Cryptocurrency news
Man faces arrest over alleged crypto mine hidden under a school
The Massachusetts-based man is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space. A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for a...
German DZ Bank adds digital currencies into asset management services
German asset manager DZ Bank collaborated with Swiss technology firm Metaco to add digital asset management into its services. DZ Bank, Germany’s second-largest bank in terms of asset size, will fully integrate digital currencies into its asset management services in collaborati...
Titanic artifacts to be tokenized as NFTs in new partnership
Real-world artifacts from the famous Titanic wreckage are set to be tokenized as NFTs through a new partnership using blockchain technology. Artifacts recovered from the wreckage of the Titanic will be tokenized using blockchain technology through a partnership driven by the com...
BingChatGPT ‘pump and dump’ tokens emerging by the dozen: PeckShield
Blockchain security firm PeckShield on Twitter said it has found dozens of pump-and-dump tokens purporting to be related to ChatGPT. Blockchain security firm PeckShield has raised the alarm after finding dozens of tokens purporting to be related to artificial intelligence (AI) p...
A ‘snap back’ to $20K? 5 things to know in Bitcoin this week
Bitcoin sees split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally. Bitcoin BTC$24,439 starts the last week of February in a volatile mood as a crucial area of resistance fails to break. After a classic “fakeout” duri...
Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 202...
First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High
ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace Blur, following an airdrop. Good morning. Here’s what’s happening: Prices: Bitcoin surged to its highest level since August. Insights: BLUR, the token...
Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to last June's $100 million Harmony Horizon bridge h...
Bitcoin price returns to $22K despite 'least volatile' US CPI reaction
Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations. Bitcoin BTC $22,100 ticked above $22,000 after the Feb. 14 Wall Street open as crucial United States inflation data delivered “mixed” results. BTC price hits...
Paxos to stop minting BUSD stablecoins for Binance
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said. Blockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the New York regulators. Paxo...