Crypto News

Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week

Ether's (ETH) recent rally to $4,780 has delivered a wealth of profits to several high-profile hackers, who have capitalized on the surge by offloading their ill-gotten gains.In three separate case, on-chain data, revealed by X account EmberCN, shows hackers strategically liquidated their ETH holdings for tens of millions in profit.The Radiant Capital exploiter, who the protocol alleges is a North Korean entity, drained around $53 million in assets from the DeFi protocol last October. They converted much of their haul into 21,957 ETH at roughly $2,414 per coin, only to sell 9,631 ETH for $44 million worth of stablecoins this week.They still control 12,326 ETH alongside the stablecoin proceeds, for a combined $101 million, around $48.3 million more than the...

CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 3.4% as Index Trades Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4261.62, up 1.0% (+40.35) since 4 p.m. ET on Thursday.Twelve of 20 assets are trading higher.Leaders: AVAX (+3.4%) and ADA (+3.4%).Laggards: ICP (-1.0%) and LINK (-0.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off

Bitcoin price stands at $119,128 with a market capitalization of $2.37 trillion, supported by a 24-hour trading volume of $63.34 billion. The day’s intraday range of $117,201 to $121,073 reflects a market in consolidation following a recent sell-off from August’s highs, as traders weigh directional cues from key technical indicators across multiple timeframes. Bitcoin TheSource link

Texan Authorities Seize $2.8M in Crypto from Alleged Ransomware Operator

Prosecutors claim that Ianis Aleksandrovich Antropenko deployed Zeppelin ransomware to attack individuals and organizations worldwide.Source link

Morning Minute: Another $700M+ Bitcoin TreasuryCo Is Born

ETH ETFs continue to see near-record inflows, and Hyperliquid is setting records in volume and fees.Source link