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North Korean Hackers Allegedly Behind  Million Cryptocurrency Heist

North Korean Hackers Allegedly Behind $35 Million Cryptocurrency Heist

[ad_1] North Korean cybercriminals are the prime suspects in a recent cryptocurrency heist involving the theft of a substantial $35 million. Cybersecurity analysts shared this assessment with CNN on Tuesday, pointing to telltale signs in the tactics and techniques used in the attack. The victim of the heist, Atomic Wallet, a widely-used cryptocurrency service based

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US SEC sues Binance and Coinbase, but Bitcoin remains above k

US SEC sues Binance and Coinbase, but Bitcoin remains above $26k

[ad_1] Key takeaways The cryptocurrency market looks promising at the moment despite the events of the last two days. In the first two days of the week, the US Securities and Exchange Commission (SEC) sued both Binance and Coinbase, two of the largest cryptocurrency exchanges in the world. Despite the lawsuits, Bitcoin maintains its value

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Coinbase Sued by SEC; Another Violation of Securities Laws

Coinbase Sued by SEC; Another Violation of Securities Laws

[ad_1] Key Takeaways The U.S. SEC sues Coinbase for a variety of violations, such as failing to register as a national securities exchange, broker and clearing agency, among others. Gensler stated that Coinbase also failed to provide proper investor protection and proper registration its staking-as-a-service program. Share this article The United States Securities and Exchange

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The Implications of Growing Cryptocurrency Acceptance for Major Retailers and Companies

The Implications of Growing Cryptocurrency Acceptance for Major Retailers and Companies

[ad_1] Major merchants and businesses are now accepting digital currencies as a genuine payment option, demonstrating how quickly cryptocurrencies have acquired recognition as a payment mechanism. This change will have a big impact on how business will operate in the future and how widely cryptocurrency will be used. This article examines the effects of big

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Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’

Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’

[ad_1] SEC sued Binance for violating securities laws on Monday. Here’s what Binance said in its response to the regulator. Coinbase Global ended 10% down on today’s development. Binance is in focus on Monday after the U.S. Securities and Exchange Commission (SEC) sued the world’s leading crypto exchange. Here’s what Binance said in its response

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Ethereum’s Potential Surge: VanEck Predicts ETH Value to Reach .8k by 2030 Amid Booming Smart Contract Adoption

Ethereum’s Potential Surge: VanEck Predicts ETH Value to Reach $11.8k by 2030 Amid Booming Smart Contract Adoption

[ad_1] In a recent report, investment management firm VanEck predicts that the Ethereum (ETH) token price could surge to $11,800 by 2030. The forecast is grounded on the revised valuation model estimating that Ethereum’s network revenues will significantly rise from the current $2.6 billion annually to $51 billion by the end of this decade, assuming

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Bitcoin network hash rate hit a record high in May

Bitcoin network hash rate hit a record high in May

[ad_1] Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s largest cryptocurrency lost about 8.0% last month. Bitcoin may have lost about 8.0% last month on macro uncertainty but the network activity remained incredibly strong. JPMorgan analyst expects a slowdown in hash rate In

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