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Bitcoin User Alleges Hack Linked to Erroneous 83.65 BTC Fee Incident – Bitcoin News

November 28, 2023

The crypto community was initially baffled by the massive fee of 83.65 bitcoin, originally attributed to a costly mistake. However, recent revelations paint a darker picture. According to a social media account on X called “@83_5BTC,” hackers stole the funds from the unnamed individual and immediately swept the bitcoin to a different wallet. Alleged Hacking Incident Tied to Bitcoin’s…

SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case – Bitcoin News

November 28, 2023

In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the…

Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop – Markets and Prices Bitcoin News

November 28, 2023

Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion.

7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week's Market Rallies – Markets and Prices Bitcoin News

November 27, 2023

In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which soared by a significant 72% this past week. 17 Crypto Assets Record Double-Digit Growth As of Sunday…

Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs – Markets and Prices Bitcoin News

November 27, 2023

Former NYSE President Tom Farley expects money to “flood” into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “It’s just easier to buy. People believe in bitcoin,” he emphasized, adding…

Nigeria Law Enforcement Nab Politician Who Laundered Funds Stolen From Crypto Exchange

November 27, 2023

Nigerian law enforcement recently arrested a politician who is accused of laundering digital funds that were stolen from Patricia Technologies in May. CEO Hanu Fejiro praised the politician’s arrest and said the recovered funds will “go a long way to soothe Patricia…

End of an Era: CZ Steps Down, SEC Names More 'Securities,' as US Crypto Crusade Continues — Week in Review – The Weekly Bitcoin News

November 27, 2023

Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng “CZ” Zhao, has stepped down as part of the plea deal. In other news, the U.S. Securities and Exchange…

Former Binance CEO CZ Seeks to Dismiss Government's Motion Blocking His Return to UAE Before Sentencing – Legal Bitcoin News

November 26, 2023

Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily…

Grayscale's GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits – Bitcoin News

November 26, 2023

On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last…

Filmmaker Makes Millions After Risky Dogecoin Bet Pays Off — Faces Netflix Lawsuit – Featured Bitcoin News

November 26, 2023

A U.S. filmmaker reportedly made a profit of more than $20 million from a bet on the cryptocurrency dogecoin. Netflix accuses the filmmaker of using funds meant for the production of a TV series to place risky bets on a biotech company, the S&P 500, and dogecoin. Rinsch Lost $5.9 Million in a Matter of Weeks Carl Erik Rinsch, a U.S. filmmaker who reportedly earned a profit of more than $20…