Day: February 22, 2023

BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB

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The United States equities markets saw their worst performance of 2023 as concerned investors dumped stocks on Feb. 21, fearing continued rate hikes by the U.S. Federal Reserve. Although the cryptocurrency markets also gave back some of the gains, the fall was comparatively muted. UTXO Management senior analyst Dylan LeClair said that Bitcoin’s (BTC) correlation to the S&P 500 index has fallen to the lowest since late 2021. After the sharp recovery from the lows, Glassnode data showed that only 21% of the coins sent by Long-Term Holders to exchanges…

Coinbase discloses recent cyberattack targeting employees

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Crypto exchange Coinbase experienced a cybersecurity attack targeting its employees on Feb. 5. The attack came through SMS scams and involved impersonations of IT staff, according to a recent report from the company’s engineering team. No customers’ funds or information were impacted, the firm said. As per the report, on a late Sunday several Coinbase employees received SMS messages requiring them to urgently log in via the link provided to access an important message. Acting in a good faith, one employee followed the exploiter’ instructions: “While the majority ignore this unprompted…

Nodle’s Smartphone-Powered Blockchain Network | Blockchain News

It’s possible that smartphones could become an essential component of blockchain networks, which will enable communication between smart devices in the Internet of Things (IoT) sector of the economy. The company Nodle is the brains behind a connectivity platform that offers customers financial incentives to participate as nodes in an internet of things (IoT) network. The network makes use of Bluetooth connection to rent the computational power, storage space, and Bluetooth capabilities of devices in order to expand the footprint of IoT networks. This is accomplished by taking advantage of…

FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto

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The United States Federal Trade Commission, or FTC, said it had started an investigation of crypto lending firm Voyager Digital parallel to the company’s bankruptcy proceedings. In a Feb. 22 filing in U.S. Bankruptcy Court for the Southern District of New York, the FTC said it was investigating Voyager and its employees “for their deceptive and unfair marketing of cryptocurrency to the public”. The announcement followed Bankruptcy Judge Michael Wiles initially approving of a plan in which Voyager debtors would sell the firm’s assets to Binance.US for more than $1…

Bitcoin Soars Over $25K, MEXC (MX) Rockets To All-Time High in 2023 – Press release Bitcoin News

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press release PRESS RELEASE. With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, the trading volume for top exchanges has significantly increased. As one of the leading exchanges, MEXC announced that its futures business made a significant breakthrough, with an average daily trading volume growth of 1200%. KEY FACTS BTC…