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Individual Crypto Hacks Done by Using Malware from Darknet: Chainalysis

Over the last few years, hackers have been actively stealing smaller amounts of cryptocurrency from individual users using malware available on the internet or darknet, Chainalysis reported. For individual hacking users, hackers use malware strains available on the darknet mainly to take a “spray-and-pray” approach which allows them to spam millions of potential victims and steal smaller

BlockFills raises $37 million to support global expansion

BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round. Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its inception in 2018, the firm has received a total of

ESMA vice-chairman calls for ban on proof-of-work crypto mining

In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining cryptocurrency.  Thèedeen further stated that extensive usage of the proof-of-work mining model poses serious harm to the environment and should be banned to promote a sustainable

How to pick the best staking coins for passive income

What is crypto staking? Crypto staking involves locking up one’s cryptocurrency holdings to earn interest or rewards. Technically, “staking” is how certain blockchain networks verify transactions. From an investor’s perspective, staking cryptocurrency is a way of growing one’s crypto holdings without needing to buy more. Staking crypto for maximum passive income is a legitimate way

Ethereum Stays Steady Above $3,000 Based on Heightened Social Engagement

Over the past ten days, Ethereum (ETH) has pitched camp above the psychological price of $3,000 since it nosedived below this level on January 10.  The second-largest cryptocurrency based on market capitalization was up 1.63% in the last 24 hours to hit $3,125 during intraday trading.  Ethereum has gained momentum based on increased social engagement,

Crypto.com shares details on security breach: 483 accounts compromised

The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting “suspicious activities” in user accounts. In a statement today, Crypto.com revealed that “4,836.26 ETH, 443.93 BTC and approximately US$66,200 in other currencies” had been taken from clients’ accounts without their permission. The overall

NFT platform Autograph Raises $170M in Series B funding, Co-led by a16z and Kleiner Perkins

Autograph, an NFT platform focused on investing in sports, entertainment, and culture founded by Super Bowl champion Tom Brady, has raised $170 million in Series B funding co-led by a16z and Kleiner Perkins.   Per the announcement on Wednesday, Autograph said the financing will use the funds to expand the power of Web3 creation and bring NFT technology

Ethereum (ETH), Solana (SOL) and Polygon (MATIC) Will Be Explosive in 2022, According to Altcoin Daily – Here’s Why

Crypto analyst Aaron Arnold thinks Ethereum (ETH), Solana (SOL) and three other altcoins will be “explosive” this year. The co-host of Altcoin Daily tells his 1.2 million YouTube subscribers that surging interest in non-fungible tokens (NFTs) and decentralized finance (DeFi) is driving his bullishness on a handful of crypto assets. “[I’m] talking about quality L1s

Google New Team to Shape Blockchain Venture

Google’s venture into the blockchain and related technologies is beginning to take shape with the formation of a dedicated group under an engineering vice president who has spent more than a decade working for the company. According to Bloomberg News, Google’s Shivakumar Venkataraman now runs a team focused on “blockchain and other next-gen distributed computing