Day: April 24, 2025

ZKsync recovers $5M of stolen tokens after hacker accepts bounty offer

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The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract. The hacker agreed to accept a 10% bounty and return 90% of the remaining stolen tokens, transferring the ZKsync Security Council almost $5.7 million across three transfers on April 23. “We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline,” ZKsync Association posted to X on April 23, which was later reposted by ZKsync’s X account.…

Crypto exchange KuCoin enters crowded Thailand market

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Cryptocurrency exchange KuCoin is set to branch further into Southeast Asia, targeting the growing crypto market in Thailand.  KuCoin is planning to launch a crypto exchange platform offering digital assets and related products in the country, according to an April 23 announcement.  ERX Company Ltd, Thailand’s first Securities and Exchange Commission-supervised digital token exchange, has rebranded as KuCoin Thailand effective April 22, it stated.  The crypto exchange will operate under ERX, which recently received a crypto exchange license from the Thai financial regulator.  “We’re strengthening our ability to offer localized…

Ethereum Price Holds Ground After Surge — Consolidation or Reversal?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price started a fresh surge above the $1,750 resistance. ETH is now consolidating gains and might attempt to clear the $1,840 resistance. Ethereum started a fresh rally above…

Crypto users cool with AI dabbling with their portfolios: Survey

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A majority of crypto users are willing to allow artificial intelligence agents to manage part of their investment portfolios, according to the results of a recent CoinGecko survey. Among the 2,632 crypto participants surveyed, 87% said they would let AI agents manage at least a tenth of their crypto portfolio, CoinGecko’s April 23 report shows. Around half the respondents said they were willing to let an AI agent manage half their portfolio or less. “This suggests that despite having doubts as to how safe or secure AI agents are, crypto…

‘I’m sick’ — Scammers use AI, fake ID of crypto influencer to steal $4M

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The host of The Wolf Of All Streets podcast, Scott Melker, says he’s received word that his face and name are being impersonated by scammers, with at least one victim duped out of $4 million.  On April 23, the crypto investor said, “I’m sick,” reporting that he’d been contacted by a private investigator revealing that a client of his was scammed for $4 million by a Nigerian group using his name and face as bait.  “They’ve apparently scammed a number of people,” Melker said, adding, “They sent him a fake…

LAPD recovers $2.7M worth of Bitcoin miners stolen in airport heist

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The Los Angeles Police Department has recovered $2.7 million worth of Bitcoin mining machines it alleges were stolen by a crime ring in a heist at the city’s airport. The LAPD said on April 22 that detectives from its Cargo Theft Unit, along with the city’s Port Police, the railroad-based Union Pacific Police, and the city’s Airport Police, arrested Oscar David Borrero-Manchola and Yonaiker Rafael Martinez-Ramos over the thefts. Authorities claimed the pair are “prominent members” of a South American crime ring tied to the theft and sale of stolen…

Bitcoin Price Stabilizes After Surge — Is It Gearing Up for Another Leg Up?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term. Bitcoin started a decent…

Strike’s Mallers to head firm seeking superior Bitcoin play to MSTR

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Twenty One Capital, a new Bitcoin treasury company led by Strike founder Jack Mallers with the support of Tether, SoftBank and Cantor Fitzgerald, is looking to supplant Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.” Twenty One revealed it plans to launch with 42,000 Bitcoin (BTC) (worth $3.9 billion) with roughly 23,950 BTC coming from Tether, 10,500 BTC from Softbank and 7,000 BTC from Bitfinex, which will be converted into equity at $10 per share, according to an April 23 statement. The firm is…