The Peculiar Ransomware Piggybacking Off of China’s Big Hack
DearCry is the first attack to use the same Microsoft Exchange vulnerabilities, but its lack of sophistication lessens the threat. Powered by...
Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged to near zero. At the time of writing, the social media accounts associated with the protocol appear to have been deleted. The Rug Pull As one...
Scaramucci’s Skybridge Capital Registers With SEC to Launch a Bitcoin ETF
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares on NYSE Arca. Skybridge Capital Files to List a Bitcoin ETF Skybridge Capital and its founder Anthony Scaramucci have been all about bitcoin (BTC) these days and...
Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and are expected to start regulating the industry this year. Bitcoin Is Too Important to Ignore Deutsche Bank Research published a report last week...
Bridgewater’s Ray Dalio Warns Government Could Restrict Bitcoin Investments, Impose ‘Shocking’ Taxes
The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has warned that the government could “impose prohibitions against capital movements” into assets such as bitcoin. He added that regulators may also impose changes in taxes that “could be more shocking than expected.” Ray Dalio Warns About Government Prohibitions and Taxes Ray Dalio, founder and chief investment officer of...