Yuga Labs Made Millions on Otherside. So Did Scammers

Key Takeaways Scammers have stolen at least $3.7 million worth of NFTs through phishing attacks posing as Yuga Labs’ Otherside NFT launch. The phishing attacks involved at least five fake websites and... Read more »

MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings

Business intelligence firm MicroStrategy said it will consider opportunities for yield generation on 95,643 “unencumbered” Bitcoin (BTC) held by its subsidiary MacroStrategy. In MicroStrategy’s report for the first quarter of 2022 released... Read more »

Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers

Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face... Read more »

Report: Crypto mortgages are too risky

A new Weiss Rating report has warned about the risks of having mortgages backed by cryptocurrency, especially in the world’s current economic situation. The Florida-based research firm analyst Jon Markman, in the... Read more »

Bitcoin nervously awaits Fed as Paul Tudor Jones says ‘clearly don’t own’ stocks, bonds

Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4’s Federal Reserve comments. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tudor Jones says “no thanks” to stocks, bonds Data... Read more »

Crypto Industry Lobbies Against Bills Targeting Russian Oligarchs Evading Sanctions Using Cryptocurrency

The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after... Read more »

Bitcoin Mining Council thinks Tesla may accept BTC again for this reason

The Bitcoin Mining Council has released a report that confirms that 58.4% of Bitcoin mining comes from a “sustainable electricity mix.” Elon Musk famously said that Tesla would start accepting Bitcoin when... Read more »

Weiss Ratings issues warning over crypto mortgage risks

Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus... Read more »

Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’

Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively... Read more »

Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K

The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the... Read more »