New York Community Bancorp acquired the assets and liabilities of the collapsed Signature Bank during the regional banking turmoil last year. New York Community Bancorp (NYCB), which purchased the collapsed crypto-friendly Signature Bank last year, showed a massive drop in shares after the company reported it had incurred a $260 million loss in the fourth...Continue Reading

The authorities raised concerns about commercial crypto draining kits, which allow novice cybercriminals to arm up with sophisticated malware at no upfront costs. Singapore authorities issued a cybersecurity warning to citizens after taking notice of the rising use of cryptocurrency drainers or wallet drainers for stealing funds from investors across the ecosystem. The Singapore Police...Continue Reading

Some traders may have speculated on the price of the wrong token, while a 17-year-old trader claims to have raked in $1 million in airdrops of the real Jupiter token. A seven-year-old defunct Ethereum-based protocol may have briefly benefitted from the $700 million airdrop for Solana-based exchange aggregator Jupiter, due to a similar price ticker....Continue Reading

Binance claimed the information was a “negligible risk” to users, but an earlier GitHub takedown request said it was a “significant risk” to the exchange. Crypto exchange Binance has refuted a report claiming a “highly sensitive” cache of internal passwords and code had been exposed on GitHub for months — arguing the code was outdated...Continue Reading

The United States Department of Energy is collecting data on U.S. crypto miners’ energy consumption starting next week. The United States Department of Energy (DOE) is demanding crypto miners report their energy consumption for the next six months after concerns a recent increase in the price of Bitcoin (BTC) is leading to a rush of...Continue Reading

Solo Ether staking from home could cost upward of $70,000 but could help make Ethereum more valuable in the long run. Staking Ether (ETH) from home should be the “gold standard for staking,” and families should see it as a tool to create “atomic generational wealth,” notes an Ethereum core developer. “Setting up a home...Continue Reading

Two former hostages and families of victims killed in the Oct. 7 attacks are seeking damages from Binance, Iran anunder the United States Anti-Terrorism Act. Crypto exchange Binance, its former CEO Changpeng Zhao, along with the governments of Iran and Syria, have been named as defendants in a lawsuit filed by three families of victims...Continue Reading

Crypto lender Celsius’ exit from bankruptcy comes more than 18 months after it halted withdrawals, with creditors now set to get a share of $3 billion in crypto and fiat. Celsius has emerged from Chapter 11 Bankruptcy in the United States and is set to start distributing $3 billion worth of crypto and fiat to...Continue Reading

The price of Bitcoin dipped 2.5% after the Fed pressed pause on interest rates and dampened any hope of rate cuts next month. Bitcoin (BTC) stumbled on Wednesday after the United States Federal Reserve decided to leave interest rates unchanged, hosing down hopes for a potential rate cut in March. During the Federal Open Markets...Continue Reading

Global economies are tepid. Nonetheless, many buyers still believe Bitcoin will become an economic North Star. Its price will reflect their confidence. Regardless of any short-term pullback, Bitcoin will spend this year further cementing its reputation as digital gold. Indeed, just as it did in March 2023 during a narrowly avoided banking crisis, BTC will...Continue Reading