GeneralBeginnerThree individuals have been charged by federal authorities in connection with a massive $400 million hack targeting cryptocurrency exchange FTX in 2022. The indictment accuses the defendants of orchestrating a SIM swap attack, hijacking the phone number of an FTX employee to gain access to…
#crypto#ftx#hackers
GeneralBeginnerSingapore’s police force has made a noteworthy move, officially endorsing the use of hardware wallets for securing cryptocurrency holdings. This public endorsement signifies a growing recognition of the importance of robust cybersecurity measures within the digital asset space. Hardware wallets,…
#crypto#hardware-wallet#security
XRP LedgerBeginnerOn Tuesday, January 31st, siphoned off a staggering $112 million worth of XRP, the native cryptocurrency of the Ripple network. The stolen funds, amounting to approximately 213 million XRP tokens, were swiftly moved through various cryptocurrency exchanges, raising concerns about security…
#crypto#hackers
GeneralBeginnerThe bankrupt cryptocurrency exchange FTX has announced plans to fully repay its customers and relaunch its trading platform. This comes after FTX filed for Chapter 11 bankruptcy in November 2022, following a liquidity crisis triggered by concerns about its financial stability. The announcement was…
#crypto#ftx#wallets
BitcoinBeginnerBitcoin’s recent price gains have drawn attention to a key factor: the surge in stablecoin supply. Over the past month, stablecoin supply witnessed a significant 3.5% increase, injecting over $10 billion into the crypto market. This influx appears to be playing a crucial role in bolstering…
#crypto#stablecoins
SolanaBeginnerThe Spanish government’s X account, believed to be operated by the National Intelligence Center (CNI), has been spotted actively participating in crypto airdrops, according to a recent investigation by El Español. Airdrops are a marketing strategy used by cryptocurrency projects to distribute free…
#crypto#hackers#x
GeneralBeginnerThe United Arab Emirates (UAE) has taken a monumental step toward the future of finance, successfully executing the first-ever cross-border transfer using it’s Central Bank Digital Currency (CBDC), the digital dirham, through the mBridge platform. This landmark transaction, completed on January…
#cbdc#crypto
BitcoinBeginnerThe recent approval of the first Bitcoin futures-based Exchange-Traded Fund (ETF) in the US sparked a frenzy in the cryptocurrency world. But whispers in the industry suggest this might just be the first step. Many believe Spot Bitcoin ETFs, which would directly track the price of Bitcoin, could…
#crypto#etfs
BitcoinBeginnerThe BlackRock Bitcoin ETF, launched in October 2023, has surpassed $2 billion in holdings, marking a significant milestone for the world’s largest asset manager’s entry into the cryptocurrency market. This comes as outflows from the Grayscale Bitcoin Trust (GBTC), a popular investment vehicle for…
#crypto#etfs
GeneralBeginnerAuthorities successfully recovered over $674 million worth of stolen cryptocurrency in 2023, a significant portion stemming from large-scale hacks. This figure represents a 25% recovery rate, highlighting advancements in security measures and investigative techniques within the crypto space. This…
#crypto#defi#hackers
BitcoinBeginnerThe Hong Kong Securities and Futures Commission (SFC) has received its first spot Bitcoin BTC$42,188 exchange-traded fund (ETF) application, just weeks after the Securities and Exchange Commission of the United States authorized the first spot BTC ETF. Harvest Hong Kong, one of China’s largest…
#crypto#etfs#sec