According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach.
Bitcoin news
Bitcoin transaction volume analysis hints that retail interest is slowly returning in line with BTC price upside.
BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21.
Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary.
The dodgy transaction happened just two months before the firm went bust in September 2022, says the Australian financial regulator.
Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse.
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.