North Korean hackers have pilfered $3B of crypto over past six years: Report
03 Dec 2023
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According to United States cybersecurity firm Recorded Future, North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, with more than half of that amount stolen in the past year alone. Recorded Future indicated in a recent report that the amount of stolen crypto equates to approximately half of North Korea’s entire military expenses for…

Bitcoin’s top of funnel is becoming less noisy, suggests Swan Bitcoin CEO
03 Dec 2023
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Swan Bitcoin CEO Cory Klippsten has suggested that spot Bitcoin exchange-traded funds (ETF) will suppress the loud and flashy marketing strategies that have served as the initial gateway for many into the crypto space since 2017. During a recent interview with Bloomberg on December 1, Klippsten reiterated that Bitcoin ETFs offer an alternative entry into the market at…

Bitcoin ETFs, user experience will drive adoption — eToro CEO
02 Dec 2023
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While grassroots cryptocurrency adoption went stale after last year’s implosions in the industry, trading platform eToro’s chief executive believes that the appeal of exchange-traded funds (ETFs) for institutions and ease of investing through various platforms for non-professionals could further drive Bitcoin adoption. EToro CEO Yoni Assia told Cointelegraph at the recent Abu Dhabi Finance Week that…

The SEC is facing another defeat in its recycled lawsuit against Kraken
02 Dec 2023
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The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like another misguided attempt by the SEC to exert control over an industry that fundamentally challenges an outdated regulatory playbook. The agency’s lawsuit, filed in November, accuses Kraken of operating as an unregistered securities exchange. The lawsuit…

Starknet token distribution not yet finalized despite speculation over portal screenshots
02 Dec 2023
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The Starknet Foundation has moved quickly to quash speculation around screenshots of early iterations of a distribution portal for the upcoming launch of its native STRK ecosystem token. Information shared with Cointelegraph ahead of an announcement on X (formerly Twitter) outlined that the foundation is still developing plans to distribute the token to certain users,…

Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered
01 Dec 2023
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Bitcoin may hit $100,000 in one year’s time thanks to “earlier than expected” exchange-traded funds (ETF) launching, says Standard Chartered. In a research note issued on Nov. 28 quoted by sources including Business Insider, the banking giant doubled down on its bullish BTC price targets. Standard Chartered still expects six-figure BTC price Bitcoin is in line to trade…