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Ilya Lichtenstein Admits Sole Responsibility for Bitfinex Hack

Ilya Lichtenstein Admits Sole Responsibility for Bitfinex Hack

Convicted in the Bitfinex hack case, Ilya Lichtenstein claimed he executed the cyberattack on the cryptocurrency exchange alone, without the involvement of his family or other accomplices. I have something to say#FreeRazzlekhan pic.twitter.com/9HIvOxcbgr — Ilya Lichtenstein (@unrealdutch) December 19, 2024 “I planned and executed the Bitfinex heist entirely by myself. I bear full responsibility for […]

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Bitcoin's Failure to Reach $100,000 Triggers $1 Billion in Liquidations

Bitcoin’s Failure to Reach $100,000 Triggers $1 Billion in Liquidations

On December 19, the volume of forced liquidations in the cryptocurrency market reached $1.01 billion, including $844 million in long positions, according to Coinglass. The current figures were surpassed by events on December 5 ($1.1 billion) and December 10 ($1.7 billion). Data: Coinglass. Altcoins accounted for three-quarters of all liquidations. Data: Coinglass. In a conversation […]

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Google Unveils Advanced AI Model Gemini 2.0 Flash Thinking

Google Unveils Advanced AI Model Gemini 2.0 Flash Thinking

Google has introduced Gemini 2.0 Flash Thinking, a new experimental AI model that “unlocks deeper reasoning capabilities and demonstrates its thoughts.” Just when you thought it was over… we’re introducing Gemini 2.0 Flash Thinking, a new experimental model that unlocks stronger reasoning capabilities and shows its thoughts. The model plans (with thoughts visible), can solve […]

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Craig Wright Receives Suspended Sentence for Contempt of Court

Craig Wright Receives Suspended Sentence for Contempt of Court

On November 19, a UK court sentenced Craig Wright to a 12-month suspended sentence for contempt of court. He is also required to pay approximately $180,000 in legal costs within 14 days. The decision by Judge James Mellor follows a complaint from the Crypto Open Patent Alliance (COPA) lawyers in response to another lawsuit by […]

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K33 Analysts Predict Bitcoin Bull Run Peak Date

K33 Analysts Predict Bitcoin Bull Run Peak Date

The average duration between the first and last ATH of a Bitcoin cycle is 318 days. If this pattern repeats, the next global peak will be reached on January 17, according to K33 Research. The average duration between the first and last all-time high of a cycle is 318 days. If that repeats in this […]

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Tornado Cash Co-Founder Seeks Dismissal of Charges

Tornado Cash Co-Founder Seeks Dismissal of Charges

Roman Storm, co-founder of the crypto mixer Tornado Cash, has requested a review of the denied motion to dismiss the case following a decision by the appellate court. In November, the U.S. Fifth Circuit Court of Appeals ruled that the OFAC exceeded its authority when imposing sanctions against the mixing service in 2022. Storm’s lawyers […]

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Nexus Supercomputer Attracts 1.5 Million Nodes

Nexus Supercomputer Attracts 1.5 Million Nodes

The decentralized supercomputer by Nexus has attracted over 1.5 million nodes from 187 countries during a five-day test. Last week’s testnet was a huge success. More than 1.5 million nodes joined and contributed compute. The testnet was also able to accommodate more than 100,000 nodes operating at the same time. pic.twitter.com/10JoxhApIq — Nexus (@NexusLabs) December […]

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North Korean Hackers Seize $1.34 Billion in Crypto in 2024

North Korean Hackers Seize $1.34 Billion in Crypto in 2024

Since the beginning of the year, hackers linked to North Korea have stolen crypto assets amounting to $1.34 billion, marking a record high, according to a report by Chainalysis.

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Uzbek Teen Detained for Cryptocurrency Exchange via Telegram

Uzbek Teen Detained for Cryptocurrency Exchange via Telegram

The Ministry of Internal Affairs of Uzbekistan has detained a 17-year-old resident of Bukhara for providing cryptocurrency exchange services on Telegram. This was reported by the press service of the department. According to the investigation, over a period of seven months, the teenager conducted more than 4,000 transactions on the Binance exchange, amounting to a […]

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Bitcoin ETF Assets Surpass Gold Funds

Bitcoin ETF Assets Surpass Gold Funds

The assets under management (AUM) of all American Bitcoin ETFs have exceeded $129 billion, surpassing the equivalent figure for gold exchange-traded funds. This was reported by Vetle Lunde, Head of Research at K33 Research. In the United States, Bitcoin ETF AUM has surpassed gold ETF AUM. Gold, with a 20-year head start, has been flipped. […]

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MARA Expands Bitcoin Reserves to $4.45 Billion, Hut 8 Reaches $1 Billion

MARA Expands Bitcoin Reserves to $4.45 Billion, Hut 8 Reaches $1 Billion

The mining company MARA Holdings has acquired an additional 15,574 BTC for a total of $1.53 billion at an average price of approximately $98,529 per coin. MARA raised $1.925 billion from 0% convertible notes in November and December. Using the proceeds from its zero-coupon convertible notes offerings, MARA has acquired 15,574 BTC for ~$1.53 billion […]

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Solana Dapps Revenue Hits Record $365 Million in November

Solana Dapps Revenue Hits Record $365 Million in November

The total fees generated by Solana applications in November reached a historic high of $365 million, with $106 million attributed to the “meme token factory” Pump.fun, according to data from Syndica. Data: Syndica. Pump.fun became the first in Solana to achieve a nine-figure income in a month. The figure could have been even higher if […]

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