Jian Wen, a former takeaway worker residing in north London, was found guilty of one count of money laundering after she was found with Bitcoin worth over $2.5 billion (£2 billion) in 2018. Jian Wen assisted a Chinese fugitive known to Wen as Zhang Yadi, whose real name is Qian Zhimin, in laundering the BTC […]
On Monday, U.S. District Judge Robert Shelby levied sanctions against the Securities and Exchange Commission (SEC) in response to accusations of serious misconduct in the legal action against Utah-based cryptocurrency firm DEBT Box. The decision comes after the judge determined that the SEC had committed a “gross abuse of power” in its handling of the […]
The United Nations (UN) Security Council has released a report showing North Korea earns 50% of its foreign exchange earnings from cyberattacks. The council is also investigating involvement in cyberattacks associated with cryptocurrency companies, which reportedly caused losses of approximately $3 billion (450 billion yen). North Korea’s Cyberattacks Target Cryptocurrency North Korea primarily conducts cyberattacks […]
A 46-year-old housewife in Hong Kong has reported losses of 7.1 million Hong Kong dollars ($908,000) after investing in a fraudulent crypto investment platform. According to a report by the South China Morning Post, people familiar with the matter revealed that the woman did not realize she had been scammed until a year after the […]
TL;DR Shiba Inu analysts remain optimistic that future peaks are just around the corner. A possible ascent might be fueled by the asset’s burning program and developments in the Shibarium network. After a few weeks of trading on the downside, Shiba Inu’s price finally headed north this week, increasing by some 9% in that period. […]
The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According to several letters filed with the United States Commodity Futures Trading Commission (CFTC) earlier this month, Coinbase Derivatives will launch monthly cash-settled and margin futures […]
Bitcoin’s price has already gone through a massive rally in the past six months or so, perhaps fueled first by the hype of the spot ETFs in the US and then the actual demand for those products once they went live. As such, the asset broke its 2021 all-time high but faced a massive correction […]
In August 2022, the US Treasury Department’s Office of Foreign Asset Control (OFAC) imposed sanctions on Tornado Cash, prohibiting its usage for US citizens, residents, and companies. But this has not deterred hackers from moving stolen funds through the controversial crypto tumbler to obfuscate tracking. In fact, PeckShield’s latest update reveals that exploiters of the […]
A recent study has raised alarms after identifying a vulnerability in Apple’s M-series chips that has the potential to enable hackers to retrieve the cryptographic private keys of Mac users. In the absence of a direct resolution, the other method suggested by researchers may drastically hamper performance. Apple M-Series Chips Susceptible to Key Extraction The […]
TL;DR Solana-based meme coins could potentially outperform Shiba Inu, depending on market support and influential endorsements. Dogwifhat and Bonk Inu stand out for their recent gains and exchange listings, though overtaking Shiba Inu’s market dominance seems like a tough mission. What Needs to Happen? The meme coin sector has recently made serious waves, with its […]