Crypto hacks wipe out $2.3B in 2024, marking 40% YoY surge
According to Cyvers, the 40% yearly increase was mainly driven by growing access control vulnerabilities amid centralized exchanges and cryptocurrency custodians. Go to Source
Month: December 2024
Roasted Bitcoin? Cocoa Rises as the Best Investment of 2024
Cocoa, an unlikely commodity, has become the best-performing asset of 2024, surpassing bitcoin, the U.S. stock market, and other commodities such as gold. Experts predict that prices will likely continue to rise due to relentless demand and climate adversities. Neither Bitcoin nor Gold: Cocoa Rises as the Top Commodity of 2024 2024 was a great … Read more
Crypto, AI growth could strain North American energy grids: NERC
North America faces energy challenges as cryptocurrency mining and AI data centers push electricity demand to unprecedented levels. Go to Source
Russia bans crypto mining for 6 years in 10 regions
Russia’s key crypto mining regions like Irkutsk will enforce seasonal mining restrictions instead of originally proposed complete bans. Go to Source
How to set up a crypto wallet for your child: A beginner’s guide
Setting up a crypto wallet for your child can be a valuable learning experience, but it’s important to monitor their activity closely and inform them about the risks of digital assets. Go to Source
FBI, Japan expose North Korea’s $305M DMM hack details
The FBI has unveiled details of a $305M Bitcoin heist by North Korea-affiliated hackers using social engineering techniques. Go to Source
Crypto Remittances Grow In El Salvador Reaching 1% Share
The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all the volumes transferred to Salvadorans from abroad. One … Read more
APAC’s Web3 and AI dream — Is it the real deal?
The Asia-Pacific region has key potential to lead in Web3 and artificial intelligence innovation. Go to Source
Q3 VC Funding: AI/ML Holds Strong, Fintech and Web3 See Significant Growth
The Pitchbook report shows artificial intelligence and machine learning continued to dominate early-stage venture capital investment in the third quarter of 2024. Investors Maintain Confidence in AI/ML According to Pitchbook’s Emerging Tech Indicator report, artificial intelligence (AI) and machine learning (ML) continued to dominate early-stage venture capital (VC) investment in the third quarter of 2024. … Read more
Bitwise and CF Benchmarks Make Bold Predictions for 2025
The two companies forecasted similar trends for the new year in several key areas. Two Research-Focused Crypto Companies Agree on Major Trends for 2025 After a storybook ending to 2024, complete with a bitcoin (BTC) all-time high, crypto asset manager Bitwise and digital asset index provider CF Benchmarks, both predicted what may be in store … Read more
