Author: driver789
JPMorgan confirmed the closure of Donald Trump’s accounts in 2021, a decision that prompted the politician’s family to explore digital assets, reports Fortune. Dan Wilkening, a former top executive of the largest US bank, confirmed the account closures in court documents. Previously, the financial institution had refrained from making official comments on the incident. In January, Trump filed a lawsuit against JPMorgan for $5 billion. He accused the organization of unlawfully terminating contracts and placing his family on an unofficial “blacklist.” The politician’s lawyers described the bank’s admission as direct evidence of the damage caused. JPMorgan representatives deemed the lawsuit…
Bitcoin futures positioning among non-commercial traders is swinging sharply toward net long exposure, a move technical analyst Tom McClellan (editor of The McClellan Market Report) says has arrived “with some urgency” in the latest weekly Commitment of Traders (COT) report and one that has coincided with notable market outcomes in prior, similarly extreme episodes. Sharing a chart of Bitcoin futures (price on a log scale) alongside non-commercial net positioning, McClellan argued that in Bitcoin’s case, large speculators effectively function as the “smart money” cohort, because the market lacks the typical commercial hedger presence seen in traditional commodity futures. “The non-commercial…
Vitalik Buterin has offered a sweeping reframing of how the crypto industry should think about security, arguing that the concept is inseparable from user experience and fundamentally rooted in aligning systems with human intent. Summary Vitalik Buterin argues that crypto security should be defined as minimizing the gap between user intent and system behavior. He says security and user experience are not separate fields, with security focused on high-impact, adversarial “tail risk” scenarios. Buterin advocates redundancy — such as simulations, multisig, and formal verification — over friction, stressing that perfect security is impossible. Vitalik Buterin reframes crypto security as an…
Key takeawaysUnlike phishing attacks that defraud victims quickly, pig-butchering scams build long-term emotional trust before introducing fraudulent crypto investment opportunities.From casual outreach and relationship building to fake profits, escalating deposits and blocked withdrawals, each step is carefully designed to deepen commitment.Blockchain security firm CertiK reported $370.3 million in scam-related losses in January 2026 alone, with social engineering tactics accounting for the majority.Authorities are targeting scam networks and laundering operations, yet cross-border jurisdictional issues and encrypted communications complicate crackdowns.Pig-butchering frauds involve a long-drawn, methodical approach in which scammers instill confidence in their targets and later exploit it for monetary gain. Over…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the course of the last few months, the Ethereum price has seen a lot of decline, struggling alongside Bitcoin as investors rush to offload their coins. These sell-offs have come in anticipation of lower price levels, and with the price continuing to dip further, it seems the investors who sold earlier were right. Even now, analysts continue to predict that the market decline will continue, with the likes of Ethereum expected to suffer major retracement before a bottom is established. Technical Patterns Show Where Ethereum Is…
AI trading bots are touted as smarter than humans in many ways, but they’re still vulnerable to fat-finger blunders just like us.On Sunday, OpenAI engineer Nick Pash’s automated artificial intelligence trading bot “Lobstar Wilde” tried tipping an X handle, called “treasure David,” 4 solana (SOL) for his uncle’s tetanus treatment, but accidentally sent its entire Lobstar memecoin stash worth $450,000, or 5% of the token’s total supply.“If he died tomorrow I would laugh. Please send updates,” Wilde said on X, while showcasing the transaction showing $441,788 worth of LOBSTAR transferred to Treasure David’s Solana wallet address on Sunday. Pash created…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Ethereum co-founder Vitalik Buterin has suggested using “transaction simulations” and other similar features to improve the user experience and security of Ethereum wallets and smart contracts. In a post to X on Sunday, Buterin argued that security and user experience are not separate fields, as both revolve around user intent — ensuring protocols are doing what users intend them to do. Source: Vitalik ButerinButerin said an intent-based security approach could involve designing systems that double-check user actions and could apply to Ethereum wallets and smart contracts, as well as more broadly to operating systems and hardware. “The user specifies first what action…
The bitcoin price fell more than 5% in the past 24 hours on Sunday evening, dropping below $65,000 as large holders moved coins onto exchanges and recent buyers sold at a loss, adding pressure to an already fragile market. Most of the price drop occurred within just two hours on Sunday evening. This marks Bitcoin’s first-ever stretch of six consecutive negative weekly closes, six straight closes below its 100-week moving average, and three consecutive closes beneath its 2021 high. The world’s largest cryptocurrency was trading near $64,500 at the time of writing, down roughly $3,500 on the day. The decline…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…