A physical store in Central Moscow looks like a miniature version of the New York Stock Exchange (NYSE). Except, the store doesn’t list stocks on its trading screens; it lists Bitcoin and other cryptocurrencies. DeeCrypto has been in business since seven-months but is more than just a place that lets members exchange virtual currencies in…
Cybersecurity researchers have exposed Greedy Bear, a Russia-linked hacking group accused of creating a network of fake cryptocurrency wallets to lure unsuspecting users. Disguised as legitimate services, these wallets allowed the group to harvest private keys and siphon digital assets. A sprawling cybercrime campaign known as GreedyBear has quietly siphoned more than $1 million in…
Bitcoin plunges below $40,000 in the early hours of the weekend and proceeded to backpedal in the face of escalating tensions on the Ukraine-Russia border, not to mention ongoing inflationary unease. At the time of writing, the world’s most popular cryptocurrency was trading near $38,700, down 3.4% in the previous 24 hours and at its…
Despite the large number of crypto-centric companies founded and based in the U.S. — like Coinbase, Kraken, and so on and so forth — American regulation hasn’t been all too kind to the budding industry around Bitcoin over the past few years.Blockchain firms are fined millions by the Securities and Exchange Commission (SEC) and digital…
Cryptocurrency mining will soon be banned in several regions across Russia due to an escalating electricity crisis. This move, prompted by severe energy deficits, aims to stabilize the power grid in affected areas. Regions facing the ban include the Far East, southwestern Siberia, and the South, where authorities anticipate insufficient power capacity until at least…
Bitcoin surged as much as 9% after a weekend selloff, on anticipation that cryptocurrencies may gain popularity as a result of Russian sanctions. According to TradingView, the crypto market appears to have recovered after weeks of poor performance, with the price of Bitcoin (BTC) rising 14.5 percent in the last week to little over $43,000.…
According to figures from Coinbase and Coindesk, cryptocurrency values have risen nearly as swiftly as they fell, with some analysts referring to Bitcoin’s capacity to act as a safe haven asset during times of global turmoil. The cryptocurrency market cap reached $1.7 trillion today, indicating that the broader crypto industry has rebounded nicely. Bitcoin is…
The crypto market has just entered into another tough period when a lot of coins started losing its value. In the midst of all the chaos, one cryptocurrency exchange announced a new pump scheme on several random coins, while hoping to get a boost itself. YoBit Plans a Pump-And-Dump Scheme YoBit, a Russia-based cryptocurrency exchange…
Minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country, Vitalik Buterin, a Russian-Canadian cofounder of the Ethethereum B blockchain, criticized Russian President Vladimir Putin on Twitter. Buterin Speaks Out Buterin said on Wednesday evening that he was “very upset” by Putin’s choice to start a war…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…