Algorand CEO’s hacked account dances into pole position

Some community members criticized Warden, saying she qualifies as an intern for the U.S. Securities and Exchange Commission.

Algorand CEO’s hacked account dances into pole position

The Algorand Foundation announced on X (formerly Twitter) that its CEO Staci Warden’s X account was compromised and asked its community to refrain from clicking links or responding to dire...

7 months ago

Matrixport predicts challenging Q1 for Bitcoin as GBTC investors keep capitalizing

Singapore-based crypto asset management firm Matrixport says Q1 will be a challenging quarter for Bitcoin, although anticipates a positive outlook by the end of 2024.

Matrixport predicts challenging Q1 for Bitcoin as GBTC investors keep capitalizing

As Bitcoin (BTC) fell back to the $39,000 area, the largest cryptocurrency by market capitalization is likely to face a challenging quarter ahead, according to a recent report from Mat...

7 months ago

Swan Bitcoin Expands into Mining, Plans Public Listing

Swan’s New Mining Operation

Swan Bitcoin Expands into Mining, Plans Public Listing

Swan Bitcoin, a firm specializing in Bitcoin-focused financial services, has recently launched its bitcoin mining unit named Swan Mining. According to Swan Bitcoin’s re...

7 months ago

Chinese rush to invest into banned Bitcoin amid economic downturn

Residents of China have begun actively converting their savings into cryptocurrencies, using creative ways to own Bitcoin (BTC) and other crypto assets prohibited in the country.

Chinese rush to invest into banned Bitcoin amid economic downturn

According to Reuters, although cryptocurrency is banned in mainland China and there are strict controls on the movement of capital across borders, people can still trade tokens such as Bitc...

7 months ago

Trezor Confirms Unauthorized Use of Email Provider Led to Malicious Emails

Trezor Says it Has Deactivated the Malicious Link

Trezor Confirms Unauthorized Use of Email Provider Led to Malicious Emails

Hardware wallet provider Trezor has confirmed that the unauthorized use of its third-party email provider led to a spate of malicious emails sent to users over the past 12 hours. In a&...

7 months ago

Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise

The company said that its initial target for the funding round was $35 million.

Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise

Sygnum, a crypto banking group based in Switzerland, closed a $40 million round, which valued the firm at $900 million. “Closing a successful funding round in this macro environm...

7 months ago

Flare onboards Google Cloud as infrastructure provider

Flare Network, an Ethereum Virtual Machine (EVM) layer-1 platform for blockchain interoperability, is onboarding Google Cloud as an infrastructure provider.

Flare onboards Google Cloud as infrastructure provider

This partnership marks a significant milestone for Flare, bringing one of the world’s leading cloud computing providers on board. It also marks the first time Google Cloud is providing inf...

7 months ago

Canadian court rules 2022 crypto freeze on protesting truckers unconstitutional

The Federal Court of Canada has ruled that Prime Minister Justin Trudeau’s use of emergency legislation to suppress the “freedom convoy” protests in 2022, was “unreasonable.”

Canadian court rules 2022 crypto freeze on protesting truckers unconstitutional

On Jan. 23, a Canadian federal court ruled that Prime Minister Justin Trudeau’s decision to use Canada’s Emergencies Act to freeze crypto used to support tru...

7 months ago

Bitcoin miner Core Scientific to resume trading on Nasdaq after reorganization

The company said Tuesday that it intends to grow its mining capacity by 50% in the next four years.

Bitcoin miner Core Scientific to resume trading on Nasdaq after reorganization

Texas-based bitcoin mining firm Core Scientific has announced its return to Nasdaq, resuming trading on Wednesday, as a result of reorganization efforts following its 2022 bankruptcy filing...

7 months ago

Asset managers cut fees for European Bitcoin ETFs as competition grows

Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors.

Asset managers cut fees for European Bitcoin ETFs as competition grows

In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered the...

7 months ago

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