Levan
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10 months, 2 weeks agoPink Drainer Hackers Steal $4.4 Million in Chainlink Tokens, Raising Concerns for Crypto Security
A hacking group known as “Pink Drainer” has recently executed a high-stakes digital robbery, stealing $4.4 million worth of Chainlink (LINK) tokens from a single victim. The theft was carried out with rem…
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10 months, 2 weeks agoConcerns Raised Over Backing of Potential Bitcoin ETFs
Amid the excitement surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) in January 2024, concerns have been raised about the issue of backing. Some analysts worry that ETFs could take…
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10 months, 2 weeks agoAsset Managers Submit Revised Applications for Bitcoin ETFs to SEC
Asset managers BlackRock, Valkyrie, and Van Eck have submitted amended S-1 forms to the United States Securities and Exchange Commission (SEC) for the creation of Bitcoin exchange-traded funds (ETFs). The forms…
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10 months, 2 weeks ago2024: A Turning Point for GameFi as Blockchain Integration Promises Immense Potential
GameFi, the fusion of gaming and blockchain technology, is on the brink of a transformative year in 2024. Despite previous criticism of lackluster graphics and uninspired gameplay, industry experts are confident…
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10 months, 2 weeks agoJudge Rules Terraform Labs Violated Securities Law with $LUNA and $MIR Tokens
A federal judge has ruled that Do Kwon and his company, Terraform Labs, violated US securities laws by illegally selling unregistered securities to the public. Judge Jed Rakoff found in favor of the US Securities…
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10 months, 2 weeks agoFinancial Experts Share Insights and Opinions on finews.first
Marionna Wegenstein, in her article for finews.first, explores the importance of sustainable communication in the finance industry. She highlights that simply using nice words is not enough to convince others. To…
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10 months, 2 weeks agoPink Drainer: Notorious Hacking Group Steals $18 Million in Crypto
A notorious hacking group known as “Pink Drainer” has been exposed as the mastermind behind a series of cybercrimes targeting Discord and Twitter users. These illicit activities have resulted in the theft of ove…
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10 months, 2 weeks agoControversial Argentinian President Proposes Tax Cuts for Crypto Declarations
Argentinian president Javier Milei is facing backlash and protests over a new bill that aims to revive the country’s economy by offering tax cuts to residents who declare their crypto holdings. The bill proposes a…
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10 months, 2 weeks agoBlackRock Names JPM and Jane Street as Authorized Participants for Spot Bitcoin ETF
BlackRock has updated its spot Bitcoin ETF application with the SEC, naming JP Morgan Securities and Jane Street Capital as authorized participants for share creation and redemption. This move is seen as ironic due…
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10 months, 2 weeks agoCryptocurrency Entrepreneur and Company Found Guilty of Violating US Law in Landmark Ruling
A federal judge has sentenced cryptocurrency entrepreneur Do Kwon and his company Terraform Labs for violating US law by failing to register two digital currencies that collapsed in 2022. The ruling could have…
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10 months, 2 weeks agoRising Phishing Scams in Crypto Sector Result in $4.66 Million Loss for Chainlink Investor
A Chainlink (LINK) crypto investor recently fell victim to a sophisticated phishing attack, resulting in a devastating loss of approximately $4.66 million. The investor had accumulated a portfolio of 290,750 LINK…
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10 months, 2 weeks agoCongressman Tom Emmer Introduces SEC Stabilization Act to Remove Chairman Gensler
US Congressman Tom Emmer, known for his expertise in digital assets and support for cryptocurrencies, has introduced the Securities and Exchange Commission (SEC) Stabilization Act. The legislation aims to remove…
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10 months, 2 weeks agoSpot Bitcoin ETF Approval Deadline Nears: Which Applicants Will Make the First Wave?
The deadline for spot Bitcoin exchange-traded fund (ETF) applicants in the United States to file final S-1 amendments is today, December 29. This deadline is significant as it will determine which applicants could…
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10 months, 2 weeks agoMillions Lost in Devastating Phishing Attack on Chainlink Cryptocurrency
In a devastating phishing attack, a Chainlink (LINK) holder lost a staggering $4.66 million worth of cryptocurrency. The incident was brought to light by Lookonchain, a data analytics firm, through a tweet. The…
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10 months, 2 weeks agoSouth Korean Parliament Members Involved in $100 Million Cryptocurrency Trading Scandal
South Korean lawmakers have been involved in significant cryptocurrency transactions over the past three years, with a total estimated trade volume of $97.6 million. A recent report from the country’s A…
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10 months, 2 weeks agoIndia Requests Ban on Nine Crypto Exchanges for Non-Compliance with AML Regulations
India’s Financial Intelligence Unit (FIU) has requested a ban on nine cryptocurrency exchanges operating in the country, including Binance, Kraken, and Bitfinex. The FIU claims that these exchanges are operating i…
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10 months, 2 weeks agoChinese Authorities Crack Down on Tether USDT in Foreign Exchange Trading
Chinese authorities are taking steps to crack down on the use of cryptocurrencies, specifically Tether USDT, in foreign exchange trading. The Supreme People’s Procuratorate (SPP) and the State Administration of F…
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10 months, 2 weeks agoCybercriminals and Hacks Lead to $1.8 Billion Loss in Web3
In 2023, an estimated $1.8 billion was lost to hackers and scammers in the Web3 space. Nearly one-fifth of these losses were attributed to the Lazarus hacker group, which has connections to North Korea.According to…
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10 months, 2 weeks agoARK Invest Files Final Amendment for Bitcoin ETF, Aims for January Approval
ARK Invest has filed its final S-1 amendment for its proposed spot Bitcoin ETF, positioning itself to be considered in the first wave of approvals in January. The Securities and Exchange Commission (SEC) reportedly…
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10 months, 2 weeks agoTerraform Labs Secures Partial Victory in SEC Case, but Faces Unregistered Securities Sales Allegations
Terraform Labs, the blockchain company, has achieved a partial victory in a case brought against it by the U.S. Securities and Exchange Commission (SEC). Judge Jed Rakoff issued a summary judgment in favor of…
