Two Victims Lose $62 Million To Address Poisoning Since December

Just one victim lost $12.2 million in January by copying the wrong address from their transaction history in an “address poisoning attack,” adding to a similar $50 million attack in December, according to Scam Sniffer. Address poisoning is when attackers send small transactions, or “dust,” from addresses that look similar to those in the target’s…

Thailand Approves Bitcoin For Derivatives Trading Markets

Thailand’s government on Tuesday approved the Finance Ministry’s proposal allowing digital assets to be used as underlying assets in the country’s derivatives and capital markets. The move aims to modernize Thailand’s derivatives markets in line with international standards, strengthen regulatory oversight and investor protection, and position itself as a regional hub for institutional crypto trading,…

This XRP Indicator Warns That Price May Crash Below $1: Analyst

XRP (XRP)  has retraced nearly 63% from its multi-year high of $3.66 to trade at $1.36 on Wednesday, a technical setup that may have bearish implications for its price, according to a market analyst.   Key takeaways: XRP appeared bearish below $1.40, with chart technicals pointing to a further drop toward $0.70-$1. Persistent spot XRP ETFs…

Binance Completes $1B Bitcoin Conversion for SAFU Fund

Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset. Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1 billion in Bitcoin for its Secure Asset Fund for Users (SAFU) wallet, according to Arkham data. The fund now…

Coinbase’s Base App to Shut Down Creator Rewards Program

Coinbase’s “Everything App,” Base App, is sunsetting its Creator Rewards program and Farcaster-powered social feed as part of a strategic shift to focus entirely on tradable assets. The Creator Rewards program was launched in July and was intended to make the Ethereum layer-2 Base a more social ecosystem, where activity and engagement translate into earnings….

Binance CEO Richard Teng breaks down the ‘10/10’ nightmare that rocked crypto

Binance did not cause the crypto market liquidation event on Oct. 10, but every exchange — centralized or decentralized — saw massive liquidations that day after China imposed rare earth metal controls and the U.S. announced fresh tariffs, said Binance Co-CEO Richard Teng. About 75% of the liquidations took place around 9:00 p.m. ET, alongside…

Ethereum Set For V-Shaped Recovery, Fundstrat’s Lee Says

Fundstrat head of research Tom Lee said he expects Ether to rebound quickly following recent declines, arguing the asset has experienced eight such recoveries since 2018. “A lot of people are frustrated, but keep in mind that Ethereum, since 2018, has fallen more than 50% eight times,” Lee said at a conference in Hong Kong…

WhatsApp Accuses Russia of Restricting Access for Millions of Users

WhatsApp, the messaging app owned by social media giant Meta, has accused Russia of attempting to block access for millions of its users to push them towards its state-owned alternative. “Trying to isolate over 100 million users from private and secure communication is a backward step and can only lead to less safety for people…

Bitcoin Slips Below $66K As Absent Spot Demand Benefits Bears

Bitcoin (BTC) has now retraced for three straight days, slipping below $66,000 during the New York session on Wednesday. The decline came after a failed push above $70,000, as weak buying interest allowed sellers to maintain control. Onchain data suggest that the pullback appears driven by spot-led selling on Binance, while the lack of a…

Bitcoin, Altcoins Consolidate In Search Of New Price Floor

Key points: Bitcoin spot selling keeps a $60,000 retest open as a short-term outcome. Several major altcoins risk resuming the downtrend, indicating a negative investor outlook. Bitcoin (BTC) has again come under pressure, dropping below the $66,000 level during the early hours of the US trading session. According to Kaiko Research, a 52% retracement from…