As noted by Coinbase`s analysts, the collapse of FTX has expanded the share of stablecoin’s dominance of the cryptocurrency market. The coins, pegged to the US dollar at a 1:1 ratio, inspire confidence with their stable exchange rate and ability to back up assets in crisis situations. Unsurprisingly, stablecoins have strengthened their influence several times …
Cryptocurrency
While Atari’s classics captivated us with their simple yet addictive gameplay, and Tekken brought the realm of fighting games to life with its stunning visuals and intricate combat mechanics, blockchain games like Axie Infinity and Pegaxy introduced us to the concept of P2E gaming, where players can actually earn cryptocurrency by participating in the game. …
Leverage trading is a popular investment strategy. It can help you maximize your profits and losses, but it’s not without risks. In this guide, we’ll show you how leverage trading works, what it means for your assets, and how to manage the risks involved with this strategy. What is Leverage Trading? Leverage trading is a …
If you are new to blockchain, you may not understand its relationship with inflation. Blockchain works much more than being the technology behind cryptocurrencies. They have a high level of capabilities that can enable even the world’s biggest countries to survive high-scale hyperinflation The point that inflation will exist with the mass-scale adoption of blockchain …
Are you tired of feeling lost in the world of crypto? Well, we know everything there is to know and we’re here to share our expertise with you! Read this article and learn from the pros. With our insider knowledge and expert tips, you’ll be making profitable investments in no time. What will you find …
Crypto is generally perceived as a risky investment, and while there is some truth to that, no one can ignore the utility of digital assets. Bitcoin and other similar cryptocurrencies were created with a purpose in mind; thus, they have different real-world applications. If you’re wondering what you can do with digital currencies, this article …
The FBI has formally attributed the hack of the Harmony cryptocurrency bridge platform to Lazarus, a cyber-espionage group working for the North Korean government. The Harmony crypto-heist took place on June 23, 2022, and resulted in the theft of $100 million in cryptocurrency assets. Less than a week after the incident, blockchain tracking company Elliptic …
After several years of sustained “growth,” 2022 was the first time that the volume of cryptocurrency transactions linked to criminal activity saw a decline (they actually went up, but if we remove the sanctions category, which is more of a gray area, they went down). Several categories, such as ransomware, scams, darknet markets, financial fraud …
Updated on 2022-12-29 The DoJ filed criminal charges against a hacker for stealing approximately $110 million in a fraud scheme targeting Mango Markets cryptocurrency exchange. Read more: U.S. charges fraud in Mango crypto manipulation case Updated on 2022-12-28: “Highly profitable trading strategy” hacker detained The US has charged and detained cryptocurrency trader Avraham Eisenberg, an …
Question Are there any viable options for cryptocurrency mining available in the present day? Ethereum has discontinued mining afte switched to proof-of-stake model, and Bitcoin requires a substantial amount of data processing power. Are there any other cryptocurrencies that can be mined? Answer 1 It is not economically feasible for individuals to mine profitably. This …
Updated on 2022-12-22 The FBI warned against threat actors using search engine ads to promote websites propagating ransomware or exfiltrating login credentials from crypto exchanges and financial institutions. Read more: Cyber Criminals Impersonating Brands Using Search Engine Advertisement Services to Defraud Users Overview: FBI recommends ad blockers In a PSA this week, the FBI recommended …
Updated on 2022-12-20: Crypto users claim Gemini email leak occurred much earlier than first reported On 14 Dec, Cointelegraph brought forward revelations about the leak of 5.7 million customer email addresses and partial phone numbers from Gemini crypto exchange. Shortly after, it says multiple users reached out alleging that the leak, which Gemini attributes to …
Crypto exchanges aren’t doing so great at the moment. The latest on FTX, Gemini crypto exchange email leak, Binance might money laundering charges and defunct crypto exchange Quadriga sees bitcoin from wallets thought to be held by its supposedly ‘dead’ founder move for the first time since 2018…. The original PayPal founders say it has …
The US Department of Justice is reportedly considering charging executives of Binance, the world’s largest cryptocurrency exchange, with various criminal charges, including for money laundering and sanctions violations. This comes after the recent collapse of the FTX cryptocurrency exchange and this week’s arrest and indictment of its founder and former CEO Sam Bankman-Fried. Before it …
Updated on 2022-12-07: DEV-0139 Microsoft’s security team says they spotted a new threat actor they are calling DEV-0139 that has spent the past months targeting cryptocurrency organizations. The group stands out among other threat actors targeting the cryptocurrency space because they operate by impersonating representatives of known cryptocurrency platforms in order to join select and …
