The Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, has issued a warning to investors considering investing in crypto assets ahead of potential spot Bitcoin ETF approvals. In a series of tweets on January 8, 2024, Gensler emphasized the risks and volatility associated with cryptocurrencies and highlighted concerns about compliance with
SPONGE, the meme coin that gained massive attention last year with 100x gains, is back in the spotlight as it surges 84% in just 24 hours, reaching $0.00114. The excitement surrounding its upcoming V1 to V2 bridging has fueled this surge and has even sparked speculation about the potential for a staggering 4,046% increase in
The Lazarus Group, a hacking syndicate sponsored by North Korea, has recently made its largest transaction in over a month. According to blockchain analysis firm Arkham, the group transferred $1.2 million worth of cryptocurrency from a mixer to a holding wallet. The transaction involved moving the assets from a coin mixer to obfuscate the ownership
The Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, recently issued a cautionary advisory about investing in crypto assets. With the highly anticipated approval deadline for a spot Bitcoin exchange-traded fund (ETF) approaching, Gensler expressed concerns about the risks associated with cryptocurrencies. In a post on a social media platform, he highlighted
Cryptocurrency analyst and advocate Scott Melker recently made waves in the cryptocurrency community by sharing his projection of a massive inflow into Bitcoin following the approval of BTC Spot Exchange-Traded Fund (ETF). In a post on the social media platform X (formerly Twitter), Melker proposed that $570 billion could potentially be invested in a Bitcoin
The cryptocurrency market has been a hot topic of discussion in recent years, with Bitcoin leading the way as the most popular digital asset. As interest in cryptocurrencies continues to grow, investors are increasingly looking for cost-effective ways to buy and hold Bitcoin. The emergence of Bitcoin exchange-traded funds (ETFs) has raised questions about the
Bit24.cash, a prominent Iranian cryptocurrency exchange, has recently refuted claims of exposing its users’ personal information due to a misconfigured storage system. These allegations were brought to light by Cybernews researchers, who reported that a security flaw on the platform had unintentionally exposed users’ Know Your Customer (KYC) data. This data, which included identification documents,
The keyless crypto wallet maker Zengo is about to embark on a daring challenge that aims to test the prowess of hackers around the world. In a blog post, the company announced the “#ZengoWalletChallenge,” where it will dare hackers to try and steal 10 BTC (approximately $420,000 USD) and a Pudgy Penguin NFT (worth around
In recent months, the cryptocurrency market has witnessed a surge in explosive moves by DEX-traded tokens. These moon-shots have grabbed significant attention from traders and investors alike. Notable examples include BONKITA, SAMBO Bot, SOLAREUM, and Joe on SOL. The appeal of these tokens lies in the ability to mint and trade them freely, without the
Solana, one of the leading cryptocurrencies, has been experiencing a significant decline in price after struggling to clear the $115 resistance level. With several bearish signs, SOL price is expected to decline further towards the $68 support level. After a period of steady increase, the bulls of Solana faced a hurdle in surpassing the $115