In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million. It was one of a string of cyber heists by Lazarus that Washington said were aimed at funding North Korea’s nuclear weapons program. Several hours later, the hackers opened…
Bitcoin is continuing to advance and stabilize, rising above the $31,000 mark, after languishing over the weekend with the largest cryptocurrency gaining as much as 5.4% on Monday to $31,553. Ether is advancing higher and up 5.6% with a number of altcoins also in the green — Solana, Avalanche, Cardano are all up 11% today…
New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels. Both supporters and opponents say that the closely watched bill, approved early Friday by the state Senate, is the first of its kind in the U.S. If it becomes law,…
A milestone measure that would tap the brakes on the spread of cryptocurrency mining operations burning fossil fuels in New York has passed the state Legislature. The bill approved early on Friday by the state Senate would establish a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive…
More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or a message on a social media platform,…
More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or a message on a social media platform,…
Auto insurance is a complicated topic, and with such complexities comes much confusion. One of the biggest reasons auto insurance could be confusing is that it is different for everyone. Insurance companies consider multiple factors of each individual to put a price on the policy. So everyone has their idea of how auto insurance is…
Leading crypto exchange Coinbase, which halted payments via unified payments interface (UPI) mode on its app in India in April, on Friday announced to pause hiring for as long as the global macro-economic factors remain in place. The company also revoked accepted offers from some candidates who haven’t joined it yet. “After assessing our business…
Crypto company CoinSwitch on Thursday launched what it said is India’s first benchmark index to measure the performance of Indian Rupee-based crypto market. Crypto Rupee Index (CRE8) tracks eight crypto assets representing over 85 per cent of the total market capitalisation of digital assets traded in the Indian Rupee. The index, available at coinswitch.co/crypto-index, is…
Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can “kill” whatever little case that exists for private virtual currencies like Bitcoin. Sankar also attacked ‘stable coins’ which are pegged to a particular currency. The…
