According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.” Japan’s national police have pinned North Korean hacking group, Lazarus, as the organization behind several years of crypto-related cyber attacks. In the public...Continue Reading
Decentralized autonomous organizations (DAOs) were supposed to be regulation-proof. Federal regulators now have targeted not just a DAO, but also its investors. Considerable anxiety exists in the world of Web3 related to regulation and the legal status of cryptocurrency projects. It’s particularly apparent in the United States, where the Commodity Futures Trading Commission (CFTC) fueled...Continue Reading
Mexico has a burgeoning crypto remittance market that has immense potential. Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth...Continue Reading
Blockchain games are cropping up across various genres, giving games options for what they can play. Over the past couple of years, games that use blockchain technology have increased their presence in the gaming industry. While there were early examples like CryptoKitties — launched in 2017 — the trend has truly gained steam, with major...Continue Reading
There are a lot of misconceptions about automated crypto trading. Some people think it’s some kind of magic, while others believe it’s a scam. Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success....Continue Reading
It shouldn’t surprise anyone if regulators begin telling node validators to impose KYC and AML requirements on users staking Ether. Over the last few years, the cryptocurrency industry has been a primary target for regulators in the United States. The legal battle between Ripple and the United States Securities and Exchange Commission (SEC), Nexo’s lawsuit with...Continue Reading
A dull weekend sees BTC price action erase any trace of the week’s volatility as commentators wait for excitement to return. Bitcoin (BTC) stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: BTC volatility a “matter of...Continue Reading
The mammoth task of merging Ethereum’s mainnet and Beacon Chain is finally complete, but what are the risks? What are the risks and flaws of the Ethereum merge? One of the foremost concerns regarding the Merge is that of centralization. Another potential concern is the risk of scams, as the general public may not be...Continue Reading
From taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe. Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should be considered in any complex assessment — the combination of adoption...Continue Reading
Sitharaman has previously called for global collaboration to decide on crypto’s future and has been cautious against mainstream crypto adoption citing risks to financial stability. The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. 1, 2022, to Nov. 30, 2023....Continue Reading
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