XRP’s price surged amid broader uncertainty in the crypto market, driven by aggressive whale accumulation and speculation about a possible ETF listing in the US, according to crypto analysts. Source: https://cointelegraph.com/news/xrp-price-spikes-whales-continue-accumulation-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
UK proposes ban on ransomware payments in critical sectors
The United Kingdom has launched a consultation to explore a ban that would prevent operators of critical national infrastructure from paying ransomware cybercriminals. Source: https://cointelegraph.com/news/uk-proposes-ban-ransomware-payouts-potentially-saving-billions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Largest ‘illicit online marketplace’ has grown 51% in 6 months: Elliptic
The world’s largest illicit online marketplace keeps growing following the launch of its own crypto products, according to Elliptic. Source: https://cointelegraph.com/news/crypto-scam-marketplace-huione-sees-growth-accelerate-following-stablecoin-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New UK Cybersecurity Proposals Aim to End Ransomware Payments in Public Sector
The UK government has unveiled groundbreaking proposals to combat ransomware attacks, focusing on safeguarding critical infrastructure such as hospitals, public services, and transportation networks. These measures aim to diminish the financial appeal of ransomware by banning all public sector entities, including the NHS and local councils, from making ransom payments. This ban extends current restrictions […] Source: https://news.bitcoin.com/new-uk-cybersecurity-proposals-aim-to-end-ransomware-payments-in-public-sector/
TikTok Influencers Protest Imminent Ban as Demand for Rival RedNote Soars
With TikTok’s ban in the U.S. looming, content creators are flocking to the Chinese social media app RedNote to start again and, in some cases, flaunt their contempt for the U.S. Government. The surge is also fueled by reports that ByteDance, TikTok’s parent company, might sell TikTok to X owner Elon Musk. Despite its primary Chinese interface, RedNote has skyrocketed…
NFTs just had their worst performing year since 2020: DappRadar
DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024. Source: https://cointelegraph.com/news/nfts-2024-worst-year-since-2020-dappradar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rep. Tom Emmer Named Vice Chair of Digital Assets Subcommittee, Pledges US-Led Innovation
Pro-crypto congressman Rep. Tom Emmer (R-MN) has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Committee Chairman French Hill announced the appointment as part of the House Financial Services Committee’s subcommittee assignments for the 119th Congress. “With President Trump in the White House and Gary Gensler confined to the waste bin of…
$1.1M Penalty Slammed on Mosaic Exchange in Crypto Fraud Scandal
A crypto firm has been fined $1.1 million for deceiving customers and misusing funds, as the CFTC highlights growing concerns about unregistered investment schemes. CFTC Strikes: Fraudulent Crypto Firm Banned, $1.1 Million Fine Issued The Commodity Futures Trading Commission (CFTC) announced on Monday that Mosaic Exchange Ltd. and its CEO, Sean Michael, have been ordered […] Source: https://news.bitcoin.com/1-1m-penalty-slammed-on-mosaic-exchange-in-crypto-fraud-scandal/
Meta says it isn’t ending fact-checks outside the US yet
Brazil wasn’t pleased with Meta’s decision to rely on community notes, stating it would not subject its population to social media platforms that lead to “digital carnage or barbarity.” Source: https://cointelegraph.com/news/meta-not-ending-fact-check-feature-outside-usa?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI tokens pump as Franklin Templeton says agents will ‘revolutionize’ social media
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote. Source: https://cointelegraph.com/news/ai-agent-tokens-pump-franklin-templeton-revolutionize-social-media?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound