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Hackers Target Ledger’s Discord Server with Phishing Attack that Extracts User’s Seed Phrases

Hackers Target Ledger’s Discord Server with Phishing Attack that Extracts User’s Seed Phrases

The Discord server for Ledger, a crypto wallet provider, suffered a security breach with an intruder compromising the moderator’s account, posting scam links, and promoting a third-party website that asked visitors for their crypto seed phrases. Quintin Boatwright, a Ledger spokesperson, said that a…

Bitcoin Pops Above $103,000 As Standard Chartered Analyst Calls $120,000 Q2 Target ‘Too Low’

Bitcoin Pops Above $103,000 As Standard Chartered Analyst Calls $120,000 Q2 Target ‘Too Low’

The price of Bitcoin (BTC) crossed the psychologically important trading level of $100,000 on Thursday for the first time since February, reflecting renewed bullish sentiment among investors as the U.S. gears up for trade talks with China and prepares to make a trade deal with the UK.BTC Retakes $10…

Australian Regulator AUSTRAC Warns Inactive Digital Currency Exchanges (DCEs) to be Delist or Face Removal

Australian Regulator AUSTRAC Warns Inactive Digital Currency Exchanges (DCEs) to be Delist or Face Removal

The Australian government is cracking down on dormant crypto exchanges, asking inactive exchanges to delist, to crack down on crypto scams and money laundering, because scammers could exploit dormant listings. The Australian regulator responsible for such oversight is the Australian Transaction Repo…

Bitcoin’s Institutional Adoption Surges While Price Stalls Below $100,000

Bitcoin’s Institutional Adoption Surges While Price Stalls Below $100,000

Bitcoin closed April on a bullish note in many aspects, but the leading cryptocurrency has yet to embark on a highly anticipated long-term price rally that could send the asset to previously unseen levels. However, a closer look at key market trends reveals that demand for the asset still favors man…

SEC Drops Case Against Nova Labs, Allowing Helium to Develop WiFi Decentralized Hotspots as Non-Securities

SEC Drops Case Against Nova Labs, Allowing Helium to Develop WiFi Decentralized Hotspots as Non-Securities

The SEC has dropped its claims against Nova Labs, creator of the crypto project Helium, arguing that their tokens, including HNT, MOBILE, and IOT, are not considered securities. This also means that the Helium WiFi Hotspots are not considered securities. Helium can now continue developing WiFi infra…

Australian Government Tests Blockchain for Age Verification and Social Media Restriction

Australian Government Tests Blockchain for Age Verification and Social Media Restriction

ShareRing, a Melbourne-based blockchain company, has been approved by the Australian government to roll out an age verification chain as part of a plan to restrict social media access for younger persons. ShareRing will create a pilot version of the blockchain with school students from Darwin, North…

Rich Dad Poor Dad Author Addresses Market Crash, Points to Bitcoin as Promising Hedge

Rich Dad Poor Dad Author Addresses Market Crash, Points to Bitcoin as Promising Hedge

Most notable for his book “Rich Dad Poor Dad”, Robert Kiyosaki, an investor and educator in the finance industry, has taken to X, formerly Twitter, to share his thoughts on the current state of the market.Referencing his self-published book, a New York Times bestseller, Kiyosaki points to his genera…

Hacker Steals $70 Million from UPCX, Targets Developer Wallet Using Smart Contract

Hacker Steals $70 Million from UPCX, Targets Developer Wallet Using Smart Contract

UPCX, a Web3 payment service, suffered a serious hack and lost $70 million in UPC tokens when an unauthorized user accessed the tokens from a smart contract. The developers became aware of the hack when they noticed multiple suspicious transactions exiting their project wallets.The hacker first acce…

South Korea Seeks to Block Exchanges, Including BitMEX For Not Registering as a Virtual Asset Provider

South Korea Seeks to Block Exchanges, Including BitMEX For Not Registering as a Virtual Asset Provider

South Korea’s Financial Intelligence Unit (FIU) is considering sanctions against crypto exchanges for not following the rules. South Korea requires businesses operating an exchange to report their work to the appropriate regulator. Under South Korea’s Financial Information Act, exchanges must self-r…

SEC Declares Proof-of-Work Mining Exempt from Securities Laws, Describes Mining as an Administrative Task

SEC Declares Proof-of-Work Mining Exempt from Securities Laws, Describes Mining as an Administrative Task

The U.S. Securities and Exchange Commission (SEC) announced, under new management, that proof-of-work mining is not subject to securities laws, and thus, crypto miners don’t have to report their activities to the SEC.The SEC clarified its stance on mining, pointing out that the scope of its statemen…

Australia Introduces New Crypto Regulation to Address ‘Debanking’ as the Country Faces Possible Recession

Australia Introduces New Crypto Regulation to Address ‘Debanking’ as the Country Faces Possible Recession

Just months out from a federal election, the Australian Government has announced a new crypto regulation, aiming to provide more certainty for crypto traders while providing some freedom for blockchain innovators. Larger crypto platforms must apply for a financial services license, while smaller pla…

Microsoft Discovers Remote Access Trojan (RAT) That Targets Crypto Wallets like Coinbase, Metamask

Microsoft Discovers Remote Access Trojan (RAT) That Targets Crypto Wallets like Coinbase, Metamask

Microsoft Incident Response analysts discovered a new Remote Access Trojan (RAT) named StilachiRAT. The malware steals sensitive credentials and targets cryptocurrency wallets. It is particularly skilled at avoiding detection and has various features, including advanced persistence capabilities and …