Tech giant Microsoft uncovered an attack targeting crypto startups using a pdf file that uses the names OKX, Binance, and Huobi. The pdf file is titled “OKX, Binance & Huobi VIP fee comparison.xls.” and includes a malicious code that allows the attackers to access the victim’s software remotely, and run an excel macro in invisible …
Continue reading “Attackers use name of lead exchanges to target crypto startups”
OneCoin crisis manager Frank Schneider is set to be extradited to the U.S. to face trial on two-count charges of wire fraud and money laundering, 1 min read Updated: December 7, 2022 at 3:17 pm Cover art/illustration via CryptoSlate The U.S. Department of Justice (DOJ) has revisited its case against Frank Schneider who served as …
Continue reading “OneCoin crisis manager Frank Schneider to face trial in the US”
With the new version, users will be able to link their metamask wallet to Winamp by using Chrome, Firefox, or Brave browsers. 2 min read Updated: December 7, 2022 at 3:26 pm Cover art/illustration via CryptoSlate Windows media player Winamp latest desktop version would allow support of non-fungible tokens, allowing users to play audio files …
Continue reading “Winamp desktop player to support NFT audios”
Binance’s Bitcoin (BTC) reserves collateralization is in excess of 100% as of Nov. 22, when a snapshot of its total liabilities and reserves was taken, according to financial auditor Mazars. As part of #Binance’s user fund transparency work and Proof of Reserves updates, we’re working with digital assets experts at global financial audit, tax and …
Continue reading “Third party auditor confirms Binance Bitcoin reserve is over collateralized”
JPMorgan & Chase Co. CEO Jamie Dimon called crypto “a complete sideshow” and likened the digital asset tokens to “pet rocks.” The comments came during a CNBC interview in which he also disparaged the media outlet for its extensive coverage of the crypto industry. Regulators should focus on crypto, not banks On the Bitcoin and …
Continue reading “JPMorgan CEO calls crypto tokens ‘pet rocks’”
KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has announced its co-lead investment in LiquidFactory.io, a startup that is building a privacy network with native encrypted cross-chain communication. The $1.25 million fund raise also attracted backing from VC firms including IDG capital, CDH VGC, Lapin.Digital, Ascensive Assets, and Acheron Trading. Aviv Farhi, …
Continue reading “LiquidFactory.io to launch privacy network auction-style NFT marketplace”
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at the highest level since 1974. Central Banks …
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently trading by as much as …
Continue reading “Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday”
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost …
Continue reading “Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months”
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained below $1,300. Bitcoin Bitcoin (BTC) continued to consolidate in …
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8% in 2022, is the “most severely exposed to the concurrent crises.” Impact of the …
Sellers’ momentum is increasing Axie Infinity (AXSUSD) Price Analysis – 07 December An increase in the bulls’ pressure may break up the $10 level which […] Go to Source
Financial giant Goldman Sachs is reportedly bargain hunting in the crypto space after the FTX collapse soured market sentiment. According to a new Reuters report, Goldman Sachs plans to spend “tens of millions of dollars” on crypto investments or purchases. They are currently performing their due diligence on a number of different crypto firms, which …
According to a new document published on Dec. 7, South-African auditor Mazars confirmed that cryptocurrency exchange Binance possessed control over 575,742.42 of customers’ Bitcoins (BTC) worth $9.7 billion at the time of publication. Through the process, Mazars stated that “Binance was 101% collateralized.” The scope of the inquiry included customers’ spot, options, margin, futures, funding, …
Continue reading “Mazars says users’ BTC reserves on Binance are fully collateralized”
Cryptocurrency mixing services are a divisive subject in the industry. Some advocate for the privacy-enabling features of these protocols while others maintain that they are mainly used for illicit means. For platforms like Tornado Cash, the mainstream verdict is “guilty as charged.” The infamous decentralized mixing protocol was sanctioned by the United States Office of Foreign …
Continue reading “Into the storm: The murky world of cryptocurrency mixers”
