As Bitcoin stood above $20,000., cryptocurrencies showed some tentative signs of recovery from last week’s crash. Bitcoin traded at $20,665 in Tokyo on Tuesday morning. It rose to 1.6% in Asia on Tuesday. The MVIS Cryptocompare digital Assets 100 index rose 1.5%. So-called altcoins such as Polkadot and Solana were among the gainers. Some market watchers believe […]
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Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
Many NFTs can be very costly, making it more attractive for malicious attackers. The Bored Ape Yacht Club’s (BAYC), Discord server was compromised this week. An attacker used phishing to lure victims. Certik is a Web3 and Blockchain security and auditing firm. It published an analysis of the attack. The account indicated that the attacker might have […]
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
FTX is on the lookout for brokerage start-ups. As the crypto exchange expands into stocks and FTX’s CEO takes a significant stake in Robinhood. According to sources familiar with the negotiations, at least three private trading start-ups were approached by the Bahamas-based company about an acquisition. One source claimed that the discussions were still in their early […]
Bitcoin price rebounds after Terra’s LUNA Foundation Guard buys over $100 million in BTC
The Bitcoin price has risen with inflation in the past. When the Consumer Price Index reached its highest point since 1981 BTC began its recovery. The asset has seen a steady rise in value due to LFG’s constant Bitcoin purchases. Bitcoin price recovers after recent correction Bitcoinprice has a strong correlation to US tech stocks. The […]
Indian Government Consulting With IMF, World Bank on Crypto Policy
The Mint published Thursday that Indian finance ministry officials are currently discussing a framework to allow cryptocurrency, including with the World Bank (IMF), the Reserve Bank of India(RBI) and the Securities and Exchange Board of India. One of the officials said, “We have drafted an advisory paper on cryptocurrency,” elaborating: We have now reached out […]
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
Bitcoin.com News published seven days ago about the number bitcoin (BTC), traded on exchanges, and how it fell to its lowest point in three year. The same trend is evident with the number of ethereum stored online. The amount of ethereum currently stored on exchanges is 24.09 millions ethereum, which is $71.3 billion at the time of writing. Today’s ether quantity, […]
Keep Your Coins Act: US Lawmaker Introduces Bill to Protect Privacy in Cryptocurrency Transactions
The office of Congressman Warren Davidson, OH-R announced Thursday that the lawmaker introduced the Keep Your Coins Act to protect transaction privacy’ The announcement states that the legislation proposed is ‘designed for Americans’ privacy when transacting with crypto assets’ and adds: This legislation would specifically prohibit federal agencies from promulgating rules that would affect a […]
DOJ arrests New York couple and seizes $3.6 billion in bitcoin related to 2016 hack
The Justice Department seized $3.6 billion worth of cryptocurrency in connection to the hack of a virtual currency exchange in 2016. A couple from New York was also arrested for conspiring to launder billions. This seizure, which was the largest for the department’s history, and the arrests are related to the 2016 hack of Bitfinex. Officials […]
Fantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain
This week, the defi and smart-chain blockchain project Fantom officially surpasses BSC in terms TVL in defi protocols. Fantom’s current holdings of $11.73 Billion were up 46.62% in seven consecutive days on January 24, 2022. Year-to-date Fantom’s native symbol fantom (FTM), is up 4,671.7% versus the U.S. Dollar. However, FTM has experienced a 18.6% drop in the past […]
Moneygram Invests in Crypto ATM Operator – CEO Bullish on Opportunities Crypto Offers
Moneygram International Inc. (NASDAQ : MGI), announced Wednesday that it had ‘completed a strategic minor investment in Coinme. A leading cryptocurrency cash exchange, the U.S.’. This venture gives Moneygram a roughly 4% stake in Coinme. Alex Holmes, CEO and chairman of Moneygram, said: Moneygram remains bullish on the many opportunities in cryptocurrency. We are also […]