Month: June 2022

Infamous North Korean hacker group identified as suspect for $100M Harmony attack

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The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol.  According to a new report published today by blockchain analysis firm Elliptic, the manner in which Harmony’s Horizon Bridge was hacked and the way stolen digital assets were consequently laundered bears a striking resemblance to other Lazarus Group attacks. “There are strong indications that North Korea’s Lazarus Group may be responsible for this theft, based on the nature of the hack…

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin – Regulation Bitcoin News

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Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of the Russian Federation, also known as Rosfinmonitoring, is trying to unravel around 400 cases in which cryptocurrencies are involved. The agency’s director, Yury Chikhanchin, revealed the number during a meeting with President Vladimir Putin. The financial watchdog is…

Ethereum $1K price support in danger as Q2 comes to a close

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Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3. ETH price breakdown underway ETH’s price plunged nearly 5% this June 30 to $1,044 following a four-day losing streak. The ETH/USD pair has also broke below its interim rising trendline support, which in conjugation with a horizontal trendline resistance to the upside, constitutes an “ascending triangle” pattern. Ascending triangles are bearish…

Bitcoin Price Prediction: Bottoms In… Before we Crash to $9k!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Big Signs This is A Short term Bitcoin Bottom – Before we Drop to $9k! The bitcoin crash and bear market is in play! Be safe! 00:00 Intro 01:19 Bear market tips 02:26 Analyzing old BTC chart 04:22 What i did while BTC was going down? 07:15 Win 8,000,000 usdt 07:28 Profit taking levels 08:09 BTC analysis 10:36 What i’m doing 11:18 I’m having a baby? 11:49 ETH analysis 12:28 Secret Altcoin pickups 12:44 Pro tipp 12:54 Final thoughts BYBIT COMPETITION **What…

Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)? – Press release Bitcoin News

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press release PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very same amount of success despite not putting in as much work or providing as many solutions for users in the crypto space. The likes of Binance Coin (BNB) and Cardano (ADA) has long been established as two of the most influential cryptocurrencies and have…

Web3 Wallets Realize the Frontier Exploration of On-chain Addresses

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An Ethereum address is a complex 42-bit string starting with 0x. As the most basic part of the crypto infrastructure, addresses are the carriers of users’ assets, rights, and on-chain interactions. We often see people name their Twitter starting with 0x to indicate their identity as a blockchain player, which demonstrates the importance and representativeness of addresses to users on the chain. As the necessity for users to step into the on-chain world, there are more than 200 million unique addresses on the Ethereum chain alone. Over the past year,…

Binance to assist Cambodia in developing crypto regulations

Crypto exchange Binance has signed a memorandum of understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement. Binance and SERC will work together to develop crypto regulations in the country. SERC is looking to leverage Binance’s technical expertise and experience in the field to develop its own legal framework for the digital asset market. Cryptocurrencies are not regulated in Cambodia and any unlicensed activity involving these digital assets is highly prohibited. The partnership could prove pivotal for the South Asian nation where any…