This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Over $600,000,000 Worth Of Crypto Were Stolen By North Korean Hackers In 2023
According to recent findings from blockchain intelligence company TRM Labs, North Korean hackers made off with digital assets valued at more than $500 million in 2023. New research from the crypto analytics platform indicates that hackers linked to the DPRK stole $600 million worth of cryptocurrency last year…[continue reading]
2) MEXC Is Facing A Rise In Forced Liquidation Scam Claims
The number of complaints about MEXC being a scammer has increased as more users have reported their accounts being restricted for no apparent reason. As a result of shady tactics, some well-known cryptocurrency exchanges, such as Celsius and FTX, have collapsed, shocking the market. More and more people are accusing MEXC of fraud and arbitrary account limits, adding to the industry’s difficulties as it tries to restore confidence…[continue reading]
3) BlackRock Will Buy $10 Million Bitcoin Today
On January 5th, BlackRock will buy $10 million worth of Bitcoin to help seed its Spot Bitcoin ETF. The asset manager had originally scheduled this Bitcoin purchase for January 3. But it was ultimately pushed out to this later date, maybe so they could make sure they were totally compliant and had all the necessary governmental permissions…[continue reading]
4) Visa Tests Out Its New Web3 Loyalty Program
On Thursday, the online payment giant Visa announced the launch of its Web3 loyalty program, which will include interactive treasure hunts and gamified prizes. Brands will be able to build digital wallets on behalf of customers to store reward points and experiences using the customer engagement platform called the Visa Web3 Loyalty Engagement Solution…[continue reading]
5) UK Online Safety Act Fails Advanced Generative AI
Generative AI is difficult, and the new cyber rules in the UK could not be up to the task, according to the paper. The presence of terrorist generative AI chatbots, whether created for shock effect, experimentation, or even parody, might possibly constitute a significant danger, according to a new analysis. “Sophisticated generative AI is unsuited to the new Online Safety Act,” the paper said…[continue reading]
6) Bitcoin Miner Cleanspark Enters The Crypto Trading Arena
According to reports, American Bitcoin miner CleanSpark Inc. is planning to open an in-house trading desk in 2024 in an effort to make the most of its large Bitcoin (BTC) holdings. The corporation plans to use its large Bitcoin balance and the increasing interest in the cryptocurrency market to its advantage with this strategic move…[continue reading]
7) Gamma Negotiates With Hacker After $3.4M Exploit
PeckShield, a blockchain security startup, verified the theft of $3.4 million from Gamma Strategies. The Ethereum-based liquidity management protocol Gamma Strategies has reached out to the hacker responsible for the theft of $3.4 million worth of digital assets, requesting that they negotiate a reward in order to recover the funds that were lost in the exploit…[continue reading]
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