South Korea confirms North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion. Source: https://cointelegraph.com/news/upbit-hack-lazarus-south-korea-police?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam Projects
A new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total […] Source: https://news.bitcoin.com/crypto-scam-epidemic-us-founders-responsible-for-nearly-half-of-all-scam-projects/
Worldcoin’s biometric gamble is a privacy time bomb
The privacy and security risks of biometric IDs demand builders consider modular privacy applications or face real-world vulnerabilities. Source: https://cointelegraph.com/news/worldcoin-s-biometric-gamble-is-a-privacy-time-bomb?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Should El Salvador Follow Microstrategy’s Bitcoin Playbook? A High-Stakes Move
The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has […] Source: https://news.bitcoin.com/should-el-salvador-follow-microstrategys-bitcoin-playbook-a-high-stakes-move/
Justin Sun paid $6M for a banana taped to a wall and now plans to eat it
The artwork consists of a regular store-bought banana stuck to a wall with duct tape which sold in New York for four times the estimated sales price. Source: https://cointelegraph.com/news/justin-sun-paid-6m-for-banana-art-eat-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Justin Sun Goes Bananas: Snags Controversial “Comedian” Artwork for $6.4 Million
What’s worth millions, taped to a wall, and destined to rot? Hint: It’s art you can’t hang for long. Maurizio Cattelan’s infamous duct-taped banana art piece, Comedian, fetched an eye-popping $6.24 million, including fees, at Sotheby’s contemporary art auction in New York on Wednesday night. The sale saw six bidders battle it out before Jen Hua, deputy chairman of Sotheby’s…
Coinbase scammer claims earning 5 figures a week targeting crypto CEOs
“We’re hitting CEOs, CFOs, software engineers,” the brazen scammer told Casa CEO Nick Neuman: “We don’t call poor people.” Source: https://cointelegraph.com/news/coinbase-support-scammer-boasts-earning-5-figures-a-week-phishing-crypto-ceos?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Floki Trading Volumes Surge as Coinbase Confirms Exchange Listing
Floki (FLOKI), the dog-themed coin based on Ethereum, is gaining momentum following confirmation from Coinbase on Wednesday afternoon that it would list the asset in the coming day. Trading volume for Floki jumped 99.4% in the past 24 hours, indicating a surge in market activity following Coinbase’s confirmation that trading for Floki will begin at 9 AM PT Thursday once…
Deutsche Bank’s AI Gamble: Partnership With Aleph Alpha Expected to Boost Innovation
Deutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance. Deutsche Bank: Perfect Partner for AI Innovation Strategy German financial services giant Deutsche Bank has joined artificial intelligence (AI) startup Aleph Alpha as a strategic investor and partner. As part of […] Source: https://news.bitcoin.com/deutsche-banks-ai-gamble-partnership-with-aleph-alpha-expected-to-boost-innovation/
DeFi, gaming will be ‘most positively affected’ by Trump: Sky Mavis
Jeffrey Zirlin says the election of Donald Trump will take regulatory pressure off the “token design” and allow for radical new kinds of innovation and experimentation. Source: https://cointelegraph.com/news/defi-gaming-most-positively-affected-industry-trump-sky-mavis-co-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound