Category: crypto

French police arrested six suspects, including a minor, over the kidnapping of a magistrate and her mother in a cryptocurrency ransom plot. The victims were found alive without a ransom being paid after a police operation in southeastern France. The kidnappers demanded payment in cryptocurrency due to the victims’ family connection to a crypto startup.

Polymarket predicts a 27% chance that Donald Trump will launch a new cryptocurrency by the end of the year, based on his company’s Digital Token Initiative. Trump’s family has reportedly earned over $802 million from crypto in the first half of 2025, leading to concerns about potential conflicts of interest.

Finestel’s monthly report reveals that January’s Bitcoin rally ended with the loss of the $84k floor. Retail investors chased the ETF hype while smart money sold off, causing Bitcoin to crash. As smart money accumulated stablecoins and shifted focus, the market faced losses, with support at $75k-$77k and $84k as the trigger for risk-taking. Regulatory…

Two copy-and-paste mistakes led to the loss of $62 million in cryptocurrency in December and January, highlighting the growing security risks associated with basic wallet habits on Ethereum. Scams involving fake wallet addresses and signature phishing have become more prevalent due to low transaction fees, making it easier for scammers to target unsuspecting users.

Block Inc., led by Jack Dorsey, is planning to cut up to 10% of its workforce to improve efficiency. The move could affect around 1,000 employees following internal performance reviews. This decision is part of a broader effort to streamline operations and focus on higher-growth areas, including automation and productivity tools.

CoinShares research notes that quantum computing poses a distant but manageable security risk to Bitcoin, not an imminent threat. Only a small portion of Bitcoin is theoretically vulnerable to quantum attacks. Bitcoin can adopt quantum-resistant upgrades over time to adapt to potential threats, providing ample room for the network to evolve.

BitMEX co-founder Arthur Hayes challenged Multicoin Capital co-founder Kyle Samani to a $100,000 bet over the performance of Hyperliquid’s HYPE token. The proposal followed criticism from Samani over Hyperliquid’s structure. Hayes defended the project and proposed the bet, highlighting a growing debate in the crypto community.

Kris Marszalek, founder of Crypto.com, purchased the AI.com domain for $70 million in cryptocurrency. The site now offers personal AI agents with virtual computers for tasks like messaging, work management, and stock trading. The purchase marks the most expensive domain deal in history and positions AI.com as a leading consumer AI platform.

The February 5 crypto selloff was caused by multi-asset portfolio deleveraging, not specific crypto factors. The crash saw Bitcoin fall 13.2%, with IBIT recording high trading volume and ETF inflows. The selling pressure was driven by CME basis trades unwinding and structured products with barrier features, worsening the downside.

Tether has a diverse portfolio of 140 investments, including agriculture and a stake in Juventus. The stablecoin issuer plans to hire 150 new staff, focusing on building a global “freedom tech stack.” Political ties and valuation raise transparency concerns. Tether generates significant profits from USDT assets.