Illegal crypto ads prevail in UK despite FCA warning
Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down.
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Making Blockchain Safe and Secure, a Balancing Act That Never Ends
Blockchain technology has become synonymous with privacy and security, but those very characteristics have been put to the test over the past decade. With historical roots embedded in cryptography, many blockchain and cryptocurrency projects purport to offer unbridled security and privacy measures. The industry is split between public blockchain platforms like Bitcoin and private or…
Kraken ordered by court to disclose user data to IRS for tax compliance
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year. 224 Total views 1 Total shares A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that information to see if any of…
Why a Bitcoin ETF approval would be a big deal
Bitcoin ETFs are back in the spotlight after several companies filed with the SEC. This week’s episode of Market Talks discusses why approval would be a big deal for Bitcoin. 444 Total views 1 Total shares In this week’s episode of Market Talks, Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator in the…
Lodestar Finance exploited in flash loan attack
The main vulnerability behind the attack was within GLP oracle and how it conducts its price. 1474 Total views 8 Total shares Own this piece of crypto history Collect this article as NFTArbitrum-based lending protocol Lodestar Finance was exploited in a flash loan attack on Dec. 10. According to Lodestar, the attacker manipulated the price…
Darknet market link provider claims its Bitcoin donors’ accounts were frozen
The admin of a well-known darknet market link provider claims its donation address was flagged as suspicious after it criticized Chainalysis' KYT flagging system. 227 Total views 1 Total shares The administrator of dark.fail, a website providing verified links to darknet markets, claims that exchanges are unfairly closing accounts donating Bitcoin to the service after…
Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market. 557 Total views 16 Total shares Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million to crypto exchange FTX, prompting concerns from some in the community about whether…
Coincidence? Bitcoin saw its highs and lows on ‘Turnaround Tuesdays’ in June
A curious pattern emerges as Bitcoin stays stuck in its defined trading range between $30,000 and $40,000. 725 Total views 1 Total shares Bitcoin (BTC) is printing a new price indicator this month — and it may not involve anything more than the day of the week.In its latest Telegram market update on June 30,…
Whistleblower Outs ‘Wolf of Kyiv’ for $70 Million Bitcoin Scam
A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019. The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper Dagens Nyheter, which reported the news on March 1. The scam predominantly targets investors based in Australia, New Zealand and the United…