Science and technology, explained simply
Yesterday, March 28, the Southern District Court of New York ruled that Sam Bankman-Fried, the former CEO of the FTX cryptocurrency exchange, was sentenced to 25 years in prison. The decision was announced by Judge Lewis A. Kaplan, according to Engadget. According to CNN, Benkman-Fried expressed regret for his actions and the impact they had […]
The UK authorities have recently approved regulations aimed at expanding their ability to confiscate cryptocurrency assets, including bitcoin, legally involved in criminal activity. Starting April 26, the new law will give UK law enforcement agencies the power to freeze digital assets for up to 90 days without a court order if there is a suspicion […]
Cryptocurrency analysts drew attention to a little-known altcoin based on Ethereum, whose value has grown significantly. The PANDORA token showed a 13-fold increase, rising above $8,000 in a short time. The PANDORA cryptocurrency has made its investors millionaires and has grown by 23.9% over the past 24 hours. According to a report by Lookonchain, two […]
Attacking more, stealing less – this is the trend of crypto hackers from North Korea in this year’s Chainalysis report. In 2023, hackers linked to the DPRK hacked a total of 20 crypto platforms, a record level of activity over the past 7 years. Meanwhile, the total amount of stolen funds amounted to more than […]
Yesterday, the price of the main cryptocurrency fell to $39,500, which has not been the case since the first days of December last year. Then there was a rebound, as a result of which bitcoin has now returned to the $40,000 mark, and such fluctuations have occurred twice in the last few hours. This month, […]
It is expected that ETFs will facilitate the process of investing in cryptocurrencies (without directly buying and storing bitcoins). An ETF (Exchange Traded Fund) is a fund whose manager (ETF provider) collects company shares into one portfolio based on certain characteristics and sells them on the stock exchange. According to Bloomberg, the Securities and Exchange […]
On January 3, 2009, cryptocurrency creator Satoshi Nakamoto generated the first “genesis block” of 50 bitcoins. The flagship coin celebrated its 15th anniversary with a 5.1% drop in just 2 hours to $42.6 thousand. Bitcoin lost 7% of its annual high of $45,922. ETH, a coin linked to the ethereum blockchain network, fell by 6.54% […]
The value of the most popular cryptocurrency has exceeded $45 thousand for the first time since April 2022 amid optimism about the possible approval of exchange-traded spot bitcoin funds. In 2023, bitcoin rose by 156%. This was reported by Reuters. The excitement around bitcoin is related to investors’ optimism that the US Securities and Exchange […]
Along with a “cautious” forecast of the crypto industry for the next year, JP Morgan predicted that Ethereum (ETH) will surpass Bitcoin (BTC) in 2024. Moreover, they made this prediction despite the upcoming halving event, which will reduce the number of bitcoin tokens in circulation. JP Morgan emphasized that “excessive optimism” could play against bitcoin […]
For the first time this year, bitcoin has surpassed the $40,000 mark on the back of general enthusiasm for lower interest rates in the US, and traders expect bitcoin funds to be approved soon. This was reported by Reuters. On Sunday, December 3, the value of bitcoin reached $40,210, the highest since April 2022. On […]