Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,293,191,043,960.72
  • 24h Vol: $55,691,686,126.92
  • BTC Dominance: 56.72%

Crypto

major-cryptocurrency-atm-manufacturer-general-bytes-hacked,-over-$1.5m-in-bitcoin-stolen

Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen

Leave a Comment / 2FA, ada, API keys, ATM, ATM attack, ATMs down, Automated Teller Machine, Bitcoin, Breach, BUSD, Cloud Service, Crypto, Crypto ATM attack, Crypto Hacked, Cryptocurrency, DAI, Doge, ETH, Ethereum, Exchanges, Funds, General Bytes, General Bytes ATMs, General Bytes Crypto ATMs, Hack, hot wallets, IP addresses, java, Liquidation, nationwide, News, onchain statistics, operators, Security, self-hosted servers, shib, trx, uniswap, US ATM Operators, USDT, Vulnerability, zero-day attack / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators to temporarily shut down. The hacker was able […]

Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen Read More »

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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

Leave a Comment / amendments, bill, bills, Bitcoin, Criminal Liability, Crypto, Crypto Hacked, crypto industry, crypto miners, crypto sector, Cryptocurrencies, Cryptocurrency, Ethereum, fines, industry association, Law, Laws, Legislation, Miners, penalties, prosecution, provisions, racib, Regulation, Russia, russian, Tax, tax evasion, Taxation, Taxes, texts / / / , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in

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digital-assets-worth-2-billion-rubles-issued-in-russia-in-less-than-a-year

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, DFA, DFAs, Digital Assets, digital financial assets, Ethereum, Instruments, Investors, Law, market, News, Regulation, Russia, russian, Value, volume / / / , , , , , , , , , , , , , , , ,

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to

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binance-trains-ukraine’s-cyberpolice-and-security-service

Binance Trains Ukraine’s Cyberpolice and Security Service

Leave a Comment / agencies, Authorities, Binance, Bitcoin, courses, Crypto, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Cyberpolice, Ethereum, Exchange, Exchanges, Law Enforcement, Regulators, SBU, training, Ukraine, ukrainian / / / , , , , , , , , , , , , , , , ,

Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform has been involved in dozens of similar initiatives over the past year, in a number of countries. Binance Provides Crypto Training to Security Officials in Ukraine The world’s largest digital asset exchange, Binance, has provided

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usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

Leave a Comment / Auto-Conversion, Binance, Bitcoin, BitPay, Coinbase, coingecko.com, Crypto, Crypto Hacked, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, Ethereum, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, Market Updates, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether,

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident Read More »

revised-bill-suggests-prison-time-for-russian-crypto-miners-evading-taxation

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

Leave a Comment / bill, Bitcoin, Crypto, crypto assets, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, declaration, Ethereum, fines, Legislation, Miners, Mining, penalties, prison, prison time, punishment, Regulation, reporting, Russia, russian, sentence, Tax, Taxation / / / , , , , , , , , , , , , , , , , , , , , , ,

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced Labor Awaits Miners and Traders Who Operate Outside Law,

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation Read More »

makerdao-issues-emergency-proposal-to-address-$3.1b-in-usdc-collateral-after-stablecoin-depegging-incident

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

Leave a Comment / Auction, Bitcoin, Black Thursday, cash and stables, Circle Financial, collateral, collaterized, Crypto, Crypto Hacked, Cryptocurrency, DAI, DAI price, Dai Stablecoin, decentralized finance, DeFi, emergency proposal, Ethereum, Exposure, failure, Impact, impaired, Liquidity, makerdao, market, News, Parity, potential, proposal, Risky, Silicon Valley Bank, Stability, Stablecoin, stablecoin assets, Stablecoins, stables, support, tail risk, underwater, USDC, Voters / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of the project’s stablecoin, DAI. Makerdao Proposes Changes to Limit Exposure

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident Read More »

usdc-stablecoin-depegging-causes-concern-among-crypto-advocates,-5-other-stablecoins-slip-below-parity

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

Leave a Comment / Banking, Binance, Bitcoin, BitPay, Blockchain, Cash, Circle, Circle Financial, Circle USDC, Coinbase, Crypto, Crypto Hacked, Crypto.com, Crypto.com USDC, Crypto.com USDC suspension, Cryptocurrency, DAI, Decentralized, depegging, Digital Assets, Ethereum, Exchanges, Finance, Fintech, FRAX, GUSD, Investors, Liquidity, Market Capitalization, market volatility, News, Regulation, risk management, Silicon Valley Bank, Stablecoin, SVB, SVB deposits, Tether, trading, USD parity, USDC, USDC Depeg, USDC depegging, USDD, USDP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET)

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity Read More »

kazakhstan-shuts-down-crypto-exchange-that-transferred-$34-million-through-binance

Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance

Leave a Comment / authorization, Binance, Bitcoin, Crypto, crypto assets, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Exchange, Exchanges, fma, illegal, Kazakhstan, License, regulator, Seizure, shutdown, unauthorized, unlicensed, Wallets, watchdog / / / , , , , , , , , , , , , , , , , , , ,

Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS

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binance-bans-russians-from-p2p-transactions-with-dollars-and-euros

Binance Bans Russians From P2P Transactions With Dollars and Euros

Leave a Comment / Binance, Bitcoin, Crypto, crypto assets, crypto exchange, Crypto Hacked, crypto traders, Cryptocurrencies, Cryptocurrency, Dollar, Ethereum, EU, Euro, Exchange, Exchanges, Fiat, fiat currencies, restrictions, Russia, russian, Russian users, russians, Sanctions, Traders, transactions / / / , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto

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