Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst
Bitcoin, the crypto market leader and largest digital asset, currently trades at $58,877 following a rather negligent price movement in the last day. According to data from CoinMarketCap, the premier cryptocurrency saw more lows than highs in…
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure…
XRP Retreats To $0.55, On-Chain Metrics Expose Investor Pain
XRP is now trading at $0.55, following weeks of speculation and excitement from investors who expected a sharp price rise. However, fear and uncertainty drive the market, with Bitcoin and most altcoins trading at lower levels. This downturn has…
Crypto Hacks and Scams Cost $300 Million in August
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest…
Google Chrome Vulnerability Exploited by North Korean Hackers, Microsoft Warns
Microsoft recently detected a North Korean cyber group, Citrine Sleet, exploiting a security vulnerability in Chromium-based browsers, including Google Chrome. This flaw allowed attackers to execute malicious code on compromised devices. Citrine…
80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec
Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions.
Payments in National Currencies Surge to 92% Among SCO Members
Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which…
Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk…
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the…
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