Category Archives: Cryptocurrency News

What You Need to Know About Binary Options Brokers?

What You Need to Know About Binary Options Brokers? Nowadays, there are many binary options brokers in the market, and everyone claims to provide the best services. Binary options trading was always popular, but it gained more popularity after its approval by the United States Security and Exchange Commission.    Suppose you are a trader and want to get into binary options trading. In that case, you must analyze some important aspects before choosing a…

FBI Warns of Rise of Scam Cryptocurrency Schemes on Dating Sites

Between January 1, 2021 and July 31, 2021, the FBI received over 1,800 complaints related to cryptocurrency dating site scams. The victims’ losses are estimated at $ 133.4 million. The FBI has issued a warning about cryptocurrency scammers using dating sites and social media to lure potential victims into cryptocurrency fraudulent schemes. With the pandemic, people have become more likely to suffer from depression and loneliness, so dating and communication apps have become very popular.…

Atlas VPN: hidden mining software tops malware rankings in 2021

According to Atlas VPN analysts, in the first half of 2021, cryptojacking programs were identified on 74,490 devices. The MalXMR malware is recognized as the leader in the rating of cryptojacking programs. In the first half of the year, 44,587 devices were infected with this hidden mining application. The program exploits the Windows vulnerability through the EternalBlue exploit and mines crypto assets. CoinMiner became the second most popular. Malware was detected on 8,533 devices. The…

NYT: “The US government has five ways to regulate stablecoins”

The influential New York Times drew attention to the problem of stablecoin development and predicted their speedy regulation. The New York Times (NYT) published an explanatory article on stablecoins outlining the possible options for regulators to deal with this asset class. According to the article, although the value of stablecoins is pegged to fiat currencies, the nature and stability of the backing assets have been repeatedly questioned, a fact that government agencies often cite in…

XRP Investors filed a class action lawsuit against Apple

XRP investors who have been victims of phishing attacks have sued Apple and accused it of posting a fake Toast Plus app on the App Store. The class action was filed in federal court in Maryland on behalf of plaintiff Hadona Diep. According to the statement, in March 2020, a woman downloaded the malicious application Toast Plus from the Apple Store, mistaking it for a new version of the Toast Wallet cryptocurrency wallet. Since the…

Court of Audit of El Salvador will check the procedures for accepting BTC as legal tender

The Accounts Chamber of El Salvador received a request from the non-profit organization Cristosal to verify the legality of government purchases of bitcoins and allocate funds for the installation of cryptomats. The investigation began after the human rights organization Cristosal filed a complaint with the Audit Chamber asking to reconsider the process of accepting bitcoins in El Salvador as legal tender. Cristosal claims that the introduction of payments in BTC was completely “unconstitutional” and the…

Solana launched the second version of the “bridge” Wormhole for the transfer of cryptoassets to Ethereum

The new version of the protocol of interaction between Solana and Ethereum is ready for the migration of cryptoassets. The developers of the “bridge” Wormhole announced the launch of the second version of the solution. The developers of the Wormhole Bridge, designed to connect different blockchains, presented the second iteration of the solution and shared the details of the upcoming migration from the first to the second version. According to a statement posted on Wormhole’s…

ETH for $ 3 million stolen from the SushiSwap platform for the sale of MISO tokens

The developers of the SushiSwap decentralized exchange reported that 864 ETH was stolen from the platform for the sale of MISO tokens as a result of a hacker attack. According to a Twitter post by SushiSwap CTO Joseph Delong, the hacker exploited a vulnerability in the MISO platform during an auction for the sale of non-fungible tokens (NFT) and withdrew 864.8 ETH worth about $ 3 million. DeLonge stated that an anonymous contractor using the…

FCA: the number of complaints against cryptocurrency scammers increased by 222%

Between April 2020 and March 2021, complaints about fraudulent cryptocurrency projects increased by 222%, according to the UK Financial Conduct Authority. The UK Financial Conduct Authority (FCA) has published research results related to investments in various projects, including cryptocurrencies. The regulator said that in April 2020 it received 176 requests related to cryptocurrency fraud, and by March 2021 this number had grown to 566. The agency suggested that this is partly due to the age…

Argo Blockchain enters the American stock exchange Nasdaq

LSE-listed mining company Argo Blockchain entered the Nasdaq stock exchange with 7.5 million American depositary receipts under the ticker ARBK. 7.5 million American Depositary Receipts (ADR) are equivalent to 75 million Argo Blockchain common shares. Now Argo Blockchain shares are traded at 1/33 pound sterling ($ 1/84) apiece, from entering the Nasdaq the company can receive up to $ 138 million. At the moment, the capitalization of the mining company is estimated at $ 745…