DHS says it thwarted over 500 crypto ransom attacks in 3 years
The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021.
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Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
Bermuda hopes to jumpstart their economy with new ‘stimulus token’
The island continues to work toward full crypto adoption. The Government of Bermuda has announced their partnership with stablecoin platform, Stablehouse. Together they hope to roll out a pilot program for a digital “stimulus” token, targeting both residents and merchants within the islands.According to The Royal Gazette, the idea of launching such a program was…
Poly Network hacker returns less than 1% of the $600M theft
The returned sum represents only a minor portion of the over $600 million stolen from Poly Network. 2290 Total views 17 Total shares These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds…
‘Bitcoin dead’ Google searches hit new all-time high
Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset. 1108 Total views 36 Total shares Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google search trends. Google searches for “Bitcoin dead” spiked in the…
Polygon eyes record high as MATIC’s 150% price rally activates textbook bullish pattern
Polygon's native asset, MATIC, tests its June resistance level near $1.51 for a bullish breakout setup. 1123 Total views 179 Total shares A recent price rally in the Polygon (MATIC) market pushed its prices above $1.56 for the first time in more than two months.In detail, the MATIC/USDT exchange rate rose 20.65% in just two…
Crypto derivatives can foresee price action but need institutional buzz to truly shine
The cryptocurrency market has been under a period of duress, with a majority of the tokens in the cryptoverse witnessing a price slump that has set in since the first week of December. The flagship cryptocurrency token, Bitcoin (BTC), underwent a flash crash on Dec. 4, wherein the price of the token fell below $50,000…
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July 2021 to June 2022, reaching $562 billion, according to an Oct. 20…
Bitcoin Fails to Hold $8K as Cryptos Trade Sideways, Stocks Tumble After Recent Surge
Tuesday, June 11 — crypto markets are trading sideways, with the top 20 coins by market cap predominantly seeing red at press time, according to data from CoinMarketCap.Market visualization from Coin360Bitcoin (BTC) has failed to hold the $8,000 price point that it broke yesterday after seeing another dip below $7,900 before. At press time, bitcoin…