Utah Proposes Investing Public Funds in Cryptocurrencies
TL;DR The proposed bill allows the state treasurer to invest up to 10% of various public funds in digital assets. Digital assets must meet strict...
Search Results for: crypto
Crypto Market: Record Inflows Driven by Euphoria Following Trump’s Inauguration
TL;DR The crypto market recorded record investment inflows of $2.2 billion, driven by euphoria following Trump’s inauguration. Bitcoin led the inflows with $1.9 billion, while...
The Shift in Strategy of Crypto Scammers: Telegram Becomes the New Target for Cybercriminals
TL;DR Crypto scammers have shifted their activity to Telegram, using sophisticated malware instead of traditional phishing methods. The use of fake verification bots is the...
Chainalysis Acquires AI Startup Alterya for Over $150 Million to Improve Security in the Financial and Crypto Sectors
TL;DR Chainalysis has acquired Alterya, a startup specializing in fraud detection using artificial intelligence, for $150 million. Alterya uses autonomous agents to identify fraud in...
a16z Announces Applications for Its Crypto Startup Accelerator Spring 2025
TL;DR a16z will offer up to $500,000 in funding, personalized mentorship, and expert connections to selected crypto startups in its exclusive program. The three-month program,...
Crypto.com Launches Crypto Custody Trust Service for US and Canadian Institutions
TL;DR Crypto.com has launched the Crypto.com Custody Trust Company to serve eligible institutions and high-net-worth clients in the US and Canada, expanding its presence in...
North Korean Hackers Use MetaMask to Launder Cryptocurrencies
TL;DR North Korean hackers used MetaMask to move $200,000 in cryptocurrency, concealing the origin of the funds. Transactions linked to the Hyperliquid bridge were identified,...
Banking Woes for Crypto Hedge Funds: 75% Report Access Issues
TL;DR A recent report by the Alternative Investment Management Association (AIMA) reveals that 75% of hedge funds focused on digital assets face significant challenges in...
Bitcoin Drops to $93,000: Global Crypto Market Decline
The cryptocurrency market has faced a severe setback, with Bitcoin (BTC) leading a broad decline. The world’s most popular cryptocurrency dropped to $93,000 this Friday,...
Massive Sale of 400 Billion SHIB Shakes the Crypto Market
In recent hours, the cryptocurrency market witnessed a move that raised alarms: a Shiba Inu ($SHIB) investor transferred 400 billion tokens to the Gemini platform,...