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Christmas Day Crypto Heist: $500K Stolen Through Compromised X Accounts
A hacker orchestrated a sophisticated $500,000 cryptocurrency theft on Christmas Day by compromising high-profile X accounts to promote fraudulent meme coins. The attack involved phishing scams targeting over 15 prominent accounts through fake copyright notices, highlighting growing security concerns in social media and crypto.
Crypto Market Balance: Altcoin Season Index Holds at 51, Signaling Mixed Momentum
The cryptocurrency market's Altcoin Season Index maintains a neutral position at 51, suggesting a balanced trading environment between Bitcoin and alternative cryptocurrencies. This steady reading indicates sustained momentum in the altcoin sector while reflecting mixed market sentiment, with neither Bitcoin nor altcoins establishing clear dominance.
Interpol Issues Global Arrest Warrant for Cryptocurrency Founder Richard Heart Amid Tax Fraud Allegations
Interpol has issued a Red Notice for Richard Schueler (aka Richard Heart), founder of Hex and PulseChain, following Finnish authorities' allegations of tax fraud and assault. The notice comes amid an ongoing SEC lawsuit claiming Schueler raised over $1 billion through unregistered cryptocurrency offerings.
Montenegro Court Rejects Do Kwon's Appeal, Setting Stage for US or South Korea Extradition
Montenegro's Constitutional Court has unanimously rejected Terra founder Do Kwon's appeal against his extradition ruling, leaving the final decision to the Justice Minister. The high-profile case could see Kwon face charges in either the US or South Korea for the $34 billion collapse of TerraUSD and Luna tokens.
North Korean Hackers Behind $308M DMM Bitcoin Exchange Heist, FBI Confirms
The FBI has linked North Korean hacking group 'TraderTraitor' to a massive $308 million cryptocurrency theft from Japanese exchange DMM Bitcoin. The sophisticated attack, which began with a malicious Python script targeting a partner company's employee, marks one of 2024's largest crypto heists.
Altcoins Surge While Bitcoin Stalls in Year-End Market Rally
Major altcoins like Ethereum, Solana and XRP posted significant gains of 4-7% while Bitcoin traded sideways at $95,000. The divergence comes as MicroStrategy adds another 5,262 BTC to its holdings amid intense trading activity and liquidations across crypto markets.
Bitcoin Surges Past $98,500 in Spectacular Christmas Rally, Lifting Entire Crypto Market
Bitcoin leads a remarkable holiday season surge, approaching the $100,000 milestone with a 5.65% gain while triggering $40 million in short liquidations. Major altcoins join the rally with Ethereum, XRP, and Solana posting significant gains, outperforming traditional markets.
Coinbase Forecasts Five Major Crypto Trends Shaping 2025
Coinbase's latest market outlook report identifies stablecoins, asset tokenization, ETFs, DeFi, and regulatory changes as key drivers of crypto's future. The analysis reveals significant growth in stablecoin adoption and predicts transformative developments that could define the industry's trajectory for decades.
UAE Emerges as Global Crypto Giant with $40 Billion Bitcoin Holdings
The United Arab Emirates has established itself as a major cryptocurrency player, accumulating $40 billion in Bitcoin as part of its strategic push to become a global crypto hub by 2025. With a 42% increase in crypto investments and the launch of new initiatives, the UAE is reshaping the digital asset landscape.