Cryptocurrency company Ripple Labs has recently revealed its strategy to repurchase shares worth $285 million from both early investors and staff. The move highlights Ripple’s commitment to providing liquidity for its investors and offers them an alternative means to cash out their investments. Rather than pursuing an Initial Public Offering (IPO), Ripple has chosen to
Blockchain
BitPay, a leading Bitcoin and cryptocurrency payment service, is set to revolutionize the payment experience for its users. With the introduction of support for dozens of new cryptocurrencies, BitPay aims to provide a seamless and flexible payment solution for customers. This article explores the enhanced payment experience offered by BitPay, its partnerships with leading merchants,
The chairman of the Securities and Exchange Commission (SEC), Gary Gensler, has recently caused a stir in the crypto space with his online posts. In a tweet on X (formerly Twitter) posted on Tuesday, Gensler advised investors to exercise caution when dealing with crypto assets and to implement proper risk management practices. He emphasized that
The Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, recently issued a cautionary message to those considering investing in crypto assets. In a thread on a popular social media platform, he highlighted several factors that investors should keep in mind before diving into the crypto market. Gensler specifically warned about the
The Lazarus Group, a North Korea-sponsored hacking syndicate, has once again made headlines in the world of cryptocurrency. Recently, this notorious group completed their largest transaction in over a month, transferring $1.2 million worth of cryptocurrency from a mixer. This article aims to delve deeper into the details of this transaction and shed light on
In an audacious move, keyless crypto wallet maker Zengo has thrown down the gauntlet to hackers by inviting them to steal 10 BTC and a valuable NFT. The challenge, dubbed the “#ZengoWalletChallenge,” will span 15 days starting from January 9th. With a commitment to transparency and confidence in their product, Zengo aims to prove that
Asset management firm VanEck, a potential provider of a Bitcoin exchange-traded fund (ETF), has recently announced its plans to donate a portion of the profits from the investment vehicle to Bitcoin core developers. This commitment was made through the nonprofit organization Brink. In a post on X (formerly Twitter), VanEck revealed its pledge to donate
Australia’s Assistant Treasurer, Stephen Jones, has launched an investigation into the country’s securities regulator, the Australian Securities Investment Commission (ASIC), for its failure to warn citizens about the potential risks associated with the HyperVerse crypto scheme. Despite global regulators issuing warnings and flagging the scheme as a suspected pyramid scheme, Australian regulators remained silent, resulting
In a startling revelation, blockchain intelligence company TRM labs reported that North Korea was responsible for stealing more than $600 million worth of cryptocurrency in 2023. Shockingly, this figure could potentially rise to $700 million, as several unconfirmed hacks in the final days of 2023 are suspected to have been carried out by North Korea.
Polychain Capital, a leading digital assets fund management company, recently experienced a security breach on the Twitter account of its CEO and founder, Carlson Wee. On January 4th, the company issued a statement on Twitter acknowledging the hack and urged users not to engage with the compromised account until further notice. The breach was detected
