UK Court Orders Hacker to Repay £4.1M in Bitcoin Over 2020 Twitter Hack

Published at 2025-11-17 10:00:54

A UK court has ordered a man convicted for the 2020 Twitter hack to repay £4.1 million ($5.4 million) in Bitcoin, prosecutors said on Monday. The attack compromised multiple high-profile accounts — including former U.S. President Barack Obama — and was used to carry out large-scale fraud that moved funds in cryptocurrency.

The decision highlights law enforcement's increasing capacity to pursue and recover crypto proceeds, but it also reinforces negative public and regulatory perceptions by tying Bitcoin to notable criminal activity. While the ruling may bolster confidence that courts can apply traditional remedies to digital assets, it could also prompt tighter oversight, stricter compliance expectations for exchanges, and renewed scrutiny of custody practices for BTC and other tokens.

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BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.

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Published at 2025-12-03 19:15:15

BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

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Published at 2025-12-03 19:00:20

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

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Published at 2025-12-03 18:45:13

Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

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Published at 2025-12-03 17:15:09

Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.