News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were repo
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! Bitcoin is consolidating around $104,000 amid institutional flows and "buy-the-dip" sentiment, according to Glassnode — though
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institu
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin ETFs, to 14 months in prison.Following a May 16 hearing in the
A crypto wallet believed to belong to UK investment firm Abraxas Capital Management has amassed 278,639 Ethereum, worth approximately $655 million, since Ethereum’s Pectra upgrade was activated, according to on-chain data tracked by Lookonchain.The L
Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited, but downside predictions include levels further toward $90,000. has delivered highly patterned moves since it
Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the second-largest crypto by market cap, predicting that its price could soon go parabo
Sygnum announced today that it’s adding staked Solana to its portfolio of tokens eligible to use as loan collateral. This will allow institutional clients to access fiat liquidity and staking rewards at the same time.The firm already accepts Solana a
The State of Wisconsin Investment Board (SWIB), which oversees the state’s retirement funds, unloaded its shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, filings show.The Wisconsin Investment Board reported no spot Bi
French Interior Minister Bruno Retailleau said that he plans to meet with leaders in the cryptocurrency industry to address a recent wave of violent extortion attempts, including the attempted kidnapping of a crypto executive’s family.“I will … work
Key takeaways:Bitcoin’s price is retracing, but strong ETF inflows, high network activity and whale accumulation suggest BTC is on track to $140,000.Spot Bitcoin ETFs saw $2.9 billion in net inflows in two weeks, mirroring past rallies.Declining exch
The crypto market has recorded a huge boost in recent weeks, spearheaded by massive institutional inflows. Bitcoin (BTC) leads the pack as bulls strengthen positions ahead of another upward swing. Meanwhile, altcoins have also attracted demand, drivi
Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea
Bitcoin price started a fresh increase and tested the $105,000 zone. BTC is now consolidating gains while Ethereum rallied toward the $2,750 resistance.Bitcoin started a strong increase and settled above the $102,500 resistance zone.The price is trad
Speculation about Nvidia adding Bitcoin to its treasury reserves has surfaced recently. These unconfirmed reports lead to questions about the potential for increased institutional adoption of Bitcoin and the possible performance of such a move for Nv
CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.Although CoinShares’s profits and EBITDA
Twenty One Capital, a bitcoin investment company backed by Cantor Fitzgerald, Tether, and Softbank, has purchased 4,812 BTC worth $458.7 million — the first of what is promised to be many buy bids. The company trades under the ticker CEP.Stablecoin i
The Bitcoin price is once again at the center of attention as it continues its upward climb in what appears to be the final phase of the current bull cycle. Riding on the back of macroeconomic optimism and institutional interest, Bitcoin is showing r
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs.On May 12, Hobbs rejected Senate Bill 1373, which
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve.In a May 12 statement,