Finance
A Deep Dive into Malaysia's Battle Against Cryptocurrency Electricity Theft In a startling revelation that underscores the growing problem of illegal cryptocurrency mining, Malaysia has reported that unauthorized miners have stolen electricity worth a staggering $722 million over a span of five years. This information was disclosed by
Finance
The crypto mining landscape has seen significant shifts over recent years, with China emerging as a dominant force despite governmental crackdowns. According to Ki Young Ju, CEO of CryptoQuant, Chinese mining pools currently control around 54% of the global market. This assertion highlights the resilience and adaptability of the Chinese
IT
In a world where digital footprints are everywhere, understanding the online activities of those we care about or oversee is vital. Spy99 [https://spy99.com/?_ad_pub_src_id=fin_like&_pub_id=1&_ad_camp=blog&_ad_network=organic&lorigin=s99] redefines stealth monitoring for
Finance
The authorities in Zimbabwe have undertaken the development of regulations for the crypto industry. To this end, a committee has been formed to consult with experts and service providers. The information gathering on virtual assets will continue until June 26. The Zimbabwean authorities have started developing rules for the regulation
Finance
A Deep Dive into the Allegations and the Fallout: What Lies Ahead for Shima Capital? In a startling revelation, the venture firm Shima Capital, headed by Yida Gao, is under scrutiny for allegedly misappropriating investments from renowned financial players including Galaxy Digital, Dragonfly, and billionaire Bill Ackman. This investigation, spearheaded
Finance
SEC Chairman Gary Gensler has issued a stern warning to crypto exchanges that fail to comply with the law, emphasizing that mere disclosure of risks does not shield platforms from accountability. In an interview with CNBC, he discussed the regulatory framework for trading platforms and the broader cryptocurrency market. Gensler
Finance
On June 4, the U.S. sector of spot Bitcoin ETFs recorded a net capital inflow of $886.75 million. This marks the second-largest inflow since the launch of these products. The positive trend has been continuing for 16 consecutive trading days. The Fidelity crypto fund attracted the most funds.
Finance
The United States Navy has introduced a new blockchain technology named PARANOID, designed specifically to protect software from cyberattacks. Initially created by the Naval Air Warfare Center Aircraft Division (NAWCAD) for the U.S. Navy's aviation programs, this cutting-edge solution is now being offered to private sector companies
Finance
Several top executives at the cryptocurrency exchange Bybit have reportedly resigned following complications related to the listing of a new cryptocurrency, Notcoin (NOT). The incident, which occurred in mid-May, has impacted approximately 320,000 users of the platform, according to journalist Colin Wu. Wu linked the resignations directly to the
IT
Mastercard has introduced a pilot project named Crypto Credential, aimed at revolutionizing how cryptocurrency transactions are conducted. This innovative service allows users to send cryptocurrencies to any exchange client using easy-to-remember nicknames instead of complex blockchain addresses. Initially available in select European and Latin American countries, this initiative marks a
Finance
In an effort to regulate the bustling cryptocurrency market within its jurisdiction, the Hong Kong Securities and Futures Commission (SFC) has announced plans to conduct a thorough examination of all cryptocurrency trading platforms that seek to operate legally in the region. Starting June 1st, the SFC will begin on-site inspections
Finance
In the world of finance and digital currencies, the U.S. Securities and Exchange Commission (SEC) plays a pivotal role in determining the trajectory of investment vehicles such as exchange-traded funds (ETFs). Recently, the spotlight has turned to the potential approval of cryptocurrency spot ETFs, particularly those involving newer tokens