A Cyber Attack on Arbitrum Leaves Users in Distress
A recent cyber attack on Arbitrum’s official Discord server has caused havoc. The hack was carried out using phishing links to target the platform’s users. As a result, $500,000 in ARB tokens were stolen. The phishing message contains claims about a fake additional stake reclaim opportunity in Arbitrum DAO Governance. CertiK, a blockchain security company, announced the news on Twitter …
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Portuguese NFT Marketplace Embraces Shiba Inu Cryptocurrency for Transactions
Good news for Shiba Inu and cryptocurrency fans! Tokapi, a well-known NFT marketplace with a Portuguese base, has declared that SHIB is now accepted as payment for exclusive NFT purchases. Customers can leverage their SHIB tokens to safely purchase one-of-a-kind digital assets on the platform thanks to the company’s alliance with BitPay. During the past year, the popularity of NFTs …
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Crypto IRA Account: A Beginner’s Guide to Investing in Cryptocurrency
Cryptocurrency has taken the world by storm, and as more people invest in digital currencies, it has become a popular investment option for retirement. One way to invest in cryptocurrency for retirement is through a Crypto IRA account. In this article, we’ll explore everything you need to know about a Crypto IRA account, how it works, and why it’s becoming …
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Crypto Market Slump: Prices of Bitcoin and Ethereum Moderately Collapse
The bitcoin industry is one where things are always shifting and shaking. The volume of the worldwide cryptocurrency market has increased by an astounding 0.81 percent, with bitcoin taking the lead as the most popular virtual currency. But that’s not all; Litecoin has also experienced some significant gains, making it the market’s top gainer. Source: CoinMarket Cap Regrettably, not all …
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Ethereum-based Social Networks and their Potential Impact on Online Privacy
Social media has become an unavoidable part of our lives, and the concept of social networks is rapidly evolving. The emergence of Ethereum-based social networks has opened up new possibilities for online privacy. Ethereum is a blockchain-based platform that enables decentralized applications to run on its network. Social networks based on this platform can provide a greater level of security …
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Australian Banks Are Ordered to Report on Crypto
Following the catastrophic collapse of Silicon Valley Bank, Australian banking regulators have advised financial institutions to exercise caution when engaging in cryptocurrency transactions (SVB). The Australian Prudential Regulatory Authority (APRA), according to sources, has further asked banks to provide detailed records of every transaction involving cryptocurrencies. This development emerged after a detailed study on the cost of living after COVID-19 …
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Ethereum’s Price is Susceptible to a Breakdown Due to Underperformance
The second-largest cryptocurrency in the world, Ethereum, is witnessing challenges when compared to the US dollar. The digital currency is susceptible to a breakdown due to underperformance. To learn more let us delve deeper into the matter. Possibility of a Break Below $1,796.72 Due to Ethereum’s incapability to overcome the $1,840 resistance level, there are concerns that the price may …
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Good news for Crypto Fans: Binance Deals $1 Billion Blow to Bearish Sentiment!
Binance, one of the world’s leading cryptocurrency exchanges, has recently surprised the crypto community with its decision regarding its Industry Recovery Initiative. According to the company, it will now be converting the remaining funds from the initiative from BUSD stablecoin to native cryptocurrencies such as BTC, BNB, and ETH. When was the Industry Recovery Initiative Introduced? The Industry Recovery Initiative …
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Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed
The world of cryptocurrency is full of uncertainties. However, this week the traditional banking industry witnessed some high-profile losses with the crash of two major banks, leading critics to question the stability of the traditional financial system. One of the major criticisms was made by Tesla CEO Elon Musk, following the crash he couldn’t hesitate a little trolling those high-profile …
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US SEC Opposes Binance-Voyager’s Billion-Dollar Lucrative Deal
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Brandon Davis
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February 23, 2023
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Crypto, News
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Crypto
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0 Comments
The US Securities and Exchange Commission (SEC) has been taking stringent measures in response to the increasing tensions around cryptocurrency-related frauds and vulnerabilities. The commission has once again stepped up its involvement in the digital asset industry with strong opposition against Binance US and defunct crypto lender Voyager’s proposed $1 billion merger. Despite giving initial court approval back in January …
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