Author name: Peter

Trezor Alerts Users to Phishing Risk After Security Breach

Introduction In a recent security alert, Trezor, the company behind the popular cryptocurrency hardware wallet, announced a breach in its support ticketing system. This breach has potentially exposed the personal contact information of over 66,000 customers, raising concerns about possible phishing attacks. The Security Breach On January 17th, 2024, Trezor detected unauthorized access to a […]

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Michael Howell of Crossborder Capital: The Impact of Rising Global Liquidity

Introduction Michael Howell, the founder and CEO of Crossborder Capital, is a veteran in global finance. With over $1 billion assets under management, his London-based independent research and investment company has established itself as a prominent player in the industry. Howell's expertise lies in analyzing global liquidity trends and their impact on the market. In

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The US Commodities Regulator Takes Legal Action Against Bogus Crypto Exchange Platform

Introduction The US Commodities Futures Trading Commission (CFTC) recently announced that it has filed a civil enforcement action against Debiex, a fraudulent digital asset exchange platform. The CFTC alleges that Debiex used romance scam tactics to deceive potential investors and misappropriated $2.3 million in customer funds. This article will provide an overview of the case

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Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Endorses Bitcoin, Ripple’s XRP Removed, and More – Weekly Review

Grayscale's 4,000 Bitcoin Transfer Fuels Speculation In a recent development, it has been discovered through blockchain analytics that Grayscale's Bitcoin Trust, known as GBTC, has transferred 4,000 bitcoins with an approximate value of $175 million. This transfer has sparked speculation and raised questions about the motives behind it. Blackrock CEO Larry Fink Embraces Bitcoin Larry

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FDUSD’s Market Cap Reaches $2.6 Billion, Growing by $1 Billion in 30 Days

FDUSD Emerges as One of the Fastest-Growing Stablecoins According to recent statistics, FDUSD, a stablecoin crypto asset, has experienced significant growth in its market capitalization. Since the beginning of the year, FDUSD's market cap has increased by $1 billion. Currently, the supply of FDUSD stands at 2.614 billion, reflecting a substantial 45.7% surge in supply

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JPMorgan Warns of Bitcoin Selloff as Grayscale Sees $3 Billion Outflow

JPMorgan Analyst Predicts Looming Bitcoin Selloff Global investment bank JPMorgan has issued a warning about an anticipated outflow from Grayscale's bitcoin fund, stating that it will "exert further pressure on bitcoin prices in the coming weeks." The bank's analyst, Nikolaos Panigirtzoglou, also explained that the $3 billion influx into new spot bitcoin exchange-traded funds (ETFs)

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Morgan Stanley Warns of Potential Disruption to Currency Landscape as Crypto Gains Traction

Morgan Stanley, a leading investment bank, has raised concerns over the possibility of the U.S. dollar losing its dominant position in the global financial system. The bank highlights the increasing scrutiny on the dollar's dominance and the growing interest in digital assets, particularly bitcoin. According to Morgan Stanley, this shift in focus towards reducing reliance

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The Most Profitable Proof-of-Work Algorithms for Mining in 2024

In 2022, Bitcoin's SHA256 algorithm ranked as the seventh most profitable proof-of-work (PoW) network for mining. However, within a year and four months, it has risen to become the third most lucrative crypto network for mining operations. Significant Shifts in Crypto Mining Profitability from 2022 to 2024 As of January 2024, the ranking of the

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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy

Lone Sniper Hits $7 Million Jackpot, Trio of Traders Net $1 Million Apiece During SAVM Crypto Launch A recent report from Arkham Intelligence has revealed that the launch of the satoshivm (SAVM) token two days ago resulted in three skilled crypto traders, known as 'snipers,' earning a profit of $1 million each. The most proficient

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FTX Under New Scrutiny: Appellate Court Orders Independent Investigation

Court Mandates External Probe into FTX, Highlighting Potential Crypto Market Risks An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an investigation by an external party. This ruling points out

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