‘Safepal Wallet’ Firefox Add-On Steals Users’ Cryptocurrency
A malicious Firefox browser extension was removed after the add-on, called Safety Wallet, deceived and defrauded users by emptying their Cryptocurrency wallets. Cali, a Mozilla add-ons user, explained that a few hours after installing and logging in with his real Safepal credentials, he saw his wallet drop to $0. He continued: “I was deep in […]
China Officially Makes All Crypto Transactions Illegal
China’s central bank has banned virtually all transactions in cryptocurrencies, outlawing digital tokens such as Bitcoin.
A Crypto-Trading Hamster Has Outperformed Warren Buffett
A hamster that has been trading in cryptocurrencies since June and has yielded higher returns than Warren Buffett and the S&P 500.
Bitcoin Mining Producing Enormous Levels Of Waste
Bitcoin miners generate 30,700 tonnes of electronic waste every year, averaging 272g per transaction.
Bitcoin, Ether Fall as Market Selloff Widens
Cryptocurrency prices slumped on Monday amid speculation about risks to the global economy from the troubles of Chinese property group Evergrande.
U.S. Sanctions Crypto Exchanges, Wallets Used By Ransomware
The government of the United States will start sanctioning cryptocurrencies, wallets, and traders that help ransomware gangs convert cryptocurrencies.
El Salvador Bitcoin Adoption Had Immediate Negative Effects
S & P Global has revealed that El Salvador’s introduction of Bitcoin as legal tender had immediate negative effects that outweighed its potential benefits.
U.S. May Crack Down on ‘Stable’ Cryptocurrency
The U.S. Treasury and other federal agencies are reportedly on the verge of cracking down on stablecoins through a review by the Financial Stability Oversight Council.
Mexico Central Bank Declares Bitcoin is Barter
Bank of Mexico Governor Alejandro Diaz De Leon sees Bitcoin as a medium of barter than an “evolved” fiat currency, calling it a high-risk investment.
Cryptocurrency Prices Drop, Bitcoin Falls More Than 17%
Bitcoin fell more than 17% to $43,000 after a bumpy start to the introduction of bitcoin as legal tender in El Salvador.
