Crypto

In an industry increasingly plagued by scams and exploits, even security firm CertiK is not immune to the challenges presented by bad actors. CertiK, well-known for its expertise in providing comprehensive security solutions for blockchains, smart contracts, and Web3 technologies, has found itself targeted by scammers who exploit its brand to deceive and defraud users.

Mark Scott, once a respected partner at the renowned law firm Locke Lord, has been handed a 10-year prison sentence by Manhattan federal prosecutors. The sentencing, which occurred on Thursday, comes as a result of Scott’s involvement in a massive fraudulent cryptocurrency scheme, totaling $400 million. In November 2019, Scott was found guilty of both

Changpeng Zhao, also known as CZ, the founder of Binance, one of the largest cryptocurrency exchanges in the world, faced a significant setback when his request to travel to the United Arab Emirates (UAE) was denied by a federal judge. This article analyzes the details of the case and the reasons behind the judge’s decision.

Bitcoin miner Core Scientific has successfully completed its reorganization after filing for Chapter 11 bankruptcy. The company has emerged with a stronger financial position and plans to list its common stock and warrants on the Nasdaq Global Select Market. This article explores the details of Core Scientific’s reorganization plan, its debt reduction, and its future

The recent disclosure by the Securities and Exchange Commission (SEC) has shed light on a concerning incident involving the disabling of multi-factor authentication (MFA) on its X account. The compromised occurred on Tuesday, January 9, 2024, when the SEC’s official Twitter account, @SECGov, was breached, and unauthorized posts regarding the approval of spot Bitcoin exchange-traded

In the first six days of trading, the newly approved spot Bitcoin exchange-traded funds (ETFs) have accumulated a significant number of bitcoins (BTC). The “Newborn Nine,” as they are called, have collectively acquired over 95,297 BTC since their launch on January 11, 2024. This surge in interest has pushed the total assets under management (AUM)

Digital assets, such as Bitcoin, stablecoins, and Central Bank Digital Currencies (CBDCs), are gaining increasing interest and challenging the traditional role of the U.S. dollar in global finance. Andrew Peel, Morgan Stanley’s Head of Digital Assets, warns of a potential “paradigm shift” that could impact the global dominance of the dollar. Historically, the U.S. has

The digital asset economy has been facing numerous challenges in recent times, resulting in a significant shrinkage. Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have left no stone unturned in affecting the market. As one of the world’s largest stablecoins, USDC has not been immune to these forces. Its total circulating

MetaMask, a popular Ethereum wallet, recently launched its Validator Staking support, allowing users to stake their tokens directly from their wallets. While this feature may seem enticing, there are several factors to consider before diving into the world of staking. One significant advantage of MetaMask’s Validator Staking is that Consensys handles the staking process. Consensys

In a recent thread on X, Jurrien Timmer, Fidelity’s Director of Global Macro, shared his perspective on the current trends in Bitcoin’s price. Contrary to a long-term trend reversal, Timmer views the current decrease in BTC price as a short-term positioning adjustment. This adjustment, according to him, is a result of a hangover following the