The UK’s NCA has launched ‘Operation Kronos’ against global cybercrime syndicate LockBit, seizing servers, cryptocurrency accounts and decryption keys and causing significant disruption. The National Crime Agency’s announcement of a successful international operation against the LockBit ransomware group marks a significant achievement in the global fight against cybercrime. Notorious for ransomware attacks targeting thousands of victims around the world, LockBit has been operating for four years, causing significant financial damage through ransom demands and costs associated with recovery efforts. The success of the operation depends on meticulous infiltration of the LockBit network, resulting in the takeover of critical infrastructure and…
Author: Crypto Flexs
Key Takeaways Bitcoin could soon surge to $55,000. Cryptocurrency markets have been consolidating over the past few days following last week’s rally. Bitcoin prices have been stagnant since the beginning of the week, but may soon surge. At the time of reporting, bitcoin price It fell 1% in the last 24 hours to $51,613. The poor performance comes after it reached a yearly high of $52,623, its highest since 2021. Thanks to the recent rally, Bitcoin’s total market capitalization has now surpassed $1 trillion for the first time in over two years. Despite the recent consolidation, Bitcoin could soon aim…
WorldCoin (WLD), the controversial eye-scan biometric encryption project, surged nearly 185% and hit a new all-time high this week as its user count passed a significant milestone. The project’s underlying asset, WLD, is trading at $7.40 at the time of this writing. This is up from $2.60 a week ago and $2.48 a month ago. The 89th-largest cryptocurrency asset by market capitalization also hit an all-time high of $7.95 on Monday morning. Despite a partial retracement since then, WLD is still up nearly 22% in the last 24 hours. Worldcoin, co-founded by OpenAI CEO Sam Altman, presentation Last Saturday, World…
Once criminals obtain your username and password through a phishing email or third-party leak, they will quickly attempt to compromise your account and steal your funds. Kraken is committed to providing the most advanced security features to protect your assets from unauthorized access.This blog post details the importance of two-factor authentication (2FA) and recent improvements to our products, such as Passkey. Let’s take a look at how to enable different forms of 2FA on your Kraken account and how this layer of security plays a critical role in protecting your digital assets from unauthorized access. Let’s review the additional benefits…
Robbie • February 21, 2024 3:18 AM EST Posted 1 minute ago In ~ Fairshake, a super political action committee that supports political leaders who support blockchain technology and cryptocurrency, received a total of $4.9 million in funding from Gemini co-founders Cameron and Tyler Winklevoss.Bloomberg first reported the news, citing federal filings that showed the brothers each donated $2.45 million.The filing also indicates that Fairshake had $72.8 million in cash at the time of reporting.Winklevoss’ involvement with Fairshake was first announced on December 18, 2023. The twins have established themselves as funders including Andreessen Horowitz, ARK Invest, Circle, Ripple Labs,…
Ethereum (ETH) price yesterday surpassed the $3,000 threshold for the first time since April 2022. However, amidst the celebratory fireworks of the cryptocurrency community, renowned Bitcoin ETF expert Fred Krueger expressed a starkly contrasting opinion. Kruger, a Wall Street veteran and prop trader, took to Why Ethereum is “completely out of touch with reality” Krueger’s comments come at a time when the cryptocurrency market is witnessing a resurgence of investor interest, with Ethereum leading the pack following recent price gains. Nonetheless, Krueger points out a worrying trend in the use of the Ethereum blockchain. ETH is completely out of touch…
Ethereum price rose further and broke the $3,000 resistance line. ETH is still showing positive signs and may extend its gains to $3,120. Ethereum continued its upward trend above the $2,980 and $3,000 levels. The price is trading above $3,000 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $2,950. The pair may continue to rise towards the $3,120 resistance zone. Ethereum price rally extends Ethereum price established a base above the $2,850 level and began another rise. ETH broke through the $2,920 resistance zone and…
The Hong Kong Monetary Authority (HKMA) recently issued an important new circular regarding cryptocurrency storage platforms. Aimed at authorized entities (AIs), this guidance outlines a comprehensive framework for providing custody services for digital assets. As a result, interest in digital asset trading and management service platforms has reached new heights as the cryptocurrency sector has made significant progress in Hong Kong. The Hong Kong prototype aims to store cryptocurrency. The HKMA’s circular is a pivotal step towards ensuring strong protection and proficient management of customer digital assets and establishing a set of standards and guidelines for AI to follow. The…
Worldcoin has had a huge rally, but it could revert much of its recent gains. The alignment of FVGs with order blocks presented an interesting area of interest for buyers. WorldCoin (WLD) has recorded a 270% return over the past two weeks. The $3.8 range was expected to act as a resistance line, but the WLD uptrend did not stop there when it broke through the $2.6 resistance line. Instead, buyers could extend this resistance right up to the $8 level. This highlighted strong buying pressure and strong bullish confidence. Fibonacci retracement levels could play an important role in the…
February 20th Bitfinex Alpha | Bitcoin’s bullish momentum still holds true Post time: 14:53h On Bitfinex Alpha Posted by Tammy Bitcoin showed strong resilience this week, hitting new highs this year despite (or perhaps because of) higher-than-expected CPI and PPI data that continued to drive inflows into the Bitcoin ETF trading space. At $52,700, BTC is up 25% since the beginning of the year and 207% from its November 2022 low. This leaves BTC 28.6% below its all-time high, with supply limited while demand increases even at higher prices. In addition to the continued flow of funds into spot Bitcoin…