Bitcoin speculators move 55K BTC to exchanges amid $1.1B liquidations
Bitcoin dipped below $81,000, sparking mass crypto liquidations as traders sent BTC to exchanges at a loss.
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Tech & Money Press
Markets, Crypto & Tech News for Traders
Tech & Money Press
Markets, Crypto & Tech News for Traders
Crypto
Dark web drug market operator sentenced to 40 years, forfeits $101 million in bitcoin
A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC.
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MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI
The bitcoin miner’s transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August.
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Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round
Meanwhile has signed 15 brokers serving high-net worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE.
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SIM-Swap Fraudster Who Spent Stolen Crypto on Gold Grills and Dubai Trips Jailed
Ajay Shinjin helped steal nearly $265,000 in crypto after criminals hijacked BT customers’ phone numbers in November 2021.
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Bitcoin, Ether ETFs’ October outflows swell toward $1B
Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
Read MoreLive updates: Bitcoin slips from day’s highs, set to close week with a loss
Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.
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New tech to power bitcoin lending is set to debut with $500 million in commitments
Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.
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Crypto projects apply for Anthropic’s new frontier AI security scanner
Anthropic’s new opt-in service promises vulnerability reports from its strongest AI models, including Claude Mythos.
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Trump administration outlines quantum, AI initiatives in $6B science push
The White House outlined a $215 million quantum computing competition and $2.4 billion in AI industry commitments as concerns grow over quantum threats to cryptocurrency security.
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