Crypto News
The International Monetary Fund has declined to fully endorse Pakistan’s proposal for a subsidized electricity tariff aimed at powering Bitcoin mining operations, local media outlet Profit reported on July 3. According to the report, Fakhray Alam Irfan, the Chairman of Pakistan’s Senate Standing Committee on Power, revealed that the IMF approved only a three-month relief…
Criminal hackers exploited a critical vulnerability in a Brazilian banking infrastructure on Monday, stealing over R$1 billion (~$180 million) from reserve accounts in what authorities called the largest cyberattack in the country’s financial history. According to Brazil Journal, C&M Software, a Central Bank-authorized service provider that handles API connections for financial institutions in Brazil, became…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According…
Zak Cole, a leading Ethereum core developer, has launched a new initiative to drive the Ethereum network’s expansion and boost its market value. In a speech at the Ethereum Community Conference on July 2, Cole introduced the Ethereum Community Foundation (ECF), an independent entity dedicated to supporting Ethereum as an asset and pushing its price…
Arizona Governor Katie Hobbs has vetoed a bill that would have created a state-managed reserve fund using bitcoin and digital assets seized from criminal activity. This is the third time Hobbs has put an end to a bill seeking to establish a bitcoin reserve. The latest Arizona bitcoin reserve bill, House Bill 2324, would have…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto…
New York law firm Pomerantz LLP has filed a class action lawsuit against Michael Saylor’s Strategy, accusing the Bitcoin-focused firm of misleading investors about the profitability and risks of its crypto investment strategy. Key Takeaways: Pomerantz filed a class action accusing Strategy of misleading investors about bitcoin risks. The lawsuit centers on Strategy’s failure to…
Nigeria-based one or more scammers allegedly impersonated the Trump-Vance Inaugural Committee, stealing $250,300 in Ethereum-based USDT from an intended donor. U.S. Attorney Jeanine Ferris Pirro announced Wednesday that the office filed a complaint, classifying the scam as a Business Email Compromise Scheme. According to the prosecutors, the FBI has traced 40,353 USDT.ETH from the transaction…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
