Researchers Discover Huge Crypto Scam Botnet on Twitter
Researchers have uncovered a large botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency “giveaway” scam.
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Thai SEC Files Charges Against Former Zipmex Thailand CEO
Thailand's Securities and Exchange Commission has filed charges against former Zipmex Thailand CEO Akarlap Yimwilai.The SEC accused the exchange of misleading customers and presenting false information.Thailand's Securities and Exchange Commission (SEC) accused former Zipmex Thailand CEO Akarlap Yimwilai of corruption and deception, according to a statement on Thursday.The SEC found that customer assets held in
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The Creator of Proof-of-Stake Thinks He Finally Figured It Out
Known for creating the first proof-of-stake-based cryptocurrency, pseudonymous developer Sunny King is back with an idea that's sure to surprise – adding hardware. Proof-of-stake, or PoS, has been heralded as a more ecological way to come to consensus on blockchains since it doesn't rely on expensive hardware using vast amounts of electricity to compute mathematical…
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New York Regulator Adds 3-Strike Rule for BitLicense Applicants
Jun 26, 2020 at 08:46 UTCUpdated Jun 26, 2020 at 08:47 UTC(littlenySTOCK/Shutterstock.com)New York’s financial watchdog has warned crypto companies that their BitLicense applications could be thrown out without warning if its feedback is not heeded. In an update Wednesday, New York’s Department of Financial Services (DFS) said a new three-strikes rule would authorize it to…
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Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners’ Share of the Network Peaks
The bitcoin hashrate has surpassed 700 EH/s for the first time, marking a 6% increase over the past seven days. Bitcoin's hashprice briefly went above $50 PH/s, a two-month high, as mining profitability increased driven by a spike in transaction fees and a surge in bitcoin's price. 01:31 Bitcoin ETFs Are "Trojan Horse for Adoption":
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Kadena to Go Live In October with $3 Billion Asset Manager Onboard
news Brooklyn-based startup Kadena will launch a public blockchain this October, the company announced Monday at CoinDesk’s Consensus 2019 conference in New York. Founded in 2016, Kadena raised over $14 million last year to develop a new proof-of-work (PoW) blockchain network called Chainweb that would seek to offer users high transaction volumes without slowing down…
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Trump-Themed Tokens Rocket as Prominent Crypto Fund Bets on Coins Modeled After Ex-President
Mechanism Capital said it is betting on tokens and NFTs centered around Donald Trump.In the run-up to the U.S. elections, Trump's media profile is likely to drive these meme coins higher, regardless of whether or not he wins, the crypto fund said.Several Donald Trump-themed tokens on Ethereum, Solana and other networks spiked as much as
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Total Stablecoin Supply Nearly Doubled in Q3, Adding Record $8B
Quarterly stablecoin circulating supply growth since 2016Nearly $8 billion were added to the aggregate supply of stablecoins in the past three months, nearly doubling the industry’s supply of crypto dollars from $11.9B at the end of Q2 to just below $20B on Wednesday, according to Coin Metrics data.“2020 seems to be the year of stablecoins,”…
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How This Crypto Hedge Fund Nailed the Trump Trade
Donald Trump won the 2024 presidential election by a landslide. Whereas polls indicated the race was a tossup, crypto hedge fund Lekker Capital went full-in on the Republican candidate. The fund’s founder, Quinn Thompson, told CoinDesk how he came about his non-consensus view. 02:04 Tesla Is Moving Bitcoin; Trump-Supported Token Falls Flat 02:28 Trump Pumps