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Litecoin's Social Media Account Compromised in Latest Crypto Scam Attack
Litecoin's official X account was hacked to promote fraudulent cryptocurrency tokens on Solana blockchain, highlighting ongoing security challenges in crypto social media. The team quickly regained control and is implementing new security measures after the breach occurred through a compromised delegated account.
Kenya Reverses Course: New Legislation to Embrace Cryptocurrency Trading
Kenya's government announces plans to legalize and regulate cryptocurrency trading, marking a dramatic shift from its 2015 ban. The move comes as 10% of Kenyans already own digital assets, prompting officials to create a framework balancing opportunities with risk management.
Ethereum Surpasses Bitcoin in Long-Term Investor Retention
Latest data reveals Ethereum now leads cryptocurrency markets with 75.06% of its supply held by long-term investors, surpassing Bitcoin's 62.31%. This shift challenges Bitcoin's traditional dominance as the preferred store of value and signals growing confidence in Ethereum's technological foundations.
Ethiopia Emerges as Global Bitcoin Mining Powerhouse Through Clean Energy Innovation
Ethiopia has established itself as a major Bitcoin mining hub, generating $1 billion in mining profits by leveraging renewable hydroelectric power from its Grand Renaissance Dam. The state-backed operation now represents 2.25% of global mining capacity while providing a sustainable model for cryptocurrency production.
Kraken Leads FTX Recovery Effort with First Wave of Creditor Payouts
Cryptocurrency exchange Kraken has begun distributing funds to FTX creditors, marking the first major step toward compensating users affected by the 2022 collapse. The structured payout process includes incentives for affected users, though timelines vary based on claim size.
Babylon Labs Pioneers Zero-Knowledge Bridge Between Bitcoin and Cosmos
Babylon Labs unveils groundbreaking plans to connect Bitcoin with Cosmos using BitVM2 and zero-knowledge technology. The project aims to enhance Bitcoin's utility while maintaining security, building on the team's success in managing $5.5 billion through their staking protocol.
The $10 Million Ethereum Gamble: One Man's Life-Changing Cryptocurrency Journey
In 2016, Dan Conway risked his family's entire savings of $100,000 on Ethereum when it was just $14 per coin. His bold bet and subsequent $200,000 home equity loan led to a staggering $10 million windfall by 2018, forever transforming his life.
Standard Chartered Expands into European Crypto Market with Luxembourg Hub
Standard Chartered has launched cryptocurrency custody services in Luxembourg after securing a digital asset license, establishing its European crypto hub. The bank will initially offer Bitcoin and Ether custody, with plans to expand services while adhering to EU's MiCA framework.
Lost Bitcoin Fortune: UK Court Denies Man's £600M Landfill Search Quest
A High Court judge has rejected James Howells' legal bid to search a Newport landfill for a hard drive containing £598M worth of Bitcoin accidentally discarded in 2013. The ruling ends a decade-long battle to recover the digital fortune, with the court finding no reasonable grounds for the claim.