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Demand for Crypto Mining Rises Fast in Vietnam

Demand for mining rigs has been witnessing growth since Bitcoin crossed $50,000. Best selling miners with AMD and NVIDIA GPUs are fetching anywhere between $3,500 and $4,000. The Vietnamese government remains skeptical about the use of cryptocurrencies. With Bitcoin is resuming its bull run and prices of the coin…

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Users Panicked as Coinbase Mistakenly Sent Two-Factor Authentication Notice

On August 30 (Friday), Coinbase erroneously sent an email to its users stating that their two-factor authentication (2FA) settings have been changed. The email triggered panic and confusion among users, as they thought their account might have been hacked. The incident also led to widespread public backlash. Coinbase took…

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Visa’s Sizable Investment in NFT CryptoPunk Asset Creates Headline

CryptoPunk has created shocking ripples in and around the crypto space rallying massive community interest. Visa’s investment in CryptoPunk is expected to increase adoption for digital artwork produced as NFTs. According to the Head of Crypto at Visa, collectibles trading will bring in a ‘New Chapter’ and Visa is…

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US-based T-Mobile looking into alleged massive data breach on 100 million customers

The data hack is said to have compromised personal data belonging to over 100 million users. A subset of the stolen data set is expected to be sold for over $250,000. Investigations are already in place to take necessary actions against the alleged hacker. Hacking and cybercrime have become…

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Institutional Crypto Selling has the Longest Drawdown Stretch since 2018

The crypto market has witnessed significant digital asset outflows due to selloffs around Bitcoin funds. In the third week of June 2021, the total outflows by selling digital assets reached $79 million, marking the longest drawdown stretch since February 2018. The total outflows from Bitcoin funds were $89 million,…

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Two Separate Crypto-Ransomware Attacks on JBS Holdings & Colonial Pipeline

In the first week of June 2021, the largest meat producer in the world, JBS Holdings became a victim of a cyber attack. Criminals sneak into the company’s system and took it over. It led to the suspension of several meat plants in the US, Canada, and Australia. JBS…

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El Salvador Adopts Bitcoin With Open Arms, Will Other Nations Follow?

El Salvador, a Latin American country, made a historic decision in the early hours of Wednesday by accepting Bitcoin as a Legal tender The bill was passed with the majority paving the way to create a parallel financial structure for the unbanked After El Salvador’s historic decision, many other…

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Central Bank RBI Issues Official Notice as Indian Banks Caution Against Crypto

RBI cautioned other major banks in bringing a quashed 3 year old circular to the fore in discussing the topic of cryptocurrency usage Other banks are encouraged to carry out customers due to diligence processes revolving around AML and KYC standard protocols, under the PMLA of 2002 The crypto…

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Crypto Payment Option may Soon be Available on eBay, NFTs Sales Also on Cards

eBay is open to adopting new trends, says Jamie Iannone, CEO of eBay. With around 185 million active customers, eBay is one of the largest e-commerce players globally. NFT transactions are already taking place on eBay, but the company wants to simplify it. Finally, some good news is coming…

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JP Morgan & DBS Join Hands to Launch Blockchain-powered Interbank Payments Platform

JP Morgan, DBS, and Temasek are forming a new blockchain company to launch Patrior. The Patrior platform is leveraging the work that JP Morgan and Temasek did in Project Ubin in 2017. In the beginning, Patrior will only serve the Singaporean banks to settle payments in the US dollar…

BTC

Demand for Crypto Mining Rises Fast in Vietnam

Users Panicked as Coinbase Mistakenly Sent Two-Factor Authentication Notice

Visa’s Sizable Investment in NFT CryptoPunk Asset Creates Headline

US-based T-Mobile looking into alleged massive data breach on 100 million customers

Institutional Crypto Selling has the Longest Drawdown Stretch since 2018

Two Separate Crypto-Ransomware Attacks on JBS Holdings & Colonial Pipeline

El Salvador Adopts Bitcoin With Open Arms, Will Other Nations Follow?

Central Bank RBI Issues Official Notice as Indian Banks Caution Against Crypto

Crypto Payment Option may Soon be Available on eBay, NFTs Sales Also on Cards

JP Morgan & DBS Join Hands to Launch Blockchain-powered Interbank Payments Platform

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