Bitcoin
'Cryptojacking' in Financial Sector Has Risen 269% This Year, SonicWall Says
Malicious cryptojacking hacks have surged by 269% across the financial sector in the first half of 2022. Source link
Month: July 2022
Market Analysis
Institutional Fund Flows Rise, but Crypto Markets Face Slow Recovery
Institutional investors are warming to digital asset funds again, but macroeconomic factors are keeping crypto markets under pressure in the short term. According to CoinShares’ weekly digital asset flow report published on July 25, there […]
Bitcoin
Tether Finds Stable Dollar Peg After Terra’s Collapse
In other words, tether has passed the market’s stress test, withstanding redemptions in volatile conditions and eventually reclaiming the peg. “The past two months have definitely been a stress test for stablecoins following the collapse […]
Market Analysis
Brazil’s Largest Brokerage to Let Clients Trade Crypto Beginning in August
Brazil’s largest brokerage, XP, has announced that it will open its Xtage crypto trading platform to some clients in August. To begin with, only Bitcoin and Ethereum will be available, though a total of ten […]
Regulation
Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin
“The Tesla news is indeed a bearish headline, but not completely unexpected,” Katie Talati, director of research at Arca, told CoinDesk. “According to their filings, Tesla sold their BTC reserves at about $29k over the […]
Market Analysis
Bitcoin (BTC) Attempts to Create Higher-Low At $21,000
Bitcoin (BTC) has broken down from a short-term corrective pattern but is trading inside crucial horizontal and Fib support levels. Bitcoin had been trading underneath a descending resistance line since April 5. The line caused […]
Regulation
US Senators Push Bill to Make Small Crypto Transactions Tax-Free
“This would foster use of crypto for retail payments, subscription services, and micro transactions,” said Jerry Brito, executive director of Coin Center, a crypto policy think tank in Washington. “More importantly, it would foster the […]
Market Analysis
Former Meta Employees Secure Funding for Aptos Labs Amid Web3 Startup Surge
According to a business announcement made on July 25, Aptos Labs, a web3 startup that sprang from the ashes of Meta Platforms Inc.’s failed cryptocurrency endeavors, has raised $150 million in fresh capital. The funding […]
Market Analysis
Binance CEO Changpeng Zhao Files Defamation Case Against Bloomberg Subsidiary
Binance CEO Changpeng Zhao has filed a lawsuit against a Bloomberg subsidiary for defamation. The lawsuit alleges that a published article made multiple unsubstantiated defamatory remarks. Binance CEO Changpeng Zhao has filed a lawsuit against […]
Market Analysis
DeFi Total Value Locked (TVL) Soars By More Than $10 Billion
The gradual resurrection of the crypto market has reflected positively in the overall total value locked in the decentralized finance (DeFi) sector. Total value locked (TVL) has been the basis for measuring the performance of […]