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Crypto users urged to take extreme care as NPM attack hits core JavaScript libraries

Crypto users urged to take extreme care as NPM attack hits 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…

Why your money buys less every year

Why your money buys less every year

Not long ago, a $100 bill could cover dinner, a movie and drinks. Today, it might not even be enough for the meal alone — and in another decade, it’s likely to stretch even less. That’s not a fluke of bad luck but a feature of modern monetary systems: inflation is built in. In a new Cointelegraph vi…

Backpack EU begins operations with CySEC-approved derivatives platform

Backpack EU begins operations with CySEC-approved derivatives platform

Backpack EU, the owner of FTX EU — the former European arm of the defunct exchange FTX — is launching operations after settling with the Cyprus Securities and Exchange Commission (CySEC).Backpack EU, registered with the CySEC as Trek Labs Europe, announced on Monday the launch of its perpetual futur…

Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG

Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG

The premiums of digital asset treasury firms are falling, and that’s likely to worsen in the near future unless they take action, says New York Digital Investment Group.NYDIG global head of research Greg Cipolaro said on Friday that the gap between stock price and net asset values (NAV) of major Bit…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, El Salvador celebrates Bitcoin anniversary, Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem. Meanwhile, Michael Saylor’s net worth has increased by $1 billion since the start of this year. El Salvador celebrates four-year Bitcoin anniversaryEl Salv…

 Ethereum revenue dropped 44% in August amid ETH all-time high

Ethereum revenue dropped 44% in August amid ETH all-time high

Ethereum revenue, the share of network fees that accrue to Ether holders as a result of token burns, dropped by about 44% in August, even amid all-time high ETH prices.Revenue for August totaled over $14.1 million, down from July’s $25.6 million, according to Token Terminal. The drop occurred amid …

 Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales: Finance Redefined

Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales: Finance Redefined

Whales, or big cryptocurrency investors, have lost millions of dollars by betting on the price appreciation of the Trump family-linked World Liberty Financial (WLFI) token.Since its launch on Monday, the WLFI token’s price fell by over 40%, despite a large-scale token burn event that permanently red…

 Bitcoin breaks out, but weak US jobs data breaks bulls again: Time to risk on or off?

Bitcoin breaks out, but weak US jobs data breaks bulls again: Time to risk on or off?

Key takeaways:Bitcoin briefly surged to $113,000 before reversing after weaker-than-expected US payrolls data.Onchain flows show $2 billion in stablecoin inflows and record open interest near all-time highs.A weekly close above $112,500 is needed to confirm a lasting market bottom.Bitcoin (BTC) has …

Brazil’s largest asset manager Itaú Asset forms dedicated crypto unit

Brazil’s largest asset manager Itaú Asset forms dedicated crypto unit

Itaú Asset Management, Brazil’s largest private asset manager, has created a dedicated crypto division and appointed former Hashdex executive João Marco Braga da Cunha to lead the new unit.The unit builds on Itaú Asset’s existing crypto products, including the bank's Bitcoin exchange-traded fund (ET…

US regulator grants Polymarket relief on event contract reporting rules

US regulator grants Polymarket relief on event contract reporting rules

The US Commodity Futures Trading Commission (CFTC) said it will not pursue enforcement against two entities tied to prediction platform Polymarket.In a Wednesday notice, the CFTC said it had issued a no-action letter “regarding swap data reporting and recordkeeping regulations for event contracts” w…

Price predictions 9/3: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI

Price predictions 9/3: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI

Key points:Bitcoin made a strong comeback, confirming that dip buyers were present at lower levels; higher levels could continue to attract sellers.Select altcoins have bounced off their respective support levels, indicating a positive sentiment.Bitcoin rallied to $112,500 on Wednesday, indicating …

Trump's American Bitcoin trading debut halted 5 times amid volatility

Trump's American Bitcoin trading debut halted 5 times amid volatility

The Nasdaq stock exchange halted trading of American Bitcoin (ABTC) shares five times Wednesday as volatility spiked on the stock’s relisting debut. Shares of ABTC, a Bitcoin mining company co-founded by Eric Trump and Donald Trump, Jr., climbed by nearly 85%, hitting a high of $14 per share during…