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A fresh report by the Korean Center for International Finance (KCIF) states that South Korean nationals who invest in overseas stocks have increasingly pivoted to crypto-tied shares, particularly stablecoins. Retail Korean investors purchasing U.S. big tech shares dropped from a monthly average of $1.68 billion between January and April to $440 million in May, the…

BitMEX co-founder Arthur Hayes has executed an aggressive $8.4 million crypto buying spree over the past 24 hours, accumulating 1,500 ETH worth $6.35 million alongside substantial positions in blue-chip DeFi tokens, including LDO, ETHFI, and PENDLE. Source: Arkham The strategic purchases come as Ethereum breaks through the psychological $4,000 barrier after seven previous rejections, with…

A new ransomware-as-a-service group called Embargo has laundered approximately $34.2 million in crypto since emerging in April 2024, primarily targeting US healthcare facilities through sophisticated attacks that demand ransoms up to $1.3 million. TRM Labs research identifies the group as a potential rebrand of the defunct BlackCat operation, with notable victims including American Associated Pharmacies,…

Bitcoin advocate Samson Mow has suggested that Ethereum’s latest rally could be setting up a reversal, with capital eventually flowing back into Bitcoin. Key Takeaways: Samson Mow claims ETH’s rally is driven by BTC holders rotating into Ethereum, with plans to shift profits back to Bitcoin. He warns ETH faces strong selling pressure near its…

BNB Network Company (BNC) has purchased 200,000 BNB tokens for $160 million, establishing itself as the world’s largest corporate holder of Binance Coin following a landmark $500 million private placement led by 10X Capital and YZi Labs. The acquisition transforms the Nasdaq-listed company into a crypto-first treasury operation focused exclusively on BNB as its primary…

Ethereum (ETH) has rallied 1.45% over the last 24 hours to $4,313.21, extending its 7-day and 30-day gains. The second-largest crypto has surpassed Mastercard with a nearly $520 billion market cap, driven by surging trading volumes. ETH has become the 22nd largest asset by market cap. It is currently trading at $4,312 at press time,…

An Ethereum developer known pseudonymously as “Fede’s Intern” says he has been detained in the Turkish city of Izmir over allegations that he helped people “misuse” the blockchain network. The claim, which he denies, has sparked calls for transparency and due process from the crypto community. In a series of X posts, Fede’s Intern said…

Cryptocurrencies surged on Monday, lifting the total market value nearly 2% to $4.13 trillion, as Bitcoin climbed close to a fresh all-time high and Ethereum’s rally gathered momentum. Bitcoin rose 3% to $121,900, extending gains from the weekend. Ether added 1.5% to $4,295, capping a week in which it jumped 20% on surging institutional demand….

The crypto market is showing bullish signals, with the total crypto market cap up 2% to over $4.1 trillion. Bitcoin surged 3.3%, crossing $122K and sitting just 1% shy of its all-time high as it continued weekend rally, while Ethereum climbed for a second straight day, hitting its highest level since late 2021 at over…

ALL4 Mining has launched an innovative mobile application that provides a new way for cryptocurrency holders to increase their value. Through this application, users can convert their digital assets such as XRP, BTC and DOGE into daily passive income, thereby obtaining a more stable cash flow in the cryptocurrency market. In this rapidly developing digital…