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Tag: News

Trust Wallet Launches Compensation Process After M Browser Extension Hack

Trust Wallet Launches Compensation Process After $7M Browser Extension Hack

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Security Breach Confirmed: Trust Wallet’s Chrome extension v2.68 contained malicious code, leading to $7 million in user losses. Compensation Underway: The company pledges full refunds and has opened a submission form for affected users. Industry Implications: Incident underscores risks in software updates and the need for enhanced supply chain security. Trust Wallet, a leading non-custodial cryptocurrency wallet, has...

Cryptocurrencies, Front page, News

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Record $27 Billion Crypto Options Expiry Passes with Minimal Volatility as BTC and ETH Hold Steady

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Record expiry: Around $27 billion in Bitcoin and Ethereum options expiredon Deribit, the platform’s largest ever. Breakdown: Roughly $23.6 billion in BTC options and $3.8 billion in ETH options, representing over 50% of open interest. Market reaction: Prices remained stable, with BTC around $88,000-$89,000 and ETH near $2,950-$2,980. Outlook: Removal of gamma hedging pressure could allow freer price movement into...

Breaking, News

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Trust Wallet Chrome Extension compromised in Major Breach

Trust Wallet Chrome Extension Compromised in Major Breach, Leading to $7M in User Losses

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Security Breach Confirmed: Trust Wallet identified a vulnerability in its Chrome browser extension v2.68, affecting desktop users and resulting in approximately $7 million in stolen funds. Reimbursements Promised: The company has committed to fully refunding all impacted users, prioritizing support and security enhancements. Update Urged: Users are advised to disable the affected version and update to v2.69 via the official Chrome...

Cryptocurrencies, Front page, Hacks, News

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Crypto M&A Hits Record .6 Billion in 2025 Amid Pro-Crypto Regulatory Shift

Crypto M&A Hits Record $8.6 Billion in 2025 Amid Pro-Crypto Regulatory Shift

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Crypto mergers and acquisitions reached a record $8.6 billion in 2025, nearly quadrupling the previous year’s total. The surge included 267 deals, an 18% increase from 2024, fueled by U.S. regulatory easing and compliance needs in Europe. Major transactions featured Coinbase’s $2.9 billion acquisition of Deribit and Kraken’s $1.5 billion purchase of NinjaTrader. The cryptocurrency sector saw unprecedented...

Cryptocurrencies, Front page, News

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Bitcoin Slips Against Surging Gold - Miner Capitulation Signals Potential Market Bottom

Bitcoin Slips Against Surging Gold as Miner Capitulation Signals Potential Market Bottom

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Bitcoin has fallen below $90,000, underperforming gold which hit a record near $4,450 amid geopolitical risks and rate cut expectations. Miner capitulation, marked by a 4% hash rate drop, historically signals bullish returns for Bitcoin, with VanEck noting positive 180-day forward returns 77% of the time during such periods. Despite crypto market outflows of $952 million last week, analysts see limited downside risk, with...

Bitcoin, Cryptocurrencies, Front page, News

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