The cryptocurrency market experienced a whirlwind of activity following a false tweet from the official Securities and Exchange Commission (SEC) account, which led to a rapid surge and subsequent drop in Bitcoin’s price. This market manipulation, resulting from a security breach, has reportedly caused significant financial damage, with estimated losses running into millions. On January […]
In a year marked by significant digital threats, North Korean cybercriminals continued their notorious streak of cryptocurrency heists, siphoning off a staggering $600 million from various platforms. The year 2023 saw these state-sponsored hackers, including the infamous Lazarus Group, execute sophisticated cyber operations, which, although representing a decrease from 2022’s $850 million haul, underscored the […]
Tether is once again a controversial topic. Simply put Tether (USDT) is not a stablecoin. Tether is marketed as a stablecoin that is designed to be pegged to the US dollar at a ratio of 1:1. Yet the value of Tether at times has been below the 1:1 pair as claimed by Tether limited, the […]
The case against Thodex, the cryptocurrency money exchange that has harmed thousands of users, is now being heard. Twenty-one individuals, including the fugitive CEO of the business, Faruk Fatih Ozer, are on trial in this case. It is a trial for 21 of them, including Faruk Fatih Ozer, the company’s CEO who is wanted for […]
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