Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined

July 12, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year.

Things have not been looking too good for the crypto market in recent months, with the market seemingly being gripped by one piece of bad news after another. To this point, on Aug. 8, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued legal sanctions against digital currency mixer Tornado…

Election Day pump? 4 reasons Bitcoin spiked 2% in 30 minutes

The price of Bitcoin (BTC) rose by 2% in just 30 minutes right as the United States' stock market rang its opening bell on Nov. 3. During pre-market, the Dow Jones surged by over 350 points as the U.S. election day triggered massive volatility.The four reasons that likely led to a Bitcoin uptrend in such…

‘Chems_USA’ Pleads Guilty to Bitcoin-Enabled Dark Web Opioid Conspiracy

A Florida man has pled guilty to participating in a multi-million dollar Bitcoin-enabled drug dealing conspiracy and money laundering.According to a July 25 press release from the U.S. Attorney’s Office of the Southern District of New York, the defendant, Richard Castro, pled guilty to money laundering and to conspiracy to distribute three controlled opioid substances…

IRS special agent: Crypto’s the future but there are ‘mountains of fraud’

IRS chief sees “mountains and mountains” of fraud in NFTs and cryptocurrencies as demand continues to rise going forward in 2022. 471 Total views 5 Total shares A top special agent from the Internal Revenue Service has told a conference that NFTs and crypto are the “future” but highlighted that fraud and manipulation is still…

Bitcoin could flippen PayPal on bullish news from… PayPal

Bigger than Disney. Bigger than Netflix. And soon, Bitcoin could be bigger than the company that's driving its bullish momentum. 1178 Total views 8 Total shares Bitcoin (BTC) has risen dramatically in market cap over the years, recently taking its place among the top 25 largest companies and assets by market cap. At press time, Bitcoin…

We don’t need immunity passports, we need verifiable credentials

As the first vaccines against COVID-19 roll out, governments and institutions across the world are scrambling to figure out how to provide proof that someone has been vaccinated. Paper certificates, PDFs, wristbands and mobile apps have all been suggested — and the former director of the Centers for Disease Control, Tom Frieden, and international human…

SQUID token up 600% today despite debacle and Binance investigation

Binance blacklists Squid Game developer accounts reports that developers used coin mixers to cover their tracks. 92 Total views 1 Total shares The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago.The Binance Smart Chain-based…

Crypto Exchange Coincheck’s Owner Monex Reveals Plans to Open US Trading Platform

Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Cointelegraph Japan reported today, July 27. A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex…

Crypto.com scores fresh regulatory approval in France

The digital asset platform was focused primarily on acquisitions and sponsorship deals through the bull market but now seems to have shifted toward expansion, especially in Europe. 149 Total views 3 Total shares Singapore-based digital asset platform Crypto.com scored a major regulatory approval in France. The digital asset platform was approved to register as a…

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