This current crypto nuclear bear market marks my third brush with generalised market carnage. And while they can sometimes feel like reruns, every episode yields new lessons to be learned. Everyone is …
MicroStrategy’s Bitcoin Holdings Take a Record $3.4 Billion Hit
When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless. The crypto pile he has since accumulated was …
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Crypto hacks are declining in numbers but increasing in damage
Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. According to the latest research from BestBrokers, the industry saw 64 security breaches by mid-June …
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Know who is first in Crypto Crime
Coincub reports that there have been over 15 verified cases of crypto crime in the nation, with revenues estimated at $1.59 billion. The United States, Russia, China, and the United Kingdom are the …
British Army’s YouTube And Twitter Accounts Hacked—And Flooded With Crypto Posts
A hacker compromised the social media accounts of the British Army to push people toward cryptocurrency scams. The army’s Twitter and YouTube profiles were taken over by the hacker, or hackers — the …
SEC Chair Gensler Again Says Bitcoin Is Not a Security. What About Ethereum?
Securities and Exchange Commission Chairman Gary Gensler today reaffirmed the SEC's view that Bitcoin is a commodity but refrained from extending the label to any other cryptocurrencies in an …
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Justice Department Announces Enforcement Action Charging Six Individuals with Cryptocurrency Fraud Offenses in Cases Involving Over $100 Million in Intended Losses
The Department of Justice, together with federal law enforcement partners, today announced criminal charges against six defendants in four separate cases for their alleged involvement in …
Multisigs mean funds in bridges are ‘one small slipup’ from being hacked
The recent exploit on Harmony’s Horizon Bridge revealed the inherent flaws with multisig admin keys that leave projects and their users “one small slipup” from deep trouble. Two crypto project leads …
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How North Korea Used Crypto to Hack Its Way Through the Pandemic
North Korea’s economy has been ravaged by United Nations sanctions and the coronavirus pandemic. The government has warned of a severe food shortage. An unidentified intestinal disease began spreading …
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EU agrees rules to tame ‘Wild West’ crypto market
Cryptocurrency companies will need a license and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile "Wild …
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