Crypto hackers surpass $1.2 billion stolen in 2024: Immunefi

Hayden Adams’ account released a tweet encouraging its more than 254,000 followers to click on a malicious link, falsely claiming that users’ tokens were at risk. 144 Total views 4 Total shares Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder Hayden Adams’ compromised account.The "Web3…

Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hours. This downside move filled a CME futures gap that was left over from July 2021.Data from Cointelegraph Markets Pro…

As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future. Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s crypto offering during Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate,” an online event that…

Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month. 559 Total views 24 Total shares On May 5, Venezuela’s government announced that its controversial oil-backed cryptocurrency, El Petro, would go offline for maintenance until May 10.However, observers have since identified that the official Petro block explorer now lists May 5,…

Thursday, Dec. 6: Cryptocurrency markets have continued yesterday’s losses, with just two of the top twenty coins seeing any gains, according to Coin360.Market visualization from Coin360Bitcoin (BTC) is down 3.13 percent the day, seeing a high of $3,887 and low of $3,587. At press time, the major cryptocurrency is trading around $3,656.On its weekly chart,…

German Federal Minister of Finance Olaf Scholz has doubled down on his previous statement that policymakers should prevent the issuance of Facebook’s Libra stablecoin.At the International Monetary Fund and World Bank fall meeting on Friday, Scholz stressed that stablecoins could pose international risks, Reuters reported on Oct. 18. Scholz expressed his utter skepticism regarding the…

OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an undisclosed price. A blog post by OpenSea chief executive officer Devin Finzer stated that the company made this move to improve the experience of its more seasoned, “pro” users. Gem lets traders buy NFTs across various collections and…

A new DeFi yield farming platform in Thailand has rattled regulators. 1684 Total views 3 Total shares In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi.According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that…

Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin (BTC).In a Medium blog post published on Sept. 25, Long made the argument that “at a systemic level, the traditional financial system is as fragile…