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Crypto hackers have set their sights on internet service providers (ISPs). According to a technical report from Splunk, a Cisco security and observability platform, a massive attack campaign involving addresses in Eastern Europe targeted over 4,000 addresses corresponding to ISPs in China and the West Coast of the U.S. through brute force efforts. “These IPs … Read more
Stephen Jen, CEO of Eurizon SLJ Capital, believes the U.S. dollar’s decline is just beginning. Concerns about the US economy and optimism about growth abroad have pushed the dollar to a three-month low, aligning with Jen’s long-held prediction of a weaker dollar. Jen’s “dollar smile” theory suggests the dollar gains during deep slumps or strong … Read more
In an unlikely move, Gianni Infantino president of FIFA (Fédération Internationale de Football Association), announced that his organization is seeking to partner with crypto firms to launch a cryptocurrency dubbed “FIFA coin,” that takes advantage of the organization’s strong global brand, a $170 billion soccer industry, and the sport’s 5 billion fans. Infantino made the … Read more
Arkansas House Republican French Hill who also happens to be chairman of the House Committee on Financial Services indicated in a statement published on Friday, that he is open to working on legislation that would potentially include funding for the national strategic bitcoin reserve established on Thursday by President Donald Trump. “As President Trump works … Read more
The U.S. Secret Service, collaborating with global law enforcement partners, confiscated the website of Garantex, a Russian cryptocurrency platform accused of enabling illegal financial activities. Previously sanctioned by the U.S. and EU for its alleged role in laundering funds, the exchange abruptly halted operations post-seizure and disclosed that Tether had immobilized $28 million in digital … Read more
The Ethereum Foundation has announced that Devconnect, an Ethereum-focused gathering of developers and the crypto community, will be held in Buenos Aires later this year. Due to the natural alignment of Argentina with Ethereum, the foundation has decided to especially support the local community in order to “bring Argentina on-chain.” This year’s Devconnect will feature … Read more
In a recent social media post, former Coinbase CTO Balaji Srinivasan outlined ten compelling reasons against the implementation of tariffs in the United States, advocating instead for deregulation. He argues that tariffs primarily protect the domestic market but fail to significantly impact countries like China, which exports a majority of its goods elsewhere. Srinivasan highlights … Read more
According to Arkham Intelligence and onchain analytics, custodians overseeing Mt Gox’s bitcoin holdings have transferred 11,833.64 BTC, valued at over $1 billion based on prevailing bitcoin prices. The substantial bitcoin (BTC) transaction occurred Wednesday at block height 886,484, involving precisely 11,833.64 BTC, equating to roughly $1.066 billion. Arkham promptly informed the crypto community via X … Read more
The U.S. dollar may soon lose its safe-haven status as global markets adjust to a rapidly changing geopolitical landscape, according to Deutsche Bank. George Saravelos, the bank’s global head of FX strategy, stated, “The speed and scale of global shifts is so rapid that this needs to be acknowledged as a possibility.” This warning follows … Read more
Crypto investment firm Bitwise Asset Management filed for a spot aptos (APT) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The company manages more than $10 billion in assets across sixteen funds, including spot bitcoin and spot ether ETFs. Bitwise also filed paperwork to establish a Delaware statutory trust for … Read more