North Korea Blamed for Over 70% of Total Crypto Losses Crypto investors suffered losses exceeding $2.1 billion in the first half of 2025, making it the worst six-month period ever recorded for crypto-related security breaches. A total of 75 major hacking incidents were recorded, surpassing the previous H1 record set in 2022 by nearly 10%. The most alarming statistic? North Korean-linked cyber groups accounted for $1.6 billion of these thefts — more than 70% of all losses this year. Bybit Hack Becomes Largest Crypto Theft in History At the heart of the crisis is the $1.5 billion exploit of the…
Author: Blockto Team
Bitcoin hovers near $107,000 as the broader crypto market enters a brief correction phase, with XRP and Solana (SOL) leading the decline among major altcoins. The pullback follows a week of strong gains fueled by easing geopolitical tensions, ETF inflows, and growing regulatory clarity in Asia. Profit-Taking Hits XRP and Solana While the market sentiment remains broadly optimistic, investors have booked profits from recent altcoin rallies: Despite the retracement, these moves appear to be healthy consolidations rather than signs of trend reversal. Bitcoin Stable Amid Supportive Macro Backdrop Bitcoin (BTC) is trading at $107,338, just shy of its record high…
ACX Price Falls Amid Accusations of Insider Trading and DAO Abuse ACX token fell sharply on Friday, dropping over 10% after allegations surfaced accusing the Across Protocol team of DAO manipulation and insider trading linked to its Binance listing. The token plunged from $0.151 to a low of $0.134, with 24-hour losses exceeding 12.5%, and a monthly drop of over 41%, reflecting growing investor concern. Allegations Emerge Over Governance Misuse and Insider Wallets The controversy began with claims from a well-known industry participant that the Across Protocol team funneled approximately $23 million worth of ACX from the DAO treasury to…
SUI Price Action: Support Holds Near $2.60 Amid Institutional Interest SUI token recently rebounded from a critical support level of $2.58, signaling renewed investor confidence. After dropping from an intraday high of $2.70, the price formed a temporary bottom at $2.58, supported by an 18% increase in trading volume during the recovery phase. As of the latest session, SUI trades at $2.6481, marking a 2.03% decline over the past 24 hours but showing a steady rebound pattern. The asset fluctuated between $2.58 and $2.66, with repeated resistance near $2.66, confirmed by multiple price rejections during peak trading hours. Lion Group…
NEAR Protocol (NEAR) suffered a sharp 5% decline over 24 hours, falling from $2.16 to $2.06, as the altcoin market struggles to sustain its recent rally. Despite a temporary relief rally following geopolitical de-escalation between Iran and Israel, the broader market’s fragile sentiment triggered renewed selling pressure. NEAR Faces Heavy Selling Amid Bearish Sentiment The most intense wave of selling occurred between 13:36 and 13:51 on June 26, with NEAR plunging to an intraday low of $2.05 on a high-volume spike exceeding 154,000 tokens. This move extended the asset’s total trading range to $0.14, reflecting 6.55% daily volatility. A breakdown…
Bit Digital Shifts From Bitcoin Mining to Ethereum Staking Amid Market Reaction Bit Digital, once a prominent Bitcoin mining company, faced a sharp 15% drop in share price in just 24 hours after announcing a $150 million public offering and a strategic pivot to Ethereum staking. The company’s stock continued to slide throughout the week, recording a 19% drop over five days, closing at $1.99 on Friday. $150M Public Offering Sparks Investor Sell-Off On Thursday, Bit Digital revealed a public offering of 75 million ordinary shares at $2 each, aiming to raise $150 million. This dilution in share value, combined…
As Bitcoin (BTC) flirts with the $110,000 level, technical analysts are raising flags about a potential double top pattern—a classic bearish signal. However, according to Katalin Tischhauser, Head of Investment Research at Sygnum Bank, a 2022-style crash is unlikely without a dramatic “black swan” event. Double Top at $110K: Technical Warning or Overreaction? Bitcoin has traded between $100,000 and $110,000 for more than 50 days, forming what analysts interpret as a double top—two consecutive highs at similar levels, with a major low (around $75,000) between them. A break below this neckline could, in theory, trigger a steep fall—some estimates project…
Genius Group Lawsuits Could Unlock Billions and Fuel Bitcoin Accumulation Genius Group, an AI-powered edtech firm, has announced a bold plan to distribute proceeds from billion-dollar lawsuits directly to shareholders and use the rest to expand its Bitcoin treasury. According to the company’s press release, if both lawsuits succeed, Genius Group expects to reward shareholders with a $7 per share dividend and purchase 5,000 BTC using the remaining funds. $1 Billion Lawsuit Strategy to Benefit Shareholders and Bitcoin Holdings Genius Group’s legal action targets damages exceeding $1 billion. CEO Roger Hamilton emphasized that the lawsuits aim to recover damages caused…
Dogecoin Finds Key Support After 6% Pullback Dogecoin (DOGE) appears to be regaining traction after a sharp intraday decline. The popular memecoin dropped nearly 5.7% within 24 hours, touching a low of $0.158 before stabilizing. The pullback was largely driven by profit-taking and broader risk-off sentiment in the cryptocurrency market, triggered by geopolitical and macroeconomic uncertainties. However, buying interest surged at $0.158, creating a short-term support zone that has now become a focal point for traders. By the end of the trading session, DOGE had climbed back to $0.161, marking a 1.47% gain from its intraday low. Market Context and…
TRM Labs Suggests Link Between Cyberattack and Espionage ArrestsA recent report by crypto forensics firm TRM Labs has raised the “analytical possibility” that Israeli cyber units exploited internal data obtained during a $90 million hack on Iran’s largest crypto exchange, Nobitex, to identify and arrest individuals accused of espionage for Iran. The analysis follows the arrest of three suspects in Israel, accused of conducting intelligence-gathering and propaganda tasks for Iranian services. Two of the operatives reportedly received cryptocurrency payments for their missions. Crypto Payments Used in Covert EspionageTRM Labs highlighted the case of 28-year-old Dmitri Cohen, who was allegedly paid…