Tag: Report

UK Eyes $7B Seized Bitcoin Sale To Boost Budget: Report

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The UK is reportedly eyeing the sale of over 5 billion British pounds ($6.7 billion) worth of seized Bitcoin to help fill a deficit in the country’s budget. The Home Office and the head of the country’s Treasury, Rachel Reeves, are working with law enforcement to sell off its stockpile of seized Bitcoin (BTC) and plans to make a system to store the crypto to handle the sell-off, The Telegraph reported on Saturday. Police handle crypto sales in the UK, but the Treasury is reportedly involved as the crypto market…

Report: UK Moves to Sell Billions in Confiscated Bitcoin Assets

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The UK Home Office is preparing to sell a massive stockpile of bitcoin seized from criminals, potentially netting the Treasury billions to address budget pressures, The Telegraph reported this weekend. United Kingdom’s Home Office Prepares Major Sale of Confiscated Bitcoin The haul of forfeited bitcoin (BTC), estimated to be worth billions, includes approximately 61,245 BTC […] Original

Hackers Continue Attempts to Exploit Forked Signal App: Report

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Hackers are continuing to seek out opportunities to exploit the infamous CVE-2025-48927 vulnerability involved in TeleMessage, according to a new report from threat intelligence company GreyNoise. GreyNoise’s tag, which monitors attempts to take advantage of the vulnerability, has detected 11 IP addresses that have attempted the exploit since April. Other IP addresses may be performing reconnaissance work: A total of 2,009 IPs have searched for Spring Boot Actuator endpoints in the past 90 days, and 1,582 IPs have specifically targeted the /health endpoints, which commonly detect Spring Boot Actuator deployments.…

Bitcoin Surge and ETF Inflows Drive Market Recovery: Token Insights Q2 Exchange Report

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After a significant pullback in Q1, Q2 2025 saw cryptocurrency markets rebound to a $3.46 trillion market cap, driven by ETF inflows and a strong bitcoin rally, although macro concerns and geopolitical tensions continued to suppress broader participation. The latest exchange report by Token Insights highlights key trends in volume, market share, and derivatives versus […] Source

Layer 2s Now Handle 85% of All Transactions, Dune Report Says

Key Notes Over 85% of transactions in the Ethereum ecosystem now take place on Layer 2 networks. Base has become the dominant L2, accounting for over 80% of all L2 transaction fees and operating at a 98.3% profit margin in May 2025. Despite the transaction shift, Ethereum L1 remains the core settlement layer, hosting 90% of stablecoin value and 83% of all real-world assets (RWAs). A new report highlights a major shift in the Ethereum ETH $3 050 24h volatility: 3.0% Market cap: $368.20 B Vol. 24h: $24.83 B ecosystem,…

Crypto Exchanges Made $172M On Trump Memecoin: Report

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US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the TRUMP memecoin has generated at least $172 million in trading fees for 10 crypto exchanges, including Binance, Coinbase, OKX and more, according to a Reuters report on Monday. In listing TRUMP, some exchanges reportedly disregarded the fact that 80% of the coin’s supply was held by the Trump family and its partners, an issue they’d previously seen as…

CZ Retweets Claims Coinbase Behind Bloomberg’s Trump Stablecoin Report

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Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance. In a Sunday post on X, crypto commentator Matt Wallace claimed Coinbase executives feared a potential pardon for Zhao and Binance’s return to the US market would threaten their market share, prompting efforts to undermine competitors. “Binance is the world’s #1 crypto exchange,” Wallace wrote, warning that Binance’s return with full legal status could severely damage Coinbase’s business. “What…

USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says

A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was central to the laundering process, with funds transferred to multiple offshore wallets, complicating recovery efforts. The Directorate of Criminal Investigations (DCI) has launched an investigation […] Source CryptoX Portal

Binance’s CZ Denies Bloomberg Report on Trump-Backed USD1 Stablecoin

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Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. In a post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a competitor)” filled with “so many factual errors” that he “doesn’t even know where to begin.” He added, “Might have to sue them again for defamation.” The Bloomberg report claimed Binance developed the original smart contract…

Bitzlato Co-Founder Requests Pardon From Donald Trump After Guilty Plea: Report

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Anatoly Legkodymov, a Russian national and former CEO of cryptocurrency exchange Bitzlato, reportedly requested a federal pardon from US President Donald Trump after a 2023 guilty plea and serving 18 months in prison. According to a Friday report from the Russian state media outlet TASS, Legkodymov’s legal team officially asked Trump for a presidential pardon after he pleaded guilty to operating an unlicensed money transmitting business. Legkodymov was indicted in January 2023, pleaded guilty in December, and was sentenced to time served in July 2024 after being in custody for…