U.Today - The first cryptocurrency tests the 50-day EMA, an important level that often foreshadows significant market movements. This technical threshold is more than just a line on a chart; it represents the demarcation between bullish hope and bearish reality Continue reading →

The Alberta Securities Commission has sanctioned an Edmonton man and his cryptocurrency company for what it called An Edmonton man who admitted to breaching Alberta securities laws by illegally distributing securities to investors and acting as an unregistered dealer has been ordered to pay a $40,000 penalty and stop trading and buying securities or derivatives. In a hearing decision posted to its website on Jan. 12,the Alberta Securities Commission ordered that Devon Christopher Edwards, as the director of KB Crypto Inc., engaged in "serious misconduct" that resulted in "considerable financial losses" to investors estimated at more than $400,000 Continue reading →

HashKey Group, the company behind one of Hong Kongs two cryptocurrency exchanges approved to serve retail investors, said it raised nearly US$100 million in a funding round that valued it at more than US$1 billion, making it a so-called unicorn company. OKX Ventures, the investment arm of OKX, one of the worlds largest cryptocurrency exchanges and an applicant for Hong Kongs virtual asset exchange license, is one of the lead investors in HashKeys funding round, Bloomberg reported. Continue reading →

[PRESS RELEASE London, January 17th, 2024] CoinbarPay unveils revolutionary ecosystem cryptocurrency on XDB CHAIN with Exclusive Community Airdrop Pioneering Web3 Retail Adoption London, 17 January 2024 CoinbarPay, a leader in the web3 payments, is set to announce the upcoming launch of a brand-new ecosystem cryptocurrency on XDB CHAIN, marking a significant leap in blockchain-based retail technologies. Continue reading →

Hackers target susceptible individuals, even as the cryptocurrency market shows signs of optimism amidst the ETF boom. Hackers broke into VeChains X (formerly Twitter) account recently and uploaded a phony giveaway message Continue reading →

By Mr. Roshan Aslam Since its inception in 2009, Bitcoin has been a trailblazer in the world of cryptocurrencies, gaining widespread recognition and adoption, weathered storms, faced skepticism, and witnessed significant fluctuations in its value. However, the question on many investors minds is whether Bitcoin will maintain its dominance in the cryptocurrency market in 2024 Continue reading →

Researchers have detailed how a scam campaign spoofed over a hundred cryptocurrency brands in the past year, stealing at least $80 million in assets from its victims' digital wallets. The Inferno Drainer operation, which combined phishing efforts with infrastructure designed to collect stolen digital currency, was deployed in the wild for a year and became one of the biggest crypto drainers worldwide before its developers shut it down in November 2023, according to a report by Singapore-based cyber firm Group-IB. Inferno Drainer operated under the scam-as-a-service model, with affiliates keeping 80 percent of each theft and the organizers taking 20 percent Continue reading →

Last updated: January 18, 2024 04:04 EST | 2 min read Crypto research firm Chainalysis revealed that at least $24.2 billion worth of cryptocurrency was sent to illicit wallet addresses in 2023, encompassing addresses associated with sanctions, terrorist financing, and scams. The figure is considered a conservative estimate, and Chainalysis expects it to rise as more illicit addresses are identified. Chainalysis focused on crypto-related crime, acknowledging the challenge of distinguishing proceeds from non-crypto-related criminal activities in blockchain data alone Continue reading →