Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that the US falls into recession…
Month: March 2025
Hacking group ‘Dark Storm’ claims responsibility for DDoS attack on X
A Russian-backed hacking group has claimed responsibility for the massive cyberattack on X, which saw the social media platform unable to be accessed by thousands of users, although user functionality was quickly restored. Cybersecurity group SpyoSecure said in a March 10 post to X that hacker group Dark Storm made a Telegram post taking credit for the distributed denial-of-service (DDoS)…
Investors flee from risk assets as JPMorgan ups recession odds to 40%
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that the US falls into recession…
Hacking group ‘Dark Storm’ claims responsibility for DDoS attack on X
A Russian-backed hacking group has claimed responsibility for the massive cyberattack on X, which saw the social media platform unable to be accessed by thousands of users, although user functionality was quickly restored. Cybersecurity group SpyoSecure said in a March 10 post to X that hacker group Dark Storm made a Telegram post taking credit for the distributed denial-of-service (DDoS)…
Crypto scam reporting needs to move ‘under one umbrella’ — Coinbase CSO
The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin. “It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go there, you go somewhere else,” Martin told Cointelegraph at the SXSW…
Senate Banking Committee to Vote on Bipartisan ‘Genius’ Stablecoin Bill This Week
This week, the U.S. Senate Banking Committee plans to vote on a bipartisan bill aimed at regulating stablecoins and enhancing consumer protection. Introduced by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), the GENIUS Act seeks to clarify the regulatory framework for stablecoins in the U.S., with provisions addressing reserve requirements, audits, transparency, and licensing for issuers. If passed Thursday,…
Investors flee from risk assets as JPMorgan ups recession odds to 40%
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that the US falls into recession…
Investors flee from risk assets as JPMorgan ups recession odds to 40%
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that the US falls into recession…
Investors flee from risk assets as JPMorgan ups recession odds to 40%
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that the US falls into recession…
Crypto scam reporting needs to move ‘under one umbrella’ — Coinbase CSO
The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin. “It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go there, you go somewhere else,” Martin told Cointelegraph at the SXSW…