Not Even $50 Of Crypto Stolen From Large-Scale NPM Attack

Hackers have only managed to steal $50 worth of crypto from a massive supply chain hack affecting JavaScript software libraries, industry security researchers say. Crypto intelligence platform Security Alliance shared the findings on Monday after hackers broke into the node package manager (NPM) account of a well-known software developer and added malware to popular JavaScript…

NPM Attack Injects Crypto-Stealing Malware Into Core JavaScript Libraries

Hackers have compromised widely used JavaScript software libraries in what’s being called the largest supply chain attack in history. The injected malware is reportedly designed to steal crypto by swapping wallet addresses and intercepting transactions. According to several reports on Monday, hackers broke into the node package manager (NPM) account of a well-known developer and…

Kazakhstan’s President Calls for Crypto Reserve, Digital Asset Law by 2026

Kassym-Jomart Tokayev, the president of the Republic of Kazakhstan, laid out plans for the country’s AI and digital asset endeavours, which include a strategic cryptocurrency reserve. In an annual address on Monday, Tokayev said the government should create a “full-fledged ecosystem of digital assets as soon as possible” as part of efforts to “find effective…

Bitcoin Back At $112K, But Data Doubts It Will Hold

Key takeaways: Bitcoin options skew and futures funding rates highlight persistent caution, despite BTC defending the $110,000 support level. spot Bitcoin ETF outflows and Strategy’s S&P 500 index negative decision continue weighing on trader sentiment. Bitcoin (BTC) climbed above $112,000 on Monday, pulling away from the $108,000 level seen the previous week. The advance, however,…

Filecoin (FIL) Demonstrates Steady Bullish Momentum with Strong Volume Support

Filecoin FIL$2.4278 showed strong upward momentum throughout the last 24 hours, climbing from $2.38 to $2.44, according to CoinDesk Research’s technical analysis model. The model showed that the digital asset carved out strong support foundations within the $2.38-$2.39 corridor, backed by substantial volume validation that became particularly pronounced during the 6:00 AM ET trading hour…

Bitcoin Turns Bullish Again, Which Altcoins Will Follow?

Key points: Bitcoin could rally to $115,000 and then to $120,000, but the upside looks capped in the near term if the whales continue to sell. Select altcoins look strong and ready to break above their overhead resistance levels. Bitcoin (BTC) started the new week on a positive note with buyers attempting to sustain the…

Bitcoin Turns Bullish Again, Which Altcoins Will Follow?

Key points: Bitcoin could rally to $115,000 and then to $120,000, but the upside looks capped in the near term if the whales continue to sell. Select altcoins look strong and ready to break above their overhead resistance levels. Bitcoin (BTC) started the new week on a positive note with buyers attempting to sustain the…

MoonPay, Agora Coalition Challenges Stripe For USDH Issuance

Stripe is facing pushback in its bid to issue Hyperliquid’s planned USDH stablecoin, as a coalition of crypto firms, including MoonPay, Agora and Rain lined up competing proposals alongside Paxos and Frax. In a Friday Discord message, the Hyperliquid team announced it wants to create a “Hyperliquid-first, Hyperliquid-aligned, and compliant USD stablecoin” with the USDH…

Ethereum Revenue Drops but Analysts Say Network Still Strong

A Messari analyst sparked heated debate over the weekend after declaring Ethereum is “dying” as network revenue declined in August. In an X post on Saturday, Messari research manager AJC stated that “Ethereum’s fundamentals are collapsing,” as Ethereum’s revenue from fees in August was $39.2 million, down over 40% year-over-year and approximately 20% month-over-month. Source:…

SEC Approval Of Listing Standards Can Mainstream Crypto ETFs

Opinion by: Margaret Rosenfeld, chief legal officer of Everstake For years, the approval of crypto exchange-traded funds (ETFs) has been one of the most contested battles in financial regulation. The first applications for a Bitcoin (BTC) ETF date back more than a decade. Only in early 2024, after repeated denials and a court battle that…