Binance suspends trader’s account after complaints on Twitter
Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange’s response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not want to service “unreasonable” clients.
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Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange’s response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not want to service “unreasonable” clients.
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Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US
Sam Bankman-Fried has been arrested by authorities in the Bahamas at the request of the U.S. government, just a day before the disgraced former FTX CEO was due to testify before Congress.
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Sam Bankman-Fried has been arrested by authorities in the Bahamas at the request of the U.S. government, just a day before the disgraced former FTX CEO was due to testify before Congress.
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US Senate banking chair floats possibility of banning crypto
United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies.
Brown’s comments were made during a Dec. 18 appearance on NBC’s “Meet the Press,” although the senator quickly added that a ban would be difficult to enforce:
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United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies.
Brown’s comments were made during a Dec. 18 appearance on NBC’s “Meet the Press,” although the senator quickly added that a ban would be difficult to enforce:
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Twitter adds BTC and ETH price indexes to search function
Social media platform Twitter has added a new crypto feature that enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab.
The new feature is an improvement of "$Cashtags" and was announced by the Twitter Business account on Dec. 21.
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Social media platform Twitter has added a new crypto feature that enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab.
The new feature is an improvement of "$Cashtags" and was announced by the Twitter Business account on Dec. 21.
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Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments.
In a transcript of proceedings for her plea deal in the Southern District of New York released on Dec. 23, Ellison acknowledged the financial ties between FTX and Alameda at the center of prosecutors’ case against former FTX CEO Sam Bankman-Fried. According to the former Alameda CEO, Alameda had access to a “borrowing facility" through FTX from 2019 to 2022.
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Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments.
In a transcript of proceedings for her plea deal in the Southern District of New York released on Dec. 23, Ellison acknowledged the financial ties between FTX and Alameda at the center of prosecutors’ case against former FTX CEO Sam Bankman-Fried. According to the former Alameda CEO, Alameda had access to a “borrowing facility" through FTX from 2019 to 2022.
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400M Twitter users' data is reportedly on sale in the black market
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts.
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400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts.
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Former Chinese central banker says digital yuan ‘usage has been low’
A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use.
Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s central bank digital currency (CBDC) at a recent university conference, according to a Dec. 28 Caixin report.
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A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use.
Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s central bank digital currency (CBDC) at a recent university conference, according to a Dec. 28 Caixin report.
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US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.
After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.
Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market year, but for the time being, few are actively predicting a recovery.
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Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.
After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.
Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market year, but for the time being, few are actively predicting a recovery.
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Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts.
Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted.
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After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts.
Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted.
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Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
Scuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. Ferrari exited its multi-year partnership deals with Velas Blockchain and chip manufacturing giant Snapdragon, resulting in a cumulative $55 million loss for the Italian team ahead of the 2023 season.
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Scuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. Ferrari exited its multi-year partnership deals with Velas Blockchain and chip manufacturing giant Snapdragon, resulting in a cumulative $55 million loss for the Italian team ahead of the 2023 season.
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5 sneaky tricks crypto phishing scammers used last year: SlowMist
Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and Trojan malware spread on the messaging app Discord.
The security firm recorded a total of 303 blockchain security incidents over the year, with 31.6% of these incidents caused by phishing, rug pull or other scams, according to SlowMist’s Jan. 9 report.
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Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and Trojan malware spread on the messaging app Discord.
The security firm recorded a total of 303 blockchain security incidents over the year, with 31.6% of these incidents caused by phishing, rug pull or other scams, according to SlowMist’s Jan. 9 report.
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Here’s how to quickly spot a deepfake crypto scam — cybersecurity execs
Crypto investors have been urged to keep their eyes peeled for “deepfake” crypto scams to come, with the digital-doppelganger technology continuing to advance, making it harder for viewers to separate fact from fiction.
Deepfakes use deep learning artificial intelligence (AI) to create highly realistic digital content by manipulating and altering original media, such as swapping faces in videos, photos, and audio, according to OpenZeppelin technical writer Vlad Estoup.
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Crypto investors have been urged to keep their eyes peeled for “deepfake” crypto scams to come, with the digital-doppelganger technology continuing to advance, making it harder for viewers to separate fact from fiction.
Deepfakes use deep learning artificial intelligence (AI) to create highly realistic digital content by manipulating and altering original media, such as swapping faces in videos, photos, and audio, according to OpenZeppelin technical writer Vlad Estoup.
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As Dollar Index Shows Fall Number Of Cryptocurrency Users Grows
- The US dollar index (DXY) fell this Wednesday, January 18, coinciding with a report from the United States Department of Commerce, which showed a decline in retail sales of 1.1% in December in that country.
- Despite the fact that 2022 was the year of a new bear market, the adoption of bitcoin (BTC) and cryptocurrencies did not stop growing during that period. This is demonstrated by the data from Crypto.com, which shows that from January to December the number of cryptoactive users rose by 39%.
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- The US dollar index (DXY) fell this Wednesday, January 18, coinciding with a report from the United States Department of Commerce, which showed a decline in retail sales of 1.1% in December in that country.
- Despite the fact that 2022 was the year of a new bear market, the adoption of bitcoin (BTC) and cryptocurrencies did not stop growing during that period. This is demonstrated by the data from Crypto.com, which shows that from January to December the number of cryptoactive users rose by 39%.
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While cryptocurrencies are considered the worst performing asset class in 2022, global investors holding cryptocurrency increased from 36% to 39% on a quarterly basis. Furthermore, cryptocurrencies are the second-largest asset class owned by women after cash.
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These Four Cryptocurrencies Have Already Doubled Their Price By 2023
Aptos (APT), Solana (SOL), Decentraland's MANA token, and Lido Dao's LDO. The first three have risen more than 130% each, while LDO is around 99% increase in these first weeks of 2023.
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Aptos (APT), Solana (SOL), Decentraland's MANA token, and Lido Dao's LDO. The first three have risen more than 130% each, while LDO is around 99% increase in these first weeks of 2023.
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Three Important Bitcoin Facts to Highlight This Week
According to reliable sources, the so-called bitcoin crabs and shrimps, with less than 10 BTC, have continued to accumulate and hoard more than 4 million BTC; With the recent rise in the price of bitcoin, 68% of the addresses in the network are currently gaining, records Glassnode; and the average bitcoin transaction amount went from less than $1,000 to $2,000 in early 2023.
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According to reliable sources, the so-called bitcoin crabs and shrimps, with less than 10 BTC, have continued to accumulate and hoard more than 4 million BTC; With the recent rise in the price of bitcoin, 68% of the addresses in the network are currently gaining, records Glassnode; and the average bitcoin transaction amount went from less than $1,000 to $2,000 in early 2023.
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This Cryptocurrency Has Risen 400% In January And Reaches The Top 25
This is Aptos (APT), created by former members of Meta, the former Facebook. Its rise so far in the first month of 2023 already exceeds 400%, going from 3.5 to more than 18 dollars at the time of writing this article.
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This is Aptos (APT), created by former members of Meta, the former Facebook. Its rise so far in the first month of 2023 already exceeds 400%, going from 3.5 to more than 18 dollars at the time of writing this article.
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Hackers take over Azuki’s Twitter account, steal over $750K in less than 30 minutes
Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27, leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posing as a virtual land mint.
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Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27, leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posing as a virtual land mint.
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