Crypto thieves score big on centralized services, private keys in 2024
Crypto hackers had a busy year in 2024 and cybersecurity experts warn that continued advances in artificial intelligence could bring new attack vectors in 2025.
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Skyweaver’s parent company secures $40M in Series A funding
The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors. 363 Total views 5 Total shares Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by…

Bitcoin hits a new all-time high of $105K, gaining 20% in the last month
It comes as the Federal Reserve is expected to go ahead with a December rate cut in December, rumors that Trump may use Bitcoin as a US reserve asset from “day one” and more.

Denmark orders Saxo Bank to erase cryptocurrency holdings
Financial regulators in Denmark are coming after cryptocurrency service providers, declaring that local banks are not allowed to hold cryptocurrency to hedge against trading risks.On July 4, the Danish Financial Supervisory Authority (DFSA) officially ordered the local investment bank Saxo bank to dispose of its own holdings in crypto.The regulator said that Saxo Bank’s crypto…

Ethereum Price Sets 2020 High — Are Investors Buying the ETH 2.0 Hype?
Altcoin price action has been the talk of the town for the past two weeks — and for good reason. Since the start of 2020, altcoins like Icon (ICX), AION and WanChain (WAN) have surged more than 200%, 120% and 60% respectively, leading some analysts to suggest that a new altcoin season has begun. Crypto market…

CFTC Seeks $429M Penalty Against Ponzi Operator Who Ghosted Them
While nobody can find the man behind alleged ponzi scheme Control-Finance, the CFTC is asking the court to throw the book at him. In the case of United Kingdom-based Control-Finance and its AWOL operator Benjamin Reynolds, the United States Commodity Futures Trading Commission asked the court to order Reynolds pay nearly half a billion dollars…

Quantum computing to run economic models on crypto adoption
By many accounts, quantum computing (QC), which uses atomic “spin” instead of an electrical charge to represent its binary 1’s and 0’s, is evolving at an exponential rate. If QC is ever realized at scale, it could be a boon for human society, helping to improve crop yields, design better medicines and engineer safer airplanes,…

Potential Bitcoin price fall to $65K ‘irrelevant’ since central bank liquidity is coming — Analyst
Bitcoin's (BTC) 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop was particularly concerning for bulls, as gold surged to a record high at the same time, undermining Bitcoin’s “digital gold” narrative. However, many experts argue that a

Revolut Confirms Firing 62 Employees in the Wake of Coronavirus
London-based tech startup Revolut confirmed its employee downsizing numbers. 670 Total views 28 Total shares Revolut fired a number of employees since the coronavirus outbreak began, according to a story from Wired. The European fintech company responded with a statement on the numbers and rationale.“As in many companies, COVID-19 necessitated cost cutting across our business…