Security News

Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States. This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts: “We […]

Cyprus’ financial regulator extended its suspension of FTX’s European arm by another six months, just days before the crypto exchange crosses the second anniversary of its collapse. In a notice on Nov. 5, the Cyprus Securities and Exchange Commission (CySEC) announced the suspension had been extended until May 30, 2025, prohibiting FTX EU from offering services, accepting […]

New Bitcoin “whales,” or investors holding significant amounts, appear to be accumulating the cryptocurrency in anticipation of a victory by former President Donald Trump in the 2024 election. Whales have acquired and withdrawn over 1,806 Bitcoin BTC$73,741 worth over $132 million across 11 newly created cryptocurrency wallets. The withdrawals from the world’s largest centralized exchange (CEX), Binance, were […]

Pro-crypto Republican challenger Bernie Moreno has won the Ohio Senate seat from incumbent Democrat Sherrod Brown. The Associated Press called Monero’s victory at 4:27 am UTC on Nov. 6. Moreno’s win not only adds another pro-crypto voice to the Senate but also removes a powerful crypto-opposing politician who was chair of the Senate Banking Committee — which […]

A swathe of traditional finance and crypto companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, have formed a consortium supporting the latest stablecoin pegged to the United States dollar. In a Nov. 5 statement, blockchain infrastructure firm Paxos shared that the new “open network” was designed to accelerate the adoption and use of stablecoins worldwide. Source: Paxos […]

Semler Scientific says it plans to continue amassing Bitcoin after third-quarter results showed the company added another $2.6 million of Bitcoin to its coffers since October. “We remain laser-focused on acquiring and holding Bitcoin, while supporting innovation and growth in our healthcare business,” said Semler Scientific CEO Doug Murphy-Chutorian in a Nov. 4 statement. Semler said […]

Callers impersonated police in Colorado Bitcoin scam Some residents of the state of Colorado in the United States have fallen victim to a new police impersonation scam. According to an Oct. 31 report from local news site Summit Daily, a scammer called residents and claimed to be a representative of the local government. They told the victim […]

Crypto X, Telegram and Reddit are crawling with crypto shillers, promising huge returns and outsized gains. For the uninitiated, what the shiller means is not always clear and transparent. For that reason, Cointelegraph has put together a simple guide of some of the most common terms in the crypto industry. Here we cover some of […]

Altcoins could be in for more pain before any gains, according to a crypto trader who predicted that a final “altcoin reckoning” may occur. “It looks like the grand finale of the altcoin reckoning has finally arrived,” said ITC Crypto founder Benjamin Cowen in a post on X on Nov. 4. He added that the reckoning should […]

The X account of rapper Wiz Khalifa was reportedly hacked on Nov. 3, after it posted a scam memecoin to the rapper’s 35.7 million followers. In the now-deleted post on X, the hackers that took control of Khalifa’s account said the rapper had been “working with my team to drop $WIZ for all the crypto fans.” Source: […]