Why ‘wrench attacks’ on wealthy crypto holders are on the rise
Please bear with us as we address this and restore your personalized lists. Earlier this month French Interior Minister Bruno Retailleau vowed to bolster security around the country’s crypto executives and their families. The case in New York is the latest in a string of high-profile wrench attacks. Several have taken place in France, where thieves cut off a crypto executive’s finger.
CryptoNewsZ: Bitcoin, Altcoins, Crypto News & Updates
Local Bitcoin meetups, educational initiatives, and community-driven projects continue to emerge worldwide. The technology has also enabled innovative solutions for cross-border payments, charitable giving, and financial inclusion, particularly in regions with limited access to traditional banking services. U.S. stocks rose last week as Fed’s dovish stance and Trump’s tariff flexibility boosted sentiment. The recent significant depreciation of the U.S. dollar has become a key driver behind Bitcoin’s price increase. Fed holds rates steady, slows https://ai-robert.com/what-channel-is-abc-on-spectrum-2025-guide/ QT pace, igniting a rally in stocks and crypto.
Bitcoin led the altcoins, achieving $2.9 billion in inflows, significantly contributing to a record year-to-date (YTD) sum of $10.8 billion. In comparison, the total asset under management (AUM) temporarily peaked at an all-time high of $187.5 billion earlier in the week. The increase in digital asset inflows to $3.3 billion, according to CoinShares data, implies growing institutional and retail interest in crypto-related products.
- Bitcoin has surpassed its previous all-time high again, registering a new peak above $111,000 amid continued bullish momentum across the…
- The arrests were connected to an unsuccessful attempt by a masked gang to abduct the daughter and young grandson of a cryptocurrency chief in Paris on 13 May.
- Large holders are shifting from accumulation to distribution as market is in rangebound levels.
- In a blog post, Coinbase said the criminals had gained access to “less than 1%” of its customer data, which they then used to impersonate the firm and trick people into handing over their crypto.
- XRP is often used as a means of payment by financial institutions and other businesses, and it has gained popularity due to its perceived advantages over other cryptocurrencies, such as faster transaction times and lower fees.
Bitcoin price soars past $105,000 as the Fed says US banks can serve crypto clients
The country’s minister of state for blockchain and crypto announced the plans in the U.S. on Wednesday. Those funds will be stocked with coins forfeited to the federal government as part of criminal or civil proceedings. Meme coins are often used by speculators to make money or to allow fans to show support to a celebrity or moment in internet culture. “Coinbase will never ask for your password, 2FA codes, or for you to transfer assets to a specific or new address, account, vault or wallet,” it said. A report from research firm Chainanalysis suggests funds stolen from crypto businesses totalled $2.2bn in 2024. In a blog post, Coinbase said the criminals had gained access to “less than 1%” of its customer data, which they then used to impersonate the firm and trick people into handing over their crypto.
However, recoveries characterized the trading on Monday after President Trump delayed the implementation of the tariff on the EU until July 9. Latest crypto news today, analysis, and investment verdicts on Bitcoin, Dogecoin, Ripple, Diem, Ethereum, Monero, Litecoin, Dash, NEM and more cryptocurrencies. The financial products to be launched by Trump Media & Technology Group, owner of the Truth Social platform, and its partners will include digital assets as well as stocks with a “Made in America focus”. This week, Trump’s media company announced plans to launch exchange traded-funds (ETFs).
