Floki and Mastercard have introduced a debit card that will be available in physical and virtual form in 31 European countries. The card supports eight blockchains and can be funded with FLOKI and other cryptocurrencies. A card to spend 13 cryptocurrencies The Floki Debit Card can be issued in 31 countries that correspond to the European Union […]
Security News
Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’
Elon Musk, the unofficial head of US President-elect Donald Trump’s “Department of Government Efficiency,” recently announced his preferred title in the impending administration: volunteer IT consultant. The billionaire technology mogul’s comments came as part of a scathing admonition posted on X.com, which Musk owns, concerning the perceived state of the US government’s computer systems. Musk […]
SEC defends amended suit against Binance, CZ over securities claims
The United States Securities and Exchange Commission (SEC) has responded to a motion for the dismissal of its amended suit against cryptocurrency exchanges Binance and Binance.US and former Binance CEO Changpeng Zhao alleging they operated an unregistered securities exchange. The allegation is based on the sale of ten cryptocurrencies on the secondary market intermediated with […]
Crypto-stealing scam targets Web3 workers with fake meeting apps
Web3 workers are being targeted by a campaign that uses fake meeting apps to inject malware and steal credentials to websites, apps and crypto wallets, Cado Security Labs warned. Scammers are using artificial intelligence to generate and fill out websites and social media accounts to appear as legitimate companies before contacting potential targets to prompt […]
Poland arrests ex-CEO of Russian crypto exchange WEX for US extradition: Report
Polish authorities have reportedly arrested the former chief of the Russia-based crypto exchange WEX in central Warsaw following an extradition request from the United States Department of Justice. The man, who was named only as Dmitry V. due to local laws, is suspected to have engaged in fraud and money laundering while managing WEX — […]
Radiant Capital says North Korea posed as ex-contractor to carry out $50M hack
Radiant Capital has said a $50 million hack on its decentralized finance (DeFi) platform in October was carried out through malware sent via Telegram from a North Korea-aligned hacker posing as an ex-contractor. Radiant said in a Dec. 6 update of the ongoing investigation that its contracted cybersecurity firm Mandiant has assessed “with high-confidence that this attack […]
Altcoin season ‘leg down will be ugly,’ says venture capitalist
The altcoin market has seen substantial gains since Donald Trump’s United States presidential victory, but a venture capitalist has warned of a potential near-term shakeout as institutional investors increase their profit-taking activity. However, not all traders agree. “Considering alt season tapped out for now,” Hartmann Capital managing partner Felix Hartmann said in a Dec. 7 […]
Bitcoin can separate money and state — David Sacks
David Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new “Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin BTC$99,651 as a potential way to separate money and state. Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for its […]
Pepe memecoin flips Uniswap token in market cap, hits all-time high
Popular memecoin Pepe PEPE$0.00002568 overtook Uniswap’s token UNI$17.64 in terms of market capitalization on Dec. 7. The frog-themed memecoin currently has a market capitalization of over $11 billion compared to UNI’s market cap of approximately $10.6 billion — hitting a new all-time high in the process. According to data from CoinMarketCap, Pepe gained approximately 16.8% during the past 24 […]
Coffeezilla calls out ‘insane headlines’ about Hawk Tuah memecoin
YouTube investigator Stephen Findeisen, better known as “Coffeezilla,” has called for an end to the spread of misleading headlines about viral influencer Hailey Welch, also known as “Hawk Tuah,” following the controversial launch of her memecoin, HAWK. “Can yall stop these insane headlines. She didn’t rug for 500M and she didn’t profit $50M,” Coffezilla said […]