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Tag: meta
Bithumb Probes Data Leak After Internal Hack
TLDR South Korean exchange Bithumb is investigating a data leak after its in-house mobile work system was hacked. The exchange discovered the breach on Tuesday and notified the Korea Internet & Security Agency and the Personal Information Protection Commission the same day. Bithumb says the internal system is separate from its trading platform, so customer […]
Coinbase Denies Breach as Vendor Leak Hits Users
TLDR Coinbase says an incident at analytics vendor Amplitude exposed contact information for a small subset of its customers. The exchange says it found no evidence that its own systems were breached and that customer funds were not affected. The disclosure came amid other Wednesday reports of attacks on Bithumb and Daishin Securities in South […]
Bitcoin Nears $82K as Wall Street Sees Correction Fading
TLDR Bitcoin climbed to $81,687 on Wednesday, with bid liquidity thickening around $79,000 and $80,000. South Korea’s KOSPI jumped 6.63% as tech stocks rebounded from earlier October losses. Morgan Stanley’s Mike Wilson says most of the market correction is already over. Analyst Rekt Capital compares Bitcoin’s weekly chart to 2022, and $82,000 remains the key […]
Bitcoin ETFs Pull in $176M as BTC Tops $80K
TLDR US spot Bitcoin ETFs recorded about $176 million in net inflows on Tuesday, their second straight day of gains. The two-day total reached $286 million, following $110 million on Monday. October’s net outflows have narrowed to roughly $26 million, while year-to-date inflows sit near $850 million. Ether ETFs are moving the other way, with […]
Euronext Halts CoinShares Zcash ETP on Debut Day
TLDR Euronext suspended the CoinShares Zcash ETP (ZCSH) on Euronext Paris on the day it was meant to start trading. The exchange operator cited operational settlement requirements. The suspension stays in place until the Central Securities Depository (CSD) can fully support standard settlement operations. CoinShares would have been the fourth issuer to list a Zcash […]
Bitcoin Faces Another Red October as Price Drops 4.2%
Bitcoin’s reputation for strong October rallies is facing another test. After five consecutive years of gains during the month, the cryptocurrency is now on track for its second negative October in a row. Data from CryptoQuant shows Bitcoin falling 4.2% between September 30 and October 25, with its price slipping from $83,567 to $80,051. That’s […]
CoinDCX Confirms $15.99 Million Loss After Earlier Dismissal of Breach Reports
Indian cryptocurrency exchange CoinDCX has confirmed a $15.99 million loss linked to retired wallet infrastructure, days after CEO Sumit Gupta dismissed reports of suspicious outflows as a possible false alarm. The exchange says a failed automated transfer process allowed deposits to accumulate in vulnerable addresses and that the company absorbed the loss. TL;DR $15.99 million […]
US Treasury Plans New Crypto Rules After CLARITY Act Setback
The US government isn’t waiting for Congress to settle the debate over cryptocurrency regulation. Speaking at Ripple’s Swell conference in New York on October 27, Treasury Secretary Scott Bessent outlined how federal regulators could move forward after the CLARITY Act failed to advance in the Senate. His proposal involves closer cooperation between the Treasury Department, […]
Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts
Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.