Author: Kryptonews

US Treasury Secretary Scott Bessent is calling on the Senate Banking Committee to proceed with confirmation hearings for Federal Reserve chair nominee Kevin Warsh, despite a standoff over an ongoing probe into current Fed chair Jerome Powell. Speaking with Fox News’ Sunday Morning Futures, Bessent referenced recent pushback from Republican Senator Thom Tillis, who said he plans to stall on processing the next Fed chair until the Department of Justice (DOJ) probe into Powell is resolved. “Senator Tillis has come out and said he thinks that Kevin Warsh is a very strong candidate,” Bessent said, adding: “So I would say, why don’t we…

Just one victim lost $12.2 million in January by copying the wrong address from their transaction history in an “address poisoning attack,” adding to a similar $50 million attack in December, according to Scam Sniffer.Address poisoning is when attackers send small transactions, or “dust,” from addresses that look similar to those in the target’s transaction history, hoping the victim will copy the wrong address.Scam Sniffer added that signature phishing also surged recently, with $6.27 million stolen from 4,741 victims in January, a 207% increase compared to December.Two wallets accounted for 65% of all signature phishing losses.Signature phishing is slightly different…

Key NotesGemini exits UK, EU and Australia.It also reduces up to 200 employees (~25%).Gemini guided to ~$11,000,000 in pre-tax restructuring charges. Gemini Space Station Inc. approved a plan to exit the UK, the EU, and Australia and cut up to 200 jobs, equal to about 25% of global headcount, according to an official statement on Feb. 5, 2026. According to a recent SEC filing, Gemini informed regulators that it expects the wind-down plan to be completed in 1H 2026 and to book about $11,000,000 in pre-tax restructuring and related charges, with “substantially all” recognized in Q1 2026. The same filing…

Japan’s Nikkei 225 surged to a record on Monday, breaching the 57,000 level with a 3.4% gain following Prime Minister Sanae Takaichi’s decisive “supermajority” victory in the Sunday general election, according to Nikkei Asia. This political mandate signaled a green light for Takaichi’s aggressive expansionary fiscal agenda, which includes a massive $135 billion stimulus package aimed at revitalizing the economy through infrastructure spending and tax cuts. The “Takaichi Trade” sparked a global ripple effect, driving gold prices past the $5,000 per ounce milestone and pushing bitcoin to a brief peak of $72,000, before settling back above $70,000 during Asia morning…

Digital asset manager CoinShares has brushed aside concerns that quantum computers could soon shake up the Bitcoin market, arguing that only a fraction of coins are held in wallets worth attacking.In a post on Friday, CoinShares Bitcoin research lead Christopher Bendiksen argued that just 10,230 Bitcoin (BTC) of 1.63 million Bitcoin sit in wallet addresses with publicly visible cryptographic keys that are vulnerable to a quantum computing attack. A little over 7,000 Bitcoin are held in wallets with between 100 and 1,000 BTC, while roughly 3,230 Bitcoin are held in wallets with 1,000 to 10,000 BTC, equating to $719.1 million…

Bitcoin Price Rebounds 11% Above $65K: Who Is Buying the Dip?In an unexpected turnaround that caught bearish traders off guard, Bitcoin (BTC) has surged back by over 11%, climbing above the crucial $65,000 mark. After briefly dipping below $59,000, sparking fears of a prolonged downturn, the flagship cryptocurrency has reaffirmed its resilience and long-term bullish trajectory. This recent price movement has reignited retail and institutional interest, triggering renewed speculation about what’s driving this momentum and who is capitalizing on the opportunity to buy the dip.Analyzing the Price Rebound: A Confluence of CatalystsThe rebound in Bitcoin’s price isn’t occurring in a…

Crypto markets are adding to overnight gains in U.S. morning trade on Friday, with bitcoin BTC$72,063.41 climbing above $68,000, up nearly 17% since hitting $60,000 late yesterday.Bitcoin is now higher by 2.5% over the past 24 hours. Ether ETH$2,140.18 is up 2.2% and solana SOL$88.76 2%. Outperforming is XRP XRP$1.4610, which has climbed to $1.50, now higher by 17% over the last day.Crypto-related stocks are seeing major upside moves Friday after plunging in the previous session.Strategy (MSTR) — which reported a $14.2 billion fourth-quarter loss late Thursdy — is higher by 14%, though at $122, still lower by 22% year-to-date.…

Antonio Sanso, cryptography researcher at the Ethereum Foundation, is confident the blockchain will be quantum secure long before a quantum attack is even possible.”We as the Ethereum Foundation (EF) and Ethereum community are working massively on this topic,” he told Cointelegraph.“The research part is probably the part that has been already figured out. And we are starting with the execution phase of it. And we’re really confident we’re gonna meet the timeline and the deadline.”The EF has declared post-quantum (PQ) security a top strategic priority. On Jan. 24, it announced the formation of a Post Quantum team led by Thomas…

Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement.The US Federal Reserve is entering into a “gradual” era of money printing that will stimulate asset prices “mildly” but will not be as dramatic as the “big print” that many in the Bitcoin (BTC) community anticipated, according to economist and Bitcoin advocate Lyn Alden.“My base case is roughly in line with what the Fed expects: to grow its balance sheet approximately at the same proportional pace as total bank assets or nominal gross-domestic product (GDP),” Alden said in…

Jack Lang, the former French culture minister, stepped down as president of the Institut du Monde Arabe in Paris after his name surfaced in newly released Jeffrey Epstein files, according to the Guardian. Lang, who served two terms as culture minister under President François Mitterrand, resigned on Saturday amid mounting scrutiny. He had led the Institut du Monde Arabe since 2013. The immediate catalyst was a tranche of documents released by the US Department of Justice on January 30. In those files, Lang and his daughter, Caroline Lang, appear among hundreds of public figures whose names are connected in some…