china China Broadens Cryptocurrency Ban, Declaring All Transactions Illegal China's central bank officially outlaws all cryptocurrency transactions, citing financial disruption and crime risks. The sweeping crackdown causes immediate drops in Bitcoin and other digital currency values.
poly network Hacker Returns Stolen $600 Million in Historic Crypto Heist Reversal The anonymous hacker behind the massive Poly Network cyberheist returns almost all of the stolen $600 million in digital assets. The attacker claims the exploit is purely a demonstration of the platform's vulnerabilities rather than an actual theft.
poly network Poly Network Recovers Most of Record $600 Million Crypto Heist Hackers return nearly all of the $600 million stolen from decentralized finance platform Poly Network in a historic cyber heist. Only $33 million remains frozen, while a portion of the returned funds stays locked in a multi-signature wallet.
poly network Poly Network Exploit Exposes Critical Flaws in Cross-Chain Crypto Bridges A massive cyberattack on Poly Network allows hackers to steal over $600 million by exploiting vulnerabilities in cross-chain smart contracts. Security researchers break down the technical mechanics behind this historic decentralized finance heist.
poly network Poly Network Hacker Returns Stolen Cryptocurrency Funds The hacker behind the massive Poly Network exploit begins sending back hundreds of millions of dollars in stolen digital assets. Experts suggest the attacker acts as a white-hat hacker aiming to expose security flaws rather than steal for personal gain.
cryptocurrency Hackers Return Stolen Funds After Record $600 Million Crypto Heist Cybercriminals exploit a vulnerability in Poly Network to steal $600 million in cryptocurrency but begin returning the funds due to blockchain transparency.
cryptocurrency Crypto Scammers Exploit Investor FOMO to Steal Millions Cybercriminals are increasingly targeting cryptocurrency investors by preying on their fear of missing out on massive digital coin gains. These sophisticated scams drain digital wallets and leave victims with devastating financial losses.
infrastructure bill Trillion-Dollar Infrastructure Bill Directs Billions Toward Tech and Broadband The Senate passes a massive infrastructure bill that allocates $75 billion to broadband, cybersecurity, and electric vehicle charging networks. The legislation also introduces controversial cryptocurrency tax reporting rules to help fund the massive spending package.
bitcoin El Salvador Formally Rescinds Bitcoin as Legal Tender El Salvador officially removes bitcoin as legal tender in 2025 after initially becoming the first nation to adopt the cryptocurrency in 2021. The government makes this policy reversal as part of a financial agreement with the International Monetary Fund.
el salvador El Salvador's Chivo Bitcoin Wallet Continues to Frustrate Citizens Two months after its launch, El Salvador's state-sponsored Chivo Bitcoin wallet remains plagued by technical glitches and user confusion. Many citizens abandon the app after cashing out their initial $30 bonus, while others face slow transactions and identity theft issues.
bitcoin China's Bitcoin Ban Brings Unexpected Benefits to the Crypto Market China's aggressive crackdown on bitcoin mining presents surprising advantages for the global cryptocurrency network. The exodus of miners promotes greater decentralization and paves the way for a more environmentally friendly industry.
bitcoin China Cracks Down on Sichuan's Hydro-Powered Bitcoin Mines Amid Energy Shifts Sichuan province bans Bitcoin mining despite its use of clean hydropower, as Beijing prioritizes renewable energy for the national grid over crypto operations. The crackdown causes Bitcoin's price to drop and signals a broader political effort to oust an uncontrollable financial asset.
bitcoin Sichuan Power Cuts Cripple Major Chinese Bitcoin Mining Pools A government mandate in Sichuan province forces energy companies to cut power to 26 identified Bitcoin mining farms, causing major pool hash rates to plummet by up to 37%.
bitcoin Chinese Bitcoin Mining Pools See Major Hash Rate Drop Amid Sichuan Shutdown Bitcoin mining pools based in China experience a significant drop in hash rate as authorities enforce a shutdown in Sichuan province. This regulatory crackdown forces operators to halt operations and relocate their equipment.
bitcoin China Slashes Over 90 Percent of Bitcoin Mining Capacity Amid Nationwide Crackdown Chinese authorities order the immediate shutdown of major Bitcoin mining operations in Sichuan province, effectively eliminating over 90 percent of the country's mining capacity. Miners are now scrambling to move their equipment overseas as regulators enforce a uniform ban to curb financial risks.