Category: cryptocurrencies

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Crypto investors under attack by new malware, reveals Cisco Talos

Since December 2022, the two malicious files — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing cryptocurrencies from unwary investors. Anti-malware software Malwarebytes highlighted two new malicious computer programs propagated by unknown sources actively targeting crypto investors in a desktop environment.  Since December 2022, the two malicious files…
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Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade

A recent Binance report details the status of Ether staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted. The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started during…
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Crypto Stories: How Altcoin Daily built a platform for millions of crypto enthusiasts

A cartoon version of the Arnold brothers recounts how they went from struggling to break into the film industry in L.A. to building Altcoin Daily, a platform with millions of crypto enthusiasts. In the latest Crypto Stories episode by Cointelegraph, Aaron and Austin Arnold share their journey of creating ‘Altcoin Daily,’ a crypto content platform…
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SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined

The DeFi market’s total value locked surpassed $50 billion for the first time in six months thanks to the bullish burst in the crypto market over the past week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.…
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Oman to establish regulatory framework for virtual assets

Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies. The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate. According to a Feb. 14 press release, the new rules would include…
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Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations

The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The Central Bank of…
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eBay NFT platform KnownOrigin launches creator smart contract

The creator contract beta release has been tested by users, with 84 contracts deployed and 250 NFTs minted so far. According to a new twitter post on Feb. 16, e-commerce platform eBay’s nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split…
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Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner

Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now in custody. Thieves Face Trial in Russia for Armed Robbery…
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Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States

According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession…
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Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks

Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche Bank Invest in Digital Asset…
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