Coinspeaker North Korean Hackers Stole Massive $626M in Crypto This Years, Mostly from DeFi On Thursday, December 22, South Korea’s main spy agency, the National Intelligence Service, published a new report noting that the state-sponsored North Korean hackers have stolen an estimated $1.2 billion in crypto assets since 2017. Hackers Interested in Crypto Interestingly, the […]
Dow Closes Down with December Selloff Rebound
Coinspeaker Dow Closes Down with December Selloff Rebound Following a brief break this week, the Dow Jones Industrial Average and other stocks dipped on Thursday, with a year-end selloff returning to Wall Street. This is barely a week after Coinspeaker reported about the Treasury yields rebound and setting the pace for the stock market growth. While the […]
Sam Bankman-Fried to Be Released on $250 Million Bail
Coinspeaker Sam Bankman-Fried to Be Released on $250 Million Bail Following the extradition to the United States, former FTX CEO Samuel Bankman-Fried (SBF) has been released on a $250 million bail by a New York federal Judge on Thursday. Having received tremendous support from his parent, SBF was escorted out of the US District Court […]
Peter Thiel-backed Crypto Exchange Bullish Calls of SPAC Deal with Far Peak
Coinspeaker Peter Thiel-backed Crypto Exchange Bullish Calls of SPAC Deal with Far Peak The Peter Thiel-backed crypto exchange, Bullish, has terminated the SPAC deal meant to take the company public. In a statement issued yesterday, Bullish explained that it reached a mutual agreement with Far Peak Acquisition to call off the SPAC deal. According to […]
Jetshare_JETT$: The Aviation Industry Saviour
There are quite a handful of industries that produce the world’s richest people. One such industry is the aviation industry. Entering the industry is reserved for the wealthy and powerful. This goes to confirm the mantra, “The rich keep getting richer.” The average cost of a private aircraft is out of range for the average […]
New NFT private auction scam threatens OpenSea users
Phishing sites are making the private auction feature look like a way to log in, luring victims to give up their NFTs unknowingly. As nonfungible tokens (NFTs) became more popular, bad actors who constantly try to exploit users within the space have become more active. Now, a new hack involving a feature on the NFT […]
Italy and Albania Bust €15 Million Crypto Investment Scam
Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment. Fraudsters Contacted Investors From a Call Center in Tirana, Albania Law enforcement officers in Italy […]
Former Facebook’s Gaming Head Calls Out Apple for Limiting Crypto Gaming
Coinspeaker Former Facebook’s Gaming Head Calls Out Apple for Limiting Crypto Gaming The former gaming director at Facebook, Owen O’Donoghue, is blaming Apple Inc (NASDAQ: AAPL) for the struggle crypto gaming faces in gaining traction. O’Donoghue served at Facebook’s gaming division for over 10 years and is about to roll out his crypto-based game. However, […]
HK legislator’s company will attract 1,000 Web3 startups in three years.
Hong Kong legislative council member Jonny Ng Kit-Chong created a startup accelerator to lure 1,000 Web3 enterprises to the city-state. The engineer and politician owns over 40 enterprises. Hong Kong’s government is pushing G-crypto Rocket’s hub proposal. (Read More)
How crypto could be good for CBDC and vice versa: Industry exec explains
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs. Cryptocurrencies like Bitcoin (BTC) could potentially find some mutually beneficial interactions with central bank digital currencies (CBDCs), according to one industry executive. While crypto is often associated with financial freedom, the concept of CBDC is frequently seen as […]