Author: CryptoHoppers

Coinbase has shared a security incident about cybercriminals bribing its overseas customer support agents to access user data. According to the company’s official statement, the breach affected less than 1% of monthly transacting users and did not expose passwords, private keys, or provide access to customer funds. The attackers attempted to extort Coinbase for $20 million to prevent the release of the stolen information. Instead, CEO Brian Armstrong announced that the exchange would establish a $20 million reward fund for information leading to the arrest and conviction of those responsible. Attackers target and compromise customer support The security breach happened…

Key Takeaways Avenir Group increased its stake in BlackRock’s iShares Bitcoin Trust to 14.7 million shares worth $691 million. Goldman Sachs remains the largest IBIT investor with 30.8 million shares after a 28% increase in holdings. Share this article Avenir Group, Asia’s largest Bitcoin ETF investor, increased its holdings in BlackRock’s flagship crypto fund, the iShares Bitcoin Trust (IBIT), during the first quarter of 2025, according to a new SEC disclosure.The Hong Kong-based institutional family office reported holding approximately 14.7 million IBIT shares valued at $691 million as of March 31, up from 11.3 million at the end of last…

Key NotesCoinbase CEO Brian Armstrong plans to hire former DOGE team members.The hiring process will be fast-tracked for eligible candidates.This follows Elon Musk’s move to distance himself from the DOGE advisory panel. Brian Armstrong, CEO of Coinbase, has announced that the exchange plans to hire former DOGE team members. He highlighted that these individuals can take advantage of an accelerated hiring process, offering them an opportunity to embrace their next challenge at Coinbase. Armstrong retweeted a widely circulated Fox News segment featuring 22-year-old Ethan Shaotran, a Harvard student and a member of Elon Musk’s Department of Government Efficiency (DOGE) team.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s breakout fizzles as Remittix enters the PayFi arena, sparking talk of 400x returns and threatening to outpace Ripple’s decade-long mission. XRP has just shattered its recent wedge pattern, igniting fresh excitement across the crypto space. This classic chart move could be the signal bulls have been waiting for, and if momentum holds, XRP might be gearing up for its next major rally. Traders are watching closely to see if this breakout has real legs, but the long-term outlook…

Key Takeaways Ethereum’s price surged nearly 50% to over $2,700 after the Pectra upgrade. Abraxas Capital acquired 211,030 ETH valued at approximately $477 million post-upgrade. Share this article Ethereum rallied nearly 50% to over $2,700 after the Pectra upgrade and is now around 6% below what it held when Eric Trump publicly promoted the asset, TradingView data shows.The president’s son voiced bullish sentiment toward Ethereum in a Feb. 3 post, tweeting, “In my opinion, it’s a great time to add $ETH. You can thank me later.” He later edited the statement to remove the last sentence.His post came on the…

Metaplanet’s BTC holding hit 6.79K, surpassing El Salvador’s 6.1K BTC.  The firm was about 30% away from its 10K BTC target by the end of 2025.  On the 12th of May, Japan’s Strategy, Metaplanet, announced an additional 1,241 Bitcoin [BTC] purchase, bringing its overall stash to 6,796 BTC. The BTC’s stash is worth over $700 million, based on current market prices.  Interestingly, Metaplanet has now flipped El Salvador’s holding, which was at 6,174 BTC (worth $642 million) per Bitcoin Office data.  Metaplanet’s BTC plan For comparison, El Salvador began its BTC acquisition plan in 2021, while Metaplanet jumped on the…

[…] Bitcoin has put up an impressive performance over the last few days. In fact, we are on the 6th day since the king crypto pumped past $100,000, a key psychological level. However, BTC is facing key resistance around the $105,000 level which is hindering a surge towards a new ATH.  […] Source link

Getting in on the next hot IDO should be simple. The team at Coin Terminal made the most open IDO platform in the marketplace. If you want to participate in IDOs with the lowest barriers to entry, Coin Terminal is the place to be. The IDO space is growing fast. What started as ICOs have become decentralized. An IDO is an Initial DEX Offering. In other words, with an IDO, you get to buy tokens on a DEX when they hit the market for the first time. The profits can be huge. Here is the situation – in the world…

CryptoQuant’s CEO says that Bitcoin is effectively a deflationary asset now that BTC is getting rapidly accumulated by Michael Saylor’s Strategy (MSTR). In a post on the social media platform X, Ki Young Ju tells his 422,200 followers that despite Bitcoin’s inflation, Strategy is now gobbling up coins at a quicker rate than what miners can produce. CryptoQuant’s data appears to show that when excluding coins held by MSTR, the supply of BTC has been going down since late last year. “Bitcoin is deflationary. Strategy is buying BTC faster than it’s mined. Their 555,000 BTC is illiquid with no plans…

In the next few days, the altcoin market is gearing up for a range of major events in the crypto space that could potentially influence price action and market sentiment. Here are just a few major token events to look out for in the week ahead. From token unlocks to project roadmaps, these altcoins are preparing to unveil a number of highly anticipated announcements that will keep traders on the edge of their seats and watching the charts closely. Here are a few altcoin announcements to keep an eye on in the following week: APT: 65m APT unlocked on May…