Sun, January 12

Hackers Stole DAI and ETH Worth $3M in DEUS Finance Hack

Hackers could make off with 200,000 DAI and 1101.8 ETH. The hacker used Tornado cash, a currency mixing tool, to transfer the stolen coins. In the latest case of a decentralized finance (DeFi) marketplace being targeted by an attack, Deus Finance has lost almost $3 million in DAI and Ethereum

March 15, 2022 1 min read

FSA of Japan Orders Crypto Exchanges to Adhere on Sanctions Imposed

Japan has been slow to adopt stronger regulations on private digital currencies. According to an industry body, 31 exchanges were operating in Japan on March 4. Monday, Japanese authorities issued an order instructing crypto exchanges to stop processing transactions involving assets frozen by the United Nations Security Council because of

March 15, 2022 1 min read

Crypto Worth Millions Discovered in Sanctioned Wallets by Elliptic

15 million cryptocurrency addresses were also linked to Russian criminal activities. According to Robinson, there is a debate over the magnitude of crypto use. Elliptic, a company specializing in blockchain analytics and security, collaborates with law enforcement to identify cryptocurrency wallets linked to banned persons or groups. A wallet with

March 15, 2022 2 mins read

Elon Musk Reveals No Plans of Selling Off Crypto Owned

Inflation in the United States reached a 40-year high of 7.9 percent last month. Russia’s conflict with Ukraine is anticipated to have long-term economic repercussions. After a Twitter conversation with MicroStrategy’s Michael Saylor, Elon Musk said that he would hold three main crypto coins in his portfolio. The billionaires were

March 14, 2022 1 min read

23-Year-Old Australian Boy Reaped Rewards by Investing in Crypto in 2017

Nguyen cashed out his crypto assets in November-December 2021. The crypto investments of Nguyen surpassed the value of his stock portfolio. For a young Australian from Queensland, the lengthy game of collecting Bitcoin (BTC) and Ethereum (ETH) ultimately paid off, and he now has his ideal house, thanks to the

March 13, 2022 1 min read

Bitcoin ATMs to Shut Down in UK Following FCA Crackdown

No UK firm selling crypto-currency services has a license to run a crypto-ATM. Kevin O’Leary, a well-known investor is in favor of cryptocurrencies. Financial Conduct Authority (FCA) has declared that bitcoin ATMs in the UK would be shut down, according to a BBC report. This is because no UK firm

March 12, 2022 1 min read

Recent Crypto Sanctions Defies the Core Decentralized Structure of Cryptocurrencies

The recent sanctions are causing people to reevaluate the purpose of cryptography. Pressure is being placed on the top participants in the crypto industry by the West. A devastating epidemic has struck the globe. War rages over Europe; Russia is entangled economically. Inflation in the United States has reached 40-year

March 11, 2022 1 min read

New York-Based Nightclub Collaborates With Coinbase to Start Accepting Crypto

The company is working with Moonwalk to bring NFTs to market. The option allows customers to pay with cryptocurrency exactly as fiat. A New York City nightclub, “Somewhere Nowhere,” is to begin taking cryptocurrency payments for its services in light of the growing popularity of Bitcoin and other cryptocurrencies, according

March 11, 2022 1 min read

Address Containing 489 Bitcoin (BTC) Finally Activated After 11.4 Years

The inactive address had 486.091 BTC worth $50 in 2010. Bitcoin has dropped below $40K to below $38.8K. It has recently been discovered that a Bitcoin address that has been idle for 11.4 years has been reactivated, according to Whale Alert, which tracks huge cryptocurrency transfers from wallets to exchanges.

March 10, 2022 1 min read

New Study Reveals Effects of Crypto Hack on Bitcoin Price and Volatility

After a hacking incident, Bitcoin’s volatility spiked on the sixth day. A group from Finland’s University of Vaasa is looking into the influence. There has been an increase in cryptocurrency theft and fraud. Two people were detained last month for allegedly stealing crypto. Bitfinex’s platform had 4.5 billion dollars worth

March 10, 2022 2 mins read
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