South Korean crypto exchange Bithumb has begun legal proceedings to recover 7 Bitcoin still missing from a payout error that saw 620,000 BTC mistakenly distributed during a promotional event in February. The exchange has …
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Caroline Ellison made a ‘fatal mistake’ that triggered the total collapse of FTX, Zhao says
by adminby adminBinance founder Changpeng Zhao (CZ) says Sam Bankman-Fried asked him for “a couple of billion dollars nonchalantly, as if he were asking for a bologna sandwich” during the phone call that preceded Binance’s attempt …
Standard Chartered has put a $500,000 Bitcoin price target on the table for 2030, and the market nudged higher in response – BTC climbing roughly 100 basis points to $67,500 as the forecast circulated. …
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Here’s What Researchers Are Doing to Protect Bitcoin From Quantum Threats
by adminby adminRather than requiring changes to Bitcoin’s core rules, the approach lets users opt into quantum-resistant protection at the contract level. Blockstream Research has deployed what it says are the first transactions on a live …
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Ripple Brings Crypto Capabilities to Treasury Management Systems
by adminby adminRipple has added digital asset capabilities to its treasury management platform, allowing corporate finance teams to hold, track and manage cryptocurrencies and fiat balances within a single system, the company said. According to a …
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Davinci Jeremie Behind ‘$1 BTC’, Now Says Sell Your Bitcoin Crypto
by adminby adminDavinci Jeremie, the Chilean software developer who became a crypto legend by urging followers to buy Bitcoin at $1, has reversed course and is now warning investors to sell their holdings. The shift is …
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Prediction market platform secures license to offer margin trading to institutional investors
by adminby adminPrediction market platform Kalshi has been cleared to offer margin trading to professional clients, a move designed to make its platform more appealing to institutional investors. The license, granted to Kalshi’s affiliate Kinetic Markets, …
Key initiatives aimed at quantum-proofing the world’s largest blockchain
Quantum computers capable of breaking the Bitcoin blockchain do not exist today. Developers, however, are already considering a wave of upgrades to build defenses against the potential threat, and rightfully so, as the threat …
Selloff likely as demand falters and ‘real’ interest rates surge
Bitcoin BTC$67,446.83 has jumped 2% this week, but shaky demand-supply dynamics and rising “real” interest rates could limit the rally. Last week, CoinDesk noted that inflows into spot ETFs have cooled, pointing to renewed …
Binance Australia Fined $6.9 Million for Misclassifying 85% of Derivatives Users
The Court said the losses were worth more than $8.2 million. According to reports from March 27, the Federal Court of Australia has imposed an A$10 million (appr. $6.9 million USD) civil penalty on …