The cybersecurity landscape is notorious for its unpredictability, and the third quarter of 2024 exemplifies this tension. Although only 28 hacking incidents were reported, marking the lowest volume in three years, the total monetary loss of $463.6 million raises red flags. This decline in the frequency of hacks may appear promising at first glance, but
Crypto
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) made significant strides in its regulatory framework by introducing updated Anti-Money Laundering (AML) guidelines aimed specifically at virtual asset service providers (VASPs). These measures underscore Taiwan’s commitment to enhancing the oversight of the rapidly evolving cryptocurrency sector, which has garnered both enthusiasm and skepticism from investors and
The US spot Bitcoin ETFs appear to have hit a turbulent patch lately, experiencing a significant reverse from a previously explosive growth in net inflows. Last week had started on a high note, with Bitcoin ETFs enjoying a remarkable influx of over $1.1 billion in net inflows over just five trading days. This surge had
In an astonishing development within the realm of non-fungible tokens (NFTs), a CryptoPunk NFT recently sold for an extraordinary $56.3 million, generating significant media attention and provocation among crypto enthusiasts and skeptics alike. The NFT in question, known as Punk 1563, features a pixelated woman with distinctive dark hair and blue eyes. This sale price
In a dynamic day for the cryptocurrency landscape, Bitcoin has once again demonstrated its powerful presence by rallying past the $62,000 mark. This establishment above a significant psychological threshold not only signals confidence among buyers but has also paved the way for altcoin recovery. Many marginally-capitalized altcoins have capitalized on this resurgence, with one emerging
A recent survey conducted by ConsenSys and HarrisX has unveiled an unexpected yet significant relationship between U.S. voters and their attitudes towards cryptocurrency. Nearly half of those surveyed—49%—expressed that a candidate’s pro-crypto beliefs are pivotal in their voting decisions. Importantly, the desire for crypto-friendly policies isn’t confined to a single political affiliation; an impressive 62%
In the rapidly evolving landscape of Non-Fungible Tokens (NFTs), OpenSea has emerged as a major player since its inception. However, recent developments suggest that this once-prominent marketplace is now grappling with a multitude of challenges that have significantly impacted its operations. The past few months have seen a noticeable decline in user engagement on the
September 2024 has revealed a concerning trend in the cryptocurrency landscape, characterized by an alarming uptick in hacking incidents. PeckShield, a notable blockchain security firm, has dubbed this month a devastating period, marking over 20 hacking events that cumulatively siphoned approximately $120.23 million from various platforms. This figure, however, does not encompass the substantial losses
The landscape of blockchain technology has been marked by relentless innovation, yet it faces unique challenges that can stymie advancement. Among the most pressing issues is the threat posed by non-practicing entities (NPEs), commonly referred to as patent trolls. These entities hold patents primarily to enforce legal claims and extort payments from companies actually developing
Recent events in the geopolitical landscape have stirred significant volatility in the cryptocurrency market. The culmination of rising tensions, particularly following missile strikes by Iran on Israel, sent shockwaves through investor sentiment, leading to a sharp decline in Bitcoin’s value, which briefly dipped below the $60,500 mark. Despite this turbulence, Bitcoin’s underlying demand, particularly from