PennyWise crypto-stealing malware spreads through YouTube
The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs. A new strain of…
MakerDAO voting on collaborating with a traditional bank
The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week. MakerDAO is voting on a proposal…
Bitcoin Price Prediction for Today July 5: BTC Price Holds as It Struggles Below $21K
Bitcoin Risks Further Decline as It Struggles Below 21K – July 5, 2022 On July 5, Bitcoin’s (BTC) price rallied above the psychological price level as it struggles below $21K.…
Singapore Considers Imposing New Restrictions on Crypto Trading
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules…
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains…
Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot
Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies…
Crypto trading in Argentina increases after Economy Minister resigns
Cryptocurrency activities have been high in countries like Argentina, which are facing high inflation. The level of uncertainty over the country’s economic future seems to have increased after the resignation…
Singapore regulators to protect retail traders from risky crypto trading activities
The Monetary Authority of Singapore (MAS) is considering restricting retail traders from cryptocurrencies. The head minister at the MAS, Tharman Shanmugaratnam, said that the regulator would implement new consumer safeguards…
Circle releases documents on USDC reserves
The cryptocurrency market has been filled with speculations about the depegging of several stablecoins. Circle’s USDC stablecoin, the world’s second-largest stablecoin by market cap, has displayed a healthy performance during…
KuCoin CEO denies rumors of insolvency
Crypto Twitter has been filled with rumors about the KuCoin exchange facing insolvency. These rumors have affected the price of KuCoin’s native token, KCS, which has been down by 15.6%…
Dutch University set to recover more than twice the paid BTC ransom in 2019
The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources. Netherland-based Maastricht University (UM) is set to recover nearly €500,000 ($512,150) worth…
Crypto investor Sequoia Capital China reportedly raises $9 billion
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June. Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture…
High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy. UK regulator the…
Core Scientific sold $167M worth of Bitcoin holdings in June
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of…
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market. The cryptocurrency market…