A Nokia patent application showed that the company may be diving into digital asset encryption. Source: https://cointelegraph.com/news/nokia-digital-asset-encryption-patent-cnipa-china?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
North Korean Hackers Stole $1.3 Billion in 2024
The Democratic People’s Republic of Korea—often referred to as North Korea—is reportedly responsible for 61% of crypto stolen this year, according to Chainalysis. “In 2023, North Korea-affiliated hackers stole approximately $660.50 million across 20 incidents; in 2024, this number increased to $1.34 billion stolen across 47 incidents—a 102.88% increase in value stolen,” reads a recent report from major crypto forensics…
What are ETF fund flows, and why do they matter?
ETF fund flows refer to the movement of money into or out of exchange-traded funds, and they matter because they indicate investor sentiment and can influence market trends. Source: https://cointelegraph.com/explained/what-are-etf-fund-flows-and-why-do-they-matter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethiopia Signals Potential Shift on Cryptocurrency Stance
The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country’s stance on digital currencies. While cryptocurrency is currently illegal in Ethiopia, the NBE is closely monitoring global developments in central banking and may […] Source: https://news.bitcoin.com/ethiopia-signals-potential-shift-on-cryptocurrency-stance/
Web3 Startup The Grid Is Building Google Maps for Blockchain Data
Newly unveiled The Grid is a Web3 structuring and verifying system, which could be the “map” data needed to make the blockchain world more accessible than ever before. After working on this for seven years, The Grid is coming into the limelight as a meta standard that can help data platforms connect to the blockchain more effectively. All that should…
Lightchain Blasting Through Stage 8 Over the Christmas Holiday Before Price Increase
PRESS RELEASE. The cryptocurrency world is buzzing with excitement, and it’s easy to see why—Lightchain AI is making waves once again! This innovative project, blending cutting-edge artificial intelligence (AI) with blockchain technology, is blazing through Stage 8 of its presale. Crypto enthusiasts, tech investors, and financial analysts alike are seizing the opportunity to secure Lightchain […] Source: https://news.bitcoin.com/lightchain-blasting-through-stage-8-over-the-christmas-holiday-before-price-increase/
NFT promoters face fraud charges over alleged $22M rug pull
Two 23-year-olds, Gabriel Hay and Gavin Mayo, allegedly abandoned projects after providing misleading information on project roadmaps. Source: https://cointelegraph.com/news/california-nft-rugpull-fraud-arrests?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gate.io Milestones Propel GateToken to New All-Time High in December
Crypto exchange Gate.io’s native token GateToken (GT) hit an all-time high of $14.01 in December, per data from CoinGecko, amid surging user numbers for the platform and the release of its December reserve report. Amid a wider slump in the crypto market, GateToken has retreated from its all-time high to a current value of $13.07, according to CoinGecko data. The…
Caught in Offside? Argentine Soccer Team Scammed by Missing Press Chief in Crypto Swindle
The Press Chief of Estudiantes de Río Cuarto, an Argentine second-division soccer team, has vanished after allegedly swindling millions from the team using a crypto investment platform. Press Chief of Argentine Soccer Team Vanishes, Leaving Million-Dollar Debt Linked to Crypto Investment Platform Matías Centurión, the press chief of Estudiantes de Río Cuarto, a second-division soccer […] Source: https://news.bitcoin.com/caught-in-offside-argentine-soccer-team-scammed-by-missing-press-chief-in-crypto-swindle/
USDX built to support DeFi ecosystem growth: Hex Trust CEO
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation, and crosschain capabilities. Source: https://cointelegraph.com/news/usd-stablecoin-usdx-flare-network-hex-trust?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound