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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Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

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Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

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Published at 2026-01-17 17:15:05

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

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Published at 2026-01-17 15:45:05

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.

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Published at 2026-01-17 11:15:08

Samson Mow Says 10x Bitcoin Target Is 'Conservative'

Jan3 CEO Samson Mow reiterated his strong long-term bullishness on Bitcoin, arguing that a 10x price target may be conservative and reigniting debate across the crypto community. His comments have drawn attention from traders, analysts, and investors weighing upside expectations against market risks.