The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors. British Police Seize Over 61,000 Bitcoins The U.K. Metropolitan Police have seized more than 61,000 […]

The spot Bitcoin ETF issuer said it will still use Coinbase’s custodian services as part of a move to diversify custodians. Asset management firm Valkyrie has added digital asset trust company BitGo as its custodian for its recently launched spot Bitcoin (BTC) exchange-traded fund (ETF). In an 8-K filing to the United States Securities and […]

On Feb. 1, 2024, Valkyrie Digital Assets, a cryptocurrency asset manager, revealed in a Form 8-K submission to the U.S. Securities and Exchange Commission (SEC) that it has selected Bitgo to provide custodial services for its spot bitcoin exchange-traded fund (ETF). Bitgo to Safekeep the Bitcoin Assets Associated With Valkyrie’s BRRR Recently acquired by Coinshares, […]

Polygon Labs also laid off 20% of its employees around a year ago. The CEO implied that the impending layoffs are not due to financial reasons. In a recent post on twitter, Polygon Labs CEO Marc Boiron announced the layoffs of 19% of the team. After several other firms announced layoffs amid last year’s recession, […]

The crypto market continues to see accelerated growth and legacy and investors are starting to notice. Secure Digital Markets (SDM) has carefully curated a crypto ‘Year in Review’ report to inform investors on the crypto market’s outlook after the launch of the Bitcoin ETF. Experts believe the adoption of digital assets by institutional investors and […]

The team declared that all assets in the Phantom wallet are secure. Until the vulnerability is resolved, Phantom has temporarily disabled several of its services. A Distributed Denial of Service (DDoS) assault has been reported on Solana’s Phantom wallet. The protocol has detected many attempts to overwhelm its systems, according to the team behind Phantom.  […]

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Devs for the Blast L2 are accused of stealing open-source code that’s available to all. Is that cheating, or a sincere form of flattery? Source link

Crypto bankruptcy claims and trading platform Open Exchange has urged users to settle all positions by Feb. 7 and withdraw by Feb. 14. Crypto bankruptcy claims platform OPNX — launched by the co-founders of failed hedge fund Three Arrows Capital — has announced that it will officially cease all operations and shut down by Feb. […]

A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally anticipate that bitcoin prices will hover between $30,000 and $60,000 during the […]