Monkey Drainer Steals $1M Worth of Crypto in Elaborate Phishing Attack
A phishing scammer who goes by the name – Monkey Drainer – has reportedly stolen 700 ETH worth over $1 million, as per on-chain sleuth ‘ZachXBT.’ The two largest victims…
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Bitcoin Soars to 6-Week High, Crypto Market Cap Taps $1T (Market Watch)
Following days of lack of almost any volatility, bitcoin finally went on a tear in the past 12 hours and skyrocketed to its highest price point since mid-September. The altcoins…
One Reason and One Warning for Bitcoin and Ethereum’s Recent Pumps: Arthur Hayes
The cryptocurrency market soared in the past 24 hours, targeting the coveted $1 trillion mark in terms of total capitalization. Leading the way is Ethereum, which is up over 11%,…
UK Policymakers Vote for Regulating Crypto as Financial Instruments
A ray of light for the crypto industry has emerged amidst all the recent economic and political turmoil in the United Kingdom. Parliament convened on Oct. 25 to discuss a…
Hashed CEO Skips Parliamentary Inquiry on Terra Crash
Hashed CEO and an early backer of the ill-fated LUNC token, Kim Seo-joon, failed to appear before a South Korean congressional inquiry into the crash. He cited “mental conditions” as…
CFTC Chair Reiterates: Bitcoin and Ether Are Commodities
The power tussle between the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over regulatory oversight of the crypto market continues to confuse investors…
New UK Prime Minister Rishi Sunak: Crypto Believer or CBDC Backer?
Rishi Sunak is all set to take over the role of the prime minister of the United Kingdom in a few days. Amidst dire economic headwinds, Sunak was voted into…
Long-Term Bitcoin Holders Have Amassed Over 75% of BTC
The gloomy market condition has failed to deter long-term Bitcoin holders who are currently in possession of more than 75% of all existing BTC. As per an analyst at the crypto…
BitMEX CEO Alexander Höptner Steps Down: Report
The wave of cryptocurrency-related C-level execs leaving their positions amid the ongoing bear market continues. The latest to do so is the CEO of BitMEX – Alexander Höptner, according to…
Apple With New App Store Rules for Crypto but There’s a Catch
Apple users will be able to enjoy certain NFT features on their devices, according to the firm’s latest update on the matter. However, the Cupertino, California-based giant wants to keep…
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