Crypto phishing attack drains $55M from whale’s wallet
Blockchain security experts warn against signing unknown transactions and highlight the growing threat of phishing scams in crypto.
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Celsius bankruptcy judge gives the nod for independent examiner probe
Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case. 295 Total views 13 Total shares A federal judge overseeing crypto lender Celsius’ bankruptcy case has given the green light for the motion to appoint an independent examiner to investigate aspects…

Law Decoded: E Pluribus SHA-256
By way of disclaimer, today’s Law Decoded is going to be especially America-centric. Writing to you from the ghastly swamp that is Washington, D.C., I generally try to keep these newsletters more globally minded, displeased as I am with how often the news cycle acts like this town is the center of the solar system. Thematically,…

Short term Bitcoin buyers transition to long term holders: Glassnode
Although long-term coin selling saw a marked increase last week, HODLing is still the preferred strategy as more of the short-term supply is becoming long-term supply. 429 Total views 4 Total shares Over the past week, long-term holders of Bitcoin increased their spending to a level that suggests de-risking from the market, but hodling remains…

Canary Capital files S-1 for Litecoin ETF
Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections.

American Bitcoin’s ambition is to dominate mining — Hut 8 CEO
In an exclusive interview, Hut 8 CEO Asher Genoot reveals how the Trump-backed American Bitcoin venture is aiming to dominate US mining and ultimately take its vision public. 1442 Total views 1 Total shares Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald

UK financial watchdog seeks crypto talent amid new crackdown
The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. 234 Total views 3 Total shares The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate…

SEC closes investigation into Immutable nearly 5 months after Wells notice
Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the

What death spiral? Bitcoin mining difficulty rises by 9% since halving
After the May 11 halving, some skeptics speculated that miners would capitulate or that the entire process would enter a death spiral. Fast-forward three months and the Bitcoin (BTC) hash rate is at a record high.An all-time high hash rate and a stable Bitcoin mining industry are both positive signs for the medium to long-term…