Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report
Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.
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Microsoft warns of new remote access trojan targeting crypto wallets
Microsoft’s Incident Response Team says bad actors could use StilachiRAT to steal credentials stored in the Google Chrome browser. 501 Total views 1 Total shares Tech giant Microsoft has discovered a new remote access trojan (RAT) that targets crypto held in 20 cryptocurrency wallet extensions for the Google Chrome browser. Microsoft’s Incident Response Team said

SEC Charges Ohio Man for $33M Crypto Fraud Targeting Physicians
An Ohio man has been charged by the United States Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme.The SEC’s complaint, filed in federal court in New York on Feb. 11, accuses Michael W. Ackerman of raising at least $33 million in violation of anti-fraud provisions for federal securities laws.Luring…

Crypto Mom: True decentralization is the only thing that will save DeFi projects
SEC Commissioner Pierce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch. 579 Total views 6 Total shares Hester Pierce of the U.S. Securities and Exchange Commission — colloquially known as 'Crypto Mom,' has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.Speaking to outspoken DeFiWatch…

Bitcoin futures enter backwardation for the first time in a year
Bitcoin's (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since December 2020. Bulls' current hope depends on turning $20,000 to support, but derivatives metrics tell a completely different story as professional traders are still extremely skeptical.BTC-USD 12-hour price at Kraken. Source: TradingViewIt’s important to…

Coinbase CEO calls on countries to establish Bitcoin reserves
Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump.

Finance giant SBI expands cryptocurrency lending service to XRP
After launching its crypto lending service in late 2020, SBI has now added support for XRP. 3882 Total views 12 Total shares Japanese financial services firm SBI Group has enabled XRP lending through its cryptocurrency-related subsidiary, SBI VC Trade.According to a Feb. 4 announcement, SBI VC Trade Lending users can now earn interest by depositing…

Bitcoin trading volume recorded post-halving ATH as crypto market bled
Bitcoin trading volumes reached unprecedented levels amid the market turmoil, while crypto hackers capitalized on discounted Ether.

NFT markets are out of balance, with sellers dominating: Data
Recent data has revealed that throughout April, the nonfungible token market has consistently seen more sellers than buyers, without a single exception.According to data from the analytics platform NFTGo, there were only 7,907 buyers on April 26, while there were 8,641 attempting to sell their NFTs.Days before, on April 19, the NFT market hit its second lowest…