Cryptojacking Skyrockets: Here’s How It Works
Cryptojacking has been on the rise with hackers targeting financial firms. It is a type of cyber attack which involves hijacking a computer and using its power to mine cryptocurrencies.…
Investing
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Bitcoin Miner Core Scientific Announces Post-Bankruptcy Comeback to Return to Nasdaq
Core Scientific has announced its return to the Nasdaq following a comprehensive reorganization post-bankruptcy. According to Core Scientific’s recent release, the Bitcoin miner has emerged from its Chapter 11 bankruptcy…
Bitcoin Price Prediction: Drops to $39,650 Amid Unconstitutional Canadian Law & GBTC Withdrawals
In the In the realm of cryptocurrency, the latest Bitcoin price prediction becomes increasingly complex as the asset dips to $39,650, influenced by a blend of regulatory news and investment…
GBTC ETF Sees Another $515M in Outflows as Bitcoin Price Remains Below $40k
GBTC has reported another $515 million in outflows on January 23, taking the total outflows to $3.4 billion since its conversion to spot ETF earlier this month. Nine other recently…
70% of Crypto Asset-Related Communications Violate Rules: FINRA
The U.S. Financial Industry Regulatory Authority (FINRA) has reported that approximately 70% of crypto asset-related communications reviewed in a recent targeted exam have failed to comply with its rules. According…
BitMEX Founder Arthur Hayes Predicts Bitcoin Support Range at $30,000 to $35,000
BitMEX founder Arthur Hayes has predicted Bitcoin (BTC) to find support in the range of $30,000 to $35,000. In a recent blog post, the crypto billionaire said he has purchased…
Edward Snowden Urges Crypto Community to Fund Tornado Cash Pioneer’s Legal Defense
Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense. Storm and his co-founder Semenov were arrested in…
South Korean Tax Body Seized Crypto Worth $28.4m From ‘Tax Dodgers’ in 2023
South Korea’s tax body last year confiscated cryptoassets worth $28.4 million from citizens who were trying to avoid paying taxes. Per Newsis, the number of “crypto tax dodgers” has ballooned…
BIS Unveils 2024 CBDC Plans, Project ‘Aurum’ Enters New Phase
Source: BIS The Bank of International Settlements (BIS) has unveiled that its central bank digital currency (CBDC) is entering a new phase this year. Dubbed ‘Aurum,’ the CBDC project will…
South Korean Authorities Slammed for Taking Crypto Regulation ‘Baby Steps’
South Korea’s financial regulators are taking “baby steps” while US counterparts forge ahead with rapid crypto regulation progress, a new report has claimed. Per the South Korean media outlet News…