The United Nations (UN) Security Council recently released a report revealing that North Korea earns a significant portion of its foreign exchange earnings through cyberattacks. These cybercriminal activities are primarily targeted at compromising digital wallet private keys and seed phrases to gain access to victims’ assets. In 2023 alone, hackers associated with North Korea managed
Crypto
In response to soaring inflation and economic uncertainty, Argentinians are increasingly turning to Bitcoin as a safe haven for their wealth. Recent data reveals a significant surge in Bitcoin purchases in the country, with the number of weekly transactions hitting 34,700 in the first week of March. This represents a more than twofold increase from
Decentralized finance in the XRP ecosystem has taken a significant step forward with the implementation of automated market maker functionality. The XRP Ledger (XRPL) has embraced this new feature, allowing for the creation of AMM liquidity pools in a matter of minutes. This development opens the door for a more efficient and liquid market for
The meme coin sector has seen a surge in popularity recently, with various assets experiencing significant price increases and attracting the attention of investors. These assets have not only performed well in terms of price, but they have also become the focus of intense discussions on social media platforms. Top Performers in the Meme Coin
The Super Sushi Samurai, a blockchain game built on the layer-2 solution Blast, recently fell victim to a devastating exploit just hours before the launch of its highly anticipated gaming product. The exploit, carried out by a white hat hacker, exploited a bug in the smart contract code, resulting in a staggering loss of $4.6
After a prolonged legal battle, it seems that Do Kwon, the co-founder and former CEO of Terraform Labs, may finally be extradited to South Korea. This decision comes after a series of back-and-forths regarding his extradition, with the Appellate Court of Montenegro ultimately confirming the previous ruling to hand him over to his native country.
Bitcoin’s price has been on a wild ride recently, experiencing sharp drops and sudden increases in value. After hitting an all-time high of almost $74,000, the cryptocurrency plummeted by about $10,000 in a single day. This downward trend continued, reaching a low of under $61,000 amid speculation about the actions of the US Federal Reserve.
The official Twitter account of Trezor, a prominent hardware wallet manufacturer, recently fell victim to a severe compromise, likely orchestrated through a SIM swap attack. The breach resulted in the dissemination of fraudulent messages promoting fake token sales and wallet scams. The suspicious activities were first brought to light by ZachXBT, an anonymous individual with
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple has consistently argued that XRP is a currency, not a security, and therefore should not be
Recently, XRP experienced a significant price spike that caught the attention of many analysts and investors. This spike, which saw the price of the token reach an all-time high of $74, was attributed to a glitch on the Atlantis Exchange platform. While some users were excited about the sudden surge, it was quickly discovered that
