General Bytes suffered a security incident on March 17 and 18, 2023 that allowed hackers to remotely access key service interfaces and send funds from hot wallets, according to the company and sources. Launching Bitcoin, Monday (3/20/2023), the breach forced the majority of US-based crypto automated teller machine (ATM) operators to temporarily shut down. Hackers […]
A stable U.S. banking system where deposits are safe and accessible is essential to the global financial system and to the operations of every fiat-backed stablecoin. That was recognized by the U.S. government’s actions on Sunday, March 12, when the U.S. Treasury, Federal Reserve and the FDIC together stepped in to ensure that ordinary depositors […]
Bitcoin price continued to strengthen Wednesday amid growing concerns that the Silicon Valley Bank (NASDAQ:SIVB) crisis will likely have a contagion effect on the rest of the traditional banking sector. Although Bitcoin price initially slid down in a risky trading environment, the world’s largest cryptocurrency later rallied 27% from Friday’s lows and hit a 3-week […]
Non-Fungible Token (NFT) is currently a trend in almost all parts of the world. No wonder the most expensive NFT in the world appears. The level of scarcity that each NFT has often causes the price of an NFT to skyrocket. Even though the NFT trend had declined in 2022 due to the crypto winter […]
In the latest update, core Ethereum developers said the Shanghai upgrade will start in the first two weeks of April 2023. Once this upgrade is done, users will finally be able to withdraw their ETH staked on the network. Previously, in January, the developer said the Shanghai upgrade would start in March 2023. It turns […]
Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) project developer, released a Non-Fungible Token (NFT) that runs based on the Bitcoin blockchain protocol. The project called TwelveFold will later release 300 tokens. In a tweet on the Yuga Lab Twitter account, it was explained that the Bitcoin NFT collection was inspired by Satoshis, […]
Selasa, 28 Februari 2023 menjadi hari terakhir sekaligus penutupan dari kegiatan Bulan Literasi Kripto 2023, yang mana pada Closing Ceremony ini menjadi moment pertama bagi Degree Crypto Token membuka Booth di lokasi Closing Ceremony berlangsung, yaitu di Hotel Marriot Jakarta. Berbagai kegiatan positif dalam rangkaian kegiatan Bulan Literasi Kripto 2023 yang dipelopori oleh Kementrian Perdagangan […]
Canadian rapper and singer Drake lost $400,000 when he made a Bitcoin bet. Drake is betting that YouTuber-turned-boxer Jake Paul will beat Tommy Fury by knockout. Had Jake Paul won, Drake could have earned $1.44 million worth of bitcoins, but in reality Fury won the battle by split decision. Monday (27/2/2023), on February 26, 2023, […]
Hong Kong made its intentions clear to open the door to crypto trading for retail. Reports claim that China is quietly encouraging the move, using Hong Kong as a testing ground for what safe crypto trading might look like. The Hong Kong Securities and Futures Commission (SFC) outlined various caveats for retail investing in crypto, namely hinting at only […]
Most of the Bitcoins in the world are currently inactive or there is no transaction movement. This number of dormant coins has almost reached a new all-time high. According to blockchain analysis firm Glassnode, the number of Bitcoins that have not moved for at least six months is 14.99 million coins, or a value of […]