Another hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto. Another Crypto Exchange Hack The popularity of attacks on crypto exchanges seemingly continues to grow, with another such exchange being hit just recently, in Japan. It is largely believed that such incidents…
This week, Danish publications reported that Danske Bank CEO has resigned amidst allegations of potential money laundering hundreds of billions of dollars, an amount that is equivalent to the market cap of crypto. When billions or dollars are involved, history has it that banks can’t resist the urge to “inject” the money into the system,…
The Cyber Threat Alliance has just released their latest Joint Analysis focusing on the threat posed by illicit cryptocurrency mining. The report shows that incidents of the cyber attack have surged a massive 459 percent since last year. Incidents of Illicit Mining Surge After Leak of Eternal Blue Exploit The Joint Analysis of illicit cryptocurrency…
Boston, Massachusetts-based, $6.9 trillion asset manager and financial services company, Fidelity Investments, is close to entering the cryptocurrency space, with an announcement from the firm expected “by the end of the year,” if recent comments from Fidelity’s CEO holds true. Fidelity Investments CEO Reveals Work on Crypto Products, Announcement Coming While speaking during last week’s…
56 minutes. That’s the time it took for XRP price to surge 20 percent inevitably causing a frenzy. Though there has been particular news about a Coinbase listing for example, historically, rumors of Coinbase listings trigger swings. Decisive conclusions from the US Securities and Exchange Commission (SEC) or a confirmed launch of xRapid also played…
Grandshores Technology Group, a Hong Kong-based public blockchain investment company, is planning to raise $12.7 million through a digital token fund in an effort to finance a yen-backed cryptocurrency project. More Stable Coins Into The Crypto Pot Grandshores Technology was initially a contracting company that pivoted to the blockchain industry after being acquired by SHIS,…
To honour its 10th birthday, a group of artists from around the world are putting on an art exhibition exploring the cultural impact of Bitcoin. The “Art (r)Evolution” event will take place during the last week of September and first week of October in Paris, France. Art (r)Evolution Exhibition to Explore Crypto Use Cases The…
The crypto prices have dropped once again after a wallet that has been dormant for four years sees new activity. As many are already aware, the recent events in the crypto world have had strong consequences on the prices of digital coins. Not only has the entire year been marked by a constantly bearish market,…
Asia’s seventh largest economy Taiwan has pursued friendly regulation for crypto and blockchain companies, as the government recognized the potential of blockchain technology in bolstering the economic growth of the country. This year, Malta, described as the “Blockchain Island,” established a new trend of implementing favorable policies for crypto startups to enlarge the cryptocurrency market.…
As the Indian government further complicates their stance on whether or not citizens should be allowed to trade and own cryptocurrencies, hackers have found a way to exploit government websites in order to make a fortune in cryptocurrency through a popular hack called cryptojacking. A team of security researchers have found that multiple government owned…