Hackers took control of a Belgian Minister’s Twitter account on the night of 10 February; however, the fact that the account’s name was changed to ‘Ethereum Foundation’ seemed to have made news in the crypto space. The account belongs to Tinne Van der Straeten who is Belgium’s Federal Minister for Energy. The incident occurred justContinue reading “‘Ethereum’ scammer hacks Belgian minister’s twitter account”

In a new addition to its perpetual contracts, Bitfinex made news today with the launch of its new contracts for cryptocurrencies paired with Bitcoin such as Litecoin/Bitcoin (LTCF0:BTCF0) and Polkadot/Bitcoin (DOTF0:BTCF0). According to the Bitfinex website, transactions in the perpetual contract and funding payments will be settled exclusively using Bitcoin, as it is typically doneContinue reading “Bitfinex launches perpetual contracts for Litecoin/Bitcoin and Polkadot/Bitcoin”

European Union Agency for Law Enforcement Cooperation, better known as Europol arrested a criminal gang who hacked more than $100 million in cryptocurrencies by illegally gaining access to the phones of famous people. The criminals are believed to have hijacked phone numbers through ‘SIM swapping’ which allowed them to gain access to the victims’ mobileContinue reading “Europol arrests hackers that stole $100 million in crypto through SIM-swapping”

In a recent interview with CNBC Squawk Box Michael Sonnenshein, CEO at Grayscale Investments addressed Tesla’s recent Bitcoin investment that fuelled a fresh BTC rally. According to Sonnenshein, institutional investors seem to recognize that they don’t need to invest in Bitcoin “all at once.” So you’re seeing corporations think about anywhere from, on the lowContinue reading “Grayscale CEO predicts race to grab Bitcoin even as Twitter CFO considers Bitcoin investment”

A Wisconsin resident has been charged for allegedly using a dark web site to plan a murder that required payment in Bitcoin. Local reports found that the resident in question is a 37-year-old woman named Kelly Harper from Columbus, with authorities having charged her in the Western District of Wisconsin.  Federal law enforcement alleged thatContinue reading “Wisconsin woman who paid in Bitcoin to hire a murderer on dark web charged”

Yearn.Finance team has opened a Maker vault with native tokens YFI from the treasury. The team said on 9 February on Twitter that Yearn has also minted 9.7 million DAI tokens from the vault, thus restoring the yDAI vault and allowing the DeFi project to repay victims.  In the wake of Yearn.finance’s recent hack, projectContinue reading “Yearn.Finance repays victims of $11M hack from its newly expanded treasury”

Chairman of French regulator Autorité des Marchés Financiers has proposed that authorities must find a new approach to crypto regulations in order to guarantee a level playing field in the EU. During the 5th Annual Conference on FinTech and Regulation, the official, Robert Ophèle believed that European Securities and Markets Authority (ESMA) would be theContinue reading “French regulator seeks changes in EU’s supervision of crypto sector”

After Elon Musk’s Tesla decided to invest $1.5 billion into the digital asset, Bitcoin’s registered a new high above $44,000. Perhaps Tesla’s investment policy could further the asset’s narrative as an institutional product. Analysts suggest that tech giant Apple should follow Tesla’s path into Bitcoin.   The publicly traded US firm worth more than $2 trillionContinue reading “Tesla, Bitcoin effect: Would Apple benefit by jumping on the crypto bandwagon?”

According to a document dated 4 February, Binance Holdings Limited issued a notice of its “voluntary dismissal” of the suit against Forbes and the journalists, Michael del Castillo and Jason Brett. Last year in November, the leading crypto exchange filed a defamation suit against media company Forbes Media LLC at a District Court in NewContinue reading “Binance drops lawsuit against Forbes’ journalists over ‘TaiChi’ story”

After purchasing 16,244 BTC ($607 million at the time) on 18 January, Grayscale remains as one of the biggest institutional buyers in the Bitcoin market. On 15 January another update from the firm stated that Grayscale’s total assets under management were $27.1 billion in crypto.  Charles Edwards, founder of Capriole investments put forward that GrayscaleContinue reading “Grayscale acquires 1.5 times of total Bitcoin mined in January”

Bitwise filed for a new exchange-traded fund tracking the performance of crypto innovators. It plans to launch a “crypto innovators exchange-traded fund”, which seeks to provide investment results that correspond to the performance of companies on the ‘Bitwise Crypto Innovators Index.’ According to a 5 February filing with US Securities and Exchange Commission (SEC), BitwiseContinue reading “Bitwise seeks to launch ETF to track performance of ‘crypto innovators’”

As of last week, Ethereum’s native crypto surprised the market as it reached another all-time high above $1,700, on 5 February. Following this, many in the crypto space began to think that the asset could become more established. Especially with the expected launch of ether futures contracts from CME.  Even though the second-biggest cryptocurrency byContinue reading “Gemini’s Cameron Winklevoss says Ethereum is ‘undervalued’; shows support for DeFi”