The Primary Causes of Asset Loss A new study by Oobit has revealed a sobering reality for the digital asset space: More than one-third of cryptocurrency holders, or 35%, have lost access to a wallet or account at some point. The data suggests the greatest threat to crypto wealth is not sophisticated hacking, but simple human error. Forgotten passwords or login failures were cited by 33% of 1,000 U.S.-based crypto holders who participated in the study, followed by 21% who lost their seed phrases and 20% who lost two-factor authentication…
Tag: News
July 1 Is Not the Deadline. For Most Service Providers, It Already Passed – Legal Bitcoin News
MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. That belief contains a flaw. And the flaw, depending on the jurisdiction, may already be irreversible. Myth 1: The Deadline Most Service Providers Got Wrong July 1, 2026, is the date by which a crypto-asset service provider must hold a granted authorization, or cease operations entirely.…
Why Post-Quantum Upgrades Can’t Save Your Past Privacy – Featured Bitcoin News
Reframing the 10-Year Migration Window The recently released Google whitepaper on the quantum threat has ignited intense debate over the technical justifications that led authors to aggressively pull forward the migration deadline to 2029. While a few critics have dismissed the findings as alarmist, a broad consensus of industry experts suggests that a warning of this magnitude from a primary driver of quantum research should serve as a definitive wake-up call for developers to begin immediate post-quantum preparations. Guy Zyskind, computer scientist and founder of Fhenix—a project integrating fully homomorphic…
What Is Hermes Agent? Nous Research’s Self-Improving AI Explained – Featured Bitcoin News
Nous Research Hermes Agent: Open-Source AI With Built-In Self-Improvement Loop The MIT-licensed framework launched in February 2026 and collected 22,000 GitHub stars and 242 contributors within weeks. That pace reflects a specific appetite in the open-source AI community. People want agents that remember, adapt, and get better without requiring constant manual instruction. Hermes Agent is built around what Nous Research calls a closed learning loop. When the agent solves a task, it writes a reusable Markdown skill file, stores the outcome in persistent memory, and adjusts its approach for next…
SEC Warns Fake Officials Exploit Trust With Fraud Tactics Targeting Investors – Featured Bitcoin News
SEC Warns Investors About Impersonation Scams, Fraud Tactics The U.S. Securities and Exchange Commission (SEC) shared on social media platform X on April 2 an investor alert warning about impersonation scams. The agency cautioned that fraudsters are posing as SEC officials through social media posts and text messages targeting investors. The regulator said: “Investor Alert: Beware of fraudsters who may impersonate the SEC – or SEC officials or employees – on social media or in text messages to solicit you for scams.” The agency outlined specific tactics used in these…
Coinbase Clarifies ‘We Are Not Becoming a Bank’ After Receiving Conditional OCC Nod That Hints at Bigger Moves – Exchanges Bitcoin News
Coinbase OCC Trust Charter Signals Federal Crypto Oversight Shift Crypto exchange Coinbase (Nasdaq: COIN) said it is not becoming a bank after announcing on April 2 that it received conditional approval from the Office of the Comptroller of the Currency (OCC), clarifying its regulatory direction. The move signals a shift toward federal oversight of crypto infrastructure while preserving a non-bank model focused on custody and institutional services. Brian Armstrong, CEO of Coinbase, shared on social media platform X that the approval does not signal a transition into banking activities. He…
Ripple Highlights RLUSD Impact as Real-World Value Flows Into Small Businesses – Featured Bitcoin News
Ripple RLUSD Funding Drives Small Business Growth Across the United States Blockchain payments company Ripple shared on social media platform X on April 2 an update about its $15 million RLUSD contribution. The post highlighted lending activity, job creation, and expanded financial access for small business owners across the United States, alongside engagement metrics showing 51.6K views. “Last September, Ripple donated $15M RLUSD issued on XRPL to Accion Opportunity Fund,” the crypto firm stated, adding: “Here’s what’s unlocked for small business owners across the U.S.: $53.6M in capital deployed, 905…
Charles Schwab Announces Crypto Accounts Are ‘Coming Soon’ – Crypto News Bitcoin News
Key Takeaways: Charles Schwab is launching direct Bitcoin and Ether trading for its 46 million clients. With $12 trillion managed, Schwab’s entry proves direct crypto demand rivals ETFs. CEO Rick Wurster indicated that demand for direct crypto holdings is present among customers. Charles Schwab To Allow Direct Cryptocurrency Trading With Crypto Accounts While the cryptocurrency markets are not enjoying their most booming phase, institutions are still interested in adding crypto to their investment offerings. Charles Schwab, a brokerage institution managing over $12 trillion for more than 46 million customers, has…
Trump Appoints Todd Blanche as Department of Justice Interim Head – Crypto News Bitcoin News
New DOJ Interim Chief Linked to Crypto Enforcement Shift President Donald Trump has appointed Todd Blanche as the interim U.S. Attorney General, replacing Pam Bondi in a move that could shape the future of crypto enforcement in the United States. Blanche, who previously served as Trump’s defense lawyer in a New York criminal case, had been acting as deputy attorney general before his appointment. His tenure has already had a clear impact on the Department of Justice’s approach to digital assets. Earlier this year, Blanche ordered the shutdown of the…
Iran’s Internet Blackout Hits 35th Day as Citizens Risk Their Lives Reaching Out – Technology Bitcoin News
Iran’s Internet Blockade Passes 815 Hours While drones and missiles are the main characters in the conflict between the Iranian regime and the U.S.-Israel coalition, there’s a digital war waging in the shadows since the hostilities started, involving Iranian citizens trying to maintain their connection to the world. According to Netblocks, an internet observatory, the digital blockade affecting the Iranian population has reached its 35th day, cutting the country’s network connectivity to only 1%. The organization stated: “The internet blackout in Iran is now on its 35th consecutive day as…