April 2024

Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation

Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation

Last updated: April 29, 2024 02:10 EDT | 1 min read Thai authorities recently cracked down on a crypto mining operation suspected of stealing electricity. The raid in Samut Sakhon and Ratchaburi netted over 650 mining devices valued at more than 200m baht (about $5m). Acting on tip-offs about unusually high electricity use, officials from […]

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Io.net CEO Details Recent Sybil Attack and New Security Measures

Io.net CEO Details Recent Sybil Attack and New Security Measures

Last updated: April 29, 2024 01:52 EDT | 2 min read Io.net CEO Ahmad Shadid recently disclosed details of a Sybil attack on the network, emphasizing the company’s measures to bolster security. According to a postmortem Shadid published on social media, the attackers exploited vulnerabilities to spoof GPU availability and receive rewards of the decentralized

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Australia Set to Approve First Spot Bitcoin ETFs by Year’s End 2024

Australia Set to Approve First Spot Bitcoin ETFs by Year’s End 2024

Last updated: April 29, 2024 01:44 EDT | 1 min read Investors in Australia could soon have a new way to gain exposure to Bitcoin, as the country is poised for a surge of spot Bitcoin exchange-traded funds (ETFs). The country’s main market operator, ASX, is on track to greenlight the country’s first Spot-based Bitcoin

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Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)

Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)

Bitcoin’s price actions were quite bearish for the past few days once again as the asset fell to $62,300 yesterday but managed to regain almost two grand since then. The altcoins have also turned green today, with ETH jumping above $3,300 and SOL reclaiming the $140 level. BTC Challenges $64K It was just over a

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Upbit Dominates South Korea’s Crypto Market, Ranking Top 5 Globally: Report

Upbit Dominates South Korea’s Crypto Market, Ranking Top 5 Globally: Report

Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of trading volume. According to a Bloomberg report, Upbit’s customers were responsible for nearly a fifth of the total deposits from its major banking partners last

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Institutional Interest in Crypto Assets Surges in Canada: KPMG Report

Institutional Interest in Crypto Assets Surges in Canada: KPMG Report

Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s bi-annual survey, “Institutional Adoption of Cryptoassets,” received 65 responses, including 31 institutional investors managing over $500 million in assets and 34 financial services organizations. In

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SlowMist Exposes Scam Using Malicious RPC Node Modifications

SlowMist Exposes Scam Using Malicious RPC Node Modifications

SlowMist, in collaboration with imToken, has uncovered a new breed of cryptocurrency scam that targets users in physical offline transactions, utilizing USDT as the mode of payment. This fraudulent scheme operates by tampering with Ethereum node Remote Procedure Calls (RPC) to defraud unsuspecting victims. Scammer’s Strategy Initially, the scammer persuades the target to download the

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XRP Bull Run Nowhere to Be Seen as Bears Eye $0.5 Next: Ripple Price Analysis

XRP Bull Run Nowhere to Be Seen as Bears Eye $0.5 Next: Ripple Price Analysis

Ripple’s price has yet to show a sign of recovery and is continuing its overall bearish trend. If things are to change, the price should soon begin its recovery, as the market is in a critical area. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has dropped aggressively below the 200-day moving

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Bitcoin Price Prediction as Bears Push BTC Below $63,000 Level – Where is the Next Support

Bitcoin Price Prediction as Bears Push BTC Below $63,000 Level – Where is the Next Support

Last updated: April 27, 2024 16:57 EDT | 3 min read Bitcoin Price Prediction – Source: Tradingview Bitcoin (BTC) maintained its upward trend and experienced a strong upward rally, hitting the intra-day high of $65,100 before dropping near the $63,000 mark. Despite minor dips in other altcoins like Ethereum (ETH) and Dogecoin (DOGE), BTC held

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