Thu, July 10

Attackers on Ronin Bridge Made Off  $625M Switch Money to Bitcoin

The assets taken from Ethereum have been transferred by Ronin hackers . Most of the stolen funds were first converted to ETH and sent to Tornado Cash. The Ethereum assets that were taken by Ronin hackers have been moved to the Bitcoin network. The hackers who carried out the $625

August 22, 2022 2 mins read

JP Morgan’s CEO Jamie Dimon Warns of Catastrophic Recession

Dimon then said that there is a 20-30% chance that something much worse may occur. Goldman Sachs CEO David Solomon has previously issued a similar warning. Jamie Dimon, CEO of JPMorgan Chase & Co., recently warned clients on a conference call that something much worse than a recession might be

August 22, 2022 1 min read

‘Block’ Under Scrutiny by Consumer Financial Protection Bureau

Cash App’s handling of customer complaints and disputes is the subject of the probe. The deadline for 2021 compliance was also December 5, 2021. Block Inc., founded by Jack Dorsey, is being sued by the Consumer Financial Protection Bureau (CFPB). The Consumer Financial Protection Bureau claims that Block did not

August 21, 2022 2 mins read

SBI Holding Plans To Shut Down Mining Operations in Russia

The company not only mines Bitcoin but also Bitcoin Cash and Bitcoin SV. The precise date when SBI will end its cryptocurrency mining in Russia is still unknown. Japanese financial services giant SBI Holdings, according to a Bloomberg report, is winding down its cryptocurrency mining activities in Russia. One of

August 20, 2022 2 mins read

Philippines Regulator Issues Warning Against Crypto Volatility

The central bank of the Philippines is the regulator of the crypto sector in the country. The central bank issued a warning that citizens are not insured against financial losses. Recently, Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, issued a public warning against unregistered and international crypto service

August 20, 2022 2 mins read

Major Cryptocurrencies Drop Below Amid Sudden Market Crash

BTC dropped below $21k, after reaching $25,135.59 in the previous week. Major altcoins are also witnessing a sudden huge crash. Following a continuous positive surge over July, the global crypto market saw a significant crash on previous days, with a crucial fall of major cryptocurrencies. The unexpected drop in the

August 20, 2022 1 min read

Bitcoin Miners Cash in Significant Earnings Before Price Fall

BTC has been able to maintain a $24,000 support level over the previous weeks. Over the last day, the value of BTC has fallen by over 8%. Many investors lost money this year due to the bears’ unexpected appearance. After the price of the Bitcoin fell below $20,000, Bitcoin (BTC)

August 20, 2022 2 mins read

Crypto Market Fumbles, Over $600M Liquidated in Last 24 Hours

Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable

August 19, 2022 2 mins read

New Restrictions Cap Yearly Crypto Purchases in Canada

The customer’s ability to make net purchases may be restricted in certain cases. The cap limit does not apply to 4 major cryptocurrencies. In order to comply with rules, Canadian cryptocurrency exchanges have implemented procedures to restrict yearly purchases of crypto assets to CAD 30,000 (USD 23,250), with the exception

August 19, 2022 2 mins read

Indian Authorities Join the Hunt for BitConnect Scam Mastermind

In a sophisticated pyramid scam, the scam caused participants to lose billions. The US government filed charges against Satish and his confederates in September 2021. BitConnect was launched in 2016 and was hailed as a major game-changer. As a result of its popularity among eager investors seeking huge profits in

August 19, 2022 2 mins read
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