The US Securities and Exchange Commission is looking to drop its unregistered securities lawsuit against blockchain firm Dragonchain in the agency’s latest crypto-related backdown. In a joint stipulation filed with Dragonchain on April 24 in a Seattle federal court, the SEC said it “believes the dismissal of this case is appropriate,” citing the work of…
A subgroup of the North Korea-linked hacker organization Lazarus set up three shell companies, two in the United States, to deliver malware to unsuspecting users. The three sham crypto consulting firms — BlockNovas, Angeloper Agency and SoftGlide — are being used by the North Korean hacker group Contagious Interview to distribute malware through fake job…
Key Takeaways Bitcoin Standard author Saifedean Ammous says that even if one entity owned a huge amount of Bitcoin, it wouldn’t hurt the protocol Ammous reiterated major companies like BlackRock and Strategy don’t own the Bitcoin they hold since it belongs to the investors Ammous said if these companies ever abused their position, people would…
Crypto majors were little changed over the past 24 hours as markets settled from a rally, and then profit-taking from earlier in the week. Bitcoin (BTC) traded above $93,000 in Asian morning hours Friday, with traders pointing to increased optimism of short-term gains. “With BTC holding firmly above $90K, sentiment is becoming increasingly optimistic,” QCP…
Arbitrum (ARB) was set to make a splash. The Layer 2 network, home to a growing number of decentralized AI platforms, was preparing to announce a milestone: it had been named Nvidia’s exclusive Ethereum partner for the chipmaker’s new Ignition AI Accelerator, an offshoot of its Inception program that supports promising AI startups with infrastructure…
Key takeaways: Bitcoin trades within a narrowing range between $91,000 and $94,500 over the last three days. A rare divergence between rising open interest and negative funding rates could set up a short squeeze. BTC price must establish $95,000 as new support to continue the uptrend. Bitcoin (BTC) price has been consolidating within a tight…
North Korean hackers posing as American tech entrepreneurs quietly registered companies in New York and New Mexico as part of a campaign to compromise developers in the crypto industry, security firm Silent Push said Thursday. Two businesses, Blocknovas and Softglide, were created using fictitious identities and addresses. The operation is tied to a subgroup within…
More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently violating its terms of service. “This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service. Please visit cfl.re/tos to learn more,” the…
STX, the native token of Bitcoin layer-2 protocol Stacks, has surged 56% in seven days to become the week’s best-performing of the 100 biggest cryptocurrencies amid hopes for institutional adoption. The token hit a two-month high of 92 cents on Friday after gaining more than 21% in the past 24 hours to become the day’s…
The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits, following strong opposition from residents. According to local reports, the decision came after weeks of community pushback, where citizens voiced concerns over potential noise pollution, increased energy consumption and the overall environmental impact associated with…
