Bitcoin Cryptocurrencies

North Korea on Tuesday denied its involvement in the recent cryptocurrency heist at Binance, dismissing as "a trite provocation" a US announcement that North Korean hackers were behind the incident. Binance, the world's biggest cryptocurrency exchange, said Friday that hackers stole more than USD 6 billion in what appears to be the largest cryptocurrency heist on record. The FBI later said the theft was orchestrated by North Korean hackers, attributing the attack to a hacking group known as TraderTraitor, which was also behind a USD 1.5 billion hack of the Bybit exchange last year. On Tuesday, Kim Yo Jong, the influential sister of North Korean leader Kim Jong Un, called the FBI announcement "a trite provocation" and "an absurd rhetoric." "This is not the first time that the US has attempted to spread misunderstanding of the DPRK in the international community, blindly linking the DPRK with the cyber crime' incidents whenever they occur on an international scale," she said in a ...

The ​remaining amount, now less than 10%, consists of assets that are less liquid and may take longer to source in the required ​amounts, according to Binance

The market impact of the possible hacking, which could be the largest-ever crypto heist according to analytics firm Chainalysis, was felt immediately in early Asian trading on Friday

At the Business Standard BFSI Insight Summit 2026, crypto industry leaders flagged the burden of crypto taxation, called for regulatory clarity and highlighted growing investor interest

Malaysian retailer CryptoBilis, a reseller of hardware crypto wallets, has become a focal point of an investigation into thefts from devices meant to secure digital assets offline

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The CME FedWatch tool signals that market participants are pricing in a 58 per cent chance of a hike, as against 45 per cent a month ago.

On the crypto market's outlook, experts said that Bitcoin remains the strongest core crypto asset, but the path ahead is unlikely to be linear.

Analysts remain cautiously optimistic on the outlook, citing continued institutional demand, improving risk appetite, and better market participation

The original cryptocurrency climbed as much as 1.9 per cent Monday morning in Singapore to $80,393, its highest level since Jan. 31

Bitcoin has weathered the war with Iran, which broke out at the end of February, better than many traditional assets

On a weekly basis, the flagship token Bitcoin has surged 9.13 per cent from $65,969.78 recorded on March 8, while Ethereum posted a gain of nearly 11 per cent from $1,936.60 on the same date

The recent pullback comes after a sharp reversal in US spot Bitcoin ETF flows and growing concerns around inflation and geopolitical tensions

Broader market stability, analysts said, is likely to hinge on easing macro headwinds and a rebound in capital flows, conditions that remain elusive in the current environment

A break below support, analysts said, could trigger deeper corrections, while historical trends suggest that sustained levels may pave the way for a short-term relief rally

In the Union Budget 2022-23, the government clearly defined VDAs such as cryptocurrencies and NFTs under the Income Tax Act for the first time

Amid this, more than $1.5 billion in outflows from spot Bitcoin ETFs this week, analysts said, point to a near-term moderation in institutional risk appetite

The rally, analysts said, appears driven by spot accumulation and improving risk appetite, with on-chain data showing liquidations of short positions as Bitcoin moved above key resistance levels

After testing the $94,000-$95,000 zone earlier in the week, BTC retraced and briefly dipped below $90,000 before stabilising near the mid-$90,000 levels

Until Bitcoin resolves its volatility squeeze and macro liquidity becomes less restrictive, altcoin movements, analysts believe, are likely to remain rotational and tactical,