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UN: North Korea Sees Record Proceeds From Crypto-Related Hacks
In 2022, cryptocurrency thefts and hacks hit a new high, fueled by the bear market and generally gloomy investor sentiment surrounding the industry. And, as one of the world’s biggest sponsors of hacks and security breaches, it’s no surprise that... -
How Hackers Stole Over $6 Billion From DeFi Protocols In Just One Year
It has been reported that hacks of the DeFi sector rose in the year 2022, with Bug Bounty Hunting Training's crypto analyst Kofi Mensah stating on February 4th, 2023 that hackers had stolen in excess of $6 billion using DefiLlama... -
VISA Working to Bolster Stablecoin-Enabled Cross-Border Settlements
VISA, one of the world’s most popular payment processors and manufacturers of credit cards, is standing by its cryptocurrency strategy as it looks to bolster its inroads into the industry this year. Tapping Into a Growing Field Speaking at the... -
Elon Musk Says Twitter is Nearing ‘Breakeven’ Even as Controversies Rage On
Elon Musk, who acquired Twitter in October 2022 has said that the social media company is now “trending to breakeven.” The billionaire had previously flagged Twitter bankruptcy concerns and said that it was losing $4 million a day. Musk acquired... -
Binance CZ: Stablecoin Regulation Could Fuel Mass Adoption Of Digital Currencies
On February 1st, Binance CEO Changpeng Zhao (CZ) tweeted that stablecoin regulation could potentially accelerate its growth. CZ believes that these regulations will increase the adoption of stablecoins for cross-border payments, aid disbursements, and inflation hedging. https://twitter.com/uicidalbanker/status/1621256538525417472?s=20&t=AksCv37yvF-XnXW9SYkExA It should be... -
FTX Extends Bid Deadline for European and Japanese Subsidiaries: Here’s What You Need To Know
The bankrupt cryptocurrency exchange FTX has requested an extension of the deadline for bids on its subsidiaries in Europe and Japan. The administrators are working hard to find the funds to pay the creditors. It's important to remember that in... -
Indonesia Set to Launch Cryptocurrency Exchange by June 2023 Ahead of Regulatory Shift
The Indonesian government is set to launch a cryptocurrency exchange in June to shift regulatory powers over digital assets to the Financial Services Authority (FSA). Shifting Digital Assets Regulatory Oversight to Indonesia Government The Indonesian Ministry of Finance considers cryptocurrency... -
Meta CEO Zuckerberg Keen on Metaverse Plans Despite $13.7 Billion Loss in 2022
Despite previous setbacks, Meta CEO Mark Zuckerberg stated recently during a fourth-quarter earnings meeting that the company remains committed to exploring the metaverse industry and developing more innovative projects. Meta’s Innovative Long-Term Strategy for the Metaverse Meta’s founder and CEO,... -
Meta Platforms Stock Surges as ‘Year of Efficiency’ Offsets 2022 Revenue Decline
Meta Platforms (NYSE: META) stock is up almost 20% in US premarkets today after reporting its earnings for the fourth quarter of 2022. The company missed earnings estimates due to restructuring costs but beat on revenues. Meta Platforms also talked... -
Bots Are Driving Safemoon & BNB Up: Here’s What The Latest Twitter Statistics Show
Analysis of Twitter data obtained through the Utradea financial information API indicates that interactions regarding BNB and Safemoon are primarily created by bots. An analysis of the ten most tweeted stock tickers over the past 24 hours has revealed two...
