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North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky
13.5.2024
Kimsuky hacking group cyberattacks on two South Korean crypto firms using malware dubbed 'Durian'.
The post North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky appeared first on Cryptonews
Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
13.5.2024
The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market
Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China
13.5.2024
The Bitcoin Asia 2024 conference highlights the recent launch of Hong Kong's spot Bitcoin ETFs, drawing significant attention from 5,500 attendees, especially investors across China’s mainland.
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Billionaire Mark Cuban Endorses CFTC Regulation for All Cryptocurrencies
13.5.2024
"Shark Tank" investor Mark Cuban advocated for the Commodities and Futures Trading Commission (CFTC) to oversee all cryptocurrencies. He was responding to Republican presidential candidate Donald Trump's crypto endorsement on social media.
The post Billionaire Mark Cuban Endorses CFTC Regulation...
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
13.5.2024
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malware variant, characterized by its multifunctional...
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
13.5.2024
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract 20,000 to 30,000 users in the first month....
Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners
13.5.2024
Russian energy firms are preparing to “hunt down” and crack down on people mining cryptoassets at home, a report claimed on May 12.
The post Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners appeared first on Cryptonews
Turkey Prepares New Crypto Law to Align With International Standards
13.5.2024
Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the licensing and operation of cryptocurrency trading...
Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US
12.5.2024
Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...
Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”
12.5.2024
David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly agenda, including signing a crypto-focused executive order on day one. He declared that crypto...
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
12.5.2024
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that...
Altcoin season approaching: KangaMoon, TRON, and Polkadot poised for surge
12.5.2024
While the pioneer cryptocurrency, Bitcoin, struggles to climb above $63,000, there are mixed signs of upside potential in the market, with lesser-known cryptos outperforming established coins. The best cryptos positioned for astronomical growth as the 2024 bull run takes shape include KangaMoon...
Wall Street Giants, JPMorgan’s Onyx Eye Industrializing Blockchain PoCs
12.5.2024
Leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian.
The post Wall Street Giants, JPMorgan’s Onyx Eye Industrializing Blockchain PoCs appeared first...
Shiba Inu Price Prediction as SHIB Spikes Up 1.7% in 24 Hours – $1 SHIB Possible Soon?
12.5.2024
With a significant 338% increase in token burns this week, Shiba Inu intensifies efforts to reduce supply and enhance its value, fueling speculative growth forecasts.
The post Shiba Inu Price Prediction as SHIB Spikes Up 1.7% in 24 Hours – $1 SHIB Possible Soon? appeared first on Cryptonews
Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next
12.5.2024
As Bitcoin defends the key $61,000 level, technical indicators suggest mixed signals, with immediate resistance and support levels closely watched by traders.
The post Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next appeared first...
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
12.5.2024
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up...
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
12.5.2024
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...
Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets
12.5.2024
Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency trading platform established in 2016. The specifics of...
BlockDAG’s X1 app June 1st launch to take the lead in crypto mining innovation, surpassing Near Protocol and Aptos
12.5.2024
Are you looking to transform your smartphone into an efficient crypto-mining device without draining its battery or consuming excessive data? Look no further than BlockDAG and its pioneering X1 app, setting new standards in the crypto mining industry. As the beta release on June 1st draws near...
Openai CEO Sam Altman Believes Processing Power Might Be the New UBI
12.5.2024
Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of universal basic income (UBI) initiatives might be organized. In an interview at the All-in podcast, Altman stated that he favored UBI initiatives given the magnitude...