Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million. Users Urged to Be Wary […] Source: https://news.bitcoin.com/certik-malicious-actors-stole-753-million-in-q3-phishing-top-attack-vector/
Month: October 2024
Man turns $88K into $415M with Tesla, then sues after losing it all
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader. Source: https://cointelegraph.com/news/man-lost-415-million-stock-market-sues-advisors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto startup accuses SEC of ‘massive regulatory land grab’
Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange. Source: https://cointelegraph.com/news/crypto-startup-accuses-sec-regulatory-land-grab?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles. Source: https://cointelegraph.com/news/buying-bitcoin-dip-no-brainer-crypto-hedge-fund-manager?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed. Source: https://cointelegraph.com/news/us-sec-back-nvidia-crypto-sales-class-suit-supreme-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
All-Women AI PhD Program Launches in Africa
A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This initiative is the brainchild of CORE AI, a research partnership uniting universities from both continents. The program […] Source: https://news.bitcoin.com/all-women-ai-phd-program-launches-in-africa/
Binance’s Market Dominance Slips to Lowest Point in Four Years Amid Regulatory Headwinds
Crypto exchange Binance is losing its lead over its competitors as its business faces regulatory headwinds across the globe, a new report from digital asset data provider CCData shows. The report, published on October 3, reveals Binance processed 36.6% of volume for spot and derivatives trading on centralized trading platforms in September, roughly 22% more than its closest competitor, OKX. …
‘Uptober’ mentions on social media plummet amid crypto rout
“Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment. Source: https://cointelegraph.com/news/uptober-mentions-plummet-traders-turn-bearish-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia-Based Evil Corp Faces New US Sanctions
The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts to combat cyber threats. US Expands Sanctions on Evil Corp Amid Global Ransomware Crackdown […] Source: https://news.bitcoin.com/russia-based-evil-corp-faces-new-us-sanctions/
TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams. Source: https://cointelegraph.com/news/bitcoin-miner-terawulf-sells-stake-nautilus-cryptomine-92-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound