Category: Blockchain and Cryptocurrency

FBI says North Korea behind $1.5bn crypto heist

FBI Identifies North Korea as Culprit Behind $1.5 Billion Crypto Heist In a recent revelation, the Federal Bureau of Investigation (FBI) has pointed fingers at North Korea for orchestrating a massive $1.5 billion cryptocurrency heist. The attack, which has been attributed to the infamous Lazarus Group, not only underscores the increasing prowess of North Korea […]

Scam mobile app BOM steals $1.8 million in crypto from victims

Beware of Scam Mobile App BOM: How It Stole $1.8 Million in Crypto from Victims In the ever-connected world of mobile applications, the convenience of accessing services at our fingertips comes hand in hand with the risk of falling victim to scams. Recently, a malicious mobile app named BOM has made headlines for its deceitful […]

Russia claims crypto mining ban is easing Siberia’s power grid

Russia Claims Crypto Mining Ban is Easing Siberia’s Power Grid Russia recently made headlines by announcing a ban on cryptocurrency mining in an effort to alleviate the strain on its power grid. The decision was met with mixed reactions, with some applauding the government’s proactive approach to energy consumption, while others expressed concerns about the […]

Hackers steal $1.5 billion in largest-ever crypto heist

The $1.5 Billion Crypto Heist: A Cybersecurity Wake-Up Call In what is now considered the largest-ever cryptocurrency heist, hackers managed to steal a staggering $1.5 billion worth of digital assets. This brazen act has sent shockwaves through the digital currency world, highlighting once again the vulnerabilities that come hand in hand with the rapidly evolving […]

Montana rejects Bitcoin reserve bill

Montana Rejects Bitcoin Reserve Bill: What This Means for Cryptocurrency Regulation Montana recently made headlines in the world of cryptocurrency as it rejected a bill that would have allowed state residents to pay their taxes with Bitcoin. The proposed legislation, known as the Bitcoin reserve bill, aimed to establish a framework for the state government […]

ECB moves closer to digital euro with blockchain innovation

ECB Accelerates Towards Digital Euro Adoption Through Blockchain Innovation The European Central Bank (ECB) has taken a significant step forward in its journey towards the adoption of a digital euro, leveraging blockchain technology to revolutionize the region’s financial landscape. This move comes as part of the ECB’s strategic goal to enhance and unify Europe’s capital […]

CNB governor calls for Bitcoin research in banking

Governor AleÅ¡ Michl Urges Central Bankers to Explore Bitcoin Technology for Banking Reserves In a bold move that has raised eyebrows across European financial circles, Governor AleÅ¡ Michl of the Czech National Bank (CNB) is advocating for the integration of Bitcoin technology into traditional banking systems. Michl’s call for research into the use of Bitcoin […]

EU approves 10 stablecoin issuers, Tether left out

EU Approves 10 Stablecoin Issuers, Tether Left Out The European Union’s recent approval of ten stablecoin issuers has sent shockwaves through the cryptocurrency community, with one notable absentee causing a stir. Tether, one of the most widely used stablecoins in the world, has been left out of the list of approved issuers, a move that […]

Cryptocurrencies gain traction in Hong Kong schemes

Cryptocurrencies Gain Traction in Hong Kong Schemes The world of cryptocurrencies is expanding its reach into unconventional territories, with Bitcoin and ether making waves in Hong Kong’s residency-by-investment program. Officials have confirmed that these digital assets have been successfully used to demonstrate wealth as part of the scheme, signaling a significant shift in the perception […]

Argentine President rejects claims over LIBRA meme coin

Argentine President Rejects Claims Over LIBRA Meme Coin The world of cryptocurrency is no stranger to controversy, with new digital coins and tokens popping up every day. Recently, Argentina found itself at the center of a crypto storm when President Milei came under fire for allegedly promoting the LIBRA meme coin. However, Milei quickly clarified […]

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