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Okx Adds Four Inscription Standards to Its Web3 Wallet and Marketplace
30.1.2024
Okx has said it will be adding support for four inscription token standards to its Web3 wallet at the beginning of and in late February. The Web3 firm has said the addition of inscription standards to its Web3 wallet and marketplace helps Okx drive the adoption of Web3 and power its next growth...
Web3 Gaming Firm Immutable Opens zkEVM Mainnet Early Access with Polygon
29.1.2024
Gods Unchained developer Immutable launched early access for its zkEVM Mainnet powered by Polygon on Monday. In the early access period, a mainnet deployer allowlist will be in place to guarantee operational smoothness and user security. Initially, this allowlist will include specific game studios...
Bitcoin Mining Firm GRIID Debuts on Nasdaq
29.1.2024
Today, Bitcoin mining company GRIID commenced trading on the Nasdaq stock exchange. In a January 29 press release, the company announced it would begin trading under the ticker symbol ‘GRDI’. “Today marks a significant milestone for GRIID as we begin to trade in the U.S. market,” GRIID...
PeckShield: Crypto Scams Plummeted 27.78% in 2023
29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...
Kaspersky Alerts Public About Mac Specific Malware Targeting Crypto Wallets
29.1.2024
Kaspersky, the cybersecurity firm based in Russia, has issued a public warning regarding a new malware strain that particularly targets Mac users, focusing on their crypto wallets. This malicious software, which infiltrates computers via counterfeit applications, sets up a backdoor aimed at bitcoin...
Crypto Whales Accumulate $3 Billion in Bitcoin in January, Data Shows
29.1.2024
Large investors in the cryptocurrency market, known as crypto whales, have been busy accumulating Bitcoin (BTC) this month, amassing a total of $3 billion worth of the leading cryptocurrency. According to data from onchain analytics firm IntoTheBlock, the amount of Bitcoin held in whale wallets...
Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong
29.1.2024
The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kind in Hong Kong, Tencent News reported on Monday. The Securities and Futures Commission (SFC) is said to be expediting approval...
Vanguard Says No to Bitcoin ETFs — Views Crypto as ‘Immature Asset Class’ With ‘No Inherent Economic Value’
29.1.2024
Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little history, no inherent economic value, no cash flow,...
Crypto Forensics Breakthrough: Finnish Authorities Trace Monero in High-Profile Hack
28.1.2024
The National Bureau of Investigation in Finland has reportedly made significant progress in tracing Monero (XMR) transactions as part of an ongoing investigation into the criminal trial of Julius Aleksanteri Kivimäki. Kivimäki stands accused of hacking a private mental health firm’s database...
Onecoin Lawyer Mark Scott Sentenced to 10 Years for Money Laundering
27.1.2024
Mark Scott, a lawyer entangled in the infamous Onecoin cryptocurrency fraud, was sentenced to 10 years in prison by the U.S. District Court. The sentencing comes after a 2019 conviction. Onecoin Lawyer Mark Scott Receives Decade-Long Prison Sentence Mark Scott, a lawyer associated with the infamous...
Is Bitcoin Going To Zero As Grayscale Sends 10,000 BTC To Coinbase – Best Altcoins To Invest In Right Now
26.1.2024
Investors are fretting over whether Bitcoin might be going to zero, as digital asset management firm Grayscale continues to dump BTC on the market from its Grayscale Bitcoin Trust (GBTC) ETF. Just on Friday, Grayscale sent another $400 million worth of BTC to Coinbase to be sold, crypto analyst...
OneCoin Scam Lawyer Faces Decade Behind Bars for $400 Million Laundering
26.1.2024
Mark Scott, a former partner at U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his involvement in Ruja Ignatova’s OneCoin crypto scam worth nearly $400 million. According to Manhattan federal prosecutors, Scott was found guilty of conspiracy to commit money laundering...
Swan Bitcoin Expands into Mining, Plans Public Listing
26.1.2024
Swan Bitcoin, a firm specializing in Bitcoin-focused financial services, has recently launched its bitcoin mining unit named Swan Mining. According to Swan Bitcoin’s recent announcement, the “stealth mode” Swan Mining began operating in Summer 2023 and has already mined 750 Bitcoins to date....
Polygon Nearly Matches Ethereum in Crypto User Acquisition in 2023
26.1.2024
Layer-2 scaling network Polygon (MATIC) came close to matching Ethereum (ETH) in terms of crypto user acquisition in 2023. According to blockchain analytics firm Flipside, Polygon acquired an impressive 15.24 million users during the year, falling just shy of Ethereum’s 15.4 million users....
Swiss Regulator Grants Approval Enabling Retail Users to Trade Tokenized Securities and Digital Assets
26.1.2024
The Swiss financial markets regulator has granted the digital asset infrastructure firm Taurus the approval which allows its retail users to “create an account and trade digital assets and tokenized securities.” Besides receiving the FINMA approval, Taurus said it will be admitting...
Ransomware and Darknet Markets Top List For Most Prominent Crypto Crimes
25.1.2024
A new report from blockchain analysis firm Chainalysis found that crypto related crimes decreased in 2023. While notable, findings also show that ransomware and darknet market activity involving cryptocurrency increased considerably. Eric Jardine, cybercrime research lead for Chainalysis, told...
Swan Bitcoin Unveils Stealth Mining Operations, Eyes 8 EH/s Goal by 2024 Amid Industry Expansion
25.1.2024
The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday its anticipation of achieving 8 exahash per second (EH/s) by March 2024. Up to this point, Swan’s mining subsidiary has successfully...
Crypto Firm XBTO Loses Headline Sponsorship Deal with Messi’s Inter Miami CF
25.1.2024
XBTO has officially lost its place as Inter Miami FC’s headline sponsor, with cruise liner Royal Caribbean taking the crypto firm’s place. “A significant moment in authentic partnership” Royal Caribbean confirmed the news in a press release this week, stating that the company will “make its mark...
Bitcoin ATM Vulnerability Fixed: Hackers Could Have Gained ‘Full Control’
25.1.2024
Bitcoin ATM maker Lamassu Industries has successfully addressed a vulnerability that could have granted hackers “full control” over its Bitcoin ATM machines. The flaw came to light when a team of ethical hackers from security firm IOActive attempted to compromise Lamassu’s Bitcoin...
WEF Panelists: Blockchain’s ‘Killer Use Case’ Might Be Tracking AI Model Data Bias
25.1.2024
Using blockchain to stamp out biases in artificial intelligence models might turn out to be the technology’s “killer user case,” executives attending the World Economic Forum in Davos have said. The blockchain firm Casper Labs and the computer giant IBM have partnered to create an...