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Crypto

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

2 weeks ago by Crypto InsightsCrypto

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,813.14 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the… Read More

DeFi Hacks Surge After $280M Drift Protocol Exploit

DeFi Hacks Surge After $280M Drift Protocol Exploit

2 weeks ago by Crypto InsightsCrypto

At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1. Attacks aimed at crypto protocols or companies since the start of April include CoW Swap, Hyperbridge, Bybit, Dango, Silo… Read More

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

2 weeks ago by Crypto InsightsCrypto

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a… Read More

Cardano’s Hoskinson says Bitcoin’s quantum fix can’t save Satoshi Nakamoto’s BTC

Cardano’s Hoskinson says Bitcoin’s quantum fix can’t save Satoshi Nakamoto’s BTC

2 weeks ago by Crypto InsightsCrypto

Bitcoin’s core developers earlier this week proposed freezing 8 million coins to defend against quantum attackers. But Cardano founder Charles Hoskinson believes it still can’t save coins belonging to the network’s pseudonymous creator Satoshi Nakamoto, per a video posted to his YouTube channel late Wednesday.… Read More

South Korea to pilot blockchain deposit tokens for government spending in Q4

South Korea to pilot blockchain deposit tokens for government spending in Q4

2 weeks ago by Crypto InsightsCrypto

South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter as part of a broader push to modernize how public funds are managed. The ministry said the pilot to spend Treasury funds as digital currency… Read More

Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown’s Senate run

Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown’s Senate run

2 weeks ago by Crypto InsightsCrypto

A conservative U.S. political action committee backed by the Solana Policy Institute — the Sentinel Action Fund — has committed to a massive advertising spend on the political opponent of former Senator Sherrod Brown, a Democrat and prominent crypto skeptic who is trying to return… Read More

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