FED Member Waller discusses Bitcoin spot ETFs: “I’m concerned about banks holding significant amounts.”

During a recent conference in the Bahamas, Fed member Christopher Waller delivered notable remarks. However, he refrained from discussing the economy or monetary policy in his prepared comments. Waller indicated that the US dollar would maintain its position as the world’s reserve currency. He asserted that recent developments have reinforced this position. This stance arises…

Read More

KSI refutes involvement in crypto pump and dump scheme, citing lack of expertise in the cryptocurrency realm.

Influencer KSI faced allegations of endorsing questionable cryptocurrency projects, subsequently selling off the tokens to his followers.   summary KSI’s endorsement of XCAD and ERN tokens sparked market interest, but he swiftly sold $850,000 worth of XCAD and $349,000 worth of ERN. The influencer faced allegations of potential market manipulation. In the world of cryptocurrency,…

Read More

Lazarus Group’s tactics evolve in crypto laundering through the use of bridge techniques.

While overall crypto laundering has decreased, sophisticated criminals like the Lazarus Group are transitioning from mixers to cross-chain bridges. Cryptocurrencies present a new frontier for money laundering, challenging traditional methods. Blockchain’s transparency exposes every transaction, yet criminals creatively seek to conceal their funds, aiming to convert illicit cryptocurrencies into fiat currency unnoticed. The “2024 Crypto…

Read More

Kelexo (KLXO) presale attracts holders of Tron and DOGE, aiming for a 25x increase.

The Kelexo (KLXO) presale has become a notable focus for investors, especially those who possess Tron (TRX) and Dogecoin (DOGE). Given the potential for substantial returns reaching up to 25x, the Kelexo (KLXO) presale has garnered substantial attention from cryptocurrency enthusiasts, heralding a fresh wave of excitement and promise within the financial realm. Tron (TRX)…

Read More

Chainlink and Telefonica unveil Web3 solutions to tackle SIM card fraud.

Recently, the Spanish telecommunications giant Telefonica made headlines by announcing its collaboration with Chainlink. This strategic move is geared towards addressing Web3-related vulnerabilities, such as SIM card fraud. Given the significant impact these vulnerabilities have had on the cryptocurrency sphere, this development is unquestionably welcomed. The manner in which this collaboration will enhance Web3 security…

Read More

Adam Back Suggests Bitcoin (BTC) Could Hit $700,000 if This Occurs

Blockstream CEO Adam Back, a prominent figure in the cryptocurrency space, recently suggested in a post that Bitcoin could potentially exceed $700,000 if it manages to match the market capitalization of gold, currently around $13.5 trillion. Back’s remark was prompted by observations that Bitcoin is not only attracting substantial investment but also causing a decline…

Read More

Progress Continues on the United Kingdom’s CBDC Plans Amid Privacy Concerns

summary Amid ongoing discussions about privacy, the United Kingdom is advancing its plans for a CBDC, while also advocating for privacy protections and transparency. The United Kingdom is forging ahead with its efforts to introduce a central bank digital currency (CBDC), despite lingering worries about privacy implications. Recently, the government released the results of its…

Read More

Patients At Risk: Bitcoin Ransomware Paralyzes Hospitals Throughout Romania

In a destructive cyber assault, more than a hundred healthcare facilities in Romania have succumbed to a ransomware attack, causing significant disruptions to crucial operations and jeopardizing patient care, according to reports from local media. The attack, directed at a widely utilized medical information system, unfolded overnight on Monday, forcing doctors and staff to resort…

Read More

The implications of Bitcoin dropping below $50K for long-term holders

summary The primary factor behind the retracement was the inflation data exceeding expectations. The amount of long-term holder (LTH) supply held at a loss decreased to 6.5%, indicating a shift towards distribution. Bitcoin’s time at $50,000 was brief, with recent developments leading to a minor price correction within the last 24 hours. Indeed, the flagship…

Read More

An ethical hacker establishes a Security Alliance aimed at safeguarding cryptocurrency projects.

Renowned cybersecurity expert Samczsun, operating under a pseudonym, has founded a fresh alliance of white-hat hackers dedicated to shielding cryptocurrency projects from the escalating threats of cyber assaults. Samczsun, employed at the digital-asset investment firm Paradigm, christened the initiative Security Alliance and established it as a non-profit organization. Across the industry, numerous developers and cryptocurrency…

Read More