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Sophisticated Email Phishing Targets Bankrupt Crypto Firms’ BlockFi, FTX Creditors
25.3.2024
FTX and BlockFi claimants received legit-looking fraudulent emails luring them with a promise of instant withdrawals of their remaining balances.
The post Sophisticated Email Phishing Targets Bankrupt Crypto Firms’ BlockFi, FTX Creditors appeared first on Cryptonews
Zano Blockchain’s Hard Fork Facilitates Privacy Coin Creation, Introduces Confidential Assets
25.3.2024
The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet their specific needs. These custom tokenized assets or confidential assets, will be untraceable on the Zano blockchain. The team believes that...
Binance to Halt Tron USDC Trading Following Circle’s Move Away
25.3.2024
Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase out support entirely, aligning with efforts...
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
25.3.2024
There were $836 million in net outflows between March 18 and March 21, the report said
Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets
25.3.2024
Industry expert Patrick Hansen clarified that the EU’s recent anti-money laundering (AML) law does not specifically target banning anonymous crypto accounts.
The post Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets appeared first on Cryptonews
ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users
25.3.2024
ParaSwap has addressed a critical vulnerability in its recently launched Augustus v6 smart contract and has commenced the process of returning cryptocurrency assets to affected users.
The post ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users appeared...
Goldman Sachs Sees Spike in Crypto Options Engagement Among Hedge Funds
25.3.2024
Goldman Sachs' hedge fund clients are reportedly showing increased interest in crypto derivatives, spurred by the resurgence of the crypto market.
The post Goldman Sachs Sees Spike in Crypto Options Engagement Among Hedge Funds appeared first on Cryptonews
Hedging Shields Portfolios from Whales Known to ‘Sell Their Losses to Retail Investors’ – Robby Greenfield
25.3.2024
Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep price swings. The CEO however concedes that many retail...
Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences
25.3.2024
The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.
The post Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences appeared first on Cryptonews
Skybridge Capital Founder Advises ‘Act Like You’re Dead With Your Bitcoin and Don’t Sell’
25.3.2024
Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living...
JPMorgan: Bitcoin Still Overbought Despite Price Drop
25.3.2024
Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks...
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
25.3.2024
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.
The post Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing appeared first on Cryptonews
Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets
25.3.2024
Erroneous early reporting and discussions on X about the European Union’s approach to cryptocurrency anonymity have been clarified by industry expert Patrick Hansen, stating that the EU’s Anti Money Laundering Regulation (AMLR) targets broader anti-money laundering (AML) and counter-terrorism...
Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’
24.3.2024
A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the People’s Bank of China might comprise over 5,300 tonnes, dwarfing official numbers. Nieuwenhuijs explains China might be a driving force behind increasing gold...
Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate
24.3.2024
According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their wealth, Turks are increasingly turning to gold, with...
Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved
24.3.2024
In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted...
Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision
24.3.2024
Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. Terraform Labs’ Former CEO Do Kwon...
Bitcoin’s Dormant Giants: March Sees Unprecedented Movement of Vintage BTC
24.3.2024
In recent times, bitcoin has consistently remained above the $60,000 mark throughout the entire month of March. With its value soaring, many long-standing holders have started to transfer substantial quantities of dormant bitcoins from wallets that have not seen activity for years. March...
TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins
24.3.2024
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously...
El Salvador Keeps Buying BTC, Top BTC Mining Rigs, Blackrock’s New ‘BUIDL’ Fund, and More — Week in Review
24.3.2024
El Salvador continues its daily bitcoin purchases, aiming to keep buying until the cryptocurrency becomes too expensive. The top 10 bitcoin mining rigs of 2024 show significant profit margins due to recent value increases. Blackrock, has submitted a form to the SEC for the initiation of a tokenized...