MoneyGram, a renowned player in the financial services sector, has recently experienced a significant setback attributed to a cybersecurity issue. The company confirmed that its services were disrupted due to this breach, which began affecting operations on September 20, leading to a multi-day outage. As reports surfaced, MoneyGram promptly took action, investigating the situation and […]
OpenAI's X Account Compromised by Crypto Scammers
Cryptocurrency scams continue to pose a significant threat in the digital landscape, as evidenced by the recent hacking of OpenAI’s official X account. Scammers exploited this prominent account to promote a fraudulent blockchain token named ‘$OPENAI,’ which claimed to offer users access to exclusive future OpenAI beta programs. The post not only misled users but […]
Societe Generale Collaborates with Bitpanda to Boost Crypto Integration
In a significant move that underscores the growing intersection of traditional finance and the digital asset world, Societe Generale has established a partnership with Bitpanda, aiming to enhance the integration of cryptocurrencies and stablecoins within the global financial system. This collaboration is particularly focused on the adoption of Societe Generale-FORGE’s euro-denominated stablecoin, EUR CoinVertible (EURCV). […]
Ellison Faces Prison for Role in FTX Collapse
Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison due to her involvement in one of the largest financial scandals in US history—the collapse of the cryptocurrency exchange FTX. This unprecedented case has drawn significant attention not only within the financial world but also in broader discussions surrounding corporate […]
Cryptocurrency Takes Centre Stage in US Elections
As the 2024 United States presidential elections approach, cryptocurrency has emerged as a pivotal issue, creating significant implications for economic policy and regulation. The political landscape is witnessing dramatic shifts, particularly in how candidates position themselves regarding this increasingly influential digital asset class. Gary Gensler, chair of the US Securities and Exchange Commission (SEC), has […]
Trump Uses Bitcoin in New York Bar Visit: A Strategic Engagement with Crypto
In a groundbreaking moment for cryptocurrency adoption, former President Donald Trump made headlines during a recent visit to PubKey, a cryptocurrency-themed bar in Manhattan. This event marked a significant milestone, as Trump became the first US president, past or present, to publicly use Bitcoin for a purchase. The transaction involved buying burgers ahead of a […]
Bitcoin Set for Major Breakout This Week
Despite the uncertainties that often shroud financial markets, Bitcoin has once again surprised observers with a notable 9% rise in September. Historically viewed as a bearish month for cryptocurrencies, this performance sets the stage for a potential dramatic shift in momentum. According to market analysts, Bitcoin is positioned within an ideal timeframe for a significant […]