In an era where technological advancements bolster our daily lives, they simultaneously open the door to exploitation by malicious entities. Recent findings highlight the alarming tactics employed by North Korea’s Lazarus Group, a notorious band of cybercriminals, who executed a sophisticated cyberattack through an ostensibly innocuous medium: a fake NFT-based game. As more individuals flock
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In a recent statement, Paolo Ardoino, the CEO of Tether, publicly refuted allegations that the prominent stablecoin issuer is under investigation in the United States. This denial comes on the heels of a sensational report by the Wall Street Journal suggesting that federal prosecutors in Manhattan are probing the company’s operations. Ardoino’s response was succinct
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In a significant move towards formalizing crypto ownership and taxation, the Netherlands has initiated a public consultation as of October 24. This initiative aims to gather diverse opinions on proposed regulations intended to enhance transparency concerning cryptocurrency assets and prevent tax evasion. The Dutch government’s strategy reflects a broader ambition in the European Union (EU)
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Semilore Faleti’s journey into the world of cryptocurrency journalism showcases a blend of passion and expertise that few can replicate. Initially diving into various subjects, Semilore gradually honed in on the captivating realm of blockchain and digital currency. This transition is not uncommon in the diverse field of journalism; many writers find their niche only
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In a landscape where cryptocurrency exchanges are scrutinized for their security practices, WazirX, one of India’s prominent crypto exchanges, has taken a noteworthy step towards transparency by unveiling its proof-of-reserves (PoR) report. Announced on October 25, this detailed report reveals that over 40% of customer assets are held with external exchanges. This move, as stated
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The cryptocurrency market experienced significant upheaval recently, particularly highlighted by Bitcoin’s dramatic fluctuations. What started as a promising week quickly turned into turmoil as Bitcoin’s price plummeted by approximately $3,000 within mere minutes. This abrupt decline brought the price down to $65,500, before a slight recovery nudged it back towards $67,000. The volatility caught many
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As December 10 approaches, the tension builds for Microsoft’s pivotal shareholder meeting, where discussions on Bitcoin investments are expected to take the spotlight. At present, Bitcoin’s valuation hovers around $68,115, reflecting a modest uptick of approximately 1.22%. This recent price movement seems to resonate with the ongoing discourse surrounding cryptocurrencies as viable inflation hedges— a
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