Feb 29 2024
Ripple’s price has been consolidating against USDT while consistently dropping lower against BTC. Things might get even worse in the short term if nothing changes from a technical analysis aspect. The 200-day moving average has rejected the price to the downside, and the market is likely to pull back toward the $0.50 level. The RSI …
Feb 28 2024
Elastic Security Labs has uncovered a sophisticated cyber intrusion by North Korean hackers believed to be associated with the Lazarus group. This incident, tracked as REF7001, involved the use of a new macOS malware named Kandykorn, which has been specifically designed to target blockchain engineers involved in cryptocurrency exchange platforms. What sets this attack apart …
Feb 28 2024
Blockchain intelligence firm Glassnode highlighted how risk appetite is increasing across various cohorts of the Bitcoin market. Since the start of the year, Bitcoin has enjoyed massive capital flows, with the asset’s realized cap rising by $30 billion to $460 billion – just 3% away from its all-time high. When measured against Bitcoin’s market cap …
Feb 28 2024
Kyrgyzstan’s leading investigative journalism outlet Kloop to be liquidated. Kloop began publishing investigations in 2010 when a group of its teenage journalists uncovered how the son of the Kyrgyz president gained illegal financial control over the country’s largest telecommunications operator. Experts invited by the court to testify say that these and other stories have contributed …
Feb 28 2024
The Securities and Exchange Commission (SEC) disclosed that multi-factor authentication (MFA) on its X account was disabled leading up to a false post. The incident occurred on Tuesday, January 9, 2024, when the SEC’s @SECGov account was compromised. Unauthorized posts regarding the approval of spot Bitcoin exchange-traded funds emerged. It was revealed that the unauthorized …
Feb 27 2024
The past seven days in the cryptocurrency market have been absolutely blasting. The total capitalization soared above $2 trillion for the first time in a long while. Bitcoin seems to be ahead of the pack for the most part, charting an increase of more than 10% in the last week. It appears that the investment …
Feb 27 2024
New York Attorney General Letitia James has massively expanded her lawsuit against Digital Currency Group (DCG) for allegedly defrauding hundreds of thousands of investors. The AG accused both firms – alongside DCG CEO Barry Silbert and ex-Genesis CEO Soichiro Moro – of “defrauding additional individuals and institutions of an additional $2 billion” Back in October, …
Feb 27 2024
The defendants allegedly extorted contractors in exchange for contracts exceeding US$13 million, relating to over 60 development projects across New York. The suspects demonstrated a high level of skill in securing lucrative under-the-table deals by bribing contractors, as stated in a statement. These individuals are believed to have been demanding approximately 10% to 20% of …
Feb 27 2024
Binance has frozen $4.2 million worth of XRP following the largest hack of 2024. The hack saw $112 million stolen from Ripple co-founder Chris Larsen’s personal wallet on January 31. Binance CEO Richard Teng announced the news on social media platform X. He also expressed gratitude towards on-chain investigator ZachXBT and the Ripple team for …
Feb 26 2024
The upcoming Bitcoin (BTC) halving is likely a bullish development, but a slew of outside factors mean it likely won’t play out the same as in previous years. Last month, the company successfully converted its Grayscale Bitcoin Trust (GBTC) into the world’s largest Bitcoin ETF. The introduction of such ETFs may impact Bitcoin’S price as …