‘Elon Musk at Bitcoin 2024’ scam, Lazarus Group hacks, MOG phishing: Crypto-Sec

Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after the United States Federal Reserve pledged to reduce its $9 trillion balance sheet.While inflation has been surging worldwide, the first signs of an economic downturn showed as United Kingdom's retail sales fell 1.4% in March. Moreover,…

The United States Internal Revenue Service (IRS) will defer tax payments below $1 million from April 15 to July 15. Crypto traders can also take advantage of the measure to ease the strain from the market fall due to the coronavirus outbreak.According to a March 18 statement from the Department of the Treasury, individuals and…

For hundreds of years, Gibraltar was a vital part of the British Empire. The tiny territory, known as “The Rock” due to a gigantic protrusion of limestone that dominates its skyline, was sliced off the bottom of the Iberian peninsula in 1713 and has been a British Overseas Territory ever since. At first glance, the…

The blockchain world may soon be seeing a major merger with the traditional financial sector.JPMorgan Chase, the United States’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with major Ethereum-focused firm ConsenSys.According to  a Reuters report on Feb. 11, unnamed persons familiar with the matter claim that the merger is likely to…

Sunday, Aug. 18. — Most of the top 20 cryptocurrencies are suffering moderate losses on the day, as Bitcoin (BTC) struggles to stay over the $10,150 mark again.Market visualization courtesy of Coin360Bitcoin price is currently down by 1.79% on the day, trading at around $10,166 at press time, according to Coin360. Looking at its weekly…

Blockchain platform Cosmos, which is set to work as a mediator between different blockchains, has officially launched the first hub of its ecosystem on Wednesday, Mar. 13. The Cosmos initial coin offering (ICO), held in April 2017, raised a little more than $17 million.The Cosmos Network, which describes itself as “The Internet of Blockchains,” was…

Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals.As of July 9, the investment instrument is yielding a 296% appreciation YTD — a stratospheric increase as compared with mainstream investments reflected in the S&P 500 (18.7%) and Global…

China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head. 515 Total views 26 Total shares China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 were revealed at Hong Kong Fintech Week.Set out to replace cash in…