AI scam targets Ripple holders and memecoin trader loses it all: Crypto-Sec
An AI-generated video purports to show Chris Larsen claiming to give away XRP, and a trader 10x’d a MicroStrategy memecoin but gave it to a phishing account.
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Civic engagement and crypto: Miami unveils its own digital coin
On June 2, 2021, Miami Mayor Francis Suarez tweeted that “MiamiCoin” will be the first “CityCoin” ever to be launched, representing Miami’s very own cryptocurrency. Fast forward about two months later and the anticipation surrounding the release of MiamiCoin has been on the rise. Initially, it may appear as if the Magic City’s digital currency will…

Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals
Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27.David Solomon said he believes global payment systems are heading in the direction of stablecoins — cryptocurrencies pegged to fiat assets such as the U.S. dollar.Although he stopped short of confirming whether Goldman Sachs has had…

The Five Hidden Principles in Staking and Validating
As the Ethereum community anticipates the long-awaited launch of Ethereum 2.0, users are also bracing themselves for a major systematic shift from a proof-of-work model to a proof-of-stake. As a reminder, in PoW networks, miners have to compete with one another to solve complex mathematical problems to validate a block. The first miner to solve…

Eswatini releases design for digital lilangeni tokenized retail CBDC
The tiny kingdom, formerly known as Swaziland, is looking at better domestic accessibility and cross-border trade with a proposed CBDC.

Crypto Miners Dominate Top 10 List of Most Prolific Malware Threats
A global threat report has concluded that the three most common malware variants detected in April were crypto miners, according to a news release on May 14.Check Point Research said Cryptoloot, malware that uses the victim’s computing power to mine for crypto without their knowledge, was last month’s biggest threat. XMRig, open-source software which is…

Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows.In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that Bitcoin still has huge room for growth at current levels of $11,700.Halving multiples give up to $1.6 million BTC priceComparing lows, highs and halving prices…

Bitcoin hits $28k as uncertainty surrounds banks
Bitcoin's price surged to surpass the $28,000 zone, marking a 16% boost in value in the past 7-days 1913 Total views 5 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) price surged on March 19 to surpass the $28,000 zone, marking a 16% boost in value in the past…

Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B
The market capitalization of Bitcoin (BTC) has added $194 billion in 2023. Its 66% year-to-date (YTD) growth is vastly outperforming top Wall Street bank stocks, particularly as fears of a global banking crisis are rising.BTC market cap daily performance chart. Source: TradingViewMoreover, Bitcoin has decoupled from U.S. stocks for the first time in a year,…