Report

Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans
Aug 09, 2022 at 11:39
News
Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans
Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022.
Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Jul 12, 2022 at 12:02
News
Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Black Hat hackers are actively exploiting the cryptocurrency industry and its vulnerabilities. In the second quarter of 2022, the total loss of crypto projects due to hacks and fraud amounted to $670,698,280.
Latest IMF Report Sheds Light on Cost-Benefit of Cryptocurrencies and Defi
Apr 21, 2022 at 11:22
News
Latest IMF Report Sheds Light on Cost-Benefit of Cryptocurrencies and Defi
The latest report from the international financial regulator IMF examines the role and liability of cryptocurrencies and defi in the global financial system.
Cryptocurrencies Steal Money from the Economy; Bank of Russia Defends its Negative Stance on the Industry
Jan 26, 2022 at 14:28
News
Cryptocurrencies Steal Money from the Economy; Bank of Russia Defends its Negative Stance on the Industry
On January 20, the Bank of Russia published a report proposing to ban the cryptocurrency industry in the country. After being heavily criticized, the institution defended its position in a statement.
Russian Central Bank Develops a Mechanism of Controlling Transactions of the Citizens; Crypto Community is Alerted
Dec 27, 2021 at 11:33
News
Russian Central Bank Develops a Mechanism of Controlling Transactions of the Citizens; Crypto Community is Alerted
The Russian Central Bank is developing a new set of rules that would require credit organizations and payment service providers to report details of all monetary transactions. This will put pressure on cryptocurrency holders in the country.
Online Payment Fraud is Flourishing: Users Might Lose Over $206B by 2025
Jul 15, 2021 at 11:00
News
Online Payment Fraud is Flourishing: Users Might Lose Over $206B by 2025
According to the new study by Juniper Research, online businesses globally will lose more than $206 bln from online payment fraud by 2025. The figure is almost 10x equal to Amazon's net income recorded in the last year (2020).
Human Intellect vs Artificial Intelligence: Which is Better?
Jul 06, 2021 at 10:41
News
Human Intellect vs Artificial Intelligence: Which is Better?
In this era of technological revolution, several employers, companies and organizations are trying to adopt machine learning, decentralized technologies such as blockchain and distributed artificial intelligence (DAI) to improve work efficiency and reduce operational costs as the adoption of these tools leads to a reduction in the workforce.
1 Reason Why China is Actually Doing Cryptocurrency Investors a Favour by Banning Mining Operations
Jul 01, 2021 at 10:33
News
1 Reason Why China is Actually Doing Cryptocurrency Investors a Favour by Banning Mining Operations
There is an opinion that the Chinese ban is actually good for the bitcoin price in the long run. The ongoing crackdown on bitcoin mining and trading could boost bitcoin and other cryptocurrencies in the future.
58% of Large Hedge-Funds are Interested in Cryptocurrency Despite the Drop
May 29, 2021 at 09:12
News
58% of Large Hedge-Funds are Interested in Cryptocurrency Despite the Drop
The cryptocurrency market has declined from $2.501 trillion to $1.725 trillion in just two weeks, indicating a fall of about 31%. However, hedge funds are interested in cryptocurrency despite the drop.
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