Altcoin News Official TheBitTimes.com

United States Independent presidential candidate Robert F. Kennedy Jr. has blasted the government for allegedly profiting from inflation while highlighting the role cryptocurrencies can play in the Treasury. Speaking during a roundtable session on July 25 at the 2024 Bitcoin Conference, Kennedy labeled inflation as “government theft,” which mainly impacts the middle class. The politician argued that adopting Bitcoin (BTC) offers an escape from the current inflation ary environment, which he described as a “highway to hell.” He praised Bitcoin’s decentralized nature as a model for restoring democracy and personal freedom. Picks for you Blockchain Outsource/MSMES Clinic launch: Nigeria set to lead global economy and technology with Gluwa 32 mins ago ...

Taiwan-based trading firm Kronos Research has initiated talks with a hacker who stole $26 million from the firm’s treasury earlier this month. Taking to Etherscan, Kronos is offering the hacker a bounty of 10% after $25 million was taken in a Nov. 18 breach. Kronos offers 10% bounty for return of stolen crypto | Source: Etherscan The attack took place after an unauthorized party accessed Koronos’s API keys. Onchain analysts ZachXBT and Lookonchain confirmed the theft noting that the majority of the $25 million stolen assets were in stablecoins. Kronos later commented, “we can confirm that the losses are about $26 million in crypto assets, and despite it being a sizable amount, Kronos remains in good standing. All losses will be covered internally, and no partners will be affected.” You might also like: U.S. officials link North Korea to the major security breach at Mixin Hackers continue to plague the crypto space Data from DefiLlama indicates th...