The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.

Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo's Senate testimony on Tuesday sounded like it was written by an "intern."

The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc's announcement.

The Bitcoin community continues to debate whether cryptographically relevant quantum computers are imminent or decades away.

The stablecoin issuer cited "activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses.