A Nebraska man is looking at 30 years in prison in connection with a major cryptojacking scheme. Based on an indictment filed on April 15 by the US Attorney’s Office in Brooklyn, Charles O. Parks III, who goes by “CP3O,” is accused of deceiving two major cloud services companies. Cryptojacking refers to an unauthorized takeover … Read more
Barclays, HSBC, and Citibank, along with other UK financial institutions, are collaborating on a trial project to introduce deposit tokens using blockchain technology. A number of British banks, such as Barclays and Citigroup, are collaborating on a trial for tokenized deposits to improve the monitoring of banking payments. The UK Finance trade association announced this … Read more
A prominent observer of cryptocurrency transactions, Whale Alert, has picked up on significant activity surrounding Dogecoin. Yesterday, this watchdog noticed a large quantity of Dogecoin – over several hundred million dollars’ worth – being transferred from the widely-used investment platform Robinhood. 🚨 150,000,000 #DOGE (23,552,001 USD) transferred from #Robinhood to unknown wallet— Whale Alert (@whale_alert) … Read more
The upcoming Bitcoin halving and hard forks of Bitcoin Cash (BCH) and Bitcoin SV (BSV) will impact each significant cryptocurrency similarly. BCH and BSV, two branches that evolved from Bitcoin, each experience their unique halvings. Nevertheless, these splinter versions remain influenced by the upcoming Bitcoin halving, which is set to occur in just a few … Read more
Bitcoins are considered risky investments, and given the tensions between nations that could lead to war, it’s possible that the sale of bitcoins may persist. However, unlike traditional assets, bitcoins exist beyond the monetary system and are not subject to government control. As such, they represent a form of financial freedom. War and finance Tensions … Read more