Today, large Japanese cryptocurrency exchange DMM Bitcoin reported a significant security breach resulting in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 p.m. and involved unauthorized access to the exchange’s wallet.

In an official statement, DMM Bitcoin said that measures have been taken to prevent further unauthorized access by imposing restrictions on certain services in attempt to enhance security. These restrictions include suspending new account openings, processing cryptocurrency withdrawals, and accepting new buying orders for spot trading. However, existing limit orders and withdrawals of Japanese Yen may experience…

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Yesterday, Nostr users from around the US came together at New York City’s premiere Bitcoin bar PubKey for Nostr Village, a mini-conference focused on the open protocol that enables global, censorship-resistant social media and more.

Who’s coming to #NostrVillage tomorrow?It’s a day of censorship resistant value for value creative expression and zaps, and it’s all happening at PubKey starting at 2 PM.Meet your favorite nostriches, and ask anything!Can’t make it for the whole event? Come by at 6 PM for… pic.twitter.com/SkCecbzJdR

— PUBKEY (@PubKey_NYC) May 30, 2024

The name of the conference included a nod to the neighborhood in which PubKey is located, New York’s historic…

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Yesterday, the Supreme Court of the United States issued two important cases which will likely have wide ranging impacts for Bitcoin and crypto. The decisions are National Rifle Association of America v. Vullo (NRA) and Cantero, et al. v. Bank of America, N. A. (Cantero).

In NRA, the Court addressed a critical issue impacting not only traditional advocacy groups but any disfavored, but legal, industry. This ruling draws parallels to Operation Choke Point 2.0, where U.S. regulators have allegedly been targeting crypto businesses through financial exclusion. Moreover, the recent Cantero decision sheds light on how this legal framework might impact Custodia Bank’s appeal against the denial…

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Charlie Shrem, once a rising star in the Bitcoin world, became the first prominent figure to face imprisonment due to his involvement in cryptocurrency. As the founder of BitInstant, one of the earliest and most influential Bitcoin exchanges, Shrem played a pivotal role in the early adoption of Bitcoin. However, his arrest in 2014 for money laundering linked to Silk Road transactions marked a significant turning point. 

The Rise of BitInstant

Charlie Shrem discovered Bitcoin during his senior year of college and quickly saw its potential as a revolutionary form of money that promised personal freedom, autonomy, and privacy. In 2011, he co-founded BitInstant with Gareth Nelson, creating a…

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BIGCAP COINS:

1. Pepe: Market Cap of $6.4 Billion.
2. Bitcoin: Market Cap of $1.3 Trillion.
3. Toncoin: Market Cap of $15.4 Billion.

MIDCAP COINS:

1. Notcoin: Market Cap of $1.2 Billion.
2. Minu: Market Cap of $2.1 Million.
3. Retik Finance: Market Cap of $164 Million.

RISING COINS:

1. Turbo: Market Cap of $523 Million.
2. MAGA: Market Cap of $660 Million.
3. Mog Coin: Market Cap of $548 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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