Bitcoin will protect the wealth that AI creates: Pompliano

Cybergang Evil Corp hackers reportedly demanded $10M to restore full access to Garmin’s customer support services and navigation solutions. 1331 Total views 22 Total shares Multinational tech company Garmin may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several…

The Spanish National Securities Market Commission (CNMV) has added 23 unauthorized forex and cryptocurrency entities to its warning list on Jan. 14.Among the companies added to the list is Blonde Bear OÜ, also referred to as Black Parrot Ltd., which claims to be a forex and cryptocurrency exchange operator but reportedly operates in Spain without…

Thursday, July 4— The number one cryptocurrency Bitcoin (BTC) is seeing mild gains on the day as ether (ETH) and ripple (XRP) trade sideways. Market visualization. Source: Coin360Bitcoin has had a volatile week. Bitcoin was trading at over $13,000 on June 26 and under $10,000 on July 2. Bitcoin is currently trading at just over $11,850,…

Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this year and is rewarding employees with massive bonuses on Labor Day.Bitmain has since confirmed that information to…

1. How does payment fraud happen? Fraudsters are getting increasingly creative — meaning constant vigilance is essential to protect crypto. Ghost platforms that mimic legitimate exchanges. Fake platforms that invent users in order to make their business seem real. Clones of addresses that at first glance seem identical to the places you usually send funds.…

Bank of America (BoA) has gained a further cryptocurrency-related patent, a filing confirmed Oct. 30, continuing its efforts to “be prepared” for the industry’s future growth.The latest award, which adds to the bank’s mounting stack of cryptocurrency and blockchain patents, references storage methods for private keys.Specifically, the filing reads, current opportunities for ensuring private keys…

The lending platform halted client withdrawals amid filing for bankruptcy in November 2022, but later petitioned the court for authorization to return user funds. 367 Total views 4 Total shares Many customers at defunct crypto lending firm BlockFi have reported being able to withdraw funds for the first time in months following an order from…