Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

Bitcoin (BTC) starts a new week with traders licking their wounds after a 10% snap crash.BTC price action is struggling to recover from a manic end to the days prior to the weekend, and the fear is palpable going into what could turn out to be an equally volatile few days.With $26,000 so far forming…

Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding.ConsenSys recognizes “more unique ideas”Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of experiential marketing Yadira Blocker confirmed the latest round of startups to receive cash.ConsenSys has been funding what it considers promising projects…

Ether (ETH) flirted with its $4,380 all-time high on Oct. 21 but failed to breach it by a few dollars. Some analysts, including independent market analyst Scott Melker, believe that an exchange-traded fund (ETF) approval is the next logical step for the U.S. Securities and Exchange Commission (SEC).My bet is we will see an Ethereum…

The protocol was at the center of some recent hacks and exploits in decentralized finance, including the alleged theft of $455 million by the North Korea-affiliated Lazarus Group. 823 Total views 6 Total shares The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the…

China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over $299 million without any major problems. This suggests that China is much ahead of its competitors in developing and studying the central bank digital currency (CBDC).However, the European Central Bank does not want to be…

The price of Bitcoin (BTC) surpassed $13,000 for the first time since June 2019. The optimism around PayPal supporting crypto purchases led the overall market sentiment to brighten within a short period. Immediately after the PayPal news was reported, the price of Bitcoin increased from $12,300 to $13,200 at the day’s peak. Although the medium-term…

The right to privacy is enshrined in many legal traditions around the world. In the United States, it’s protected by the Fourth Amendment; in the European Union, it falls under Article 8 of the European Convention for Human Rights. While definitions differ between jurisdictions, most of us have a right to a reasonable expectation of…

Bitcoin’s tumultuous week continues as data points to further downside in BTC price.

While CBDCs could help central banks address the decline in cash payments, some risk factors remain. 3860 Total views 17 Total shares Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency Fitch Ratings has warned.Fitch Ratings released a report on Monday entitled…