Chainalysis alerts rise in crypto hacks and ransom in 2024

Crypto holder Tulsi Gabbard, the United States Representative for Hawaii's 2nd congressional district, has formally launched her campaign for the forthcoming 2020 U.S. presidential elections. The development was reported by tech media platform TrustNodes on Feb. 4.Gabbard —  a Democrat who resigned as Vice Chair of the Democratic National Committee (DNC) in order to endorse…

Major fiat-crypto trading platform OKCoin has partnered with fintech firm Simplex to enable global users to make USD deposits via debit or credit card. The news was announced in a press release shared with Cointelegraph on June 17.As an European Union-licensed financial institution and payments processing provider, Simplex — which has offices in Israel, the United…

Mexican cryptocurrency exchange Bitso will from now on be regulated by the Gibraltar Financial Services Commission (GFSC), a July 19 announcement revealed.An apparent first in Latin AmericaIn what Bitso claims is an apparent first in Latin America, as of August 1, the custody, withdrawals, deposits and trading of cryptocurrencies on its platform will be overseen…

Crypto mining's environmental impact continues to raise concerns with regulators and businesses alike. 135 Total views 4 Total shares The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel power plants into crypto mining centers. The request comes in the…

In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to take out a loan. In…

Mike Novogratz compared current cryptocurrency  market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how coming from Wall Street made him different from most of the cryptocurrency community, which seem to treat cryptocurrency “almost like a religion.” Novogratz answered that, while he believes in the underlying…

CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC. 337 Total views 1 Total shares Business intelligence firm MicroStrategy has scooped up another $10 million worth of Bitcoin (BTC), signaling the company’s relentless conviction in the digital asset amid the latest price collapse. The cash amount earned…

While censorship resistance and privacy are not the same thing, they are closely intertwined. When the government or another entity, such as an advertiser, can track everything you do, they can also sanction you for bad behavior. Instead of working backward to try and cover up seismic cracks in Web2 with duct tape, it may…

Despite local cryptocurrency uncertainty, Russia is strengthening its leadership on major peer-to-peer exchange LocalBitcoins in the share of Bitcoin (BTC) trading volumes.Russia has traded the most Bitcoin on LocalBitcoins exchange for two consecutive months, April and May 2020, according to an analysis by crypto media startup CryptoDiffer.Russia trades nearly twice as much BTC on LocalBitcoins…