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Crypto News
Tesla Lost Nearly $300 Million in Profits Due to Bitcoin Sales
In comparison to Bitcoin's performance, Tesla's stock price has fallen by almost 40% since the company's first Bitcoin balance was revealed on February 8, 2021.
Tesla missed out on more…
Citadel.one incurs $93,000 loss due to security breach on Arbitrum Network
One example of the ongoing security risks in the blockchain industry is the $93,000 loss that Citadel.one suffered as a result of an assault on the Arbitrum network.
The alert systems of…
Finnish authorities track cryptocurrency transactions in high-profile hacking case
In a significant cybercrime case involving requests for ransom, the Finnish government tracked down Monero.
According to reports, Finnish police have been tracking the privacy-focused…
CFTC warns that AI cannot predict the next cryptocurrency victor
American regulators have issued a stern warning to would-be cryptocurrency investors: do not put your faith in AI trading bots; doing so will almost certainly lead to a complete and utter…
Nigerian exchanges face license issues as experts call for SEC reform
A representative from Web3 in Nigeria named Kue Barinor Paul has said that in order to meet the financial obligations imposed by the SEC, it is probable that VASPs and Nigerian crypto…
Grayscale’s rate of selling Bitcoin slows down
Despite the removal of more than $5 billion in Bitcoin, Grayscale's GBTC Bitcoin ETF is seeing a significant reduction in withdrawals.
A little over $5 billion worth of digital assets…
Vivek Ramaswamy claims that he informed Donald Trump of the dangers of CBDC
Concerned about the possible dangers to individual financial freedom posed by a Central Bank digital currency (CBDC), entrepreneur Vivek Ramaswamy voiced his worries on Wednesday.
In an…
BlackRock’s IBIT ETF has about 50,000 BTC and has reached $2 billion in assets under…
Not only does the quick accumulation show how interested investors are, but it also signifies a watershed point in the mainstreaming of digital assets in the financial sector.
According…
The DOJ probe is highlighted in the cruise’s internal incident report
In an internal incident report, Cruise made it clear that the Department of Justice is investigating the firm.
Following a noteworthy incident on October 2, federal prosecutors and…
BOE and UK Treasury are unsure on a ‘digital pound’
The UK Treasury and the Bank of England (BoE) have released their comments in response to a consultation document proposing a digital pound.
In response to a "digital pound" consultation…
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