Ransomware losses down 35% year-over-year: Chainalysis
Ransomware attackers still extorted more than $800 million from victims in 2024, data shows.
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Some Salvadorans claim funds are missing from their Chivo wallets
“No tech support and only useless calls, where is my money," said Luis Guardado in a direct appeal to El Salvador President Nayib Bukele. 552 Total views 17 Total shares Some of the money from El Salvador’s state-issued Chivo wallets is reportedly missing, according to many Salvadorans posting on social media.In a Dec. 16 Twitter…
Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market
Scientists at the University of Melbourne and Tsinghua University published pre-print research comparing the cryptocurrency market to traditional equities. 201 Total views 4 Total shares Own this piece of history Collect this article as an NFTA pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show…
What is Shibarium, and what does it mean for Shiba Inu?
Shibarium is an upcoming layer-2 (L2) blockchain network built on Ethereum for Shiba Inu. It will transform Shiba Inu, a memecoin, into a complete ecosystem. Ryoshi, the anonymous creator of Shiba Inu, proposed the Shibarium project in a now-deleted blog post in May 2021. The project intends to build a blockchain layer-2 solution on the…
Canadian regulator takes enforcement actions against Bybit and Kucoin
"Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions," said the OSC. 356 Total views 38 Total shares The Ontario Securities Commission, or OSC, issued financial penalties against Bybit and Kucoin, claiming violations of securities laws and operating unregistered crypto asset trading platforms.In…
Bitcoin eyes $77K as investor confidence spikes post-US election
Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory.
Citi’s bullish Coinbase target: ‘Buy crypto’s general store’
Multinational investment bank thinks Coinbase stock is worth 30% more than its current price. 187 Total views 19 Total shares Financial services multinational Citi initiated coverage of U.S. crypto exchange Coinbase’s stock this week with a very bullish price target.Citi analyst Peter Christiansen told investors that they could “buy crypto’s general store,” in a research…
Study: Swiss Fintech Sector Grows, While Traditional Banks Decline
A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1.The report dubbed “IFZ FinTech Study 2019” was prepared by the Lucerne University of Applied Studies with an aim to show developments in the fintech industry in 2018…
Bitcoin Surges to $9.3K for First Time in a Week — Is it a Fakeout?
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, surged past $9,300 on July 21 for the first time in over a week. Following a low-volatility range, traders are seemingly turning cautiously bullish in the near-term.Since late June, Bitcoin has been stuck in a relatively tight range between $9,000 and $9,250. It struggled…