Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report, with other researchers confirming the proliferation of this mode of extortion. Mimicking the prevalent business model of the legitimate tech world, ransomware-as-a-service portals popped up in the darker corners of the web, institutionalizing the shadow industry and slashing the skill…
Just yesterday, OpenSea announced a smart contract upgrade, which requires users to migrate their listed NFTs from Ethereum (ETH) blockchain to a new smart contract. As a direct result of the upgrade, users that don’t migrate over from Ethereum risk losing their old, inactive listings — which currently require no gas fees for migration. Major nonfungible token (NFT) marketplace OpenSea…
OpenSea says it is “actively investigating rumors of an exploit” that occurred on the popular Ethereum NFT marketplace Saturday. Users reported that digital assets, including NFTs from the Cool Cats and Doodle collections, had been stolen. But co-founder and CEO Devin Finzer tweeted that the exploit likely didn’t hit OpenSea at all—but instead targeted the people who rely on the…
Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time for Another Bitcoin Peak Veteran…
Kevin O’Leary, aka Mr. Wonderful, has shared what he thinks the price of bitcoin will be in the coming years. He said when institutions get the go-ahead from their compliance departments to invest in bitcoin, the price of the cryptocurrency “is going to appreciate dramatically.” Kevin O’Leary’s Bitcoin Prediction Shark Tank star Kevin O’Leary shared his prediction of the price…
2021 has been a significant year for crypto with no fungible token (NFT) being awarded word of the year, decentralized finance (DeFi) trending in the mainstream media and crypto companies making headlines for a variety of announcements. This is, no doubt, in part due to the effects that COVID-19 has had on the economy, with many looking for new ways…
Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin. The electric car company currently accepts DOGE for some merchandise on its website. Tesla CEO Elon Musk: ‘You Can Pay in Doge’ Tesla and Spacex CEO Elon Musk tweeted about future dogecoin payment acceptance Friday in reply…
Andrew Yang, a former candidate for U.S. president and New York City mayor, is on a barnstorming tour of… Denver. Long an advocate of tech innovation, Yang stopped by the ETHDenver conference and hackathon to pitch his latest project: Lobby3 DAO. Speaking directly to the audience, many of whom have only recently gotten a taste of crypto, Yang urged them…
The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,” said the Federal Open Market Committee. Senior Federal Reserve Officials Prohibited From Investing in Cryptocurrency The Federal Open Market Committee (FOMC) announced Friday that it…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week $1T opportunity: JPMorgan becomes first major bank in the metaverse United States banking giant JPMorgan…
