Keeping pace with Elon Musk is hard work. For a while, he was all-in on Bitcoin. But, then his recent tweet about Bitcoin mining’s energy sources made the accusation that all miners are destroying the planet by using dirty fossil fuels to power their operations. But, is that the truth? […]
Fantom DeFi protocol Stake Steak has suffered an exploit allowing a hacker to mint massive amounts of the protocol’s STEAK token, causing the price to crash over 93%. Stake Steak Protocol Attacked Another DeFi protocol has been hacked, this time on Fantom. Stake Steak, a DeFi protocol that aims to […]
After hovering in the lower $40k range for the last week of September, Bitcoin price finally got the boost it needed on the first of this month. The price increased from $43.2k to $48.4k. As a result, altcoins followed the following, and the global crypto market cap surpassed $2.1 trillion […]
Dionaea, an Israeli private intelligence firm, unveiled a film that shows an insider from SpotOption, a binary options broker company, saying that the firm allegedly tricked its platform into taking money from traders. According to The Times of Israel, the insider recorded an alleged executive of the broker who shouted […]
According to a report by Japanese news outlet Nikkei, the National Tax Agency has intensified its clampdown on crypto tax defaulters in the region whom it specifically accuses of failing to pay about 1.4 billion Yen ($12,595,030) of Cardano (ADA). Japan accounts for the largest number of ADA traders in […]
Edward Snowden has touted the antifragility of Bitcoin (BTC) despite increasing regulatory scrutiny on cryptocurrencies around the world. Tweeting on Sunday, the former United States Central Intelligence Agency agent stated that Bitcoin has gotten stronger on the back of government bans and anti-crypto policies. Snowden’s tweet referenced remarks made back […]
BitOasis, a cryptocurrency exchange from the United Arab Emirates, has partnered with the Dubai Police Force to raise awareness about frauds related to crypto investment and trades. The exchange’s partnership with the Dubai Police is intended to help build regulations that will make crypto safe for investors in the region, […]
South Korean cryptocurrency exchange Upbit will soon halt services for unverified users. On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements. According to the announcement, Upbit will start gradually limiting services for unverified users […]
Congressman Tom Emmer (R-Minn.) has led a letter backed by six other colleagues on a bipartisan basis to the Federal Reserve, following comments from Chairman Jerome Powell about how a central bank digital currency would reduce the need for innovation from the private sector. Rep. Emmer, who is among the leading voices […]
The Bitcoin (BTC) exchange rate has been on a positive run as the price broke out above the high of $48,000. Although buyers failed to sustain the bullish momentum above the $48,000 high, the BTC price fell back to support at $47,000. Since October 1, buyers have made a concerted […]
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