being forced to have one tough, standardized withdrawal‑delay regime by South Korean financial regulators. According to the Korean outlet News1, the intention behind the new withdrawal delay system for crypto exchanges is to prevent damage from voice phishing scams that depend on speed. The…

Ethereum Foundation Converts 5,000 ETH to Fund Operations – Crypto News Bitcoin News

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Key Takeaways: Ethereum Foundation sold 5,000 ETH, worth approximately $11 million via Cowswap TWAP, reducing market impact on prices. EF has staked 47,050 ETH toward 70,000 goal, shifting funding from sales to yield strategies. Vitalik Buterin and EF continue to diversify in 2026, signaling more stablecoin use for future funding. EF Turns to Stablecoins for Funding Strategy The Ethereum Foundation (EF) has initiated a fresh round of ether sales, converting 5,000 ETH, valued at roughly $11 million, into stablecoins to support its operations and grant programs. The transactions are being…

FARTCOIN Price Pumped 27% Then Crashed in Hyperliquid Manipulation Attempt – Crypto News Bitcoin News

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Key Takeaways: A trader using 4 wallets built a 145.24M FARTCOIN long on Hyperliquid, losing $3.02M on April 9, 2026. Hyperliquid’s HLP vault absorbed roughly $1.5M in realized losses as ADL mechanics were triggered by thin liquidity. Peckshield analysts suspect the same actor behind prior $XPL manipulation may strike similar low- liquidity perp markets next. FARTCOIN Perp Exploit on Hyperliquid Drains $1.5M From Liquidity Vault in Hours The position, flagged by onchain analysts like Lookonchain, and worth approximately $15 million notional at the time of entry, drove a temporary price…

Bitcoin Developer Unveils Quantum-Resistant Wallet Rescue Prototype – Crypto News Bitcoin News

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Key Takeaways: Lightning Labs CTO Olaoluwa Osuntokun built a prototype to secure bitcoin wallets from quantum risk. Tests show <1 min proof time and 1.7MB size, offering scalable recovery for Bitcoin users. BIP-360 gains urgency as quantum threat debate grows, with adoption possible in next few years. New Tool Aims to Save Bitcoin Wallets From Quantum Threat A senior bitcoin developer has introduced a prototype designed to solve a long-standing problem: how to protect users if the network ever faces a quantum computing threat. Olaoluwa Osuntokun, Chief Technology Officer at…

Bhutan State Bitcoin Wallet Drops to 3,954 BTC After Latest Sale – Crypto News Bitcoin News

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Key Takeaways: Druk Holding & Investments moved 319.7 BTC worth roughly $23 million on April 9, 2026. Bhutan’s bitcoin reserves have dropped by 9,046 BTC since the reserve’s 13,000 BTC peak. Onchain data shows no new mining inflows in over a year, signaling continued treasury drawdown by DHI. Druk Holding & Investments Moves $23M in Bitcoin in Latest Treasury Action Onchain analytics firm Arkham Intelligence tracked the outflow from a Druk Holding-linked wallet to two destination addresses. One address has a documented history of routing funds through trading partners, including…

Crypto Card Spending Hits $600M Monthly as USDC Gains on USDT

Crypto-linked card spending reached $600 million in monthly volume in March 2026, more than tripling from $187 million recorded a year prior – a 211% annual increase that signals structural rather than cyclical adoption across point-of-sale payment infrastructure. Cumulative card volume across the period has now reached $6.5 billion across 21.4 million transactions, with Visa processing $581.8 million, or approximately 97%, of March’s total. The figures mark crypto debit and prepaid cards’ emergence as a meaningful real-world payments channel, not merely a retail novelty. The structural significance of the $600…

Bithumb Seeks Court Seizure of Assets to Recover Unreturned Bitcoin From $44B Blunder – Crypto News Bitcoin News

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Key Takeaways: Bithumb mistakenly sent 620,000 BTC on Feb. 6, 2026, creating a massive $44 billion clerical error. The error prompted an FSS inspection of Bithumb to tighten virtual asset protection laws and control rules. Bithumb filed for a provisional seizure of assets to recover 7 BTC currently worth over $472,500 in 2026. Costly Clerical Error South Korean cryptocurrency exchange Bithumb has reportedly initiated legal proceedings to recover remaining funds mistakenly sent to participants in a promotional event. According to a local report, the exchange is seeking a provisional seizure…

GOOD NEWS SOON ! HISTORY से कुछ सीख लो BITCOIN CRYPTO मे ! पैसे बनाने पर नही SURVIVE पर FOCUS करो !

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, We will share latest update on global situation and what are the latest development and its impact on markets. We will also share why bitcoin and crypto market holding strong and showing some recovery and what is the future potential for recovery in bitcoin and crypto market ? We will also share some more interesting data and chart patterns showing bottom. Now as gold and silver crashed, will bitcoin and crypto be able to recover or not as charts…

Crypto RWA Perpetuals Challenge TradFi Market Share – Crypto News Bitcoin News

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Key Takeaways: Binance Research saw RWA perps jump from 0.2% to 4.9% in 90 days, challenging futures markets. Gold hit 3.6% of COMEX and silver 13.6% by April, signaling rising crypto price discovery. Circle (CRCL) perps reached 12.1% of NYSE volume, pointing to broader asset expansion next. Crypto Derivatives Surge as RWA Perps Expand Market Share Crypto-native perpetual markets linked to real-world assets are expanding at a pace that is beginning to challenge traditional finance benchmarks. According to Binance Research, the data from the past 90 days shows a sharp…