Crypto

Source: Coin Tegraph Michael Novogratz’s crypto investment firm Galaxy Digital has agreed to pay $200 million in a settlement related to its alleged promotion of the now-collapsed cryptocurrency Terra (LUNA) According to New York Attorney General’s office documents filed on March 24, Galaxy Digital acquired 18.5 million LUNA tokens at a 30% discount while promoting…

Source: Coin Tegraph Opinion by: Jimmy Su, Binance chief security officer The threat of InfoStealer malware is on the rise, targeting people and organizations across digital finance and far beyond. InfoStealers are a category of malware designed to extract sensitive data from infected devices without the victim’s knowledge. This includes passwords, session cookies, crypto wallet…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trading below the key $90,000 level after failing to break above crucial supply and losing its grip on important demand zones. The recent bullish speculation has quickly faded as selling pressure returns, sparking a wave of panic across…

Source: Coin Tegraph North Korea-affiliated hackers may have scaled back their operations in the second half of 2024 while preparing for what became the largest crypto hack in history. The crypto industry was rocked by the enormous hack on Feb. 21 when Bybit lost over $1.4 billion to the infamous North Korean Lazarus Group, which…

Source: Coin Tegraph LY Corporation denied that its Web3 venture, Line Next, had entered into a business partnership with Soneium, a Sony-backed Ethereum layer-2 network. The statement, issued on March 28, followed media reports and social media coverage that suggested a partnership had been finalized between LY and Soneium. “These reports were based on an…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Bernie Moreno wants the United States to start buying Bitcoin. He thinks the country needs a big pile of it, like a reserve. He spoke at a gathering on March 26, the Digital Chamber Blockchain Summit. He said the…

Source: Coin Tegraph Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics has produced a “bearish divergence.” In a social media discussion on March 27, Bitcoin commentators flagged troubling signals from the Capriole Investments’ Bitcoin Macro Index. Bitcoin Macro Index slump “not great,” says creator As BTC/USD…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brazil’s Vice President Geraldo Alckmin’s (PSB) chief of staff, Pedro Giocondo Guerra, underscored on Wednesday the importance of establishing a national strategic Bitcoin reserve. Guerra was speaking at the swearing-in ceremony of the new president of the FPBC (Parliamentary Front…

Source: Coin Tegraph Influencer Logan Paul should be allowed to continue a lawsuit accusing the YouTuber known as “Coffeezilla” of making defamatory remarks about Paul’s failed CryptoZoo project, a Texas magistrate judge said. In a March 26 report filed in a San Antonio federal court, Magistrate Judge Henry Bemporad recommended that federal Judge Orlando Garcia,…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A recent survey by crypto investment platform Bitpanda has revealed a widening gap between investor interest in cryptocurrencies and the services currently offered by European financial institutions. The study, which polled 10,000 retail and business investors across 13 European countries,…