Hive ransomware was seized after a joint US-German law enforcement crackdown. This stopped $130 million in demands for payment from more than 1,500 victims around the world, according to law enforcement authorities.
Bitcoin prices continued to rise over the weekend, as traders appeared to shrug off news of another crypto bankruptcy. Instead, they appeared to be betting that the Federal Reserve would soon cut interest rates.
Bitcoin prices continued to rise over the weekend, as traders appeared to shrug off news of another crypto bankruptcy. Instead, they appeared to be betting that the Federal Reserve would soon cut interest rates.
El Salvador's government, which has been touting Bitcoin, is set to deliver on a $604 million bond maturing this week.
The cryptocurrency's price has been on the rise in recent weeks, and the holiday period is typically a time of increased activity in Asia. With more people celebrating and spending money during the Lunar New Year, demand for Bitcoin is likely to continue to rise.