In 2023, the cryptocurrency world was rocked by surprising revelations from blockchain intelligence company TRM Labs. The report noted that groups linked to the Democratic People’s Republic of Korea (DPRK) were responsible for approximately 33% of all cryptocurrency thefts in the year, potentially amassing up to $700 million through these illicit activities. The seriousness of this situation is highlighted by the fact that approximately $1.5 billion has been stolen from North Korea over the past two years, representing a serious and worrying trend in cyber theft. The alarming increase in cyber theft by North Korean operatives demonstrates their increasing proficiency…
Author: Crypto Flexs
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The ethereum.org translation program has been updated. Live for over 2 yearsAnd we’re excited to share some of the milestones we’ve achieved since our founding and some of our plans for the future. Since launching this initiative in 2019, over 2,000 community members have contributed, translating a total of 2.8 million words to date! Thanks to all these activities, ethereum.org is now available in 37 languages.. While English continues to be the primary language viewed on the site (88% of all page views), traffic to translated pages has also increased, more than tripling from last year. Some of the progress…
The cryptocurrency space is experiencing a wave of optimism, as highlighted in the Bitfinex Alpha report. Analysts predict that its market capitalization will soar to $3.2 trillion by 2024. This surge could be triggered by a significant increase in the number of cryptocurrency holders globally, potentially rising from the current 575 million to between 850 and 950 million. So the predictions for 2024 are clear. A wave of enthusiasm could propel Bitcoin (BTC) to unprecedented heights, fueled by a growing global user base and the eagerness of institutional investors in anticipation of the US SEC’s approval of the Bitcoin ETF.…
An unknown Bitcoin user sent 26.9. BTC +0.23% $1.17 million worth of money was added to the network’s Genesis wallet, the first wallet created on the Bitcoin network, with little chance of getting it back.The transaction took place on January 5th at 1:52 AM ET. Bitcoin was transferred from this now empty wallet to the Genesis wallet. The transaction fee was $100, well above average.The wallet was originally funded through complex transactions that involved moving funds from three wallets to 12 other wallets. Most of the funds came from wallets labeled as belonging to Binance by blockchain analytics platform Arkham…
A cryptocurrency strategist who follows closely believes one large altcoin is poised for strong gains this year. Pseudonymous analyst Altcoin Sherpa says 204,600 followers on social media platform “BNB: I think bid around $285. The region is currently uncertain and the overall market is (currently) unstable. Still, I’m still optimistic about this. I think BNB will see big gains in 2024. This was mainly done through the Binance Launchpad project.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests that the Fibonacci retracement levels of 0.236 ($305.9) and 0.382 ($286) still act as support for BNB. As of this…
join us telegram A channel to stay up to date on breaking news coverage Ark Invest, led by the acclaimed Cathie Wood, recently made notable changes to its investment strategy, including selling an additional 26,743 shares of Coinbase Global Inc. The deal, valued at approximately $4.1 million, took place on Thursday following a significant investment. The day before, $25.3 million worth of Coinbase stock was sold. This selling pattern highlights strategic alignment within Ark Invest’s portfolio, especially in the context of the company’s ARK Innovation ETF (ARKK), known for its dynamic and forward-looking investment approach. This also hints at the…
The day after the 15th anniversary of Bitcoin’s Genesis Block, an incident that attracted attention in the cryptocurrency world unfolded. An unknown market participant transferred 26.91 BTC worth approximately $1.17 million to a wallet address believed to belong to Satoshi Nakamoto, the enigmatic creator of Bitcoin. The transaction sparked intense speculation and debate within the cryptocurrency community, raising questions about its meaning and the motivations behind it. Historical Context and Significance of the Genesis Block To understand the scale of this event, it is important to look back at the birth of Bitcoin. Satoshi Nakamoto mined the first Bitcoin block,…
Charitable giving has been an important aspect of society for centuries, with individuals and organizations donating their time and resources to support causes they believe in. In today’s digital age, technology has made it easier than ever to create change, and one innovative platform is: We’re leading the way in revolutionizing the way we give back. Introducing GiveCoin, a groundbreaking cryptocurrency designed to double the impact of charitable giving. How GiveCoin Works GiveCoin leverages the power of blockchain technology to provide a transparent and secure way to donate to charity. When you donate using GiveCoin, the value of your donation…
The opening day of 2024 brought with it a cry that echoed far and wide for cryptocurrencies. The IRS is coming! The IRS is coming!The hullabaloo was sparked by a circulated segment of the 2021 federal government. infrastructure law Accordingly, starting January 1, 2024, key details related to certain cryptocurrency payments over $10,000 (including the payer’s name, address, and Social Security number) must be reported to the IRS under a felony penalty. Worries soon spread among cryptocurrency users, unsure whether they could suddenly risk being thrown in jail for failing to report large on-chain transactions. great. I pay taxes. It…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEOne of the frequently asked questions in cryptocurrency training courses for beginners is ‘How do I use Bitcoin?’After people understand how cryptocurrencies work, go…