Author: Crypto News

Last updated: May 13, 2024 02:28 EDT | 1 min read North Korea’s notorious Kimsuky hacking group, also known as APT43, has been reportedly launching cyberattacks on two South Korean crypto firms using a previously undocumented Golang-based malware named – Durian.Per findings from cybersecurity solutions giant Kaspersky, Durian is characterized by its “comprehensive backdoor functionality.” This feature enables the execution of delivered commands, additional file downloads and exfiltration of files.The attacks reportedly took place between August and November 2023, involving a South Korean software exploit to gain initial access.“Based on our telemetry, we pinpointed two victims within the South Korean…

Last updated: May 13, 2024 01:07 EDT | 1 min read “Shark Tank” investor Mark Cuban advocated for the Commodities and Futures Trading Commission (CFTC) to oversee all cryptocurrencies. He was responding to Republican presidential candidate Donald Trump’s crypto endorsement on social media, urging the US to stop hindering its development.“If Joe Biden loses, there is a good chance you will be able to thank Gary Gensler and the SEC,” Cuban wrote on X on Saturday. “Crypto is a mainstay with younger and independent voters.”Further, Mark Cuban accused SEC Chair Gensler of failing to protect investors from fraud. He argued…

Traditional cryptocurrency mining methods often require expensive computers and consume large amounts of electricity, which also makes maintenance and profitability difficult.Beginners may prefer cloud-based software that does not require mining equipment and programs designed for more basic CPU and GPU mining.They may also prefer software with low withdrawal requirements, as it may take a long time to mine enough Bitcoins to make it worthwhile to use mining software with high limits.Who are the simple miners?Simpleminers are the world’s top Bitcoin miners. Founded in June 2019, it is headquartered in London, UK. It has more than 1.5 million members worldwide. The…

Cryptocurrency and blockchain technology continues to grow at an increase pace, offering innovative solutions across various industries. One area where this cutting-edge technology is now making waves is in the aspect of  philanthropy. Chimpzee, a pioneering crypto project, has introduced NFT Passports that are revolutionizing the way individuals can engage in charitable giving and contribute to social and environmental causes.Chimpzee: A Pioneering Platform for Crypto GivingChimpzee is a unique platform that not only allows its users to earn income but also empowers them to make a positive impact on the environment. By integrating blockchain technology and non-fungible tokens (NFTs), the…

Last updated: May 12, 2024 19:30 EDT | 3 min read Russian energy firms are preparing to “hunt down” private crypto miners and crack down on people mining cryptoassets at home, a report claimed on May 12.The media outlet Izvestia said the Russian Government Expert Council was preparing to send fresh mining-related proposals to the Cabinet.Lawmakers want to bundle the proposed measures in a new package of crypto laws. These laws also aim to legalize industrial crypto mining and ban most domestic exchanges. ⚡️ Russian Government Crypto Chief: Mining Regulation Is Our Priority The Russian government’s crypto working group chairman…

Last updated: May 12, 2024 12:00 EDT | 2 min read Leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian.JPMorgan’s blockchain platform, Onyx, is particularly keen on converting the insights gained from its pilot program with the Monetary Authority of Singapore (MAS) into tangible products.During the TokenizeThis event held in Miami on May 10, Stephanie Lok, product manager of JPMorgan’s Onyx, said the company is focused on investment fund tokenization as a key area of focus.“That’s a very big focus area: how can we kind of…

Last updated: May 12, 2024 11:42 EDT | 2 min read Shiba InuShiba Inu’s trading price of $0.000023 shows minor fluctuations, yet there’s buzzing speculation about its future growth. Given a marginal 1.7% surge over the past 24 hours, the fervor around Shiba Inu price predictions escalates, with discussions centering on the potential of the token reaching a $1 valuation.Supported by substantial trading activity and a significant market cap, SHIB continues to capture the attention of the cryptocurrency community.Shiba Inu Sees 338% Surge in Token Burns: Millions of SHIB VanishOver the past week, Shiba Inu (SHIB) has experienced an impressive…

Last updated: May 12, 2024 11:09 EDT | 2 min read Bitcoin Price PredictionIn the latest Bitcoin price prediction, the flagship cryptocurrency hovers around $61,154, reflecting a slight 0.60% increase within 24 hours. With a robust trading volume exceeding $13 billion and a market cap nearing $1.2 trillion, Bitcoin demonstrates resilience as bulls strive to maintain the $61,000 support level.Bitcoin Price PredictionAt present, Bitcoin‘s price action revolves around a pivotal point set at $60,975, suggesting a bearish Bitcoin price prediction as long as BTC hold below this level.If the price can sustain itself above this level, it might challenge immediate…

The recent Bitcoin halving is expected to resurrect the cryptocurrency market, making memecoins a hot topic yet again. It has been seen in the past that after the process of halving, top meme coins do really well. So, investors start looking for the best ones right after any such event that can induce a bull run.Moreover, meme coins in general, have proven to be great investments as they are very inexpensive but are known to give massive returns.   While Dogecoin’s Elon-powered surge started this trend, coins such as PEPE and Shiba Inu followed it. Now, it is the BEFE coin that…

Investors’ dream in the cryptocurrency industry is to get a coin that can make them reach their financial dream. For a coin to have that capacity, it has to experience uptrends, giving investors profit. Vital metrics like hype, utilities, investors’ sentiment on the coin, and market conditions can trigger this uptrend.Bitgert coin’s growth has given investors a good level of conviction that it can perform well in the industry. Experts are confident of its vast potential due to its recent uptrend and booming trading volume, which sends a positive signal regarding the coin’s future.This article will look at the numerous…