Twitch battles fake Elon Musk streams again with scam bitcoin giveaways

Many cryptocurrency continue to gain popularity and ill-intentioned users advertise fake giveaways of the most famous token. These users may be able to access the wallet of the winner to take out any valuable assets. Twitch started rapidly displaying Bitcoin ‘giveaway streams in November 2020. They used old Elon Musk clips to get viewers to jump to the […]

Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

Ukraine’s largest bank in terms of assets, Privatbank, has prohibited its clients from transferring funds in Ukrainian hryvnia, the national fiat currency, to exchanges trading cryptocurrencies. The temporary ban has been introduced on March 16. According to a statement, quoted by the crypto news outlet Forklog, the measure stems from a resolution issued by the […]

Bank of Spain Approves Its First VASP License

The Bank of Spain approved Bit2me as the first platform to be officially recognized in the country as a virtual asset service provider (VASP). Bit2me, a Spanish-based cryptocurrency platform, was granted the license to operate in the country. It has worked closely with the regulator to prove it meets the legal requirements. The exchange proclaimed, and stated […]

Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K

Last year’s $100K price predictions were silent for the last month in 2021. However, Bitcoin (BTC), price forecasts are beginning to emerge again this year. The Fsinsight Fundstrat firm claims that BTC could rise by nearly 500% to $200K per unit from its current price point. Fsinsight’s head for digital asset strategy, Sean Farrell, has provided the BTC prediction. Fundstrat and Fsinsight are both bullish […]

El Salvador President Buys the Dip, Adds 410 Bitcoins to Treasury

El Salvador, a central American country that legalized Bitcoin last year has been increasing the number of Bitcoins in their treasury. El Salvador bought a new batch of tokens worth 410 for $15 million, or roughly Rs. 110 crore). This development follows a plunge in Bitcoin prices to $35,000 (roughly Rs. 25 lakh) starting at $42,270 (roughly R. In recent […]

BTC Breaches $50,000, SHIB Up 12%; GameStop Partners With Flexa For SHIB, DOGE Payments

Crypto investors are shopping for their favorite tokens ahead of Christmas. Bitcoin (BTC), which has crossed the $50,000 mark, was up more that 12 percent while Shiba Inu(SHIB). According to coinmarketcap data, the total crypto market cap now stands at $2.39 trillion. This is an increase of 4.54 percent in 24 hours. Brad Garlinghouse, Ripple’s CEO, has […]

Bitcoin Market Enters ‘Extreme Fear’ Territory Ahead Of Fed Meeting

The Federal Reserve meeting on Monetary Policy is looming and the market sentiment is dropping. As the Federal Reserve prepares for Wednesday’s meeting to determine its next moves regarding quantitative easing and interest rates, the Bitcoin market has moved into “extreme fear” territory. BTC trades at $48,000 as of the writing of this article, almost 30% […]

Google Alerts Users About Malicious Actors Using Cloud for Cryptocurrency Mining

Google, the software giant, is warning users about malicious actors who use compromised Google Cloud accounts to mine cryptocurrency. Google Cloud accounts can have access to processing power that could be used to execute malicious tasks. The first “Threat Horizons” report by Google was published to raise awareness about security flaws in its platform. It found that 86% of […]