Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Is there any reason why hodling wETH would be a bad idea?

Sorry if this has been asked before (I did search but could not find anything), or if this is a dumb question. I was just wondering if it's safe to hold wETH long term. My mining is paid out in wETH on Polygon and if I can avoid the fee to bridge it that would…
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Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume

A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have a strong presence in the crypto market. Today […]

Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report

The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.”

Bitcoin may be one of the most important inventions ever.

If you believe in the fundamental principle of sound money and you are intellectually curious and honest with the state of the world, I believe you will come to see bitcoin is an emerging form of sound money. Money does not have to be tangible; all money is really just a ledger. Bitcoin is an…
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We Woke up to a Black Friday dip ….. not even worried about it

Apparently everyone is cashing in Crypto to buy 50% off Flat Screens ? submitted by /u/SlavicLord2000 [link] [comments]

Saved up through smart crypto investments to buy my first home – solicitors tells me no one will accept my crypto related money!

I have saved up enough £ (UK) to buy my first property outright in cash with no mortgage! I’ve found one and had an offer accepted but the solicitors with not complete the purchase with funds related to cryptocurrency due to AML even if I show them they are legit through my exchange history and…
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Kaspersky Experts Assess The Biggest Cyberthreats In Crypto For 2022

Don’t read this Kaspersky report if you’re prone to paranoia. The cybersecurity experts and antivirus manufacturers released its annual “Cyberthreats to financial organizations” paper and two items are about cryptocurrencies. Prepare to be spooked. The report begins with an evaluation of last year’s predictions and they were only wrong about one, and not by much. Plus, 2022’s cyberthreats sound very much like a possibility. Luckily, you found this article and can prepare yourself accordingly.  Related Reading | Hackers Nab $16 Million In BTC Through Bitcoin Wallet Exploit Both Cybercriminals And State-Sponsored Actors Will Target Cryptocurrencies First, Kaspersky paints the picture and gives us the least scary threat: “The cryptocurrency business continues to grow, and people continue to invest their money in this market because it’s a digital asset and all transactions occur online. It also offers anonymity to users. These are attractive aspects that cybercrime groups will be unable to resist.” And then, Kaspersky makes our skin crawl: “And not only cybercrime groups but also state-sponsored groups who have already started targeting this industry.” As the honeypot grows, criminals will be increasingly attracted to cryptocurrencies. That much we can deal with. However, the state-sponsored groups are also a logical progression. How could they not target cryptocurrencies? And they’re going to use much more sophisticated methods to get at you. For example: Friendly reminder that @fold_app recently partnered with @NianticLabs, backed by the @CIA #DeleteFoldApp https://t.co/IdyXO5eAKb — Louisa Alexa (@LouisaAlexa) November 24, 2021 The people behind Pokémon GO recently partnered with Bitcoin rewards card Fold App to make a Bitcoin-themed Pokémon GO clone that pays in BTC. We have no idea if what this Twitter user says holds any water, but the whole enterprise does sound suspicious. And in light of this prediction by Kaspersky, even more so. However, just to be clear, NewsBTC knows nothing about Niantic Labs and the Fold App. Do your own research. BTC price chart for 11/26/2021 on Oanda | Source: BTC/USD on TradingView.com Manufacturing Fake Devices With Backdoors Once again, Kaspersky makes us rethink our security methods: “While some people consider it risky to invest in cryptocurrencies, those who do realize that their wallet is the weakest link. While most infostealers can easily steal a locally stored wallet, a cloud-based one is also susceptible to attacks with the risk of losing funds. Then there are hardware-based cryptocurrencies wallets. But the question is, are there sufficiently reliable and transparent security assessments to prove that they are safe?” However, their prediction is much more concerning: “In the scramble for cryptocurrency investment opportunities, we believe that cybercriminals will take advantage of fabricating and selling rogue devices with backdoors, followed by social engineering campaigns and other methods to steal victims’ financial assets.” There are already horror stories about dubious software wallets that end up in lost funds. And yeah, fake hardware wallets seem to be a logical next frontier. Just this year, following the Ledger hack, reports of weird-looking Ledger wallets took over the Internet. However, if a more sophisticated criminal made a better-looking device, it could wreak havoc through the cryptocurrency community. And if Kaspersky says it will happen… Related Reading | DeFi Hack: Vee Finance Losses $35 Million To Hackers Following Mainnet Launch Kaspersky Identifies Even More Cyberthreats The “Cyberthreats to financial organizations” contains a few more items that aren’t fully related to cryptocurrencies, but may be of interest to all of you. They predict “an exponential growth in infostealers,” and a rise in ransomware from “small regionally derived groups.” Plus, data breaches in Open Banking, Mobile Banking Trojans, and identify risk in remote workers using company equipment for entertainment purposes. Read the whole thing and be prepared for everything. Featured Image: vickygharat on Pixabay | Charts by TradingView

Moon Landing initiative brings neurodiversity to NFTs and supports art non-profits

A blend of contemporary popular culture, nostalgia, and empowerment will be the main themes of the NFT exhibit.

A website tp calculate total eth gas fee used in my wallet?

I have been uesd it before, but forgot it very soon…Anyone can help me to find it? submitted by /u/Mysterious_Society42 [link] [comments]

For someone who were buying at 3k-5k, people who say 55k$ is dip is hilarious

This isn't a dip. What happened to this sub? Either 90% people here or at age 15 trying crypto first time or you really like to FOMO and panic sell. For people who watched BTC for over 5+ years will know that BTC many times crashes %70 %80 in 12 hours. You would wake up…
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