Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced a freeze on his account for three weeks, followed by termination. This incident occurred even after […] Source: https://news.bitcoin.com/shapeshift-founder-erik-voorhees-claims-revolut-shut-down-his-account-for-interacting-with-crypto/
Month: June 2024
Are celebrity tokens good or bad for Web3? Execs weigh in
Cointelegraph approached professionals across Web3 to get their thoughts on the emergence of celebrity-backed meme tokens in crypto. Source: https://cointelegraph.com/news/celebrity-tokens-impact-web3
How Canaan Researches and Develops Green Bitcoin Mining Technology – Tony Li, VP of Canaan
Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Mr. Zhibing (Tony) Li is the Vice President of Canaan Inc. He recently joined the Bitcoin.com News Podcast to talk about the company’s technology R&D roadmap and […] Source: https://news.bitcoin.com/how-canaan-researches-and-develops-green-bitcoin-mining-technology-tony-li-vp-of-canaan/
Crypto losses to deep fakes could reach $25B in 2024 — Bitget
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022. Source: https://cointelegraph.com/news/crypto-losses-deep-fakes-may-reach-25-billion-this-year-bitget
CoinStats hack caused by ‘socially engineered’ employee, CEO suspects
CoinStats reveals employee-targeted social engineering attack behind the hack affecting 1.3% of wallets. Source: https://cointelegraph.com/news/coinstats-hack-social-engineering-attack
Pyypl and Visa Partner to Boost Financial Inclusion in MEA With Prepaid Cards
Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will […] Source: https://news.bitcoin.com/pyypl-and-visa-partner-to-boost-financial-inclusion-in-mea-with-prepaid-cards/
Nigerian blockchain committee seeks fair resolution in Binance case
BICCoN believes that a balanced approach can help resolve the current challenges, and empower Nigeria to create a supportive environment for the blockchain industry to thrive. Source: https://cointelegraph.com/news/biccon-balanced-approach-binance-legal-issues-nigeria
Bitcoin Mayer Multiple hits lows that last accompanied $30K BTC price
Bitcoin price is increasingly low versus its 200-day moving average — a key “buy the dip” signal, per the classic BTC price indicator. Source: https://cointelegraph.com/news/bitcoin-mayer-multiple-lows-last-30k-btc-price
Cybersecurity Breach at Evolve Bank
Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the […] Source: https://news.bitcoin.com/cybersecurity-breach-at-evolve-bank/
Brett Price Surging as Base Dawgz Shows Potential for Similar Gains
The Base blockchain is buzzing with interest in meme coins again. Brett (BRETT) has been making headlines after its price shot up for two days straight. While investors digest this surprise rally, a new project, Base Dawgz (DAWGZ), is drawing attention for its potential to replicate BRETT’s success. BRETT Price Soars as Open Interest Trends […] Source: https://news.bitcoin.com/brett-price-surging-as-base-dawgz-shows-potential-for-similar-gains/