Malaysian police have launched an investigation into a suspected cryptocurrency wallet hack after a man in Teluk Intan reported losing approximately RM12.47 million ($3.05 million) in digital assets through transactions he did not authorize. Summary Malaysian police are investigating suspected unauthorized cryptocurrency transfers worth RM12.47 million, approximately $3.05 million reportedly. The victim discovered missing digital…
The financial vehicles tracking the largest altcoin have not seen a green day since September 28. The spot exchange-traded funds tracking bitcoin experienced their worst week in terms of outflows since the end of June, which became one of the reasons behind the underlying asset’s major correction. Although the net outflows from the spot…
Ledger has confirmed finding an unauthorized hardware implant inside one customer’s cryptocurrency wallet during its October 10 investigation into reported thefts involving Southeast Asian reseller CryptoBilis, as blockchain researchers estimate suspected losses exceeding $86 million. Summary Ledger confirmed an unauthorized hardware implant inside one affected customer’s device during its CryptoBilis investigation. CryptoBilis suspended sales of…
XRP rebounded from the recent lows but it’s still down by over 7% weekly. The past week didn’t go well for the entire cryptocurrency market, with prices falling to local lows after BTC was rejected at $87,000 and dragged most altcoins with it. The ETF flows were among the reasons behind the market-wide correction,…
The International Monetary Fund has found that tokenized stocks experienced approximately 1.5 times the volatility of traditional shares, even as more than half of transactions occurred outside regular U.S. trading hours and 80% involved less than one share. Summary IMF research found over half of tokenized stock trading occurred outside regular United States market hours….
The searches specifically for BTC are also quite high, but not as those for the entire industry. Let’s start with a quick disclaimer – we used to write a lot of similar articles several years ago. The reason was simple: searches on Google typically show the demand for the cryptocurrency industry among retail investors….
Dogecoin has recorded approximately $57.2 million in net spot outflows over seven days, with CoinGlass reporting $538.16 million in outflows against $480.96 million in inflows as DOGE fell nearly 9% during the week. Summary Dogecoin recorded $538.16 million in weekly spot outflows against $480.96 million in exchange inflows alone. CoinGlass figures indicate net outflows of…
Bitcoin (BTC USD) and the broader crypto market could eventually command a $120 trillion market capitalization if it captures 10% of a global asset pool, according to Strategy Executive Chairman Michael Saylor. Bitcoin is trading just above $83,000.10, down -0.5% over 24 hours. The arithmetic is straightforward, but the starting measure, definition of global assets,…
China has accelerated its gold accumulation spree again, with its streak lasting almost two years straight. The Asian country has added another 23 tonnes of gold to its reserves in September, which became its largest monthly purchase in roughly three years. Other central banks, including those from Poland, Uzbekistan, and Kazakhstan, have been accumulating…
Decentralized trading platform Papertrade has faced allegations of price manipulation after two cryptocurrency wallets reportedly used trades worth around $20 million on Hyperliquid to move Ethereum prices by 0.1%–0.2% while holding positions worth hundreds of millions of dollars. Summary Papertrade faces allegations that two wallets manipulated Ether prices through large trades on Hyperliquid recently. Researcher…
