Bitget users withdrew over 4,000 bitcoins worth more than $334 million within one hour after the exchange reopened withdrawals following a $388 million hack attributed to North Korean cyberattack groups.
Bitget CEO Gracy Chen confirmed that cyber attackers originating from North Korea stole $388 million in digital assets from the cryptocurrency exchange, prompting suspended customer withdrawals and sparking renewed security scrutiny across the industry.
CFTC Chair Mike Selig claims that upcoming cryptocurrency regulations and federal registration tiers will protect digital asset spot markets and prevent a repeat of the FTX collapse.
A Charles Schwab survey reveals that U.S. investors intend to expand their cryptocurrency positions more than any other asset class, driven heavily by millennials and younger generations.
Bitcoin Magazine Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee Jack Dorsey’s Block is pushing so hard for bitcoin adoption, it gifted 1 BTC to a lucky conference attendee at this year’s ComplexCon in Los Angeles. The fintech giant attended the Complex Networks yearly event at the weekend in a bid to introduce…
Cryptocurrency card transactions hit a record $12.5 billion, surging 140% year-to-date. The milestone is driven by stablecoin adoption, cross-border transfers, and innovations from companies like Fold and Aven.
St. Cloud Financial Credit Union CEO Jed Meyer discusses how his institution became the first to hold authentic Bitcoin directly for members using a patent-pending hybrid custody framework.