Prosecutors in South Korea have reportedly lost $47 million worth of seized Bitcoin through a phishing attack and are investigating and tracking the theft. Authorities in South Korea have launched an investigation after millions of dollars worth of Bitcoin seized in a criminal case was reportedly stolen. Officials with the Gwangju District Prosecutors’ Office discovered...Continue Reading

Ethereum mainnet surpassed all layer-2 networks in daily active addresses in January, though security analysts attributed part of the spike to address poisoning attacks. Network activity on the Ethereum mainnet has now surpassed that on layer-2 scaling blockchains as gas fees remain low, though it may not all be organic users. Token Terminal said on...Continue Reading

Some Bitcoiners are “highly skeptical” that quantum computing is to blame for Bitcoin’s sideways price action, while others argue it’s a major issue. Bitcoin backers have minimized claims that fears around quantum computing being a threat to the cryptocurrency sooner than expected are dragging on its price. Glassnode lead analyst James Check said in an...Continue Reading

Circle CEO Jeremy Allaire says AI agents have no alternative to stablecoins and will conduct everyday activities with the tokens within as little as three years. Within three to five years, billions of artificial intelligence agents that can work without human input will use crypto and stablecoins for everyday payments on behalf of users, says...Continue Reading

Bitcoin derivatives markets show traders holding steady, but the path back to $95,000 relies on institutional inflows returning, especially after this week’s $1.58 billion outflow. Key takeaways: Bitcoin funding rates sit at 7%, showing bullish traders are still hesitant to increase leveraged positions. The spot Bitcoin ETFs saw $1.58 billion in outflows while gold hit...Continue Reading