With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard […]
CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]
Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead
Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably short-lived, lasting only 11 days, due to his controversial remarks and conflicts within the administration. […]
Study: Gen Z Prefers Digital Assets in Uncertain Times; Gold Remains Popular
While investors generally prefer physical assets to digital ones, the findings of a new study indicate an overwhelming majority of Gen Zers are “more likely than other generations” to trust digital assets in uncertain times. The survey also found that 89% of gold investors consider it a long-term investment with nearly half of the respondents […]
North Korea-Affiliated Hackers Stole $600 Million in 2023 — Ten Times More Damaging Than Anyone Else
North Korea-affiliated hackers stole digital assets worth $ 600 million in the past year. According to a TRM Labs report, this figure will likely rise to $ 700 million if additional attacks which occurred at the tail end of the year are traced to the same hackers. North Korea and its affiliates reportedly …