FBI to shutdown Hive Ransomware Network
The cybercrime group targeted infrastructure and persons of interest, encrypting their data and demanding cryptocurrency in exchange for decryption.The FBI announced the takedown of Hive, a ransomware network with members…
Ripple Now have A New President ‘Monica Long’
The firm announced the elevation of previous executive Monica Long to the position of President.She initially started working at Ripple when there were just ten people on staff.A new President…
Central Bank Governor of Ireland Proposes Ban on Crypto Ads.
Makhlouf allegedly urged banning cryptocurrency advertising to minors.The Central Bank of Ireland published a consumer advisory in March 2022.Some governing bodies throughout the globe are planning to implement regulations on…
Former FTX CEO SBF Urges Court For Access to Crypto Assets.
Bankman-Fried resigned as CEO of FTX on November 11th, 2022. Mark Cohen, Bankman-Fried’s attorney wrote a letter to the court on January 28.A surprising development in the current FTX fraud…
U.S Federal Reserve Rejects Custodia Bank’s Membership Application.
Custodia, formerly known as Avanti Bank has been waiting almost 18 months.The Wyoming-based bank sued the Federal Reserve in June 2022.Custodia Bank’s application for membership in the Federal Reserve System…
NBA and Meta Extend Partnership to Stream Games in Metaverse.
Meta’s consumer headgear, the Meta Quest 2, will be utilized to broadcast the games.Horizon Worlds, Meta’s main metaverse app, will host 52 games for fans of the league.The National Basketball…
Binance to Briefly Pause Tron Deposits Amid Wallet Maintenance.
On January 30, 2023, at 6:00 a.m. (UTC) it would execute wallet maintenance.Wallet upkeep will not impact one’s ability to withdraw TRX from the Tron network.Binance, a prominent cryptocurrency exchange,…
ChatGPT Predicts How Bitcoin Will destroy Fiat Currency.
According to ChatGPT, “decentralised digital currencies” could be one way to end central banking.Parman advised the bot that DeFi is a “marketing term for what is actually centralised finance to…
White House Issued the Administration’s Roadmap on Crypto Risks.
White House has issued an administration roadmap to reduce the risks related to cryptocurrency. Biden Administration will develop a cryptocurrency legal framework in the coming months. The year 2022 has…
New York State Senate move For Crypto Payments in State Entities.
State agencies would be free to sign agreements with people to offer acceptance.Clyde Vanel, a Democrat in the Assembly, proposed the bill.The goal of a new measure proposed in the…