Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion. Ethereum continued to trade under $1,800 on Monday. Bitcoin Bitcoin (BTC) started the
Month: March 2023
Cyber criminals are exploiting popularity of ChatGPT to spread malware through hijacked Facebook accounts, cyber intelligence firm CloudSEK said on Monday. CloudSEK in its investigation has found the presence of 13 Facebook pages or accounts including those with Indian content, totalling over 5 lakh followers, that have been compromised and are being used to disseminate
Cryptocurrency exchange Binance continues expanding its global reach by setting up a new blockchain hub in crypto-friendly Georgia. Binance announced on March 26 the opening of its brand-new blockchain hub in Georgia, aiming to promote further adoption of crypto in the country. Referring to the hub as a “Web3 outpost,” Binance intends to attract talent to the
Following Terraform Labs’ founder Do Kwon’s arrest in Montenegro while trying to fly off-shore using fake documents, South Korean authorities have turned up efforts to track down and arrest the other co-founder of the company, Shin Hyun-Seong, also known as Daniel Shin. Since November 2022, South Korean authorities have suspected the involvement of numerous Terra colleagues
US House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China’s government had access to the short video app’s user data. In the United States, there are growing calls to ban TikTok, owned by China-based company ByteDance, or to pass bipartisan
Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from the platform via a smart contract loophole. Blockchain security firm CertiK alerted its followers to the “exit scam” in a March 26 Twitter post, noting that the Kokomo Finance (KOKO) token has plummeted
Crypto firms setting up in Hong Kong ahead of a new licensing regime for crypto exchanges in June have reportedly found some unexpected allies in the region — Chinese state-owned banks. According to a March 27 report from Bloomberg, Chinese banks including Shanghai Pudong Development Bank, the Bank of Communications Co., and Bank of China Ltd. have
Elon Musk Twitter account seen on Mobile with Elon Musk in the background on screen, seen in this photo illustration. On 19 February 2023 in Brussels, Belgium. Jonathan Raa | Nurphoto | Getty Images Pieces of the computer code used to run Twitter were leaked online, according to court filings, marking the social media site’s
Apple’s Taiwanese supplier Pegatron is in talks to open a second India factory, said two sources with direct knowledge of the matter, as the US tech giant’s partners continue to diversify production away from China. Pegatron plans to add a second facility near the southern city of Chennai in Tamil Nadu state, just six months
Mar 24, 2023Ravie LakshmananCloud Security / Programming Cloud-based repository hosting service GitHub said it took the step of replacing its RSA SSH host key used to secure Git operations “out of an abundance of caution” after it was briefly exposed in a public repository. The activity, which was carried out at 05:00 UTC on March
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there
Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says. In his latest Twitter activity, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD. BTC price action closely mimics past cycles Despite facing problems flipping $28,000 to support, BTC
Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently launched layer-2 network Base. The other three include an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools that make the decentralized finance (DeFi) ecosystem safer. The trading platform outlined the four areas
The California-based CEO of Titanium Blockchain has been sentenced to four years of prison — putting an end to a 2018 initial coin offering (ICO) saga that stripped investors of $21 million. Michael Stollery, who founded Titanium Blockchain Infrastructure Services (TBIS), was a key figure in a “cryptocurrency fraud scheme” which involved an initial coin
Gordon Moore, the Intel Corp. co-founder whose theory on computer chip development became the yardstick for progress in the electronics industry, has died. He was 94. Moore died peacefully surrounded by family at his home in Hawaii on Friday, the Gordon and Betty Moore Foundation said in a statement. A founder of industry pioneer Fairchild
Microsoft’s initial offer to address EU antitrust complaints filed by rivals is insufficient and the US software giant needs to do more, German software provider Nextcloud said, as regulators consider whether to open a formal investigation. French cloud computing services provider and complainant OVHcloud is also waiting for a more concrete proposal from Microsoft, a person
- « Previous Page
- 1
- …
- 7
- 8
- 9
- 10
- 11
- …
- 52
- Next Page »