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Crypto
Bitcoin clings to $23.5K as trader says BTC ‘identical’ to 2020 breakout
Bitcoin (BTC) circled $23,500 on Feb. 4 as bulls refused to give up support in out-of-hours trading.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price conjures 2020 memoriesData from Cointelegraph Markets Pro and…
How to protect against crime in the metaverse
By taking advantage of flaws in virtual systems and user behavior, such as malware infections, phishing scams and illegal access to personal and financial information, cybercriminals prey on the metaverse. Cybercriminals may target the…
Tax strategies allow crypto investors to offset losses
2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022. Detrimental losses such as these are often concerning for crypto…
Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back
After a historically-bad year for bitcoin mining, public companies that fell into penny stock status surged back in January following a strong bitcoin rally.2022 was arguably the worst year on record for bitcoin mining. Every market…
Value of WisdomTree’s crypto holdings fell 61.9% in Q4
United States fund manager WisdomTree saw the value of its digital asset holdings decline sharply in the fourth quarter, reflecting the prolonged bear market in Bitcoin (BTC) and other cryptocurrencies. WisdomTree’s cryptocurrency funds…
US Congress to hold ‘crypto crash’ hearing on Feb. 14
United States lawmakers with the Senate Banking Committee have scheduled a second hearing exploring the impact of a crypto market crash.In a Feb. 3 announcement, Senate Banking Committee Chair Sherrod Brown said senators would convene on…
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the island country. However, a key Sri…
The world must take a ‘collective action’ approach to regulations – India’s Finance…
India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country, it requires an international effort, in a recent television interview.Speaking to Rahul Joshi on CNBC-TV18 in India on Feb. 3,…
YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.We just tricked Dillon Danis into…
Little Shapes was a ‘social experiment’ to expose NFT botnets: founder
Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter.Since late December, Little Shapes had been…