March 29, 2024

Web and Technology News

Bitcoin hits new all-time high of $72,700 but one index warns we’re in ‘extreme greed’ territory

The crypto scene continues to remain so hot that bitcoin is hitting one new high after another. It surpassed $72,700 on Monday. This was initially driven by the approval of spot bitcoin ETFs, but is now being pushed higher ahead of a “halving” event, w…

Bitcoin highs and dog-focused memecoins spike, while Binance launches a crypto perfume and Coachella partners with OpenSea

Welcome back to TechCrunch Crypto. It was an eventful week: bitcoin’s price hit a new high, Spain’s data protection authority banned Worldcoin and Binance raised eyebrows after making perfume.
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As spot bitcoin ETF volumes continue to rise, Bitwise Asset Management predicts a high ceiling for growth

The price of bitcoin hit $50,000 today, a month after the U.S. Securities and Exchange Commission approved 11 applications for spot bitcoin ETFs.
The issuers of those ETFs have seen demand skyrocket beyond initial predictions of a few billion. Assets u…

North Korea-backed hackers breached JumpCloud to target cryptocurrency clients

North Korean state-backed hackers breached U.S. enterprise software company JumpCloud to target its cryptocurrency clients, security researchers said on Thursday. JumpCloud, a directory platform that allows enterprises to authenticate, authorize and manage users and devices, said this week that a nation-state actor was behind a June breach of its systems that forced the company to […]

Federal court rules Ripple’s XRP token can be treated as a security… sometimes

The saga of Ripple Labs, the XRP token, and whether the sale of its crypto token constituted a securities law violation in the U.S. advanced today. In a ruling from the U.S. District Court of the Southern District of New York, Judge Analisa Torres gave a nuanced view on the matter. In summary, after examining […]

Federal court rules Ripple’s XRP token can be treated as a security… sometimes by Jacquelyn Melinek originally published on TechCrunch

Cybersecurity professional accused of stealing $9 million in crypto

The U.S. government accused a cybersecurity professional of hacking a cryptocurrency exchange and stealing around $9 million in cryptocurrency, in what looks like a case of an ethical hacker turning rogue, then trying to appear ethical again. In a press release on Tuesday, the U.S. Attorney’s Office of the Southern District of New York announced […]

Cybersecurity professional accused of stealing $9 million in crypto by Lorenzo Franceschi-Bicchierai originally published on TechCrunch