Bitcoin hits a new all-time high of $73,000 in March 2024, driven by spot Bitcoin ETFs and regulatory changes. The crypto market’s volatility underscores the importance of risk management and diversification. Nearly $4B lost to crypto fraud in 2023. #CryptoNews
Tether will stop USDT support on Algorand and EOS within 12 months to focus on community-centric networks. $ALGO and $EOS trading volumes spiked over 100% after the news. Tether aims to boost security and innovation. #CryptoNews
Louisiana’s House Bill 488, signed by Gov. Jeff Landry, protects bitcoin users, supports mining in industrial zones, bans CBDCs, and promotes economic growth. Led by @RepMarkWright & @SenCoussan, the law aims to attract investment and boost innovation. #CryptoNews
Tether halts minting $USDT on EOS and Algorand. Users have one year to redeem tokens. This move aims to optimize resources and align with community interests. #Crypto #Blockchain
Tether (@Tether_to) will stop issuing USDT on the Algorand and EOS blockchains, focusing on Ethereum and Tron. Redemption support for Algorand and EOS will continue for 12 months. This move aims to enhance security and efficiency. #CryptoNews
The EU targets Russian defense funding with its 14th sanctions package, banning banks and crypto services linked to military supplies. New restrictions hit the transport, energy, and financial sectors. Political parties in the EU are also barred from Russian financing. #Sanctions #Crypto
Jason Derulo faces backlash after promoting meme coin JASON, which lost 72% in value post-launch. He blames Sahil Arora, known for past crypto controversies, for misleading him. Critics like @SlumDOGE and @zachxbt question his actions. #CryptoRisks
Mt. Gox trustee announces repayments in $BTC and $BCH starting July 2024. Creditors to receive 142,000 BTC, 143,000 BCH, and ¥69 billion ($432M). A major move towards restoring trust in crypto exchanges post-2014 collapse. #CryptoNews
? SlowMist’s Yu Xian warns of rising phishing attacks on Telegram, exploiting “Anonymous Telegram Numbers” to breach TON wallets. Enable two-step verification for protection. Fake stablecoin scams targeting $BNB and $BYBIT also reported. #SecurityAlert
The Nigerian SEC mandates Virtual Asset Service Providers to update applications within 30 days to comply with new digital asset rules, part of broader regulatory changes to strengthen Nigeria’s cryptocurrency market. #CryptoRegulation
CoinStats experienced a security breach on June 22, 2024, affecting 1,590 wallets. Users with exported private keys must move funds immediately. Externally connected wallets and CEXs are safe. CoinStats is investigating. #CryptoSecurity
MakerDAO delegate loses $11M in $aEthMKR and $PENDLE in a phishing scam. Scam Sniffer flagged the breach, showing the risks to key crypto figures. $300M stolen from 320K users in 2023. #CryptoSecurity
? BtcTurk, a top Turkish crypto exchange, was hacked on June 22. Hackers accessed hot wallets and stole funds from 10+ cryptocurrencies. BtcTurk halted all transactions but assured most assets in cold wallets are safe. #CryptoSecurity
The FBI has indicted four members of the FIN9 group for hacking U.S. companies, causing $71M in losses. They stole data and funds via phishing and supply chain attacks. This highlights law enforcement’s ability to combat sophisticated cybercrime. #CyberSecurity
