Australian Federal Police (AFP) Commissioner Krissy Barrett announced that an agency data scientist successfully cracked two password-protected crypto wallets, recovering millions in digital assets linked to organized crime. The Challenge of the Criminal’s Wallet Australian Federal Police (AFP) Commissioner Krissy Barrett revealed on Oct. 29 that one of the agency’s data scientists has successfully cracked […] Source CryptoX Portal
Tag: Million
Coinbase Adds $299 Million in Bitcoin as Q3 Earnings Beat Estimates
Coinbase delivered stronger-than-expected Q3 results, driven by a rebound in crypto trading activity and institutional participation. The company also expanded its bitcoin holdings by $299 million, reinforcing its long-term conviction in digital assets. Surging Q3 Profits See Coinbase Boosts Bitcoin Holdings Coinbase Global (NASDAQ: COIN) reported third-quarter results that surpassed Wall Street expectations, fueled by […] Original
Dormant Whales Stir Amid Bitcoin’s Cool Down — $28 Million in Vintage BTC Just Shifted
In the past 24 hours, bitcoin has slipped 1.8% against the U.S. dollar, and the bears have been calling the shots for the last two weeks, dragging the top crypto down by 13%. During the slump, a long-silent stash of 262.43 BTC—valued at just over $28 million—stirred from its digital slumber. $28 Million in Bitcoin […] Original
Tether CEO Claims USDT Reached 500 Million Users Worldwide
According to Tether executive Paolo Ardoino, the stablecoin USDT has reached 500 million users worldwide. The figure was posted on his social feed. Based on reports, that user base would represent about 6.25% of the global population. At the same time, USDT’s circulating supply is reported to be roughly $182 billion. Tether Reports 500 Million Users The announcement came in a short social post from Ardoino celebrating the milestone. It’s the “biggest financial inclusion achievement” in history, he said. The company frames this as a major step for financial access,…
Bitcoin ETFs Rebound With $477 Million Inflow as Ether Joins Rally
After a sluggish start to the week, crypto ETFs roared back to life. Bitcoin ETFs led the charge with a $477 million inflow, while ether ETFs followed suit with $142 million, signaling returning investor confidence. Crypto ETFs Surge as Bitcoin and Ether Record Strong Inflows A sharp rebound in investor appetite sent crypto exchange-traded funds […] Original
Tether’s USDT Stablecoin Reaches 500 Million Users
US dollar-pegged stablecoin Tether hit its 500 millionth user on Tuesday, according to its CEO Paolo Ardoino, offering a means to transact and save for those who have been excluded by the traditional banking system. “Likely the biggest financial inclusion achievement in history,” Ardoino wrote in a post on X. Source: Paolo Ardoino Tether said the figure represents 500 million “real people,” not simply Tether (USDT) wallets, suggesting its stablecoin has now been used by around 6.25% of the world’s population. The World Bank Group estimates there are 1.4 billion…
Bitcoin and Ether ETFs Begin the Week With Combined $186 Million Outflow
Crypto ETFs started the week on a weak note, with bitcoin funds seeing a modest $40 million outflow, while ether ETFs suffered heavier redemptions of $146 million. Ether Sees $146 Million Outflow While Bitcoin ETFs Record $40 Million Exit What started as a day of promising inflows for bitcoin exchange-traded funds (ETFs) on Monday, Oct. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Coinbase Buys Blockchain Fundraising Platform Echo for $375 Million
Echo, a blockchain fundraising platform, has agreed to be acquired by Coinbase for roughly $375 million in cash and stock. Coinbase Boosts Onchain Fundraising With Echo Deal Coinbase Global (Nasdaq: COIN) has reached a deal to acquire Echo, a platform that enables crypto projects to raise capital directly onchain, for about $375 million, according to […] Source CryptoX Portal
US Crypto User Loses $3 Million to Hacker
Key Notes ZachXBT shared that a US crypto user has fallen victim to a scam that left his wallet with a $3 million hole. The hacker has transferred the funds through bridges and laundered them on OTC venues adjacent to Huione. Crypto scams are growing, with the US government and authorities devising crackdown models. Another crypto hacker is on a rampage and has now stolen $3 million in digital assets from a citizen of the United States. According to onchain investigator ZachXBT, the bad actor has swapped the siphoned funds…
Bitcoin Capitulation Intensifies As STHs Lose $750 Million Daily — Time To Buy The Dip?
The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s value continues to drift away (about 15% down now) from its all-time high. As the flagship cryptocurrency slows down, the latest on-chain data suggests that a group of investors is exiting the market en masse. More Short-Term Holders Are Giving Up Their Holdings In an October 18 post on the X platform, on-chain analyst Darkfost revealed that a significant number of Bitcoin’s short-term investors have started to close their positions…