Will DOGE reach $1 this cycle? It's a 'crapshoot,' say analysts

The attackers used social engineering to defraud the GoDaddy staff. 1045 Total views 11 Total shares Yesterday, security researcher KrebsOnSecurity reported that several cryptocurrency platforms hosted by popular hosting provider Godaddy have been attacked over the past week.According to KrebsOnSecurity, the attacks began on or around November 13th on cryptocurrency trading platform liquid.com.Liquid CEO Mike…

Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they prefer, including private ones.In a commentary piece published on Feb. 12, the Heritage Foundation notes that Facebook’s Libra global stablecoin project “is just the…

WisdomTree has launched multiple crypto ETPs in Europe and continues efforts to launch a spot Bitcoin ETF in the United States. 675 Total views 28 Total shares The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA)…

Though Sam Bankman-Fried could not attend the congressional hearing virtually due to his recent arrest in the Bahamas, United States lawmakers held no punches criticizing the former FTX CEO and business practices at the firm.As the sole witness before a hearing of the U.S. House Financial Services Committee on Dec. 13, FTX CEO John Ray…

The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023. 244 Total views 1 Total shares Georgia, a major cryptocurrency-friendly country among post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions.The National Bank of Georgia (NBG) plans to…

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the Bank of Venezuela.” The…

Blockchain payment network Ripple signed an open letter to United States regulators on July 28 ahead of fresh hearings on cryptocurrency regulation this week. In the wake of mixed feelings from Congress on both Facebook’s Libra digital currency and crypto more broadly, Ripple CEO Brad Garlinghouse appealed to Washington to be lenient in its future approach.The…

Despite not yet having functional smart contracts on the layer-one, intrepid Cardano developers have recently hacked together methods to mint bootleg nonfungible tokens. These experiments in hosting unique data on the blockchain are reminiscent of the pre ERC-721 standard era for Ethereum — and, what’s more, so far they’ve proven to be enormously popular with…

Bitcoin (BTC) prepares to exit a grim November just above $16,000 — what could be on the menu for BTC price this week?In a time of what analyst Willy Woo has called “unprecedented deleveraging,” Bitcoin is far from out of the woods after losing over 20% this month.The impact of the FTX implosion remains unknown,…