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Allbridge Recovers $465,000 Stolen in Crypto Exploit

Allbridge Recovers $465,000 Stolen in Crypto Exploit

Allbridge has recovered $465,000 worth of cryptocurrency stolen in a recent exploit, after the attacker apparently took the project's offer for a white hat bounty and returned the funds. The stolen funds were converted to Binance USD and used as compensation. Allbridge had previously offered the attacker a chance to escape legal repercussions and receive a bounty for finding vulnerabilities. The project has yet to publicly disclose the total amount stolen but blockchain security firms estimate it to be close to $550,000.

White House Asks Regulators to Enforce Crypto Rules Citing FTX Crises

White House Asks Regulators to Enforce Crypto Rules Citing FTX Crises

White House's Press Sec Karine Jean-Pierre said the administration is monitoring the FTX saga

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX pledges to compensate users affected by a $30 million hack, ensuring minimal impact and enhanced security measures, as part of a series of attacks on Justin Sun's entities.

White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules

White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules

The White House would bring in significantly more revenue over the next decade if the Biden Administration’s budget plan approved to ramp up the national budget.

Biden's Communications Director Restricted From Handling Crypto Firms

Biden's Communications Director Restricted From Handling Crypto Firms

President Joe Biden's communications director, Ben LaBolt, will be barred from handling matters related to any cryptocurrency or technology firms he previously represented, but he will be allowed to advise on crypto regulation. LaBolt has disclosed owning $50,001-$100,000 in Bitcoin and $15,001-$50,000 in Ethereum 2. The restrictions are in line with ethics rules followed by senior White House staff.

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.

BSV founder Craig Wright Clarifies Bitcoin's Original Intent and Critiques Misuse

BSV founder Craig Wright Clarifies Bitcoin's Original Intent and Critiques Misuse

Dr. Craig S. Wright criticizes misconceptions about Bitcoin's White Paper and its purpose, asserting it's a micropayment system, not digital gold, and highlights transaction costs impacting its utility.

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland’s Criminal Assets Bureau (CAB) has been given the go-ahead by the high court to seize Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer.

Cardano EUTXO Blockchain Upgrade Will Combine the Best Of Bitcoin and Ethereum

Cardano EUTXO Blockchain Upgrade Will Combine the Best Of Bitcoin and Ethereum

Cardano founder Charles Hoskins recently shared a file on his Twitter feed that outlined how the upcoming Goguen update will implement smart contracts using an extended UTXO purported to offer the best features of both the Ethereum and Bitcoin blockchain record keeping models.

Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC

Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC

The approval of Canadian-based Bitcoin ETFs has led many to wonder when the United States Securities and Exchange Commission (SEC) will approve one of its own. Currently, Anthony Scaramucci’s hedge fund, SkyBridge Capital, has tried its luck by filing a request with the SEC for a Bitcoin ETF.

The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks

The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks

Brian Brooks has affirmed that the OCC is not planning any ban or stringent regulation on Bitcoin or other cryptocurrencies.

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