FCF Pay has partnered with Honda and Mercedes, allowing customers to finance, lease, or purchase vehicles using various cryptocurrencies including Ripple (XRP), Bitcoin (BTC), and Shiba Inu (SHIB). This move marks an exciting phase of cryptocurrency acceptance in the automotive sector, and is a significant stride in the massive adoption wave of digital currencies.Through this […]
September has been a disastrous month for crypto-related exploits, with a total of $329.8 million stolen. The most significant contributor to this figure was the Mixin Network attack, which resulted in a loss of $200 million. Other major incidents included the CoinEx and Stake.com attacks, resulting in losses of $53 million and $41 million respectively. […]
Bitcoin’s price has been on the move in the past 24 hours, reaching around $28,000. This is due to liquidated short positions and increased trading volume. ChatGPT, an artificial intelligence, was asked when the next Bitcoin bull run will begin and how high the price can get. The AI pointed out that the start of […]
The cryptocurrency market experienced an unexpected surge in prices of Bitcoin and Ethereum on October 1st. Both prominent digital currencies saw a value increase of almost 4% within a short period of 15 minutes. This rapid surge led to a massive liquidation, which wiped out more than $70 million worth of cryptocurrency short positions. The […]
The North Korean hacking collective Lazarus Group has been using a new type of “sophisticated” malware, LightlessCan, as part of its fake employment scams. According to ESET’s senior malware researcher Peter Kálnai, LightlessCan is a “significant advancement” compared to its predecessor BlindingCan, as it mimics the functionalities of a wide range of native Windows commands, […]
On October 1st, the prices of Bitcoin, Ethereum, and other cryptocurrencies saw a sudden jump, with Bitcoin surging 3% in just 15 minutes and Ethereum gaining 4.7%. This sudden movement has left many in the crypto community wondering what is going on, with some suggesting that “someone knows something” that others don’t. This sudden pump […]
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions.The project leverages the concepts of Decentralized Finance (DeFi) technology […]
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Pennsylvania-based Mosaic Exchange Limited and its owner and Chief Executive Officer Sean Michael for allegedly running a fraudulent digital asset commodity scheme. The CFTC alleges that Mosaic and its operators fraudulently solicited and induced at least 17 people in the US […]
Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers, believes that securitization, a practice with over 50 years of history, is undergoing a dramatic transformation due to tokenization. Tokenization is the process of converting asset ownership rights into digital tokens on a blockchain. Johnson believes that tokenization is like “securitization done […]
The United States Securities and Exchange Commission (SEC) is facing allegations of conflicts of interest in its ongoing lawsuit with Ripple Labs. Two senior SEC officials who were part of the XRP lawsuit left the commission shortly after the regulator filed the suit against Ripple. Marc Berger, the former Acting Enforcement Director of the SEC, […]
