Category: Bitcoin News

The Ethereum Foundation is sponsoring crypto security nonprofit Security Alliance (SEAL) to “track and neutralize” crypto drainers and other social engineering attackers targeting Ethereum users. SEAL said on Monday that it launched the “Trillion Dollar Security” initiative with EF to support these efforts after reaching out to EF late last year about funding security engineers to more closely track drainer development and protect against wide-scale attacks. The EF is now sponsoring a security engineer whose “sole mission” is to work with SEAL’s intelligence team to combat drainers targeting Ethereum users,…

Gemini’s decision to exit the United Kingdom, European Union and Australia to focus on the United States and Singapore has sharpened questions over whether the UK’s still unfinished rulebook is deterring even well‑regulated players the government hoped to attract.  In April 2022, then Chancellor Rishi Sunak said it was his “ambition to make the UK a global hub for cryptoasset technology,” unveiling Treasury measures, such as stablecoin regulation, and launching a Financial Conduct Authority (FCA) “CryptoSprint” to help firms invest in the country. However, in Gemini’s latest strategy update on…

A built-in messaging feature in the Phantom crypto wallet is drawing scrutiny from security researchers after an investor lost about $264,000 worth of Wrapped Bitcoin in what investigators described as a phishing attack enabled by address poisoning. Blockchain investigator ZachXBT shared blockchain data pointing to a victim losing 3.5 Wrapped Bitcoin (wBTC) in a suspected phishing attack tied to Phantom Chat. The data shows a transaction where 3.5 WBTC was transferred from address 0x85c to address 0x4b7 on Wednesday, flagged as a “high balance” address on blockchain intelligence platform Nansen.…

Bitcoin (BTC) has entered the “darkest days” of its bear market correction, based on a classic BTC price indicator hitting near four-year lows. Key takeaways: Bitcoin Mayer Multiple fell to 0.65, matching deep bear market lows in May 2022. A repeat of 2022 would see BTC drop further to as low as $40,000.  Mayer Multiple returns to May 2022 levels Bitcoin’s 45% crash from its $126,000 peak has placed onchain indicators in focus as market participants search for where BTC price is likely to bottom.  The Mayer Multiple is among…

Bitcoin sparked mass long and short BTC liquidations while staying rangebound around $70,000 as analysis predicted a local support retest. Bitcoin (BTC) eyed multiday lows into Tuesday’s Wall Street open as analysis warned that bears were trying to “regain control.” Key points: Bitcoin is setting up a support retest at the bottom of its local range, says analysis. Bears want “control” again, with liquidations impacting both long and short traders. An ongoing lack of demand is adding to Bitcoin bulls’ problems. Bears battle for local BTC price trend Data from…

Malicious MEV attacks pose a significant threat to traders on Ethereum. Our latest research shows that almost 2,000 sandwich attacks happen daily and more than $2 million is extracted from the network each month. Even traders who execute large WETH, WBTC or stable swaps remain at risk and can lose a substantial portion of their trades.  MEV thrives because of the transparent nature of blockchains, where transaction data is visible before transactions are executed and finalized. One path toward mitigating MEV is mempool encryption, particularly through the use of threshold…

Bitcoin’s sharp correction at the start of the month may represent a critical “halfway point” in the current bear market, according to Kaiko Research. Bitcoin (BTC) fell to $59,930 on Friday, marking its lowest level since October 2024, before the re-election of US President Donald Trump, according to TradingView data.  The decline suggests the market has moved out of the euphoric post-halving phase and into what Kaiko described as a historically typical bear market period that lasts about 12 months before a new accumulation phase begins. In a research note…

The United Kingdom’s financial watchdog has launched court action against cryptocurrency exchange HTX, alleging it illegally promoted crypto asset services to British consumers in breach of financial advertising rules. The UK Financial Conduct Authority (FCA) said it began proceedings against HTX and several related persons in the Chancery Division of the High Court in October 2025. In an update published Tuesday, the regulator said it received permission on Feb. 4 to serve the case outside the UK and by alternative means, noting that HTX (formerly known as Huobi Global) is…