U.S. prosecutors have filed charges against a Russian national who they say was involved in several ransomware scams. That together brought in about $200 million, most of it in cryptocurrency. Hospitals, schools, and even police stations were hit by ransomware attacks. Mikhail Pavlovich Matveev was a member of the Lockbit,
On the “Nakamoto Stage” at Bitcoin 2023, the Democrat candidate for President of the United States made some bold promises. When asked about his personal experience with Bitcoin, Robert F. Kennedy Jr. pledged to defend Americans’ rights to acquire and use the cryptocurrency if he were elected president. The presidential
ConsenSys, the company responsible for the crypto wallet MetaMask, has dispelled rumors regarding its collection of taxes from cryptocurrency users. On May 22, the company clarified that these rumors stemmed from a misinterpretation of MetaMask’s terms of service, emphasizing the presence of inaccurate information. š¢ We are aware of tweets
Vivek Ramaswamy is the second US presidential contender in 2024 to announce that he would take Bitcoin contributions. Saying, “Give $1,” Ramaswamy said that he would take Bitcoin contributions. This news broke just two days after Robert F. Kennedy Jr. made history by becoming the first U.S. presidential contender to
Local media in Brazil reported on May 19 that Binance’s Brazilian payment processor, Latam Gateway, has been awarded a license by the country’s central bank to function as a payment institution and electronic money issuer. In a recent statement, Binance said that Brazil is one of its most promising international
President Joe Biden said at the G7 summit that he had discussed the need for a bipartisan accord with all four congressional leaders before leaving for the trip. Biden has said that the Republican plan is not acceptable. Biden specifically mentioned cryptocurrency while stating that he would not support a
The decentralized cryptocurrency blender Tornado Cash already had difficulties before an attacker took complete control of the governance by submitting a fraudulent proposal. An attacker gained 1.2 million votes for a fraudulent proposal at 3:25 PM ET on May 20. Because the proposition obtained over 700,000 valid votes, the attacker
Ethereum Layer 2 scaling solution Arbitrum and the decentralized blockchain oracle network Chainlink have announced the release of Chainlink Verifiable Random Function (VRF) on Arbitrum One. This gives programmers access to one of the most popular RNG used in the blockchain industry. On May 22nd, Chainlink and the Arbitrum Foundation
The Litecoin community is eagerly anticipating the upcoming block reward halving, which set to occur in just 74 days. As the date draws near, it becomes crucial to understand the implications of this event for Litecoin and the wider cryptocurrency market. Litecoin, often referred to as silver to Bitcoin’s gold,
Cardano (ADA), one of the leading cryptocurrencies, has recently made a significant impact in the decentralized exchange (DEX) market. In the last 24 hours, it secured the 12th position in terms of trading volume across the entire crypto landscape. This surge in trading activity propelled ADA’s value by an astounding
