US Republican lawmakers call on Treasury to explain recent cyber breach

"The department once again showed how it can and will follow the money," said Deputy Attorney General Lisa Monaco. 303 Total views 2 Total shares Authorities in the United States have made arrests and announced the seizure of $3.6 billion in cryptocurrency more than five years after hackers stole 119,756 Bitcoin (BTC) from the Bitfinex…

The U.S. Federal Reserve’s inflation “sledgehammer” is about to batter the prices of Bitcoin (BTC) and Ether (ETH) down even further, before reaching back to new all-time highs in 2025, according to Bloomberg analyst Mike McGlone. Ahead of the latest Fed interest rate hike to be announced this week, the market is expecting a minimum…

In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s messaging.Harrison’s original tweet said, “Direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the…

Ethereum co-founder Gavin Wood spoke at the Unitize conference on July 6 regarding blockchain governance in the Polkadot project. 930 Total views 41 Total shares Gavin Wood, the co-founder of Ethereum and Parity Technologies, says crypto-economic systems act like “nation-states” of the internet, running on governance as a type of parliamentary democracy. Wood joined the Unitize…

The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.”

The United States Securities and Exchange Commission’s floor is littered with failed crypto fund filings, but this year, following Canada’s lead, the U.S. might actually have an exchange-traded fund that tracks digital assets. After all, the price of Bitcoin (BTC) is booming, the SEC has a new crypto-savvy chairman, and Canada, which is sometimes viewed as…

In the month of July, Upbit outperformed both Coinbase and OKX in terms of spot trading volume for the first time. 317 Total views 3 Total shares South Korean cryptocurrency exchange Upbit overtook both Coinbase and OKX in terms of spot trading volume in July for the first time, according to data published on Aug.…

The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000. 667 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTThe Bank of England (BOE) is seeking a “proof of concept” for a wallet that will…