Crypto winter winding down, FTX to turn a profit as it serves as lender of last resort

The economic crisis in crypto is waning, FTX co-founder and CEO Sam Bankman-Fried thinks. He noted, in an interview on Axios Pro on Thursday, that he is no longer getting “a ton... Read more »

Masked Men Rob Large Crypto Mining Farm Near Moscow

Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft... Read more »

The Problem With the Latest Bitcoin Price Rally

Key Takeaways Bitcoin has soared by more than 26% since July 12.  On-chain data shows a spike in overleveraged traders while selling pressure surges.  BTC needs to hold above the $20,500 support... Read more »

Bitcoin bulls miss key resistance flip as BTC price sheds 8%

Bitcoin (BTC) extended losses on the July 21 Wall Street open after a key resistance level failed to hold as new support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar rises to... Read more »

FBI detects fake crypto apps that scammed $42.7M from 244 victims

The U.S. Federal Bureau of Investigation (FBI) detected three fake crypto apps that stole around $42.7 million from 244 victims between October 4, 2021, and May 13, 2022, and recently issued a... Read more »

DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers

The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General... Read more »

Australian regulator trials auto take-down of crypto scam sites

Cybersecurity specialists have welcomed a new trial by the Australian Competition and Consumer Commission (ACCC) to automatically take down scam websites. The trial saw dozens of scam sites, including crypto scams, knocked offline... Read more »

Cardano Aims for $0.70 After Bullish Breakout

Key Takeaways Cardano has risen nearly 23% over the past three days.  After breaking past the $0.45 resistance level, ADA appears to be targeting a higher high. Technical indicators suggest ADA could... Read more »

Japan’s crypto self-regulatory system reportedly falling apart

In 2018, Japan established the Japan Virtual Currency Exchange Association (JVCEA) and tasked the body with self-regulating the crypto industry. The government hoped that the industry body would be able to come... Read more »

As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago

While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the... Read more »