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Cryptocurrency scammers have impersonated Australian police and exploited government infrastructure to pressure victims into handing over their digital assets, the Australian Federal Police (AFP) said Thursday.The AFP said scammers used the local cybercrime reporting tool ReportCyber to submit reports about their targets. At a later time, they contact the victims posing as police and inviting them to check the report on government websites, lending credibility to the scammers.In one case, the scammers warned the victim that they would be contacted by a representative from a crypto company, who would also provide information to prove their legitimacy. This second caller then…
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%.Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF).Ark frequently snaps up large amounts of company shares when the price appears to be temporarily depressed. CRCL slid to $86.30, the lowest close since June 5, after its steepest single-day drop since a 16% fall on June 27.The fall in Circle’s share price coincided with the USDC issuer reporting third-quarter…
A coordinated attack on Hyperliquid wiped out nearly $5 million from the protocol’s Hyperliquidity Provider (HLP) vault, when an unknown trader burned through $3 million in capital to manipulate the POPCAT market and trigger cascading liquidations. Blockchain analytics company Lookonchain shared on Thursday that it all started when the attacker withdrew 3 million USDC (USDC) from the OKX crypto exchange and split the funds into 19 fresh wallets. The trader then funneled the assets into Hyperliquid to open over $26 million in leveraged longs tied to HYPE, the platform’s POPCAT-denominated perpetual contract. After this, the trader built a $20 million buy wall…
Taiwan is preparing to issue a report on its Bitcoin holdings, signaling that officials are weighing whether the country should follow the United States in creating a national Bitcoin reserve.Zhuo Rongtai, premier of the Republic of China (Taiwan), said the country is preparing a report to assess the total amount of Bitcoin (BTC) confiscated by domestic agencies.The report will be issued before the end of the year, said Rongtai during a legislative general fiscal inquiry meeting with the Finance Committee on Tuesday. When asked about the fate of the confiscated Bitcoin, legislator Ge Rujun proposed that Taiwan’s government “hold it unchanged”…
[PRESS RELEASE – Willemstad, Curaçao, November 13th, 2025] Whale.io has unveiled its Weekend Sale campaign for Crock Dentist NFTs, set to begin this Friday and run through the weekend until Monday, November 17, 2025. During this limited period and offer a 50% discount on NFT minting for Whale users, reducing the standard price from 500 USDT to 250 USDT per NFT. The campaign follows the launch of the Crock Dentist NFT collection last month, which saw over 300 NFTs minted to date and active trading on secondary marketplaces. In late October, the first airdrop was completed, distributing approximately $5,000 worth…
Key NotesBitcoin rebounded 4% as crypto market momentum stabilizes.James Wynn faced another string of liquidations after risky leverage trades.Analyst says market is cooling, not collapsing, signaling a mid-cycle reset. The crypto market kicked off the week with a sharp rebound as Bitcoin BTC $106 164 24h volatility: 4.0% Market cap: $2.12 T Vol. 24h: $70.75 B surged nearly 4% on Nov. 10. Amid the upswing, crypto trader James Wynn, known for his aggressive trading style, was liquidated 12 times in just 12 hours. According to data shared by Lookonchain, Wynn’s trading account is now left with just $6,010 after repeated…
Bitcoin’s price struggled to regain momentum last week, hovering just above the $100,000 threshold after a turbulent start to November. The entire market sentiment is somewhat fragile following heavy selling pressure from large holders, and on-chain data points to major whale movements that may be adding to the downtrend. High-profile entities, including the Winklevoss Twins’ Gemini Custody wallets and early Bitcoin miner Owen Gunden, have surfaced as key players in this wave of transactions that could be influencing Bitcoin’s recent price action. Winklevoss Twins Move Millions In BTC From Gemini Custody According to blockchain data, wallets linked to Winklevoss Capital…
DeFi Staking vs. Yield Farming: What’s the Difference?
Acting Chair of the US Commodity Futures Trading Commission (CFTC) Caroline Pham is in talks with regulated US crypto exchanges to launch leveraged spot crypto products as early as next month.In a Sunday X post, Pham confirmed that she is pushing to allow leveraged spot crypto trading in the US and that she is in talks with regulated US crypto exchanges to launch leveraged crypto spot products next month.Pham also confirmed that she continued meeting with industry representatives despite the government shutdown. The regulator is also currently considering issuing guidance for leveraged spot crypto products.The news comes after the CFTC…
Trump’s tariff payout plan sparks brief crypto rally. Bitcoin hits $105K; Ethereum rebounds above $3,600. ETF inflows signal tentative institutional re-entry. President Trump’s Sunday announcement promising at least $2,000 in tariff-funded payouts to most Americans jolted crypto out of its weekend doldrums. Bitcoin rocketed to $105,000 while Ethereum climbed back above $3,600, as traders suddenly rediscovered their appetite for risk assets. The CoinDesk 20 index snapped its brutal 15% weekly decline with the prospect of fresh stimulus money potentially flowing into digital currencies. However, beneath the rally lies a sobering truth: Congress must approve the plan, the Supreme Court is…
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