Craig Wright, a computer scientist, has been found guilty of contempt of court for continuing to falsely claim he is Satoshi Nakamoto, the mysterious creator of Bitcoin. Despite a March ruling declaring he wasn’t Satoshi and ordering him to stop, Wright persisted with legal actions demanding $1.2 trillion linked to Bitcoin. He received a 12-month ...
A recent indictment in Los Angeles charges Gabriel Hay and Gavin Mayo with defrauding investors of over $22 million in cryptocurrency through a scheme known as “rug pulls.” This method involves collecting funds from investors for digital asset projects, then abandoning the projects and keeping the money. Both men face serious charges, including conspiracy to ...
Three popular npm packages, @rspack/core, @rspack/cli, and Vant, were hacked due to stolen npm tokens, resulting in the release of malicious versions that installed cryptominers. This supply chain attack, identified by researchers from Sonatype and Socket, deployed the XMRig miner to secretly mine Monero cryptocurrency on affected systems. The compromised code hid in specific JavaScript ...
Haliey Welch, known as the “Hawk Tuah Girl,” is facing legal issues linked to her involvement with the controversial HAWK meme coin. Although she is not named in the lawsuit, her participation misled many investors into believing the cryptocurrency was a registered security. The HAWK coin had a dramatic rise to a $490 million Market ...
Haliey Welch, known as the Hawk Tuah Girl, is facing legal complications related to her involvement with the HAWK meme coin. The cryptocurrency, which briefly reached a $490 million Market cap, has been sued for failing to register as a security. Although Welch isn’t named in the lawsuit, plaintiffs claim her participation misled investors into ...
The launch of spot Bitcoin exchange-traded funds (ETFs) in January significantly boosted Bitcoin’s price, leading to impressive gains this year. Now, Ethereum has joined the ETF scene, sparking speculation about which cryptocurrency might follow in 2025. Solana, XRP, and Cardano are strong contenders. Solana, ranked fifth in Market cap, is gaining attention for its speed ...
Economist Henrik Zeberg is optimistic about Bitcoin, despite a recent drop of nearly 10%. He believes the expected “Christmas rally” is still possible, predicting Bitcoin could surpass its all-time high of around $108,200. Currently trading at $101,784, Zeberg warns that after this peak, Bitcoin might see a significant decline to approximately $16,000. He also points ...
Economist Henrik Zeberg is optimistic about Bitcoin’s future, even after its recent 10% dip. He believes a “Christmas rally” is still on track and predicts Bitcoin will soar past its record high of around $108,200 to achieve a new all-time high. However, he warns that after this peak, Bitcoin could drop significantly, potentially reaching around ...
As 2024 comes to an end, Bitcoin (BTC) is showing disappointing performance compared to its usual year-end gains. Historically, Bitcoin tends to increase around 2.8% in the 51st week, but this year it is expected to drop by 11%. While it usually gains about 3% in the last week of the year, it has actually ...
The Brics nations—Brazil, Russia, India, China, and South Africa—are seeking to create a common digital currency backed by gold to reduce reliance on the US dollar. Geopolitical tensions, such as Russia’s exclusion from the Swift payment system, have pushed these countries to explore alternatives. Representing a significant share of the global economy and population, the ...
