Over 8.6K Solana wallets linked to $21M DEXX hacker
Security experts at SlowMist identified over 8,620 Solana wallets linked to the DEXX hack, with losses now estimated near $30 million as recovery efforts continue.
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TON, XLM, XMR, and MKR could attract buyers if Bitcoin rises above $26,500
Bitcoin (BTC) traded in a narrow range this week and is on target to form the third consecutive Doji candlestick pattern on the weekly chart. The cryptocurrency markets did not receive any support from the United States equities markets, which ended the week on a negative note. The S&P 500 Index dropped 1.3% while the

Paris court sentences Alexander Vinnik to five years in prison
Years after his initial arrest, Vinnik has finally been sentenced. 719 Total views 5 Total shares After years of extradition debates, Bitcoin (BTC) launderer Alexander Vinnik has finally been sentenced by a French court.According to a Dec. 7 report by Novaya Gazeta, Vinnik has been sentenced to five years in prison for "money laundering as…

Exchange CEO Forecasts Crypto Market Uptick in Coming Weeks
As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok.“During a period of intense panic, many investors fled the markets in search of cash, or to defend their positions elsewhere,” Chan told The Merkle in a March 30 interview, referencing…

Bitcoin vs Ethereum: Community split between capped supply and deflationary model
Bitcoin proponents argued that Ether's monetary policy has changed at least seven times while BTC has seen zero changes. 851 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) and Ether (ETH), the top two cryptocurrencies by market capitalization have always been pitted against each other. With…

Crypto owners banned from working on US Government crypto policies
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation. 243 Total views 19 Total shares US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the value of digital assets.A new…

Not bothered: Miners ‘not impacted by volatility’ in Bitcoin market
Despite steadily declining prices of Bitcoin and turmoil on the markets today, some of the largest mining companies are unfazed and insist their operations will not be affected by negative price volatility.Some even see it as an opportunity to gain market share as smaller competitors collapse.Bitcoin (BTC) prices have been on a steady decline all…

Global Securities Regulator Seeks Public Feedback on Regulating Crypto Trading Platforms
Global securities regulation standard setter, the International Organization of Securities Commissions (IOSCO), has published a consultation paper on regulating crypto asset trading platforms (CTPs). IOSCO publicized the paper in an official news release on May 28.According to the news release, IOSCO’s membership regulates over 95% of the world's securities markets in more than 115 jurisdictions.…

Malaysian Securities Commission issues revised digital asset guidelines
Regulation for initial exchange offerings and digital asset custodians comes into force today. 1116 Total views 23 Total shares The Securities Commission Malaysia has issued revised guidelines governing digital assets, effective as of Oct. 28. These are intended to regulate initial exchange offerings, or IEOs, and digital asset custodians.According to the SCM, the rules aim to…