US Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance.
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Report: North Korean Hackers Created Realistic Trading Bot to Steal Money
The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to employees of DragonEx exchange.In March 2019 the hackers stole approximately $7 million in various cryptocurrencies from Singapore-based DragonEx exchange. Though a…

How to earn passive crypto income in a bear market?
The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging for those who are new to the space and don’t have much…

Majority of institutional investors ready to buy digital assets, study says
A new study found that institutional investors’ appetite for digital assets, including cryptocurrencies, is growing. New data shows that institutional investors’ interest in cryptocurrencies and crypto-related businesses is continuing to grow. Fidelity Digital Assets, the crypto arm of the global asset management giant Fidelity Investments Inc, tasked Coalition Greenwich to survey 1,100 institutional investors to understand…

Slow, but not steady: India’s stance on Bitcoin and crypto is evolving
India’s reserve bank has long since condemned the use of cryptocurrencies, but other than the Supreme Court striking down its 2018 bill last year, the Indian government’s stance on cryptocurrencies has been largely uncertain. On one hand, top sources tracking the government’s stance say it has shifted away from the idea of a complete ban. On…

EU Central Bank Won’t Add Bitcoin to Reserves — Says It’s Not a Currency
The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session.Responding to a private query as part of its regular interactive Twitter program, which it administers under the hashtag ‘#AskECB,’ the bank said it had no plans to add bitcoin…

Core Scientific shares drop 18% as Microsoft cuts some CoreWeave deals
Core Scientific sealed a $100 million deal with CoreWeave in March 2024 to provide data center services. Shares of Bitcoin miner Core Scientific (CORZ) fell 18% on March 6 after reports that Microsoft reduced its commitment to CoreWeave, Core Scientific’s partner. According to the report, CoreWeave missed deadlines and had issues delivering materials needed to

Why is Solana (SOL) price up today?
Solana’s price is up today as Jerome Powell delivers his most dovish outlook in years, raising bets on a 100% rate cut in September.

Coinone will stop withdrawals to unverified external wallets
The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.” 590 Total views 24 Total shares South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January.In a…