Security

Binance Publishes BTC Proof Of Reserves to Reassure Customers Of Funds Safety

As promised by CZ, the CEO of Binance, the exchange has made public its proof of reserves for Bitcoin. On-chain reserves totaling more than 582,000 BTC—more than 1% of the entire amount of client deposits—back consumer funds. Proof Only Covers…

Kaspersky: Crypto Scammers Will Soon Move Away From Using Bitcoin

Ransomware negotiations and payments may soon rely less on Bitcoin as a form of payment, according to cybersecurity firm Kaspersky. The company with Russian roots ascribed this shift to advancements in the technology used to track Bitcoin’s movement and suppliers,…

FBI In Pursuit Of Sam Bankman-Fried As FTX Debacle Heats Up

FTX founder Sam Bankman-Fried may be extradited to the United States for questioning, according to reports from three persons with knowledge of the situation, according to Bloomberg News on Tuesday. Fears over the future of the cryptocurrency business have been…

FTX Contagion Pushes 300% Surge In Trezor Wallet Sales

Investors are gravitating toward hardware crypto wallets more and more as worries about centralized cryptocurrency exchanges grow in the aftermath of the FTX debacle. Sales Rising Each Week According to Josef Tetek, the company’s brand ambassador, Trezor, a leading hardware…

INTERPOL Expands Worldwide Law Enforcement Into the Metaverse

The details of INTERPOL’s law enforcement-specific Metaverse have been made public. Regardless of their geographical location, police enforcement professionals will be gathered under the concept for the sake of training and collaboration. Users Will Interact With Officers Via Avatars The INTERPOL…

Ripple Responds to SEC Lawsuit: “XRP is not a Security”, XRP Surges Over 35%

The Securities and Exchange Commission filed a lawsuit against the Ripple company, charging Ripple for unlawful sales of XRP. SEC considers XRP as security, charging Garlinghouse and Larsen for selling XRP units in their possession and earning over 1 billion…

UN Advises East Africa’s Largest Economy to Employ Blockchain Against Corruption

An official from the United Nations’ drugs and crime agency is advising East Africa’s largest economy Kenya, to explore Blockchain technology in its fight against corruption. According to David Robinson, the regional anti-graft advisor at the UN drug and crime…

U.S Army seeks Blockchain Experts that can Track BTC in Real Time

The US Army is seeking Blockchain experts who can track Bitcoin in real time according to a pre-solicitation notice by the United States army contracting command (ACC) of New Jersey. According to the ACC, the cryptocurrency analytics report is being…

Top Crypto Exchange Binance Suspends all Deposit & Withdrawals indefinitely after being hacked – Top Crypto News

Binance is one of the top cryptocurrency exchange in the world with traffic reaching upto 1,183,000 visits per day (up 13% in April) as per @kerooke . However after hackers stole 7000 bitcoins, Binance suspended all deposits and withdrawal without…

Binance Report $40 million Hack!

Binance is reportedly the latest casualty of a crypto heist. Binance- one of the world’s largest crypto-currency exchanges- said hackers stole 7,000 Bitcoins worth about $40 million dollars. This enormous heist according to them was carried out via a single…