South Korea’s Jeonbuk Bank has entered a partnership with Ripple to implement the latter’s cross-border payment solution for business customers, including import-export firms, technology startups,
Tag: Bitcoin
Boltz Suspends Bitcoin Swap Service Amid AI-Assisted Attacks
Boltz has halted its Bitcoin swap service following sustained AI-driven attacks, citing an inability to mitigate ongoing infrastructure targeting. The suspension, announced on August 3,
Coldcard Wallet Incident Confirmed Losses Exceed $100 Million
Galaxy Research has confirmed that losses from the Coldcard wallet incident now exceed $100 million, with 1,596 Bitcoin stolen from 7,300 addresses across three major
FalconX Lays Off 10% of Workforce Amid Crypto Market Downturn
The digital asset prime brokerage FalconX has cut 10% of its global workforce and is overhauling its Singapore strategy, including reportedly withdrawing its license application
Suspected Fourth Wave of Attacks on Coldcard Bitcoin Wallets Underway, 449 BTC Swept
Blockchain researcher Alex Thorn has warned that approximately 449 BTC was swept from hundreds of Coldcard-generated Bitcoin addresses in under three hours, indicating a suspected
Bitcoin Treasury Company Strategy Sells $2 Billion in MSTR Shares, Uses Proceeds for Liquidity and Buybacks
A bitcoin treasury company, Strategy, has sold approximately $2 billion in MSTR shares between August 17 and 23, according to an 8-K filing submitted to
Coldcard Wallet Users Lose $90 Million in Bitcoin After Security Breach
A security breach at Coldcard has resulted in the theft of $90 million in Bitcoin, with users urged to move funds to centralized exchanges. Galaxy
US Spot Bitcoin ETF Inflows Surge to $2 Billion Amid Price Rally
A record $1.92 billion flowed into US spot Bitcoin exchange-traded funds (ETFs) during the week ending Friday, marking the strongest weekly performance for such products
Smaller Bitcoin Transfers Reach Pre-FTX Levels Amid Suspected Coldcard Hack
Bitcoin transfers of less than 1 BTC have surged to their highest daily level since November 2022, according to data from CryptoQuant, as concerns over
Coldcard Incident Sparks Record Fear in Bitcoin Community
The Bitcoin community is gripped by unprecedented anxiety following a security breach at Coldcard, with sentiment data pointing to a historic low in investor confidence.