Crypto news

According to White House officials, bitcoin – though it has its benefits – has increased ransomware cases across the country. The White House Isn’t Confident in BTC A White House spokesperson (who remains anonymous) recently commented in an interview: When bitcoin became more widely used, we saw a huge jump in ransomware because it was a way to move money across borders. It’s a borderless threat, and we [need] to tackle it in a borderless way. The threat has clearly evolved. The government...

Lawmakers in the country have passed the “On Digital Assets of the Republic of Kazakhstan” crypto assets bill and other laws that focus on crypto mining. The Mäjilis, or the lower hours of the Parliament of Kazakhstan, approved the four bills. Following the Chinese miner exodus, Kazakhstan emerged as one of the preferred destinations due to cheap electricity. However, as crypto mining boomed, lawmakers have come up with hostile measures against the industry. Stringent Rules...

What will bring bitcoin back from the brink of disaster? According to famed venture capitalist and digital currency enthusiast Tim Draper, the answer is women. Tim Draper: Women Are the Answer The crypto space has been doing very poorly as of late. The industry has fallen by more than $2 trillion in valuation and some of the largest, mainstream digital assets – including bitcoin – are down by 70 percent or more from their 2021 November highs. It’s an ugly sight to see, and many analysts are...

A recent study conducted by CNBC estimated that only 8% of American participants currently have a favorable view of cryptocurrencies. Those who supported the asset class in March 2022 were 19%. The market has been through a lot since then – the prices plummeted, the Terra ecosystem crashed, and FTX filed for bankruptcy. Change of Trends 43% of the US participants in CNBC’s “All-America Economic Survey” said they have a negative view of digital currencies, while this figure...

Bitstamp is the oldest digital currency exchange in the world. Not long ago, it announced it’s set to begin doing business in the European nation of Luxembourg, and it will soon offer its services to crypto traders in that region. Bitstamp Is Cementing Itself in Luxembourg Jean-Baptiste Graftieaux – CEO of Bitstamp – said in an interview: We have a combination of engineers and product people who understand crypto or fintech. We also have experts in information security area and data...

Microsoft revealed that malicious entities are getting more sophisticated by the day. According to a new report, Telegram chat groups are being used to target cryptocurrency investment companies. The tech giant identified a threat actor – DEV-0139 – who infiltrated Telegram groups posing as a representative of a crypto platform. Targetted Attacks Against Crypto Companies The post published by Microsoft’s Security Threat Intelligence team stated the threat actors had...

The broader cryptocurrency market didn’t see a major change in the past 24 hours, as its total capitalization remains the same. As we go into the weekend, it becomes clear that some cryptocurrencies performed really well throughout the week, so let’s dive in. Bitcoin Stable Above $17K The BTC price didn’t go through any major moves in the past 24 hours and remains above $17K. It’s worth noting, however, that it had increased up to $17,360 in the early afternoon yesterday, but...

INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed SILK on December 9, 2022. For all users of LBank Exchange, the SILK/USDT trading pair is now officially available for trading. As the first web3 esports with earnings, Spider Tanks enables players to earn for their play through its complex and brilliantly designed reward economy. Its native token SILK has been listed on LBank Exchange at 13:00 UTC on December 9, 2022, to further expand...

INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed PET CASTLE PROTOCOL (PCP) on December 9, 2022. For all users of LBank Exchange, the PCP/USDT trading pair is now officially available for trading. Building a blockchain-based pet community, Pet Castle Platform provides pet related online and offline services including Pet ID Card, Pet Business Card, and Pet Castle Urban Theme Park that consists of pet hospital, pet academy, pet beauty,...

MicroStrategy Executive Chairman Michael Saylor spoke on Tuesday about the layers of evil and mismanagement behind FTX’s collapse last month.  The executive accused the exchange’s former CEO, Sam Bankman-Fried, of both committing securities fraud through FTT, and using the asset as collateral to gamble away his depositor’s money. Dissecting the FTX Fraud In an interview with Patrick Bet David on Monday, Saylor – a self-proclaimed “Bitcoin Maximalist” – began by naming what he...