🚨 French Bank Crédit Mutuel Arkéa Hit in $133M Cyberattack
French banking giant Crédit Mutuel Arkéa has resumed operations following a massive cyberattack that resulted in the theft of over $133 million. The bank confirmed that attackers gained access through a third-party service provider rather than its direct banking systems.
While customer funds remain safe, the attackers successfully transferred the bank's own capital to various financial institutions. These funds were then moved to crypto exchanges including Kraken, Crypto.com, and OKX to be converted into digital assets.
On-chain investigator ZachXBT initially flagged $106 million in suspicious activity before raising the estimate to $133 million. Blockchain analytics firm Bitquery also traced the movement of funds across multiple platforms, exposing the theft.
#CryptoHack #CyberSecurity #ZachXBT #BankingNews
French banking giant Crédit Mutuel Arkéa has resumed operations following a massive cyberattack that resulted in the theft of over $133 million. The bank confirmed that attackers gained access through a third-party service provider rather than its direct banking systems.
While customer funds remain safe, the attackers successfully transferred the bank's own capital to various financial institutions. These funds were then moved to crypto exchanges including Kraken, Crypto.com, and OKX to be converted into digital assets.
On-chain investigator ZachXBT initially flagged $106 million in suspicious activity before raising the estimate to $133 million. Blockchain analytics firm Bitquery also traced the movement of funds across multiple platforms, exposing the theft.
#CryptoHack #CyberSecurity #ZachXBT #BankingNews
💰 $2.7 Billion Bitcoin Options Expiry This Friday
Approximately 33,441 BTC in options contracts are scheduled to expire this Friday at 08:00 UTC on Deribit. The calculated "max pain" price—the level at which the highest number of options would expire worthless—currently sits at $79,000, roughly 1.6% below the current market price of $80,280.
The market displays a strong bullish sentiment with a put-to-call ratio of 0.34. Data shows nearly three call options for every put option, with the heaviest concentration of bullish bets placed at the $82,000 and $85,000 strike prices.
#Bitcoin #CryptoNews #OptionsExpiry #Macro
Approximately 33,441 BTC in options contracts are scheduled to expire this Friday at 08:00 UTC on Deribit. The calculated "max pain" price—the level at which the highest number of options would expire worthless—currently sits at $79,000, roughly 1.6% below the current market price of $80,280.
The market displays a strong bullish sentiment with a put-to-call ratio of 0.34. Data shows nearly three call options for every put option, with the heaviest concentration of bullish bets placed at the $82,000 and $85,000 strike prices.
#Bitcoin #CryptoNews #OptionsExpiry #Macro