Researchers Discover Huge Crypto Scam Botnet on Twitter

news Two lawmakers from the U.S. state of Colorado have introduced legislation seeking to exempt cryptocurrencies and certain digital tokens from securities laws. On Friday, senators Stephen Fenberg (Democrat) and Jack Tate (Republican) jointly filed a bill dubbed the “Colorado Digital Token Act,” proposing that digital tokens with a “primarily consumptive” purpose should be exempted from…

news Losses arising from cryptocurrency hacks and fraud may have reached as high as $1.2 billion in the first quarter of the year, new research from blockchain analytics firm CipherTrace suggests. The total figure includes over $356 million lost from exchanges (including QuadrigaCX’s $195 million) and over $850 million alleged to have been lost from the…

The U.S. Securities and Exchange Commission (SEC) has settled charges with professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled – better known as DJ Khaled – for not disclosing that they were paid to promote initial coin offerings (ICOs). Announced Thursday, the regulator said that Mayweather received $100,000 from Centra Tech, as well…

Sep 18, 2020 at 10:35 UTCUpdated Sep 18, 2020 at 10:38 UTCA miner plying his trade in 1958. (Credit: Wikimedia Commons)Miners on crypto’s second-biggest blockchain had a bumper day Thursday, earning a record $16 million for confirming a growing number of DeFi-related transactions. Data collected from Etherscan shows miners collected a total 42,763 ether in…

Bitcoin returned briefly on Monday to its recent, loftier heights above $31,000 before dipping slightly below the threshold.The largest cryptocurrency by market capitalization was recently trading at $30,690, up almost 2% over the past 24 hours as investors seemed to regain the enthusiasm they held following spot bitcoin ETF filings by BlackRock and other financial…

Mike Winkelmann sank into the sofa as three cameras recorded his meltdown. The dueling identities that had once structured his life were coming into conflict as his fortunes increased by the second. Unseen crypto billionaires were bidding for his soul, or at least it felt that way. His entire artistic career was being auctioned as

Mar 27, 2020 at 17:30 UTCUpdated Mar 27, 2020 at 17:33 UTCSen. Sherrod Brown's office intends to pursue a digital dollar as its own Senate bill. (Credit: Shutterstock)How a Flurry of ‘Digital Dollar’ Proposals Made It to CongressThe “digital dollar” took just eight days to get into Congress.Advocates for digitizing coronavirus relief payments began working…

news GIC Private Limited, a Singapore government-owned wealth fund, reportedly backed Coinbase’s $300 million funding round last year. The news comes via a Bloomberg report on Thursday citing “people familiar with the matter.” This was possibly GIC’s first investment in the crypto space, the sources added. The fund has more than $100 billion in assets…

Jan 7, 2021 at 8:24 p.m. UTC‘Bitcoin Rich List’ Rebounds to Hit All-Time HighThe number of addresses holding over 1,000 bitcoin (worth of approximately $37.5 million at the current price) is now at 2,334, a new all-time high, after the number dropped at the end of December by 3.7% to 2,221. This is an indication…