Month: June 2024

Cybercriminals have once again preyed on cryptocurrency users, this time by creating a deceptive mobile application that impersonates the legitimate Phantom wallet service. Masquerading as the genuine app, this fraudulent software has been cunningly positioned in app store search results, outmaneuvering the real Phantom wallet by appearing first as an advertised result. The counterfeit creation […]

Recent data analysis by CryptoQuant indicates a promising sign for Bitcoin enthusiasts – the downward pressure exerted by Bitcoin miners is easing. With a declining trend in the amount of Bitcoin being sold by miners, there’s an optimistic outlook for the value of Bitcoin and possibly the entire cryptocurrency sector. After the last Bitcoin halving […]

Amid heated political atmosphere, President Joe Biden’s performance in the most recent presidential debate has caused concern within the Democratic Party. His opponent, former President Donald Trump, remained steadfast in his commitment to his previous administration’s economic policies, which included tax cuts and increased tariffs. Despite the analysts’ worries about the potential implications for inflation […]

Presidential Debate Overlooks Crypto Discussions In an unexpected turn of events, the much-anticipated presidential debate between the incumbent, Joe Biden, and Donald Trump failed to address the burgeoning sector of cryptocurrencies. Enthusiasts and investors were left wanting as the 90-minute session skirted around the topic of digital currencies—a subject that has sparked considerable interest among […]

Exploiting Server Vulnerabilities for Crypto Gains A group of security experts have illuminated the tactics of the 8220 Gang, revealing their cryptocurrency mining schemes that exploit vulnerabilities in Oracle WebLogic Servers. Trend Micro, a prominent cybersecurity firm, has identified the operation style of an entity they’ve dubbed Water Sigbin. The group is notorious for harnessing […]

The pursuit of Ruja Ignatova, known for masterminding a monumental cryptocurrency fraud, intensifies as the United States government is offering a reward of up to $5 million to anyone providing information leading to her arrest. Dubbed the “cryptoqueen,” Ignatova has been on the run since her 2017 indictment, leaving a trail of financial devastation with […]

As blockchain technology advances, new systems known as sidechains and cross-chains are being introduced to improve scale and functionality. These systems facilitate interactions across different blockchain platforms but also introduce their own sets of risks. Sidechains work by establishing supplementary chains that are tethered to a main blockchain, which allows them to transfer assets and […]

Personal finance expert and author takes a firm stance against Bitcoin ETFs, relating them to his previous criticisms of gold and silver ETFs. He suggests that these funds fail to offer the genuine value attributed to the tangible assets they’re based on. The author, known for his best-selling book on monetary literacy, argues the concept […]

Aptos Foundation Collaborates with Alibaba Cloud to Propel Japan’s Blockchain Development The Aptos Foundation and Alibaba Cloud are joining forces to boost the blockchain domain within the Asia-Pacific area, especially focusing on Japan. This strategic development aims to foster and elevate Japan’s blockchain capabilities, improving access to emerging technologies across the region. The Birth of […]