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Author: CryptoPress

CoinDCX Confirms $16 Million USDT Loss from Retired Wallets Days After CEO Called Breach Reports a False Alarm

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CoinDCX confirmed a loss of 15.99 million USDT, roughly $16 million, from old deposit wallets linked to its July 2025 security incident. The exchange said an automated sweeping process failed, allowing user deposits to accumulate in vulnerable deprecated addresses, which it will fully absorb. CEO Sumit Gupta initially dismissed reports as a false alarm on X before the firm disclosed the operational loss. On-chain analysts traced the funds,...

Cryptocurrencies, Hacks, News, Wallets

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Crypto Markets Brace for US Q3 GDP and September PCE Inflation Data Next Week

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Crypto markets are heading into a critical macro week with the upcoming releases of the US Q3 GDP and September PCE inflation data. Traders and investors are closely monitoring these economic indicators to gauge the likelihood of the Federal Reserve’s next interest rate cuts. Macroeconomic volatility has historically driven sharp price fluctuations across Bitcoin and major altcoins as risk sentiment shifts. Cryptocurrency traders are...

Breaking, Cryptocurrencies, News

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Crypto Markets React as #EarningsSeason Kicks Off for Publicly Traded Web3 Companies

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Publicly traded crypto entities and Bitcoin miners are reporting their latest financial results during a critical period for digital asset markets. Investors are closely monitoring operational hashrates, treasury holdings, and transaction fee revenues to gauge corporate crypto health. Market analysts emphasize that institutional adoption and regulatory overhead remain key themes driving stock and token performance. As #EarningsSeason gets...

Breaking, Cryptocurrencies, News

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Binance Launchpool and Community Rally Behind #BinancePick Initiative

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The #BinancePick hashtag has generated significant traction across social media platforms, uniting retail traders and crypto enthusiasts. Market participants are actively discussing potential token listings, community governance votes, and upcoming platform integrations. Analysts note that community-driven campaigns often correlate with short-term surges in spot trading volume and speculative interest. The cryptocurrency community has...

Breaking, Cryptocurrencies, News

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Bitcoin Briefly Falls Below $80,000 as Longs Lose $404 Million in Four Hours

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Crypto longs accounted for $404.15 million of the $436.44 million liquidated in four hours on Saturday as Bitcoin briefly fell below $80,000. BitMEX co-founder Arthur Hayes said he dumped Maelstrom’s directional book, taking profits on ETH and other tokens amid dicey macro conditions. Spot Bitcoin ETFs recorded large outflows late in the week, including roughly $635 million on Thursday. Bitcoin briefly dropped below $80,000 on Saturday,...

Bitcoin, Crypto market, Cryptocurrencies, News

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