Crypto bug bounty platform Immunefi says that around $509 million was lost to hacks and fraud during Q2 2024, which is a 91% increase compared to the same period last year.
The FCA has noticed that more and more crypto firms are getting registered. Right now, 44 companies are registered under the money laundering regulations
In recent years, many large companies have decided to invest in cryptocurrencies, significantly increasing the trust and acceptance of these digital assets. This development signals a major shift in the financial world, and highlights the growing interest in blockchain technology and its potential benefits.
Cryptocurrencies have the potential to fundamentally change the future of payments, offering faster, cheaper and more secure transactions. Despite significant challenges such as regulatory uncertainty and technical hurdles, digital currencies are gaining acceptance and could play a major role in the global financial system in the coming years.
In the world of cryptocurrencies, a crypto mining farm is a facility dedicated to mining digital currencies like Bitcoin, Ethereum, and others. These farms are basically big operations with loads of high-performance computers and specialised hardware that helps solve complex mathematical problems, which are essential for verifying transactions on a blockchain network. This process, which is called mining, keeps the network secure and allows new coins to be created.
Ethereum is one of the most influential and transformative projects in the world of blockchain and cryptocurrency. Here's a comprehensive look at its origins, development and impact:
Elon Musk, the CEO of Tesla and SpaceX, is known for his innovative ventures and influential presence on social media. His tweets and public statements have had a profound impact on the cryptocurrency market, often leading to significant price fluctuations. Here's an in-depth look at how Musk has influenced crypto prices and the mechanisms behind this phenomenon.
In recent years, the term "crypto" has become ubiquitous, especially in the fields of finance and technology. But what exactly does this term entail? In this blog post, we take a detailed look at cryptocurrencies, the underlying blockchain technology, and the various applications that arise from them.
