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The entire globe woke up to witness the impeccable growth of Bitcoin (BTC) over the coveted $100,000 mark. This marks a notable milestone for the entire cryptocurrency community. The king coin did not have the same stature that it does today. Bitcoin is called a scam and even labeled as an asset used on the dark web. But now, cryptocurrency is highly sought after by many governments across the globe. Amidst the asset’s latest ascent, old and dormant investors were seen resurfacing. Also Read: Ripple: AI Predicts XRP Price After SEC Chair Paul Atkins Assumes Role Are These Whales Cashing Out? According to Whale Alert, several whales that have been holding onto their Bitcoin for years were making headlines. The firm revealed that an address that holds about 50 BTC was activated after 13 years. This was worth about $219 back in 2011. At today’s price, this dainty number is worth $5,160,551. A dormant address containing 50 #BTC (5,160,551 USD) has just been activated after 13.0...

Cybersecurity concerns surged in El Salvador in April when the same hacker group conducted two significant hacking activities. First, a massive data privacy breach from an unconfirmed source and, second, sensitive information of the government’s Bitcoin (BTC) wallet, Chivo. The hacker group CiberInteligenciaSV was behind a massive personal data breach on April 6 that affected 5.1 million Salvadorans. More recently, the same hackers leaked Chivo Wallet’s source code and ATM network VPN credentials. Chivo is a government-backed custodial Bitcoin wallet that has been the center of controversy among peer-to-peer money enthusiasts and the cypherpunk community. The company has commented on the matter, calling it “fake news” in a press release on April 24 on X (formerly Twitter). Picks for you US demands 3 years in jail for Binance founder CZ 50 mins ago Biden proposes highest Capital Gains Tax in over 100 years for stocks and crypto 2 hours ag...

Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions. The average crypto investor probably isn’t planning on dying of old age anytime soon, but that doesn’t mean they shouldn’t have a plan in place to pass on their crypto in the event they meet an unlikely demise, lawyers warn. Speaking to Cointelegraph, Dubai-based crypto lawyer Irina Heaver believes that “billions” worth of Bitcoin (BTC) has been lost due to a lack of proper death-related planning by hodlers. She noted that many families have been unable to access their loved one’s crypto assets due to private keys being taken to the grave, and emphasized the importance of discussing crypto assets with family and including them in their will. Heaver said that the typical crypto investor is a “male millennial” between the ages of 27 to 42, which is the age range where arranging one’s financial affairs in case of death is the “last thing” to com...