The post Ransomware Hacker Pleads Guilty After $15M Bitcoin Extortion Scheme appeared on BitcoinEthereumNews.com.
Key Takeaways Authorities said the cybercrime campaign collected roughly 1,610 bitcoin, with a Michigan company alone transferring 200 bitcoin after an attack. Meanwhile, the guilty plea requires more than $1.1 million in restitution, while sentencing could result in substantial prison time, fines, and supervision. Investigators from the FBI, the Justice Department, and Ukrainian authorities coordinated efforts, with sentencing expected after judicial review of the plea agreement. Ransomware Attacks Forced US Companies to Pay Bitcoin for Decryption Keys More than $15 million in bitcoin flowed from U.S. victims during a Ryuk ransomware campaign tied to Karen Serobovich Vardanyan, federal prosecutors alleged. The 34-year-old Armenian national, who was extradited from Ukraine, pleaded guilty July 8 to conspiracy and computer fraud after admitting his involvement in cyberattack
The post Bitcoin Treasury Companies Slow Buying as Market Value Drops appeared on BitcoinEthereumNews.com.
The post Bitcoin Treasury Companies Slow Buying as Market Value Drops appeared first on Coinpedia Fintech News The combined market value of Bitcoin treasury companies has fallen by more than $100 billion since October 2025, according to the source, while the value of their holdings declined from $396 billion to $272 billion. Despite the drop, their Bitcoin holdings increased from about 953,000 BTC to 1.14 million BTC. The slowdown in buying since … Source: https://coinpedia.org/crypto-live-news/bitcoin-treasury-companies-slow-buying-as-market-value-drops/
The post Former Meta Engineer Warns Quantum Computing and Miner Incentives Threaten Bitcoin appeared on BitcoinEthereumNews.com.
TLDR; Quantum computers could theoretically break Bitcoin wallet cryptography over time No developer community has a cohesive plan to address quantum threats yet Miner rewards keep shrinking as Bitcoin’s fee economy fails to materialize fully Governments unlikely to tolerate sovereign money system beyond their regulatory control A former Meta engineer has identified quantum computing and miner incentives as two ticking time bombs facing Bitcoin. The commentator, known as @techleadhd, argues both risks remain unresolved. He also challenges Bitcoin’s sovereignty claims amid ongoing government scrutiny. Despite these warnings, he stays confident in Bitcoin’s ability to endure future cycles. Quantum Computing Poses an Unaddressed Risk The first ticking time bomb involves quantum computing’s threat to wallet security. Powerful quantum machines could theoretically
The post Empery abandons part of Bitcoin treasury to tackle debt burden appeared on BitcoinEthereumNews.com.
Empery has sold 1,400 Bitcoin for about $87.1 million since May, using the proceeds to reduce debt, fund acquisitions, cover legal costs, and strengthen its cash position while scaling back part of its Bitcoin treasury. Summary Empery sold 1,400 BTC for $87.1 million to reduce debt and fund operations. The company now holds 1,514 BTC and about $73.9 million in cash. Capital B and Nakamoto are pursuing different Bitcoin treasury strategies through financing and refinancing. Bitcoin sales have strengthened Empery’s balance sheet According to Empery, the Nasdaq-listed company sold the 1,400 BTC between May 7 and July 10 at an average price of $62,200 per Bitcoin. The transactions generated approximately $87.1 million in gross proceeds, leaving the company with 1,514 BTC and roughly $73.9 million in cash as of July 10. Company filings show the proceeds are being allocated across sev
The post Bitcoin’s $64K rebound has three days before its next big challenge threatens to derail momentum appeared on BitcoinEthereumNews.com.
Bitcoin traded near $64,100 on Saturday as the clock ticked toward a key test for its rebound. June’s US consumer price index is due at 8:30 a.m. ET on July 14, leaving the market with about three days before the next major macro catalyst. The largest crypto asset had gained about 2.6% over seven days, according to CryptoSlate market data, but 24-hour volume was running 21% below its recent average. Bitcoin has rebounded, but buyers have yet to fully commit. The scheduled inflation report will hit a rates market that makes that gap harder to ignore. Futures-derived probabilities using CME FedWatch methodology put a 64.6% chance on the Federal Reserve holding its 3.50%-3.75% target range on July 29 and a 35.4% chance on a quarter-point hike. Markets put a 50.9% chance on rates rising to 3.75%-4.00% by September, with another 18.8% chance of a 4.0
Empery has sold 1,400 Bitcoin for about $87.1 million since May, using the proceeds to reduce debt, fund acquisitions, cover legal costs, and strengthen its cash position while scaling back part of its Bitcoin treasury. Bitcoin sales have strengthened Empery’s…
The collapse underscores the volatility risk in Bitcoin treasury models, highlighting the need for diversified assets and robust market strategies.
The post $1.5B Bitcoin treasury raise scrapped as SPAC vehicle loses its premium appeared first on Crypto Briefing.
The post Bitcoin Reclaims $64K as Spot ETF Flows Turn Positive After 8 Weeks appeared on BitcoinEthereumNews.com.
Bitcoin News Spot Bitcoin (BTC) exchange-traded funds have flipped back to net inflows, ending an eight-week outflow streak that had drained more than $8 billion from the products. Fund-flow data shows roughly $200 million entered US spot Bitcoin ETFs last week, the first positive weekly print in two months, led by a single-day intake of $265.7 million on Monday. Ether funds turned the same corner, absorbing $84.4 million in their strongest week since April. The reversal coincided with a roughly 3% weekly gain that carried BTC back above the $64,000 mark, hinting that institutional demand is stabilizing after a punishing quarter. Bitcoin has defended $64,000 for the better part of a day, extending a gradual recovery off the July 1 flush that briefly printed a multi-year low beneath $58,000. On-chain and order-flow data show the asset rebounded to reclaim $60,000, pushed to
