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Ether slides to start the week after hitting a fresh record near $5,000

cnbc.com Tanaya Macheel 2025-10-27 08:09:16

Ether tumbled to start the week, erasing gains from its Jackson Hole rally after hitting a fresh record over the weekend. On Monday, the price of the second largest cryptocurrency fell 8% to $4,431.60, according to Coin Metrics. On Sunday, it rose to an all-time high of $4,954.81, after hitting an earlier record Friday for the first time since 2021. Meanwhile, bitcoin fell 2% to $110,531.00, its lowest level since July. The flagship cryptocurrency hit its most recent record of $124,496 on Aug.

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Ether pulls back to start the week after hitting a fresh record near $5,000

cnbc.com Tanaya Macheel 2025-10-28 04:32:44

Ether is pulling back to start the week, after hitting a fresh record over the weekend. On Monday, the price of the second largest cryptocurrency fell 4% to $4,631.61, according to Coin Metrics, trading off its lows of the day. On Sunday, it rose to a fresh record of $4,954.81, after hitting an earlier all-time high Friday for the first time since 2021. Meanwhile, bitcoin was little changed at $112,488.80. Over the weekend, it dropped to $110,779.01, its lowest level since July 10. The flagshi

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Ether erases gains from Jackson Hole rally after hitting a fresh record over the weekend

cnbc.com Tanaya Macheel 2025-10-29 01:33:29

Ether is pulling back to start the week, after hitting a fresh record over the weekend. The price of the second largest cryptocurrency fell 6% to $4,548.32 on Monday, according to Coin Metrics. On Sunday, it rose to a fresh record of $4,954.81, after hitting an earlier all-time high Friday for the first time since 2021. Meanwhile, bitcoin was last lower by more than 1% at $111,501.74. Over the weekend, it dropped to $110,779.01, its lowest level since July 10. The flagship cryptocurrency hit i

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Ether rises to a fresh record, bitcoin erases gains from Jackson Hole rally

cnbc.com Tanaya Macheel 2025-10-28 22:28:39

Ether rose to a new record over the weekend, after hitting an all-time high Friday for the first time since 2021. The price of the second largest cryptocurrency rose as high as $4,954.81 on Sunday afternoon. It was last higher by less than 1% at $4,776.46. Meanwhile, bitcoin at one point erased all the gains from its Friday rally, falling as low as $110,779.01, its lowest level since July 10. It was last trading lower by nearly 2% at about $112,000. The flagship cryptocurrency hit its most rec

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US sanctions Grinex crypto-exchange, successor to Garantex

bleepingcomputer.com Unknown 2025-11-12 20:46:59

The U.S. Department of the Treasury has announced sanctions against Grinex, the successor to Russian cryptocurrency exchange Garantex, which was previously sanctioned for helping ransomware gangs launder their money. A TRM Labs report, released in April, revealed that Grinex has strong ties to Garantex's previous operations, but stopped short of providing evidence that it was being used for illicit transactions. Grinex was promoted on Telegram channels linked to Garantex soon after U.S. author

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US govt seizes $1 million in crypto from BlackSuit ransomware gang

bleepingcomputer.com Unknown 2025-11-20 03:18:34

The U.S. Department of Justice (DoJ) seized cryptocurrency and digital assets worth $1,091,453 at the time of confiscation, on January 9, 2024, from the BlackSuit ransomware gang. The authorities tracked the crypto as the cybercriminals moved it repeatedly across virtual currency exchange accounts, depositing and withdrawing it to obfuscate the trace. Eventually, the amount was frozen when it reached a cooperating exchange. The action was made possible thanks to evidence collected by the U.S.

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Someone Just Sold Their 2011 Bitcoin for a 17 Million Percent Profit

futurism.com Unknown 2025-12-27 06:18:36

A mysterious Bitcoin account has cashed out a cache of cryptocurrency they originally bought for $54,000 — but which, after HODLing for 14 long years, is now worth an astronomical $9.5 billion, for a staggering profit of over 17 million percent. Bitcoin whales, meaning accounts that hold on to substantial sums of crypto for long periods at a time, have been making moves as of late, Tom's Hardware reports, reaping enormous returns as crypto markets reach all-time highs. Just last week, a differ

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Spanish police arrest five over $542M crypto investment scheme

news.ycombinator.com Unknown 2026-01-03 03:19:31

Spanish law enforcement arrested five people suspected of running an international cryptocurrency investment fraud scheme that laundered more than €460 million ($542 million) from over 5,000 victims worldwide, according to a statement from Europol. The suspects, based in Madrid and the Canary Islands, allegedly operated a global network of accomplices who collected money through cash deposits, wire transfers and cryptocurrency transactions. According to Spain’s Guardia Civil, the criminal ring

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US passes first major national crypto legislation

feeds.bbci.co.uk Unknown 2026-01-06 12:17:14

US passes first major national crypto legislation 43 minutes ago Share Save Natalie Sherman BBC News Share Save Getty Images Lawmakers in the US have passed the country's first major national cryptocurrency legislation. It is a major milestone for the once fringe industry, which has been lobbying Congress over regulation for years and poured millions into last year's election, backing candidates that included Donald Trump. The bill sets up a regulatory regime for so-called stablecoins, a kind

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From Bitcoin to XRP: Key cryptocurrency terms and what they mean

feeds.bbci.co.uk Unknown 2026-01-16 20:27:58

From Bitcoin to XRP: Key cryptocurrency terms and what they mean 3 hours ago Share Save Liv McMahon, Joe Tidy & Brandon Drenon BBC News Share Save Getty Images Bitcoin's price reaching a new high of $120,000 (£89,000) - buoyed by US President Donald Trump's crypto-friendly stance - has kept the buzzy world of cryptocurrencies in the spotlight. But it also contains confusing terms such as ETFs, blockchains and cold wallets, that can make the topic somewhat tricky to navigate. Worry not. If you

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Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

cnbc.com Tanaya Macheel 2026-01-23 12:48:04

The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart. Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia -led rally in equities helped push the price of the cryptocurrency higher into the stock market close. The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of $111,999. The flagship cryptocurrency has been trading in a tig

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Elon Musk Calls the U.S. Dollar ‘Hopeless,’ Says His America Party Will Embrace Bitcoin

gizmodo.com Luc Olinga 2026-01-30 12:58:25

As details about his new political venture begin to emerge, Elon Musk has confirmed that the “America Party” will embrace Bitcoin, a move that solidifies the party’s anti-establishment and tech-centric identity. The world’s richest man made the revelation on his social media platform, X, signaling a potential new frontier for cryptocurrency in American politics. The exchange unfolded after Musk positioned his new party as a home for centrists and voters disillusioned with the traditional two-pa

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AT&T rolls out Wireless Account Lock protection to curb the SIM-swap scourge

arstechnica.com Unknown 2026-02-06 08:28:27

AT&T is rolling out a protection that prevents unauthorized changes to mobile accounts as the carrier attempts to fight a costly form of account hijacking that occurs when a scammer swaps out the SIM card belonging to the account holder. The technique, known as SIM swapping or port-out fraud, has been a scourge that has vexed wireless carriers and their millions of subscribers for years. An indictment filed last year by federal prosecutors alleged that a single SIM swap scheme netted $400 milli

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Europol helps disrupt $540 million crypto investment fraud ring

bleepingcomputer.com Unknown 2026-02-13 03:20:58

Spanish authorities have arrested five individuals in Madrid and the Canary Islands, suspected of laundering $540 million (€460 million) from illegal cryptocurrency investment schemes and defrauding more than 5,000 victims. The law enforcement operation was supported and coordinated by Europol and investigators from Estonia, France, and the U.S. (Homeland Security Investigations – HSI). The investigation into the fraud ring started in 2023 On the day of the arrests a cryptocurrency expert was

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Low-wage tech support workers become a new gateway for cyberattacks

techspot.com Skye Jacobs 2026-03-01 02:53:00

Editor's take: As businesses increasingly rely on outsourced tech support to cut costs, the risks associated with these operations are coming into sharper focus. The threat is no longer just about technical vulnerabilities; it's about the people behind the screens, and the growing pressure they face from both economic hardship and sophisticated cybercriminals. Hackers are increasingly turning the very systems designed to help customers – outsourced tech support and call centers – into powerful

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Low-wage support workers become a new gateway for cyberattacks

techspot.com Skye Jacobs 2026-03-01 08:53:00

Editor's take: As businesses increasingly rely on outsourced tech support to cut costs, the risks associated with these operations are coming into sharper focus. The threat is no longer just about technical vulnerabilities; it's about the people behind the screens, and the growing pressure they face from both economic hardship and sophisticated cybercriminals. Hackers are increasingly turning the very systems designed to help customers – outsourced tech support and call centers – into powerful

Topics: attackers coinbase cryptocurrency hackers support
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US recovers $225 million of crypto stolen in investment scams

bleepingcomputer.com Unknown 2026-03-03 17:33:01

The U.S. Department of Justice has seized more than $225 million in cryptocurrency linked to investment fraud and money laundering operations, the largest crypto seizure in the history of the U.S. Secret Service. The state's investigators used blockchain analysis to trace the funds stolen from over 400 victims, which were then laundered through a complex network of cryptocurrency addresses to obscure their origin. "The complaint alleges that the cryptocurrency addresses that held the over $225

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DOJ seizes record $225 million in crypto tied to global 'pig butchering' scams

cnbc.com Mackenzie Sigalos 2026-03-05 17:51:16

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called "pig butchering" scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas. "Thi

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Hacker steals record $1.46 billion from Bybit ETH cold wallet

bleepingcomputer.com Unknown 2025-11-09 14:41:59

Cryptocurrency exchange Bybit revealed today that an unknown attacker stole over $1.46 billion worth of cryptocurrency from one of its ETH cold wallets. "The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the correct address while altering the underlying smart contract logic," Bybit explained. "As a result, the attacker was ab

Topics: bybit cold cryptocurrency eth incident
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