Bulletpoints: – Nobel Laureate Paul Krugman has expressed his disapproval for cryptocurrency. – He compared the cryptocurrency craze to the US housing market prior to its collapse. – Recently, he compared the crypto to Tesla and its stocks. Nobel Laureate Paul Krugman has recently joined the ranks of the world’s intellectuals and business moguls to […]
Gemini Accused Of Fraud In Class-Action Lawsuit, Investors Seek Compensation
• A class-action lawsuit was filed against Gemini and its founders Tyler and Cameron Winklevoss, alleging fraud and other crimes. • Gemini had a high-yield program called Gemini Earn, a cryptocurrency savings account that offered interest in exchange for deposits. • After the collapse of FTX, Gemini halted withdrawals for the interest-bearing contract, wiping out […]
BlueNoroff: North Korean Hackers Target Crypto Firms, Steal Millions
• North Korean hackers have been targeting cryptocurrency startups using a variety of methods, including pretending to be venture capitalists. • The hackers have been using malware to attack businesses in the Blockchain, DeFi, and FinTech industries, stealing millions of dollars in cryptocurrencies. • Cybersecurity firm Kaspersky Lab has released a report that details the […]
Shiba Inu (SHIB) Plummets 77% This Year, Still Tops Ethereum Whales
• Shiba Inu (SHIB) has declined 3% in the last 24 hours, making it the biggest loser of the Ethereum whales. • The coin has lost 77% of its value this year. • Data from WhaleStats shows Shiba Inu still holds the largest portion of the top 5000 ETH whales. The cryptocurrency market has seen […]
Cybercriminal Returns $12 Million Worth of Crypto Assets Stolen From Defrost Finance
• Defrost Finance, a DeFi protocol built on the Avalanche blockchain, recently released a blog post revealing that the cybercriminal responsible for the Christmas Day hack which drained the project of around $12 million worth of crypto assets had returned all the funds. • The update also showed that the wallet address now contains the […]
Pi Network Mainnet Launch Approaching: Exchange Listing to Follow
• The Pi Network has been operational for three years, allowing users to mine tokens from smartphones. • An upcoming mainnet launch of the cryptocurrency will likely bring about an exchange listing. • The launch will take place in two phases: a Closed and an Open Mainnet launch, allowing more time for app creation and […]
Kabosu, Beloved Shiba Inu Behind Dogecoin, Celebrates 17th Birthday Despite Health Issues
• Two programmers created Dogecoin as a parody of the cryptocurrency industry in 2013. • Kabosu, a beloved Shiba Inu, was responsible for the meme’s popularity and recently celebrated its 17th birthday. • Recently, Kabosu has been suffering from a serious health condition. Dogecoin, a popular cryptocurrency, has been in the news lately, not only […]
Die Risiken der Bitcoin-Investition
Bitcoin ist die erste dezentrale digitale Währung und eine der am häufigsten diskutierten Technologien des 21. Jahrhunderts. Seit seiner Einführung im Januar 2009 hat Bitcoin eine beispiellose Wertsteigerung erlebt. Dies hat viele Menschen dazu veranlasst, sich in Bitcoin-Investitionen zu engagieren. Allerdings ist es wichtig, dass Sie sich bewusst machen, dass Investitionen in Bitcoin mit einigen […]
Die steuerlichen Implikationen von Bitcoin ETFs
Der Bitcoin-Markt hat sich in den letzten Jahren zu einem der am schnellsten wachsenden Märkte der Welt entwickelt. Millionen von Menschen auf der ganzen Welt investieren täglich in Bitcoin und nutzen diese neue Technologie, um ihren Reichtum aufzubauen. In den letzten Monaten hat der Markt auch an Fahrt aufgenommen, als verschiedene Unternehmen anfingen, Bitcoin-basierte Exchange […]
The Dangers of Mining at High Difficulty Levels
Miners employ mining as a key component of the cryptocurrency system to protect the blockchain network. In order to get rewards, miners confirm transactions and add them to the blockchain ledger throughout the mining process. The mining challenge rises as the Bitcoin network expands, and miners must do increasingly challenging computations to get rewards. The […]