A $150 million theft targeting Ripple co-founder Chris Larsen has been traced back to a security lapse involving the password manager LastPass, according to a forfeiture complaint filed by U.S. law enforcement on March 6 flagged by blockchain sleuth ZachXBT.ZachXBT shared that the complaint detailed
The past 24 hours have offered a new doze of volatility for the cryptocurrency market, this time negatively affecting the bulls. Bitcoin (BTC), for instance, briefly plummeted below $85,500.The situation with the alternative coins is no better, with some of the leading ones charting more substantial
The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to end the prolonged crackdown restricting crypto firms’ access to banking services.“Crypto-asset custody, certain stablecoin activities, a
Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which was not approved by prison authorities.“This particular interview was not approved,” a representative for the US Burea
The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to shut down Operation Chokepoint 2.0 — the prolonged crackdown restricting crypto firms’ access to banking services.“Crypto-asset custody,
US President Donald Trump took investors by surprise last weekend when he directed his digital asset working group to create a cryptocurrency reserve that includes Bitcoin, Ether, Solana, XRP and Solana. After an epic pump, crypto markets reversed course within 24 hours, leaving Bitcoin on the preci
CoinDesk Bitcoin Price Index is down $2060.42 today or 2.31% to $86964.99Down two consecutive days, down 3.9% over this periodUp 3.4% month-to-dateDown 6.9% year-to-dateDown 18.52% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels)Up 25.50% from 52 weeks ago (March 8, 202
Ethereum is down $68.21 today or 3.09% to $2137.79Down two consecutive days, down 4.42% over this periodDown 3.81% month-to-dateDown 36.08% year-to-dateDown 55.46% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Down 45.43% from 52 weeks ago (March 8, 2024), when it traded
The cryptocurrency exchange Kraken, legally known as Payward Inc, is considering an initial public offering (IPO) as soon as the first quarter of 2026, though the company could still change course. Bloomberg was first to report the news citing people familiar with the matter. "We recently disclosed
The recent Bitcoin price crash below $90,000 came as a shock to the broader crypto community, especially amid expectations of a continued bull market rally. Despite the volatility and ongoing declines, a crypto analyst projects an even greater crash, suggesting that Bitcoin could fall as low as $63,
Crypto exchange and custodian Gemini has confidentially filed for an initial public offering (IPO), Bloomberg reported, citing people familiar with the matter. The firm, founded by billionaire Cameron and Tyler Winklevoss, is working with Goldman Sachs and Citigroup, the report said, noting that no
Litecoin’s bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline. While LTC previously s
Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.S. Department of Justice (DOJ).On Thursday, a coalition of law enforcement agencies from the U.S., G
Offchain Labs CEO Steven Goldfeder said the U.S. crypto reserves should be just Bitcoin for now, despite calls for other cryptocurrencies to be included, including by President Trump."Maybe this goes against what you think my allegiances were, but I actually would, as a first priority, think that th
The January 2024 theft of 283 million XRP (XRP) from Ripple co-founder Chris Larsen’s personal accounts has been linked to a password manager breach, according to a forfeiture complaint filed by US law enforcement revealed by crypto investigator ZachXBT.The investigator shared a screenshot of the fo
The United States Department of Justice, with coordinated help from Germany and Finland, seized several domains associated with the sanctioned Russian crypto exchange Garantex.Law enforcement agencies in the three countries managed "to disrupt and take down the online infrastructure used to operate
Ripple co-founder Chris Larsen's $150 million crypto theft in January 2024 has been linked to a LastPass security breach from 2022, according to on-chain security expert ZachXBT, citing a recent US law enforcement forfeiture complaint.The attack resulted in the theft of 213 million XRP tokens, value
Ripple co-founder Chris Larsen lost roughly $150 million worth of crypto because he stored his private keys with the password manager LastPass, according to internet sleuth ZachXBT.“A forfeiture complaint filed yesterday by U.S. law enforcement revealed the cause for the ~$150M (283M XRP) hack of Ri
Zoroo, the pseudonymous founder of the web3 mini-game Yescoin, has been reportedly taken into Shanghai police custody following a dispute with his business partner. "What began as a business agreement between partners has now escalated into a criminal case," Yescoin wrote in a Friday social media po
Cardano's ADA, XRP and Solana's SOL slid on Friday after a White House official backpedaled on President Trump's recent announcement that he would sign an executive order instructing the Presidential Working Group to move forward with the creation of strategic crypto reserve comprised of ADA, XRP, S