In a dramatic turn of events, the price of HEX, the controversial cryptocurrency token, spiked by 15% in just 24 hours after Interpol issued a Red Notice for its founder, Richard Heart. The sudden surge in HEX’s value has left market observers puzzled, as the cryptocurrency community grapples with the implications of this international legal development. The Interpol Red Notice …

In a bold move to further solidify its position as one of the largest institutional holders of Bitcoin, MicroStrategy has acquired an additional 5,262 BTC for $561 million, bringing its total Bitcoin holdings to an impressive 444,262 BTC. The purchase underscores the company’s continued confidence in Bitcoin as a long-term store of value despite fluctuations in the market. A Strategic …

The cryptocurrency industry has suffered a staggering $1.49 billion in losses due to hacks and fraud in 2024, according to a new report by Immunefi, a leading bug bounty platform and security service provider for the blockchain industry. While this figure remains eye-watering, it marks a notable 17% decrease compared to the previous year, signaling a possible shift toward improved …

The South Korean Financial Services Commission (FSC) has swiftly rejected recent reports suggesting that the country is on the verge of allowing businesses to purchase cryptocurrencies as part of their operational activities. In an official statement, the FSC clarified that no such plans are currently under consideration, effectively quashing speculation that companies would soon be able to hold digital assets …

Gate.io, one of the world’s leading cryptocurrency exchanges, has announced its acquisition of Japan-based crypto exchange Coin Master, signaling its return to the Japanese market after a strategic hiatus. This move marks a significant step in Gate.io’s global expansion efforts, aligning with its mission to establish a stronger presence in highly regulated markets. A Strategic Acquisition Coin Master, a registered …

The Philippines Securities and Exchange Commission (SEC) has proposed a comprehensive regulatory framework aimed at tightening oversight of cryptocurrency service providers in the country. The move seeks to address growing concerns about fraud, money laundering, and investor protection in the fast-evolving digital asset space. Why Now? The crypto market in the Philippines has seen explosive growth, fueled by increasing adoption …

Hyperliquid, a fast-growing cryptocurrency trading platform, is grappling with an unprecedented outflow of funds following allegations of its involvement in facilitating transactions linked to North Korean cybercriminals. The platform, renowned for its lightning-fast execution and innovative trading features, is now under intense scrutiny as investigators examine claims of illicit activity tied to its systems. A Sudden Exodus of Funds The …

In a landmark international investigation, the FBI and Japanese police have uncovered a web of connections implicating a North Korean-linked trader in one of the largest cryptocurrency thefts in history. The case revolves around the audacious $300 million Bitcoin hack, which stunned the global financial community and raised alarms about the rising sophistication of cybercriminal operations. The Heist That Shocked …

Ethereum on the Brink of a Comeback: Could $5,000 Be Next? ETH Eyes Recovery as Key Indicators Point to Optimism Is Ethereum Set to Soar? Market Metrics Suggest Bullish Trend Ethereum’s Path to $5,000: Confidence and Demand on the Rise ETH Bounces Back: Can Ethereum Break $4,000 and Beyond? Over the past week, Ethereum (ETH) has faced significant price fluctuations …

UAE’s Alleged $40 Billion Bitcoin Hoard: Truth or Crypto Hype? Did the UAE Buy $40 Billion in Bitcoin? Unverified Rumors Spark Debate Crypto Buzz: UAE Rumored to Hold $40 Billion in Bitcoin, But Is It True? $40 Billion Bitcoin Mystery: Is the UAE a Top Global Holder? UAE Bitcoin Rumors: What If the Nation Holds $40 Billion in BTC? Rumors …