Category: CryptoX News

Exploring crypto’s most notorious dark web cybercrime forum

We gained access to BreachForums, a closed online forum with a thriving cybercrime community, to get a sense of the products and services being sold on the digital black market of the dark web. Here’s what we found. This article is written for educational purposes, and doesn’t encourage the use of the darkweb. What is the dark web? As a quick bit of background information, let’s clarify what we mean by the dark web and cybercrime forums. The dark web is a hidden part of the internet, accessible only through…

Major Swiss Bank Expands Crypto Offerings With Ethereum Staking

Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer […] Source CryptoX Portal

Crypto.com Pledges $1 Million to Aid Los Angeles Wildfire Relief Efforts

The donation will aid current relief efforts by Los Angeles firefighters while equipping them for potential future emergencies. $1 Million Donation to Support Los Angeles Wildfire Response Crypto.com has announced a donation of $1 million to support the Los Angeles wildfire relief efforts. The donation is intended to help provide Los Angeles firefighters and first […] Source CryptoX Portal

XRP Market Analysis: Resistance at $3.40 Poses a Crucial Test for Bullish Momentum

XRP currently trades at $3.25, with a commanding market capitalization of $186 billion and a 24-hour trading volume of $18.96 billion. The intraday price range, spanning $3.19 to $3.40, showcases notable market activity within this bandwidth. XRP On the hourly chart, XRP reveals a transient consolidation phase, with prices fluctuating near the $3.20 level. Subdued […] Source CryptoX Portal

Bitcoin Buzzes With Anticipation Before Trump’s Inauguration

By Omkar Godbole (All times ET unless indicated otherwise) The crypto world is buzzing as President-elect Donald Trump’s inauguration nears. Bitcoin is holding above $100,000 and altcoins like SOL, ADA, LINK, XRP and LTC are shining as it’s not just about a potential strategic bitcoin reserve anymore. Reports suggest Trump could announce crypto as a policy priority. Things are heating up for ether too. A blockchain address associated with Trump’s World Liberty Finance (WLF) project snapped up nearly $10 million of ETH this week, according to Arkham Intelligence. And keep…

Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round

Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $3 billion valuation after raising $150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund influx, accelerating crypto adoption […] Source CryptoX Portal

XRP Trading Volume Overtakes Bitcoin (BTC) on Coinbase as U.S. Investor Interest Grows

XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the Nasdaq-listed cryptocurrency exchange that’s seen as a proxy for U.S. demand. Bitcoin retained its position as most-traded crypto asset on Binance, the largest exchange by volume, which is off-limits to U.S. investors. Volume trends are consistent with the recovery in the U.S. demand for XRP, which is closely linked to blockchain-based payment network Ripple, as presaged by the Coinbase premium indicator a week ago. Interest in XRP, the biggest gainer…

US Lawmaker’s New Role Could Skyrocket America’s Digital Assets Sector

Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The […] Source CryptoX Portal

Bitcoin’s (BTC) ‘Coinbase Premium’ Muted Amid Reports Trump Plans to Designate Crypto a National Policy

Stars cannot align more positively for crypto in the U.S., the world’s largest economy, if the latest media reports are anything to go by. Still, one key indicator shows a lack of excitement among U.S. investors. Late Thursday, Bloomberg reported that President-elect Donald Trump will likely issue an executive order announcing crypto as a national imperative or priority with a voice in his administration. Trump could also announce the creation of a crypto advisory that will advocate the digital asset industry’s policy goals. The report comes amid heightened expectations that Trump…

Namibia Flips the Script: Central Bank Grants Provisional Approval to Crypto Firms

On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization First Step in Two-Step Licensing Process The Namibian central bank announced on Jan. 13 that it had granted provisional authorization to two entities to operate […] Source CryptoX Portal