Tagged: cryptocurrency

March 14, 2025 @ 9:20 am By Tony Zerucha  |  

The recent $1.4 billion Bybit hack by Lazarus Group has crypto industry figures weighing in on lessons that should be learned moving forward. SMARDEX co-founder Jean Rausis said the industry should review its hiring practices and closely consider crypto’s “remote nature.” “Most of us work… Read More

March 12, 2025 @ 9:24 am By Tony Zerucha  |  

While the cryptocurrency industry is experiencing growing pains (with many self-induced), Flipster head of product Youngsun Shin said that is expected for a new sector. However, he does have solutions for many of its problems. Flipster is a cryptocurrency trading platform that offers high-speed, secure,… Read More

February 23, 2025 @ 5:22 pm By Michael Wong  |  

Vietnam’s Ministry of Finance (MoF) has opposed a proposal by the Ministry of Planning and Investment (MPI) to allow cryptocurrency and digital asset transactions in financial centers starting July 1, 2026, citing the need for further research and regulatory development. The MoF’s stance was outlined… Read More

February 14, 2025 @ 11:43 pm By Tony Zerucha  |  

Hashdex, a global crypto-focused asset manager, and Nasdaq Global Indexes this week announced the launch of the Hashdex Nasdaq Crypto Index US ETF, a multi-asset spot crypto exchange-traded product available to U.S. investors. The product, now trading on the Nasdaq Stock Market under ticker NCIQ, offers… Read More

December 21, 2024 @ 2:58 pm By Michael Wong  |  

Crypto derivatives platform Binance Futures has introduced the CGPT/USDT Perpetual Contract, highlighting the rising prominence of AI-focused cryptocurrencies in the digital asset landscape. The new offering allows traders to leverage ChainGPT token (CGPT) transactions up to 75x, with USDT as the settlement currency, adding to… Read More

December 21, 2024 @ 6:56 am By Michael Wong  |  

Cybercriminal activity on the dark web surged in 2024, with significant growth in discussions around crypto-drainer malware and advertisements for corporate database breaches, according to Kaspersky’s latest Security Bulletin. The report highlights an evolving cyber threat landscape, with increased interest in malware targeting cryptocurrency wallets… Read More

December 18, 2024 @ 11:13 am By Tony Zerucha  |  

The following is commentary from Michal “Mehow” Pospieszalski, CEO of MatterFi. MatterFi is a security-focused, foundational layer for financial services to build into the crypto ecosystem, giving those organizations access to all the key services they will need to enable them to quickly build compliant,… Read More

December 1, 2024 @ 6:22 pm By Michael Wong  |  

South Korea’s main opposition Democratic Party of Korea (DPK) agreed on Sunday to postpone the implementation of a controversial cryptocurrency tax by two years, responding to mounting investor backlash and political pressure. The decision mirrors the party’s move a month earlier to scrap a planned… Read More

November 2, 2024 @ 7:37 am By Tony Zerucha  |  

Bitcoin (BTC) is likely to reach fresh all-time highs should Donald Trump win the US presidential election, predicts deVere Group CEO Nigel Green. The statement comes days before Americans hit the polls. BTC is currently around $71,000. The highest recorded price, $73,737, was paid on… Read More

November 1, 2024 @ 4:57 pm By Tony Zerucha  |  

As the Presidential election nears, Vice President Kamala Harris and former President Donald Trump are issuing stances on everything from the environment to finances. When it comes time to weigh the credibility of those statements, the founder and CEO of decentralized telecommunications network Chirp urges… Read More

October 26, 2024 @ 2:12 pm By Michael Wong  |  

South Korea is set to strengthen oversight of cross-border virtual asset trading, including cryptocurrency, with revised regulations slated for enactment by late 2025, according to reports. The government aims to revise the Foreign Exchange Transactions Act in collaboration with relevant agencies, intending to curb illegal… Read More

September 29, 2024 @ 11:15 pm By Michael Wong  |  

The Federal Bureau of Investigation (FBI) have seized more than $6 million in cryptocurrency from international perpetrators involved in fraudulent investment schemes, according to an official announcement. Matthew M. Graves, U.S. Attorney for the District of Columbia, along with U.S. Attorney Francis M. Hamilton III… Read More

September 28, 2024 @ 11:05 am By Tony Zerucha  |  

Vice President Kamala Harris needs to add some meat to the bones if she wants to woo cryptocurrency adherents with her words, Chirp founder and CEO Tim Kravchunovsky said this week. Chirp is a decentralized telecommunications network. Kravchunovsky made the comments after a speech the… Read More

September 7, 2024 @ 10:53 am By Tony Zerucha  |  

Digital security firm security.org recently released its top 17 scams for 2024, and P2P payment apps top the list. The full text can be viewed here. Security.org surveyed nearly 1,100 American adults about their recent experiences with cybercriminals and the latest online schemes. They found… Read More

August 14, 2024 @ 2:19 pm By Tony Zerucha  |  

Chirp founder and CEO Tim Kravchunovsky believes that even as traditional stock markets have taken a beating, cryptocurrencies are faring quite well (all things considered). Chirp is a decentralized telecommunications network. While the week greeted crypto investors with one of this cycle’s most significant sell-offs,… Read More

August 9, 2024 @ 5:48 pm By Omar Faridi  |  

Uppsala Security is pleased to share that it has been instrumental in supporting a landmark investigation in Sri Lanka, marking the country’s first large scale case involving cryptocurrency assets. The team worked closely “with local authorities, especially the Financial Intelligence Unit, conducting thorough investigations that… Read More

August 6, 2024 @ 10:36 am By Omar Faridi  |  

Coin Metrics’ State of the Network has provided comprehensive update on cryptocurrency markets amidst the unfolding global market sell-off as well as an insightful break down Coinbase’s Q2 2024 earnings. During this past weekend, global markets and crypto-assets alike were jolted by a number of… Read More

August 3, 2024 @ 4:53 pm By Tony Zerucha  |  

Forensic Risk Alliance, an independent forensic consultancy specializing in regulatory investigations, compliance and disputes, has named US-based cryptocurrency specialist Thomas Hyun as a director in the firm’s global Cryptocurrency Investigations and Compliance practice. Hyun brings years of experience building and leading anti-money laundering (AML) compliance… Read More

August 3, 2024 @ 2:34 pm By Tony Zerucha  |  

deVere Group CEO Nigel Green said this week that Donald Trump’s keynote address at the 2024 Nashville Bitcoin Conference could force Kamala Harris to finally embrace the crypto industry or risk her campaign’s failure. Green made the comments following Trump’s speech at a Nashville cryptocurrency… Read More

July 28, 2024 @ 5:33 pm By Michael Wong  |  

Global financial services firm Cantor Fitzgerald has announced plans to launch a Bitcoin financing business designed to provide leverage to investors holding Bitcoin. The new initiative will commence with $2 billion in initial financing and is set to expand significantly over time. The firm, known… Read More