Crypto news

Russian-speaking threat actors who come from former Soviet Union are the primary drivers of various types of crypto-related cybercrime, including ransomware, illegal crypto exchanges, and darknet markets, according to the latest report by TRM Labs. In fact, ransomware groups that speak Russian were also found to be responsible for at least 69% of all ransomware earnings in 2023, totaling over $500 million. Russian-Speaking Threat Actors Dominate In its latest report,...

[PRESS RELEASE – New York, United States, July 27th, 2024] Pawfury ($PAW) is making significant strides as its presale exceeds $4.5 million in funds raised. In recognition of this milestone, Pawfury is offering an exclusive 10% bonus on purchases for a limited time with the code “EXTRA10.” Transition to Public Trading The Pawfury presale is nearing completion, with participants acquiring $PAW tokens before they become available for public trading. This transition is expected...

Wazir X issued a report on Thursday, with new revelations of the $235 million hack, stating all indicators point to the custody service provider it relies on, Liminal Custody. According to the report, the custodian may have suffered a security breach, causing it to approve a transaction to a fraudulent wallet address. Nothing seemed suspicious at the surface level. “In this cyber attack, the malicious transactions involved signatures from three WazirX signers and one from Liminal, confirming...

A few months after the SEC gave the initial green light, the spot Ethereum ETFs officially hit the ground last Tuesday. However, the immediate results have been quite underwhelming, and one can’t help but compare them to the spot Bitcoin ETF launch in January this year. ETH ETFs Vs. BTC ETFs CryptoPotato reported earlier this week that the nine spot Ethereum ETFs had a solid first day, gathering more than $106 million in net flows. As expected, the converted Grayscale fund...

Although we still have a long way to go in 2024, this year has already been quite eventful for the cryptocurrency industry and not only for Bitcoin. The second-largest digital asset also received a massive dose of validation earlier this year when the US Securities and Exchange Commission greenlighted almost ten exchange-traded funds tracking its performance. The first several days of trading, though, have been quite underwhelming. The ETH ETFs were initially greenlighted a...

TL;DR Litecoin (LTC) leads in non-empty wallets with over 8 million, followed by Dogecoin (DOGE) with 6.69 million. Ripple (XRP) and Shiba Inu (SHIB) holders have also been on the rise, recently reaching all-time high numbers. Here is the Ranking The crypto analytics platform Santiment revealed the six alternative coins that currently have the most holders on their respective networks. Litecoin (LTC) leads the pack with almost 8.10 million non-empty wallets, while Dogecoin...

The stablecoin ecosystem rose to over $164 billion this past week—the last time it did this was before the Terra ecosystem collapse, linked to the UST stablecoin. This spike in market cap implies growing interest in blockchain technology as users buy and trade assets and products, interact with DeFi protocols, and more. Stablecoins are assets that reference the value of other assets, including fiat currencies and precious metals. The value of the most popular stablecoins is tied to the US...

Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. Michigan Buys Bitcoin According to the filing, the pension fund made its first Bitcoin investment through the Ark 21Shares...

Well-known cryptocurrency critic and United States Senator Elizabeth Warren is waging war on digital asset miners, especially foreign-owned facilities, for their supposed risks to environmental and national security. During a recent Senate Committee on Banking, Housing, and Urban Affairs hearing, Warren questioned the Treasury Department’s assistant secretary for investment security, the Honorable Paul Rosen, about the threat such entities pose on U.S. soil. A Threat on U.S....

Steven Fulop, the mayor of Jersey City, New Jersey, has announced that the city’s pension fund will allocate a portion of its investments into Bitcoin ETFs. Fulop also expressed his long-standing belief in cryptocurrency, although he had not publicly mentioned Bitcoin or other assets before July 25. Jersey City Updates Paperwork with SEC In a July 25 post on X, Mayor Fulop announced that they are updating paperwork with the United States Securities and Exchange Commission...