Country-wide Bitcoin adoption a mixed bag for national economies

Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.” 678 Total views 29 Total shares The ongoing tensions between Russia and Ukraine continue to be the dominant news story on Feb. 22 as Bitcoin (BTC) and the wider global financial tremble under the pressure…

The crisis with Terra’s stablecoin TerraUSD (UST) and the freefall in Terra’s LUNA token has dented crypto sentiment further. Although Terraform Labs CEO Do Kwon announced a relief plan, the community does not seem too hopeful about the revival.Another hindrance to a quick improvement in sentiment is that the United States Consumer Price Index soared…

Tencent Yujian Threat Intelligence Center says that a Ryuk ransomware virus has been spotted in China.The intelligence center released information on the outbreak in a report on July 16.According to the report, Ryuk viruses are a family of malware aimed at infecting government and enterprise machines holding valuable data. According to the report, a Ryuk…

With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.

Digital Shadows warned that over 15 billion credentials are exposed on the dark web for sale and some of them are even available for free. 535 Total views 7 Total shares A recent study revealed that over 15 billion credentials are in circulation via the dark web, representing a 300% increase since 2018. Available information…

The United States Securities and Exchange Commission (SEC) has reached a settlement with Nebulous, the company behind the Sia decentralized cloud storage network.$225,000 in disgorgement and penaltiesOn Oct. 1 the SEC announced in a news release that the charges were settled in the form of a civil monetary penalty without Nebulous admitting or denying the…

According to the chairman, the central bank will decide on implementing its own digital currency by the end of 2022. 285 Total views 17 Total shares While Kazakhstan’s government is catching up with the tremendous volume of crypto mining in the country by introducing new taxes and regulations, the local central bank intends to explore…