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Bitcoin Drops to $83,000 as Altcoins Unwind Recent Rally
The cryptocurrency market saw a pullback as Bitcoin slid to $83,000, erasing Friday's gains.
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#CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The latest news, analysis and stories about CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data — TECC.UZ.
167 articles
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Bitcoin and Nasdaq Futures Decline as Trump Won't Rule Out More Iran Strikes
Global financial markets and cryptocurrencies faced downward pressure after Donald Trump refused to rule out future strikes against Iran.
Cyber
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
The hacker responsible for the Bitget exchange breach has transferred millions of dollars in stolen XRP to new addresses.
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Bitcoin holders are cashing out, just not the way they did at prior market tops
The behavior of Bitcoin holders in the current market cycle shows a distinct departure from historical profit-taking patterns.
Cyber
Crypto Exchange Bitget Reports $352 Million Impact in Hack, Assures User Funds Are Safe
Popular cryptocurrency exchange Bitget has suffered a security breach impacting $352 million, though management assures users that their funds remain secure.
AI
Cathie Wood's ARK Teams with Securitize to Tokenize Venture Fund with OpenAI and Anthropic Stakes
ARK Invest is partnering with Securitize to tokenize a venture fund featuring shares in high-profile AI startups like OpenAI and Anthropic.
Cyber
Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme
A federal court has handed down a significant prison sentence to an individual involved in a massive crypto phishing scam.
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Bitcoin Slides to $83,300 as Bond Yields Hit 2007 Highs
Bitcoin price dropped as US Treasury yields reached their highest levels since 2007, impacting risk assets.
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FTX and Alameda-Linked Wallets Transfer $75 Million in Ether to Wintermute
Onchain data reveals that crypto wallets associated with FTX and Alameda have transferred approximately $75 million worth of Ethereum to Wintermute.
AI
AI agents will soon buy their own computing power and data using stablecoins, according to BlackRock
BlackRock predicts that autonomous AI agents will soon independently purchase computing power and data using stablecoins.
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Oil falls as Iran signals possible Hormuz reopening, Bitcoin holds near $86,000
Oil prices dropped following Iran's signals about a potential reopening of the Hormuz Strait, while Bitcoin maintained its position around $86,000.
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Spot Bitcoin ETFs attracted nearly $1 billion on Monday
Spot bitcoin ETFs pulled in nearly $1 billion on Monday, marking the 9th largest daily inflow in history.
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Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins
U.S. Treasury Secretary Scott Bessent has voiced strong support for maintaining and reinforcing the leading role of the U.S. dollar in global financial markets and the expanding stablecoin ecosystem.
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Bitmine Buys $75 Million in Ether as Tom Lee Highlights Institutional Underweight
Bitmine has acquired $75 million worth of Ethereum while Tom Lee notes that institutions remain underexposed to crypto.
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Bitcoin's 44% gain in third quarter teases full-blown crypto bull run
Bitcoin surged by over 44% in the third quarter, sparking renewed discussions among market participants about the potential start of a major crypto bull run.
AI
We have lost control: Crypto pioneer warns AI could trigger systemic banking and infrastructure shocks
A prominent crypto pioneer has issued a stark warning that humanity has lost control over artificial intelligence, potentially sparking systemic banking and infrastructure crises.
Cyber
Crypto tech provider Haruko hit by cyberattack affecting 15 clients and causing fund losses
According to CoinDesk, crypto technology provider Haruko fell victim to a cyberattack impacting 15 clients and resulting in lost funds.
Cyber
Revolut Hackers Demand $3 Million in Monero and Threaten Customer Data Leak
Popular fintech platform Revolut is facing a major security breach as hackers demand a $3 million ransom in Monero.
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Circle debuts Arc blockchain which Jeremy Allaire calls more consequential than USDC
Circle CEO Jeremy Allaire has introduced the new Arc blockchain, describing it as even more impactful than the company's flagship USDC stablecoin.
Cyber
Hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
In a stunning display of DeFi protocol vulnerability, a hacker managed to mint billions in fake tokens using just a fraction of a dollar.
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Bitcoin gives back Monday's gains as Clarity Act odds fade on Polymarket
The leading cryptocurrency lost its recent momentum as prediction markets showed a declining probability for a key regulatory bill.
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Bitcoin Slides From Nearly $80,000 as Senate Votes on Clarity Act
The crypto market experiences fluctuations as Bitcoin retreats from near the $80,000 mark amid US Senate voting.
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Solana transactions just got more than 3 times bigger, giving an edge over Ethereum
Solana blockchain network has expanded its transaction size significantly, providing a new competitive edge over Ethereum.
AI
BIS warns AI capex arms race relies on opaque debt, posing systemic risks
The Bank for International Settlements has warned that the aggressive capital expenditure arms race in artificial intelligence heavily relies on opaque debt, creating systemic vulnerabilities.