Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.
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$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering. Own this piece of crypto history Collect this article as NFTKarl Sebastian Greenwood, the co-founder of the multi-billion dollar fraudulent cryptocurrency scheme OneCoin has pleaded guilty to multiple charges brought forward by…
Experts: Finance Firms Need to Replace IT Infrastructure to Adopt Blockchain and Crypto
Industry experts say that financial institutions will have to replace their existing internal IT infrastructure for greater adoption of blockchain and digital currencies, Scotland’s national news outlet the Scotsman reported Nov. 9.Delivering a speech at the ScotChain18 conference in Edinburgh devoted to blockchain technology impact on commerce, Jeremy Drain of cryptocurrency-focused software company Libra reportedly…
Two Arrested for ‘Old-Fashioned Shakedown’ of Cryptocurrency Startup
Authorities in the United States have arrested two individuals who allegedly threatened to destroy a startup crypto company if they were not paid millions of dollars in cryptocurrency.Extortion of crypto startupOn Sept. 18, the U.S. Attorney’s Office for the Eastern District of New York, together with the FBI, announced the arrest of Steven Nerayoff and…
The differences in trading in a bullish and bearish market, explained
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US SEC Traces $3.5M Back To Alleged Fraudster Behind Fake Crypto Mine
Recent charges from the U.S. Securities and Exchange Commission (SEC) tied three parties to $3.5 million in fraudulent activities. The SEC has pressed charges of fraud against Donald Blakstad, crypto mining outfit Energy Sources International Corporation (ESI) and vehicle part company Xact Holdings Corporation, according to a Jan. 8 document from the commission. The document described ESI…
Bitcoin Steady Around $9.2K as ‘Volatility Collapse’ Predicts Big Move
Bitcoin (BTC) continued its downtrend on Nov. 7, barely keeping support above $9,200 as market commentators stay realistic about the future.Cryptocurrency market daily overview. Source: Coin360“Much bigger” BTC price move could come this weekData from Coin360 shows BTC/USD down 1.6% on the day, circling $9,250 after a sudden dip saw markets bounce off $9,200.That level…
Social media problems and solutions: ‘Centralization is not sustainable’
Over the past 15 years or so, social media has gained tremendous traction. Facebook, Twitter and YouTube have reached soaring heights as companies. Social media has its benefits, such as global connectivity and low barrier to entry. It also gives people a platform for expression. The sector has taken a dark turn in recent years,…
Dogecoin price dumps, but whodunnit? Whales, institutions or retail traders?
Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted on Saturday Night Live on May 8, Dogecoin price corrected by 42%…