Over the last five years, Bitcoin’s (BTC) price growth has surpassed Tesla’s (TSLA) stock increase in terms of percentage points. If Tesla had held onto their Bitcoins instead of selling them in 2022, they could have earned an additional $1.27 billion in profit. BTC overtakes TSLA in long-term gains In the last five years, Bitcoin’s … Read more
Tether, the issuer of USDT, announced it will prevent transactions from sanctioned entities’ associated addresses at their request, according to reports suggesting Venezuela’s state oil company used USDT for sanctions evasion. A representative from Tether assured CryptoMoon that the organization continues to prevent transactions with entities subject to sanctions by the Office of Foreign Assets … Read more
The story of El Salvador’s government-run Bitcoin (BTC) wallet, Chivo, keeps developing as hackers reveal additional confidential details about the digital wallet. On April 23, a portion of the coding used by the cyber intelligence hacking collective called CiberInteligenciaSV was made public on the illicit hacking platform BreachForums. “This time, I’m sharing with you the … Read more
When cryptocurrency users unfortunately misplace their private keys or fall victim to fraudulent schemes, they often find themselves unable to retrieve their digital assets. In the majority of situations, this crypto is considered irretrievable. However, a team composed of a father and son based in New Hampshire asserts that there’s always a chance for recovery. … Read more
DAO Maker, a distinct crypto platform from MakerDAO for fundraising, aims to collect hundreds of thousands of dollars in 2024 to support new Web3 projects. Regrettably, those affected by the August 2021 cyberattack allege that they have not been recompensed for their losses despite assurances from the development team that they would be made whole … Read more
Venture capitalists who prioritize profits over the long term can negatively impact the stability and pricing of newly introduced cryptocurrencies. According to well-known crypto analyst Route 2 FI, posted on April 22 in their Substack, venture capitalists (VCs) introduce considerable selling pressure when they invest in altcoins, which can negatively impact the token’s price trend … Read more