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Stay Safe: How to Avoid Sophisticated Phishing Attacks on Zoom Manta Network co-founder Kenny Li recently dodged a sophisticated phishing attempt on Zoom, believed to be orchestrated by North Korea’s Lazarus Group. The attack, which involved live recordings and prompts for malware downloads, highlights the critical need for vigilance in virtual meetings. Background and Context…
Yemen Sees Surge in Crypto Adoption via DeFi Platforms Amid ongoing US sanctions targeting the Houthi group, Yemenis are turning to decentralized finance (DeFi) platforms for financial solutions, with over 63% of the country’s crypto web traffic now attributed to DeFi, according to TRM Labs. Understanding Yemen’s Shift Towards DeFi The rise of Yemen crypto…
The Impact of Bitcoin ETFs on Market Stability Recent insights reveal that Bitcoin ETF holders with ‘stronger hands’ may significantly reduce Bitcoin’s volatility over time. Analysts highlight that recent investments, particularly by Michael Saylor’s firm, contribute to the cryptocurrency’s resilience despite prevailing macroeconomic challenges, as observed by Bloomberg’s Eric Balchunas. Understanding the Impact of Bitcoin…
Solana Unveils New Proposal for Deflation Rate Voting In a bold move to reshape its inflation system, Solana has introduced a new proposal allowing validators to vote on multiple deflation rates, aiming for a more consensus-driven approach towards the future of SOL emissions. Background and Context The ongoing evolution of the cryptocurrency landscape is often…
Arizona Digital Assets Bill Nears Final Vote Arizona’s Strategic Digital Assets Reserve Bill is just one vote away from reaching Governor Katie Hobbs, who may veto it despite its bipartisan support. The bill aims to create a fund for digital assets seized through criminal proceedings, allowing the state to invest in emerging digital currencies. Background…
New Slovenia Opposition Raises Concerns Over Crypto Tax Jernej Vrtovec, a representative of the New Slovenia opposition party, has criticized a proposed 25% tax on crypto trading profits, fearing it could stifle Slovenia’s burgeoning crypto industry. The Finance Ministry’s draft law, currently open for public consultation, may deter investment and innovation in the sector. Background…
Understanding Bitcoin’s Realized Cap and Its Implications Bitcoin’s realized cap has reached an all-time high of $872 billion, yet diminishing growth signals a cautious investment landscape as many current holders weigh profit-taking against market risks. Background and Context In recent developments, Bitcoin’s realized cap has reached a historic high of $872 billion, underscoring its significance…
Kyrgyzstan Takes Major Step Towards Digital Currency Kyrgyzstan President Sadyr Zhaparov has officially signed a law authorizing the pilot project for the ‘digital som,’ the nation’s central bank digital currency, which will provide legal tender status pending further developments by 2026. Kyrgyzstan’s Digital Som: Background and Significance The recent Kyrgyzstan digital som CBDC launch announcement…
AI Coding Assistants: A $3 Billion Acquisition Showdown In a rapidly evolving landscape of AI coding tools, OpenAI is eyeing a potential $3 billion acquisition of WindSurf, following stalled negotiations with Anysphere, the makers of rival Cursor. As competition heats up between innovative platforms that promise users the ability to ‘vibe code’ without extensive programming…
How Cryptocurrency Exchanges Respond to Hacks In a notable shift, cryptocurrency exchange eXch has announced it will cease operations on May 1, following allegations that it was used to launder $35 million linked to a $1.4 billion exploit on Bybit. This decision reflects the growing tensions and responses in the industry as exchanges navigate the…
