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#Alex Thorn

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Whitehats Transfer 52 Bitcoin from Coldcard Hack to Recovery Trust
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Whitehats Transfer 52 Bitcoin from Coldcard Hack to Recovery Trust

Key Highlights Ethical hackers transferred 52.37 BTC to a newly formed recovery trust address as part of remediation efforts from the July Coldcard hardware wallet exploit. The multi-wave attack, beginning July 30, exploited a firmware vulnerability that forced wallets to use a weaker software-based random number generator, exposing over $100 million in bitcoin. Coinkite has ...

Bitcoin Clears Key Hurdle That Historically Preceded Major Bull Runs
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Bitcoin Clears Key Hurdle That Historically Preceded Major Bull Runs

Key Highlights Bitcoin closed the week ended September 20 above its 50-week moving average for the first time in 45 weeks, signaling a potential trend reversal. The cryptocurrency gained nearly 6% during the week, trading around $81,000 and extending its rebound to 29% over the past 35 days. Galaxy Research Head Alex Thorn described the ...

Zcash (ZEC) Price Rise Is a Red Flag for Bitcoin (BTC), Warns CryptoQuant Analyst
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Zcash (ZEC) Price Rise Is a Red Flag for Bitcoin (BTC), Warns CryptoQuant Analyst

The rapid ascent of the privacy-centric cryptocurrency Zcash (ZEC) is raising alarms among on-chain analysts, who view the sudden rally as a significant warning sign for Bitcoin (BTC). While spot exchange-traded funds (ETFs) recently drew retail capital into the digital asset space, researchers have flagged critical signs of overheating in the cryptocurrency derivatives market. Historical ...