Bitcoin

Hardware wallet maker Trezor issued an urgent security warning on Wednesday after hackers compromised its third-party email provider to launch a sophisticated phishing campaign.

Bitcoin's price recovered toward $79,000 after a brief dip to $77,666 on Tuesday, showcasing the cryptocurrency's volatility as traders brace for key inflation data and the Federal Reserve's upcoming rate decision.

Malone Lam, the alleged ringleader of an international cybercrime network, has pleaded guilty to a conspiracy involving the theft and laundering of over $245 million in cryptocurrency.

Iran has reportedly relaxed its foreign currency controls to allow businesses to bypass US sanctions using cryptocurrency, according to a Financial Times report.

The incident began when a customer sent 4,000 L-BTC to SideSwap, a federation member running a peg-out service, at 14:05 UTC.