Inside the $90M Nobitex hack: a layer-by-layer breakdown

Hacking group Gonjeshke Darande leaked sensitive user data. Israeli authorities arrested three citizens for spying for Iran. Past Nobitex transactions show signs of money laundering activity. The fallout from the Nobitex hack is expanding beyond missing funds. The $90 million breach of Iran’s largest cryptocurrency exchange, which took place on 18 June, has now been…

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Binance ties to Kenyan crypto board raise monopoly concerns: Report

Kenya’s crypto startups fear a Binance-linked lobby group could tilt new regulations in the exchange’s favor under the proposed VASP bill. News COINTELEGRAPH IN YOUR SOCIAL FEED Some crypto startups are raising concerns over Kenya’s proposed virtual asset service providers (VASP) Bill, warning it could hand outsized influence to a Binance-linked lobby group, potentially undermining…

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​​Bitcoin’s volatility drops to multi-year lows 

Once known for its extreme price swings, Bitcoin’s (BTC) volatility has reached its lowest levels in years. While it remains elevated relative to traditional assets, analysts and industry observers now note a significant shift in the asset’s behavior. IBIT vs SPY volatility. Source: @EricBalchunas A chart shared by Bloomberg’s Eric Balchunas reveals that the 60-day…

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