Crypto News
Ledger Co-Founder Freed After Being Kidnapped and Held for Crypto Ransom: Reports
French authorities freed Ledger co-founder David Balland on Wednesday, local outlets reported, following his abduction in an apparent crypto ransom scheme.Source link
Ranger Labs Raises $1.9M, Eyes AI-Powered Crypto Trading Products
The builders of Solana-based crypto derivatives exchange Ranger Protocol are jumping on the AI train, too, after raising $1.9 million from venture investors.Ranger's eponymous trading venue pools crypto perps (the most popular investment contract in DeFi for trading tokens like SOL) from multiple protocols to secure good deals for traders. Since launching in late December, it has facilitated $25 million in trades, a drop in the bucket of Solana's total perps landscape.The protocol is now planning to add new product lines that give customers access to AI-assisted trading strategies, co-founder Coby Lim told CoinDesk. A press release described vaults managed by AI agents who mix programmatic trading strategies with social media and data insights.DeFAI (a portmanteau of DeFi and AI)...
Bitcoin Surges Above $106K as BTC Reserve Hopes Grow Under Trump
Bitcoin is flying high Thursday as momentum builds around a potential strategic national BTC reserve under President Trump.Source link
Public Miners Surpass 35% of Bitcoin’s Total Hash Rate: MARA, CLSK and IREN Exceed 2024 Expansion...
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth. Miners Exceed 35% Network Share The following guest postSource link
WazirX Wins Approval From Singapore Court to Repay Users Following $230M Hack
Indian cryptocurrency exchange WazirX has won approval from the Singapore High Court to restructure after the $230 million hack last year.The High Court has allowed WazirX to convene a scheme meeting with users in a "significant step" towards distributing funds lost in the attack and reviving the platform's operations, the exchange announced via email on Thursday. Should the restructuring plan be approved, funds would then be distributed to creditors within 10 business days. WazirX was hacked by attackers by the North Korean group Lazarus in July, which over 45% of the exchange's $500 million in holdings stolen. Over the ensuing months, the hackers laundered their ill-gotten gains using privacy-focused crypto mixer Tornado Cash.The Court has found that there was no...