Security News

Donald Trump’s presidency, starting in 2025, has fueled speculation within the cryptocurrency industry about his administration’s potential impact on digital finance. In an interview with Cointelegraph, Marcin Kaźmierczak, co-founder and chief operations officer at RedStone, suggested that the incoming Trump administration “could drastically propel” the expansion of decentralized finance (DeFi): “Such an administration could champion […]

Cryptocurrency exchange Gemini co-founder Tyler Winklevoss claims the damage caused by United States Securities and Exchange Commission (SEC) chair Gary Gensler to the crypto industry is irreversible as speculation mounts that Gensler may resign. “Let’s all be clear on one thing. Gary Gensler is evil,” Winklevoss declared in a Nov. 15 X post. “He should never […]

Tesla CEO and tech entrepreneur Elon Musk dismissed OpenAI CEO Sam Altman’s proposal to launch a cryptocurrency token in early 2018, warning that it could severely harm the reputation of the company, according to a recent court filing. “In January 2018, mere months after their September 2017 “enthusias[m],” Altman proposed a scamworthy “ICO,” or initial […]

The United States Commodity Futures Trading Commission (CFTC) has issued a notice, “clearing the way” for spot Bitcoin exchange-traded fund (ETF) options. Analysts are now speculating the products could be listed imminently. “Ball now in OCC’s court, and they are into it, so they’ll prob list very soon,” ETF analyst Eric Balchunas wrote in a […]

President-elect Donald Trump’s transition team is considering current and former Commodity Futures Trading Commission (CFTC) officials to chair the financial regulatory agency, according to Reuters News. The CFTC plays a crucial role in regulated cryptocurrency markets in the United States, second only to the Securities and Exchange Commission (SEC). Summer Mersinger, a Republican CFTC commissioner who […]

Ilya Lichtenstein, the hacker who stole billions worth of Bitcoin from the crypto exchange Bitfinex in 2016, was sentenced to five years in prison. Washington, DC, District Court Judge Colleen Kollar-Kotelly sentenced Lichtenstein in a Nov. 14 hearing after he pleaded guilty to conspiracy to commit money laundering in August 2023. In addition to jail time, Lichtenstein […]

Blockchain analytics firm Arkham Intelligence has started a points program to woo traders to its newly launched a cryptocurrency derivatives exchange, according to a Nov. 14 announcement. Traders can earn points from trading spot crypto and perpetual futures contracts, Arkham said. The program will last for 30 days and points will be convertible to Arkham’s native […]

Liquidators of the defunct crypto hedge fund Three Arrows Capital (3AC) are reportedly seeking to amend their claim against FTX, increasing it from $120 million to $1.53 billion. According to Bloomberg, 3AC’s liquidators allege that two weeks before the hedge fund collapsed, FTX liquidated and seized their assets on the platform to settle a $1.33 billion […]

In a breakthrough in the investigation of a $235 million hack on the WazirX cryptocurrency exchange, Delhi Police have arrested a man from Bengal suspected of involvement in the theft. According to a police chargesheet shared with Cointelegraph, the breach didn’t arise from internal system vulnerabilities but was executed through a fake account sold via […]

Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto. In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests […]