Security News

A political action committee (PAC) backed by cryptocurrency mining executives has launched two ad spots for Republican candidates as early voting continues in the United States for the November election. In an Oct. 21 X post, the Bitcoin Voter PAC said it was responsible for an ad supporting Texas Senator Ted Cruz as residents of the state […]

A report that Chinese researchers have employed a D-Wave quantum computer to breach encryption algorithms used to secure bank accounts, top-secret military data and crypto wallets is, at first glance, a matter of deep concern. “This is the first time that a real quantum computer has posed a real and substantial threat to multiple full-scale […]

Fracture Labs, creator of the Web3 game Decimated, has filed suit against market maker Jump Crypto for allegedly orchestrating a pump-and-dump scheme using its in-game currency, DIO. In a complaint filed on Oct. 15 in the United States District Court for the Northern District of Illinois, Eastern Division, Fracture Labs alleges that Jump Crypto conspired […]

Japan’s Democratic Party for the People (DPP) leader Yuichiro Tamaki proposed a crypto tax plan that would lower tax crypto gains to 20% if he gets elected. “If you think crypto assets should be taxed separately at 20% instead of treated as miscellaneous income, please vote for the Democratic Party for the People,” Tamaki said in a […]

Former President Trump’s 20-point lead over Vice President Kamala Harris on Polymarket has sparked manipulation concerns. Tarek Mansour — the founder of the Kalshi prediction market — recently argued that these results were accurate and not the result of inorganic manipulation by presenting comparable data from Kalshi. Mansour began by dispelling the media claim that […]

Fracture Labs, creator of the Web3 game Decimated, has filed suit against market maker Jump Crypto for allegedly orchestrating a pump-and-dump scheme using its in-game currency, DIO. In a complaint filed on Oct. 15 in the United States District Court for the Northern District of Illinois, Eastern Division, Fracture Labs alleges that Jump Crypto conspired […]

Just over $50 billion worth of Ether is currently locked in accumulation wallets — nearly 65% more than the beginning of 2024, according to a crypto analyst. “By October 18, 2024, the total amount of Ethereum in accumulation addresses surpassed 19 million,” CryptoQuant contributor Burakkesmeci wrote in an Oct. 20 analyst note. 11.5M ETH increase in […]

A recent paper published by the European Central Bank on Oct. 12, 2024, claimed that older Bitcoin BTC$68,362 holders profit at the expense of newer holders and argued that the scarce decentralized currency should be regulated to prevent its price from rising or outright banned. The authors claimed that those who acquired BTC at an earlier date, […]

Bitcoin’s BTC$68,373 price nearing $70,000 has sparked a shift in market sentiment, with a surge in bullish posts among traders. However, one trader warns that the market isn’t quite there yet and still has a way to go before it can truly be called bullish. “I don’t think the sentiment is that bullish currently,” independent crypto analyst […]

With less than a month until the people of the United States decide who will represent them in the House of Representatives, Senate, and the Presidency, some crypto events seem to be focused on regulation and politics. Attending the Permissionless III conference in Salt Lake City, Utah, and Ripple Swell in Miami, Florida, in October, […]