Scammers ditch ‘elaborate’ crypto Ponzis for pig butchering: Chainalysis
The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media.
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The next big treasure: Corporations buy up Bitcoin as a treasury reserve
October is a time for surprises. On Oct. 8, right on cue, mobile payments giant Square, which boasts a market cap of $86.6 billion, announced that it had invested $50 million in Bitcoin (BTC). Five days later, asset manager Stone Ridge Holdings, which manages over $10 billion in assets, disclosed that it had purchased more…
Bitcoin Pre-Halving Hash Rate Volatility to Shake Up the Mining Sector
Bitcoin’s (BTC) mining hash rate is seeing major volatility ahead of the halving event, scheduled for May 12, as the mining sector is preparing for a major reshuffle. On May 3, the hash rate set a new all-time high, or ATH, of more than 142 exahashes per second, beating its previous record reached in March…
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano had joined Figure’s board, according to a press release on Dec. 5.The news comes three days after…
Bitmain’s ‘hard fork’ to end in $600M settlement in favor of Micree Zhan
The year-long dispute between Bitmain co-founders appears to be at an end with a $600 million compensation on the table. 747 Total views 5 Total shares After months of wrestling for control of the company, Bitmain co-founders Jihan Wu and Micree Zhan have reportedly reached a settlement. According to Chinese crypto expert Colin Wu, and…
Crypto personality pleads guilty to fraud after promising 60% returns over 3 months
The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.
Lightning network vulnerability discovered, upgrade immediately
The lightning vulnerability was made public on Oct 9. 1213 Total views 14 Total shares Lightning network node operators running LND versions prior to the Oct. 1 version 0.11 upgrade have been urged to upgrade immediately after a vulnerability was discovered affecting LND versions 0.10 and below.The vulnerability was made public in an Oct. 9…
Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’
Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750. 1126 Total views 5 Total shares March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on…
Coinbase customers can now dodge bank withdrawal wait times
New update from Coinbase quickens the transmutation of crypto into fiat. 1652 Total views 3 Total shares Coinbase has unveiled a faster way for its customers to move digital currencies out of crypto and into their bank accounts.The U.S. friendly crypto platform now allows 40 different countries faster cash withdrawals, Coinbase wrote in a Oct.…