A French hacker gambles on a unique defense and wins A man only identified as Mohammed M. and his brother were vindicated of all criminal charges, while €7.8 million (US$8.4 million) worth of crypto tokens became untouchable after getting stuck in a wallet. A French court has permitted the two brothers, guilty of stealing $8.5
The newest branch of the Armed Forces supports the expansion of cryptocurrency Major Jason Lowery of the US Space Force says the US should formally investigate utilizing proof-of-work networks like Bitcoin (BTC) to protect from cyber-inflicted warfare. On December 2, Lowery demonstrated in a four-page letter to the US Defense Innovation Board that while Bitcoin
The merger creates a US-based crypto mining powerhouse that could change the market Cryptocurrency mining firms Hut 8 Mining Corporation and US Bitcoin Corporation (USBTC) are uniting operations in an all-stock merger to create a new US-focused company named Hut 8 Corp (New Hut). Canadian-based Hut 8 revealed the culmination of the merger on November
The new payment options could indicate growing crypto acceptance across Europe Cryptocurrency payment platform Alchemy Pay has introduced new deposit options in Europe and the UK, including Single Euro Payments Area (SEPA) Instant and Faster Payments, the UK fast money transfer option. In the November 29 announcement, Alchemy Pay noted that the new payment options
Bybit is under investigation for allegedly offering its exchange services in the US without a license Coinbase is informing customers that it has been subpoenaed by the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who posted a copy of the notice. The CFTC is pursuing information regarding the Bybit
FTX users want the defunct cryptocurrency exchange’s partners to pay up A group of FTX users is targeting the Mercedes-AMG Petronas Formula One team and MLB for allegedly supporting FTX to commit fraud by promoting the crypto exchange, according to twin class-action lawsuits in a Florida district court on November 27. The suits accuse the
The platform allegedly helped thieves steal over $80 million in cryptocurrency One of the most widespread cryptocurrency wallet-draining kits available, Inferno Drainer, announced that it’s shutting down its services permanently after aiding phishing scammers in stealing almost $70 million in crypto in 2023. https://t.me/InfernoDrainer/150 The Inferno Drainer team announced in a November 26 Telegram post
The wallet was removed from the App Store and Google Play without warning Apple is again meeting the anger of cryptocurrency users as a widespread Bitcoin Lightning wallet vanished from its US App Store. Bitcoin Lightning payment app Wallet of Satoshi (WoS) was also removed from the Google Play Store in the US as it
The cryptocurrency conman will have to remain behind bars as his legal team fights for his release FTX cryptocurrency exchange founder and convicted felon Sam Bankman-Fried will remain behind bars after attempts to persuade a US appellate court that he should be released during his legal team’s appeals process have failed. The November 21 ruling
The cryptocurrency exchange will pay over $4 billion in fines and penalties in the US Changpeng Zhao, billionaire and the now-former CEO of the Binance cryptocurrency exchange, pleaded guilty on Tuesday to federal charges in the latest trial to restrain the often unchecked cryptocurrency industry. Binance has agreed to pay more than $4 billion in
Apple’s history of suppressing competition continues to cause it financial problems Apple is facing a class-action lawsuit from dissatisfied consumers claiming the tech giant exhibited anti-competitive conduct by conspiring to limit peer-to-peer (P2P) payment options on iOS devices while blocking cryptocurrency technology from its payment apps. The complaint was filed on November 17 in a
The cryptocurrency exchange is offering $10 million if the hacker returns the rest of the funds The cryptocurrency exchange Poloniex recently posted a recent message to the hacker liable for the theft of over $100 million in digital assets from one of its digital wallets. It said that it has pinpointed the person responsible and
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