Over 400 JavaScript packages compromised by Shai Hulud malware, raising urgent security concerns for crypto developers A new NPM supply-chain attack has targeted hundreds of JavaScript packages, including at least 10 widely used in the cryptocurrency ecosystem, notably those linked to Ethereum Name Service (ENS). The malware, dubbed Shai Hulud, is a self-replicating worm capable of stealing credentials from infected developer environments, intensifying concerns about crypto software security. Scope of the Attack Cybersecurity researcher Charlie Eriksen of Aikido Security identified over 400 infected NPM packages, validating each to avoid false positives. The affected libraries include high-download packages such as ENS’s…
Author: Blockto Team
Despite sharp declines in MSTR shares, Michael Saylor’s Bitcoin strategy continues to deliver strong long-term gains MicroStrategy (MSTR), the Nasdaq-listed company led by Michael Saylor, has faced a turbulent stretch in the markets, with its stock down nearly 60% over the past year and over 40% year-to-date. While this decline has raised questions about the viability of its high-conviction Bitcoin strategy, a closer look at the company’s digital asset holdings shows continued profitability and a long-term performance that surpasses many top tech equities. Bitcoin Holdings Cushion Stock Declines Data from BitcoinTreasuries.NET indicates that MicroStrategy purchased Bitcoin at an average price…
Steep Futures Unwinding May Signal a Reset Before a Potential Bullish Reversal Bitcoin’s derivatives market has undergone a significant reset over the past month, with open interest sliding sharply as the cryptocurrency works through its latest correction. Analysts now suggest that the steep decline in leveraged positioning may be setting the stage for a more sustainable recovery. Data tracked over the past 30 days shows the largest drop in Bitcoin open interest of the current cycle, with levels falling by roughly 1.3 million BTC. At current prices near the $87,500 range, the notional value of that reduction is estimated at…
Revealing User Country Without Opt-Out Draws Criticism From Industry Figures A new location-display feature introduced on X has triggered strong reactions across the crypto community, with several prominent industry figures warning that the update could expose users to unnecessary privacy risks. The platform now publicly shows the country an account is based in, a change that many argue was rolled out without sufficient user control or transparency. X’s product team described the update as a tool to improve platform integrity and help users verify the origins of online conversations. But within hours, privacy-focused users, developers, and crypto founders raised concerns…
A malformed transaction exposed a long-standing software bug, fracturing the Cardano network and prompting a federal investigation Cardano faced one of its most serious disruptions in its eight-year history after a deliberately crafted transaction triggered a chain split on Nov. 21, exposing a software flaw dating back to 2022. The event caused temporary network fragmentation, exchange suspensions, and a sharp 16% drop in ADA’s price, while sparking controversy over the decision to involve federal law enforcement. How the Chain Split Unfolded According to ecosystem incident reports, the disruption began around 08:00 UTC when a malformed delegation transaction bypassed validation checks…
Unexpected shutdown of Jack Mallers’ accounts renews scrutiny over alleged regulatory pressure on crypto-linked businesses The sudden closure of Strike CEO Jack Mallers’ personal accounts at JPMorgan Chase has intensified industry-wide concerns about crypto debanking in the United States. Mallers revealed that his accounts were terminated without warning and without a clear explanation — raising new questions about whether informal regulatory pressure on banks is still influencing decisions behind the scenes. Crypto Banking Access Under Pressure Mallers disclosed on X that JPMorgan had shut down his accounts last month, describing the move as “bizarre,” especially considering his family’s long-standing relationship…
Thailand’s largest crypto exchange eyes a $200 million raise amid Hong Kong’s growing appeal as a digital-asset hub Thailand-based crypto exchange Bitkub is reportedly evaluating an initial public offering (IPO) in Hong Kong, signaling a major strategic shift as the company seeks a more supportive capital market environment. Sources familiar with the discussions say the listing could target around $200 million, positioning Bitkub among the next wave of Asian digital-asset firms looking to access regional investor demand. Bitkub Turns to Hong Kong for Expansion Founded in 2018, Bitkub has grown into Thailand’s largest cryptocurrency exchange, recording over $60 million in…
Analysts Say Easing Liquidations and Rising Fed Cut Expectations Could Support Further Upside Bitcoin is showing renewed signs of strength after briefly dipping near the $82,000 level, with several market analysts now pointing to improving conditions that could help extend the recovery. Over the past week, heavy selling across risk assets eased notably, allowing the cryptocurrency to climb back toward the upper-$86,000 range. After a turbulent two-week stretch, analysts say shifting expectations around U.S. monetary policy are playing a crucial role in stabilizing sentiment. Fed rate-cut odds, which fell sharply last week, have rebounded toward 70%, adding support for risk-on…
U.S. Bitcoin Funds Log Fourth Straight Week of Withdrawals Amid Fragile Market Conditions The U.S. spot bitcoin ETF market continued to contract last week, extending its streak of negative flows as investors navigated heightened volatility and a rapid pullback in digital asset prices. New data shows that spot bitcoin ETFs saw more than $1.2 billion in net outflows, marking the fourth consecutive week of redemptions and reinforcing concerns about weakening sentiment. Weekly figures indicate that total outflows reached approximately $1.22 billion, pushing the four-week combined total to over $4.3 billion. While there were instances of buyers stepping back in—most notably…
Hedera Regains Momentum After Sharp Downtrend Hedera Hashgraph (HBAR) staged an impressive rebound, climbing back toward the $0.15 level after briefly dipping into a major demand zone. The move follows a week of heightened volatility across the crypto market, with altcoins attempting recovery from deep corrections. HBAR Rebounds From Key Support Zone On the daily chart, HBAR bounced from a critical demand region between $0.13 and $0.14, an area that has historically generated aggressive buy-side interest. The chart shows the candle wick dipping into the lower boundary before recovering sharply, suggesting that buyers aggressively defended this structural support. BitXJournal Technical…