Governor György Matolcsy reciprocated the need for a crypto ban, currently imposed by China and proposed by Russia’s central bank. György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European Union. Governor Matolcsy cited the recent crypto ban imposed by China in…
Read more
Head of Research at Fidelity Digital Asset is convinced Bitcoin’s value proposition as a decentralized and censorship-resistant monetary network sets it apart from other cryptocurrencies. Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes it plays an exclusive role in…
Read more
The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based…
Read more
Law enforcement in Russia has blocked major sites on the dark web, including a carding market leader. The platforms have been seized amid ongoing investigations into hacking groups, with Russian authorities ramping up efforts to dismantle the cybercrime rings and detain their members. Interior Ministry of Russia Hits Stolen Credit Cards Market The Ministry of…
Read more
Bitcoin’s “Mayflower Generation” has evolved into a revolutionary army. But, how has the threat landscape changed — and how can they keep their coins safe? It’s been just 13 years since Bitcoin’s (BTC) “Mayflower moment,” when a tiny handful of intrepid travelers chose to turn their back on the Fiat Empire and strike out to…
Read more
Crypto traders can use historical data to maximize their profits when the market flips back to bullish. This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching…
Read more
In 2021 alone, victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams, compared to just over $35 million in 2020. The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend…
Read more
Inflows into the DeFi sector witnessed an uptick as the wider crypto market recovers and investor sentiment improves. Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down between 10% to 50% since the start of the year. Top ten DeFi…
Read more
BTC bulls want to confirm this week’s trend reversal, but analysts warn that Bitcoin price is in a “profit-taking” zone where $45,000 is expected to stand as resistance. The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and rising inflation have prompted warnings…
Read more
Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm Will Likely Accept Cryptocurrencies…
Read more
