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Twitter Hack Spurs Calls for Social Media Regulation - NY DFS Report

Large social media platforms like Twitter should be overseen by a dedicated regulator, according to a new report by a top US financial watchdog.The report from the New York State Department of Financi
PayPal Adds Bitcoin and Crypto Trading: A Comprehensive Guide

PayPal has launched a service that will allow customers to trade and exchange cryptocurrencies directly from their account and through compatible merchants.Bitcoin, Ethereum, Bitcoin Cash, and Litecoi
Bitcoin Hits Record High: Surpasses $22,000 – Analysis & Future Outlook

The value of Bitcoin has broken the $22,000-barrier for the first time in its history, representing a 175% rise during 2020, after receiving strong backing from investors and institutional giants.The
Bitcoin Hits New All-Time High: $36,352.20 – Market Analysis

Bitcoin prices surged to an all-time high this morning, reaching a value of $36,352.20 (£26,627.80).The all-time high trading was recorded at around 7:00 this morning (GMT), just days after the crypt
ElectroRAT: Sophisticated Crypto Theft Campaign Exploiting Bitcoin Users

Cyber criminals have been running a sophisticated operation to steal cryptocurrency from unsuspecting victims by luring them to fake exchange platforms and using a remote access tool (RAT) built from
Ryuk Ransomware: Criminal Earnings Exceed $150 Million

The operators behind the notorious Ryuk ransomware family, one of the world’s fastest-spreading strains, have earned more than $150 million (roughly £110 million) through criminal activity to date.The
FCA Warns Bitcoin Investors of Potential Total Loss Amid Market Volatility

The Financial Conduct Authority (FCA) has issued a warning for budding cryptocurrency investors, suggesting they should be prepared to "lose all their money". The watchdog said on Monday tha
QNAP Security Alert: Protect Your NAS from Dovecat Cryptocurrency Mining Malware

QNAP has warned its customers that their network-attached storage (NAS) drives might be susceptible to infection by a malware strain known as Dovecat, which infects devices and silently mines cryptocu
Mastercard to Integrate Cryptocurrencies, Bitcoin's Inclusion Uncertain

Mastercard has outlined a strict set of criteria that cryptocurrencies will have to fall under to be directly supported on its payments network as part of changes being made this year.The financial se
Nvidia Adapts to Chip Shortage by Utilizing Older GPUs

Nvidia has turned to some of its older graphics cards in order to meet the rising demand for GPUs amid a global shortage of PC components and chipsets.The move comes at a time when businesses and indi
Adyen CEO: Bitcoin's Volatility Hinders Mainstream Adoption as Payment Method

The CEO of European fintech giant Adyen has expressed concerns around using Bitcoin as a mainstream form of payment.The cryptocurrency's volatility makes it less viable for transactions, the comp
Nvidia RTX 3060: Self-Throttling for Cryptocurrency Mining to Prevent Shortages

Nvidia plans to deter cryptocurrency miners from buying large quantities of its upcoming GeForce RTX 3060 graphics card by programming its driver software to automatically halve its efficiency when us
GitHub & Docker Hub Targeted in Renewed Cryptocurrency Mining Attacks

Security researchers have discovered a revival in attacks against GitHub and Docker Hub to mine cryptocurrency. According to researchers at cybersecurity firm Aqua Security, in just four days, the att
John McAfee Faces Cryptocurrency Fraud Charges

John McAfee, the founder of computer security software company McAfee, has been charged with conspiracy to commit fraud and money laundering.John McAfee and his bodyguard Jimmy Gale Watson Jr have bee
Federal Reserve: Foreign CBDCs Pose Potential Risk to US Dollar Dominance

The introduction of new centralised digital currencies in other countries could lead to a decrease in the use of the US dollar if they are deemed more attractive, the Federal Reserve has warned.In a w
Crypto.com Confirms $34M Hack Exploited 2FA Vulnerability

Singapore-based cryptocurrency exchange Crypto.com has confirmed its two-factor authentication (2FA) was exploited by unauthorised individuals to drain $34 million (around £25 million) from user accou
IMF Warns El Salvador: Bitcoin Policy Risks Financial Stability & IMF Loan Access

The International Monetary Fund (IMF) has urged El Salvador to remove Bitcoin’s legal status, warning it could impact the nation’s ability to receive a loan from the fund.The government of the country
China Launches Blockchain Pilot Program in 15 Zones

China has selected 15 pilot zones and 164 entities in various industries to carry out blockchain pilot projects across the country.The pilot zones include areas in major cities like Shanghai and Beiji
India Launches Digital Rupee: A Central Bank Digital Currency

India is set to launch a central bank digital currency (CBDC) called the digital rupee in a bid to boost the digital economy. Nirmala Sitharaman, minister for finance and corporate affairs, announced
FBI Seizes $3.6 Billion in Bitcoin Linked to 2016 Bitfinex Hack

The FBI has arrested a married couple in New York, alleging they conspired to launder cryptocurrency stolen from the 2016 hack of virtual currency exchange Bitfinex. In August 2016, hackers stole $65

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Blockchain

Blockchain