Bitcoin ETFs rope in $2.6B investments amid weekly bull run
Investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
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Report: Google G Suite Twitter Account Compromised to Promote 10,000 Bitcoin Scam
The official Twitter account of Google's G Suite was reportedly compromised to promote a Bitcoin (BTC) giveaway scam, technology and business news outlet the Next Web reported Nov. 13.The G Suite Twitter account was reportedly hacked to advertise a BTC giveaway scam to the page’s more than 800,000 followers. Scammers supposedly spread a message luring…
Get ready for even more incompetence at the IRS in 2023
The Internal Revenue Service is hiring 87,000 new agents, but taxpayers will not feel the pain for another two to three years. That’s how long it will take the agency to hire and train agents. Few have discussed the extent of this pain. Still, it’s something to think about when you consider the majority of…
Tether fires back against report it is using reserves for investments and making crypto-backed loans
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux. 466 Total views 2 Total shares Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings.In a Thursday report, Bloomberg journalist…
Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’
As self-custody puts a lot of responsibility on a user, many may find self-custody way too uncomfortable or too hard to handle. 50 Total views 8 Total shares While some experts believe that self custody is one of the genuine purposes of crypto, such a way of storing coins is not really suitable for everyone,…
CEO of defunct yield protocol says user deposits weren’t 'principal protected'
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant.
Massive Cyberattack on Australia Uses Cryptojacking Exploits
A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. 1280 Total views 34 Total shares The Australian Cyber Security Centre said a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks. According to the…
Abu Dhabi grants Binance financial services permission, economist hits out
UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, the latest in a series of regulatory approvals for the exchange in the Middle East. 512 Total views 6 Total shares Abu Dhabi’s Global Market (ADGM) and Financial Services Regulatory Authority have granted cryptocurrency exchange Binance clearance to offer its services…