2022 was the year crypto broke into the mainstream like never before—for good or ill. Early in the year, amid the heady rush of the bull run, many crypto companies seized the opportunity to promote themselves with splashy, high-profile ad campaigns costing millions of dollars. In retrospect, it was the high before another crash, with many of those advertisements having…
BlueNoroff—the name given by security researchers to a group linked with North Korean state-sponsored hacking collective Lazarus Group—has expanded its criminal activities to include posing as venture capitalists looking to invest in crypto startups, according to a new report from the Cybersecurity firm Kaspersky. “BlueNoroff created numerous fake domains impersonating venture capital companies and banks,” Kaspersky says. In its report,…
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian court sanction the arrest. Nigerian Court Refuses to Back Arrest Plot…
Arguments over whether gold or bitcoin is a better store of value continue to occur across the cryptocurrency space and in traditional investment circles. On the latest episode of Bill Maher’s podcast “Club Random Podcast,” which aired on Dec. 26, the billionaire owner of the Dallas Mavericks, Mark Cuban advocated for Bitcoin being a better store of value than gold. …
Fran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event on Twitter, Finney encouraged Bitcoin users to run a half marathon and share their experiences on social media between January 1 and January 10, 2023, to help raise funds to fight the disease. https://t.co/xpcvzCmtMd Hi…
Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on NASDAQ, according to a Dec. 27 press release. The company says that it needed to suspend trading because of an announcement that will come on Wednesday morning and because the London Stock Exchange is closed on Tuesday. Argo says that it expects shares to resume NASDAQ…
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most of the technical bottom indicators…
According to a Bloomberg report published on Dec. 27, the U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million in missing digital assets from now-defunct cryptocurrency exchange FTX and FTX US. On Nov. 12, amidst bankruptcy and internal collapse, FTX warned customers of abnormal wallet activity regarding at least 228,523 Ether (ETH) transferred out…
Bitcoin (BTC), Ether (ETH) and the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push crypto prices higher. Despite the market-wide downturn, a handful of altcoins continued to make a positive contribution to the crypto space and thanks to Ethereum, the term altcoin is no longer a…
BlueNoroff, part of the North Korean state-sponsored Lazarus Group, has renewed its targeting of venture capital firms, crypto startups and banks. Cybersecurity lab Kaspersky reported that the group has shown a spike in activity after a lull for most of the year and it is testing new delivery methods for its malware. BlueNoroff has created more than 70 fake domains…
