Tag: Bitcoin
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Trust Wallet to Reimburse Users After Christmas Day Hack Sparks Insider Concerns
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$7 Million Lost in Extension Compromise Trust Wallet users lost around $7 million after a malicious exploit targeted the wallet’s browser extension on Christmas Day. The incident affected desktop users running Trust Wallet browser extension version 2.68, which was later confirmed to have been compromised. Trust Wallet acknowledged the breach in a post on X…
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Memecoins Slide From Holiday Highs to Year End Lows as Speculative Fever Cools
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Memecoins, once a symbol of retail enthusiasm and high risk trading, are ending the year on a subdued note. After peaking during the Christmas rally of 2024, the sector has seen a sharp reversal marked by falling prices, shrinking volumes and weakening investor participation. What was once a playground for fast money has become a…
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Solana TVL Slides to Six Month Low as SOL Faces Risk of Drop Towards $80
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Solana’s native token SOL has come under renewed selling pressure after onchain indicators pointed to weakening network activity and declining investor confidence. With total value locked falling to its lowest level in six months and technical charts flashing bearish signals market participants are increasingly questioning whether SOL could revisit the $80 to $90 range in…
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Crypto Groups Push Back on Citadel’s Call for Tighter DeFi Regulations
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DeFi Organisations Challenge SEC Recommendations A coalition of crypto organisations has criticised Citadel Securities’ request that the Securities and Exchange Commission impose stricter regulations on decentralized finance platforms dealing with tokenised stocks. The DeFi Education Fund, Andreessen Horowitz, the Uniswap Foundation and The Digital Chamber were among those signing a letter to the SEC on…
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Brazil’s Largest Private Bank Recommends Bitcoin Allocation for 2026
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Itaú Asset Management Suggests 1 to 3 Percent Portfolio Exposure Itaú Asset Management, the investment arm of Brazil’s largest private bank Itaú Unibanco, has recommended that investors consider holding between 1 percent and 3 percent of their portfolios in Bitcoin in 2026. The bank emphasises that Bitcoin can enhance portfolio diversification and serve as a…
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Pakistan Grants Binance and HTX Approval to Pursue Local Crypto Licences
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Pakistan has taken a significant step toward establishing a regulated digital asset sector as the Pakistan Virtual Assets Regulatory Authority (PVARA) issued no-objection certificates to the global exchanges Binance and HTX. The clearances allow both companies to begin the process of setting up locally registered subsidiaries while preparing for full licensing once the regulatory framework…
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Bitcoin Turns Volatile Ahead of ‘Tricky’ FOMC Decision as $93.5K Yearly Open Slips
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Bitcoin swung sharply on Wednesday as traders braced for unpredictable price action around the United States Federal Reserve’s latest interest rate announcement. The leading cryptocurrency briefly climbed above 94,500 dollars earlier in the week but failed to hold its footing, slipping below its key yearly open level of 93,500 dollars. At the time of writing,…
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Jack Mallers’ Twenty One Capital Debuts on NYSE With $3.9B Bitcoin Treasury
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Twenty One Capital, the Bitcoin-focused financial company co-founded by Jack Mallers, has officially begun trading on the New York Stock Exchange (NYSE) under the ticker XXI, marking one of the most significant Bitcoin-native listings in recent years. The debut follows the completion of its business combination with Cantor Equity Partners and has positioned the firm…
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Elon Musk’s Shift From DOGE to Bitcoin: How Fiat Systems ‘Orange-Pilled’ the Tesla Founder
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Elon Musk’s recent remarks on Bitcoin and its grounding in physical energy have ignited fresh debate across the crypto industry. The Tesla and SpaceX founder, who once championed Dogecoin, is now signalling a deeper appreciation for Bitcoin’s monetary design and its contrast with government-backed fiat currency. Musk Highlights Bitcoin’s Link to Energy In a discussion…
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Bitcoin Risks a Return to Low $80K as Traders Predict Further Declines
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Bitcoin hovered close to the crucial $90,000 level on Friday as renewed selling pressure pushed traders to prepare for a deeper correction. The move followed a sharp rejection at the 2025 yearly open, leaving the market searching for firm support. Traders Shift Focus to Levels Below $90,000 Bitcoin slipped nearly two percent from Thursday’s close,…