Author: Kryptonews

An unidentified crypto investor has lost over $3 million in a highly coordinated phishing attack after unknowingly authorizing a malicious contract.On Sept. 11, blockchain investigator ZachXBT first flagged the incident, revealing that the victim’s wallet was drained of $3.047 million in USDC.The attacker quickly swapped the stablecoins for Ethereum and funneled the proceeds into Tornado Cash, a privacy protocol often used to obscure the flow of stolen funds.How the exploit occurredSlowMist founder Yu Xian explained that the compromised address was a 2-of-4 Safe multi-signature wallet.He explained that the breach originated from two consecutive transactions in which the victim approved transfers…

Bitcoin treasury companies are in vogue, and Africa has its first trading on the Johannesburg Stock Exchange. While the launch of Africa Bitcoin Corporation promises to attract billions of South African rand from capital markets, its founders believe Bitcoin’s impact on the continent remains in grassroots, retail adoption.South Africa’s Altvest Capital grabbed headlines as it rebranded to Africa Bitcoin Corporation (ABC), the first publicly-listed company actively building a Bitcoin (BTC)-based treasury on the continent. Africa Bitcoin Corporation has a lofty goal to raise $210 million to purchase BTC for its treasury. Source: ABCThe company has a long-term goal to raise…

TL;DR The Depository Trust and Clearing Corporation (DTCC), a US-based clearing and settlement organization, recently listed a few applications for digital asset exchange-traded funds. While many regarded the development as an almost guarantee that an SEC approval would follow soon, ETF experts rushed to clear the air. The organization’s eligibility list recently added the spot ETF applications that would track the performance of XRP, HBAR, and SOL. More precisely, the ETFs in question are Fidelity’s (FSOL), Canary’s (XRPC), and Canary’s (HBR). The tickers and details are added to DTCC’s system, showing brokers, exchanges, and market makers that they can process…

The Smarter Web Company, the United Kingdom’s largest corporate Bitcoin holder, is considering acquiring struggling competitors to expand its treasury, CEO Andrew Webley said.Webley told the Financial Times that he would “certainly consider” buying out competitors to acquire their Bitcoin (BTC) at a discount.According to BitcoinTreasuries.NET data, The Smarter Web Company is the world’s 25th biggest and the UK’s top corporate Bitcoin treasury. It currently holds 2,470 BTC worth nearly $275 million.The Smarter Web Company’s BTC holdings (orange) and BTC holdings USD value (green). Source: BitcoinTreasuries.NETThe Smarter Web Company’s CEO also said the company aspires to enter the FTSE 100…

The growing risk appetite among crypto investors has made new narratives more attractive. Several external factors could push certain narratives into the spotlight in 2025, even though they are currently under the radar. What are these narratives, and why do they matter? Are there risks for investors allocating capital into them? The following sections dive into the details. 1. Tokenized Gold CoinsSponsored Sponsored Gold prices in 2025 have continuously set new records. This trend creates a strong basis for tokenized gold projects to capture investor attention. Currently, the number of altcoins in this sector is still small. Coingecko lists fewer…

For the latest issue of Dazed, a British lifestyle and culture quarterly, artist Nan Goldin and Palestinian activist Mahmoud Khalil engaged in an extended discussion of Khalil’s experience during his 104-day ICE detention, the efficacy of activism and protest, and the ongoing conflict in Gaza. Perhaps the most eye-opening part of the exchange came toward the end, when Goldin and Khalil addressed what activists call the “Palestine Exception”—the belief that the US accepts free speech and protest on every issue except Palestine. In 2015, advocacy group Palestine Legal released a report documenting examples of the exception in academia and public…

Key Takeaways Bitcoin ETFs saw significant inflows of $552.7 million on September 11. Ethereum ETFs attracted $113.1 million in inflows on the same date. Share this article Bitcoin exchange-traded funds recorded $552.7 million in inflows on September 11, while Ethereum ETFs saw $113.1 million in inflows on the same day.The inflows represent investor purchases of the digital asset ETFs during the trading session. Bitcoin ETFs attracted nearly five times more capital than their Ethereum counterparts.Both crypto asset categories saw positive investor demand, with the combined inflows totaling $665.8 million across the two digital asset classes. Share this article

Key points:Bitcoin “shark” wallets have started buying the dip, adding 65,000 BTC to their holdings in just seven days.Short-term holders also cross a milestone, with the profit ratio of coins moving onchain flipping positive.Long-term holders have yet to return to net accumulation.Bitcoin (BTC) “conviction-driven” holders have bought 65,000 BTC in just seven days as price bounces from two-month lows.New research from onchain analytics platform CryptoQuant released Thursday shows Bitcoin “sharks” buying the dip.Bitcoin’s big players rethink distributionBitcoin wallets with a balance between 100 BTC and 1,000 BTC have wasted no time bagging coins at lower prices.CryptoQuant data shows that in…

XiuShan Mining, a leading global green cloud mining platform, has announced the launch of its VIP Club, offering exclusive benefits and a high-yield mining experience for high-end users. This program combines AI computing power allocation, customized investment plans, and prioritized profit settlement channels to create the industry’s first cloud mining club ecosystem integrating technology, finance, and high-end services.Exclusive Member BenefitsVIP Club members will enjoy a variety of exclusive services, including:High-yield computing power rewards: Prioritized allocation of high-performance computing resources in a dedicated computing pool, resulting in more stable and higher-return mining profits.Exclusive Global Mining Farm Experiences: Invitations to visit XiuShan…

Spot bitcoin BTC$114,924.26 exchange-traded funds (ETFs) in the U.S. added $552.78 million on Thursday, their fourth consecutive day of inflows.That’s the longest run since Aug. 28 and the joint-longest since the seven days ended Aug. 14, which coincided with bitcoin’s ascent to an all-time high of over $123,000. Wednesday’s $757.14 million net inflow was the largest for a single day since July 16, according to data tracked by SoSoValue. Spot ether (ETH) ETFs are also enjoying a run of inflows. Thursday marked a third straight day, and followed six consecutive days of outflows during which more than $1 billion was…