A group of Japanese companies will issue a digital currency in July 2024 for transactions and settlement of green energy certificates. This information was conveyed by the DeCurret cryptocurrency exchange to us, October 12, 2023. GMO Aozora Net Bank will issue a yen-based digital currency, called “DCJPY”, which will operate on the network launched by […]
Bitcoin’s price recently surged past $28,000, experiencing significant gains. The world’s leading digital currency reached an intraday high of nearly $28,600 around 6 p.m. EST, but it later dipped to just below $28,300. Several factors influenced these price movements, with a fake news report being a notable one. A false report from Cointelegraph’s Twitter account […]
Police in Canada revealed they had conducted an investigation using blockchain surveillance software Chainalysis Reactor to combat crypto crime. The police discussed the situation with Sergeant Kevin Talbot of the Lethbridge Police Service (LPS) Economic Crimes Unit. Talbot has been trained in blockchain analysis, which is considered a significant advance for a smaller force like […]
The XRP community is abuzz as Ripple’s network achieves a significant milestone, but what does this mean for its price? Let’s dive in. Summary: The XRP Ledger has recently witnessed a remarkable surge, boasting nearly 5 million accounts and approximately 60 billion XRP tokens held within these accounts. Despite this growth, it’s important to note […]
JPMorgan in its latest research revealed that the Bitcoin (BTC) mining industry is at a difficult time. This is due to several factors that can burden the Bitcoin mining industry. One of them is the approval of a Bitcoin ETF that could catalyze a rally against the backdrop of record hashrate and block reward halving […]
One of the customers of the FTX crypto exchange, Lee Rees, revealed that he was still affected by the bankruptcy of FTX. When FTX collapsed last year, Rees lost USD 100,000 or the equivalent of IDR 1.5 billion (assuming an exchange rate of IDR 15,661 per US dollar), this is half his annual income. Prosecutors […]
A report released by crypto intelligence company Messari on Thursday, October 5, 2023 shows a continued downward trend in crypto industry funding. This is as the industry faces regulatory uncertainty in the United States (US) and the opening of the criminal trial of FTX founder and former CEO Sam Bankman-Fried, as quoted from the Investopedia […]
Blockchain security firm ImmuneFi reported the number of crypto hacking incidents jumped 153 percent in the third quarter compared to 2022, with the number of incidents jumping to 76 from just 30 in the same period last year. Losses due to hacking and fraud increased to more than USD 685 million or equivalent to IDR […]
Indonesian YouTuber, Bro Omen, who has around 1.5 million subscribers, had to sell his YouTube account due to losses from crypto fraud. Not only that, Bro Omen also admitted that he had mortgaged his house for IDR 5 billion for crypto investment capital. In total, Omen spent up to IDR 10 billion in capital in […]
The former boss of crypto company Terra Labs, Do Kwon, admitted to falsifying trading volumes, according to court documents from the US Securities and Exchange Commission (SEC). An SEC filing on Sept. 22 shows a text message exchange between Do Kwon and Daniel Chin, the founder of payment app Chai, in which Do Kwon told […]