Bitcoin stagnates as bearish headwinds continue to blow

Quite like cryptocurrency itself, crypto scams seem here to stay. 2151 Total views 65 Total shares EOS Ecosystem, a wallet app that attracts investors to deposit EOS with promised high returns, has reportedly shut down and possibly run away with close to $52 million, according to an April 20 report. $52M is gone and more is…

Blockchain could make its way into disaster relief operations from the United States Department of Defense, the organization revealed in a press release Dec. 21.During a presentation hosted by the Defense Logistics Agency Troop Support’s Continuous Process Improvement (CPI) office in Philadelphia earlier this month, officials reviewed how blockchain technology could help emergencies responses.Efforts to…

Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result.Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft of 10 million native FSN and 3.5 million Ethereum (ETH)-based ERC-20 FSN tokens. The Foundation’s investigation…

The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges.

According to Cyvers Alerts, Mask Network founder Suji Yan’s account is suspected of being hacked as a suspicious address received almost $4 million worth of cryptocurrency. Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan. According to Cyvers, other flagged addresses had received about

Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5.Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing that hackers could strike any moment, Komodo’s cybersecurity team decided to use the same exploit to move compromised crypto…

Valora said it will use the funds for product development and create educational content "to get more people comfortable using cryptocurrencies." 440 Total views 12 Total shares Celo-powered crypto wallet Valora has closed on a $20 million funding round, as the company announced it will become a standalone entity.In a Tuesday announcement, Valora said Andreessen…

Bear market advice from Youtuber NasDaily, whose “once in a generation” bet on Bitcoin is down roughly $200,000. 84 Total views 2 Total shares Youtuber NasDaily endured a Bitcoin (BTC) baptism by fire. The entrepreneur and influencer with over 50 million followers invested $500,000 in Bitcoin —right before the bear market kicked in. Cointelegraph spoke to…