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Crypto wallet owners in Korea should be wary of a new type of mobile malware designed to steal seed phrases, warns the cybersecurity firm McAfee. A seed phrase is a collection of 12 to 24 random words used to restore access to a crypto wallet. McAfee researchers note the new malware threat, called SpyAgent, has disguised itself as more than 280 fake apps, posing as services ranging from banking...
September 11, 2024 – Tel Aviv, Israel Layer three network Orbs has announced that Animoca Brands Japan has become the latest ‘guardian’ to join its ecosystem. The Japanese subsidiary of the global gaming and Web 3.0 giant will run a validator node on Orbs’ layer three to help maintain its stability and security. As a strategic subsidiary of Animoca Brands Corporation Limited, Animoca Brands...
One Bitcoin (BTC) metric suggests the top crypto asset could be on the verge of a strong upward price move, according to the co-founders of the analytics firm Glassnode. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that the Bitcoin Risk Index touched 100 over the weekend. “Its current slight retraction might stick: If...
The Hong Kong-based crypto wealth management giant Metalpha deposited $77.55 million worth of Ethereum (ETH) to Binance in the past few days, according to the digital asset tracker Lookonchain. Metalpha sent a total of 33,589 ETH to the top global crypto exchange over multiple transactions, including 10,000 ETH worth $23.45 million on Monday. The firm still holds 51,300 ETH worth $120 million,...
Bitwise CIO Matt Hougan says that investment advisors are adopting Bitcoin (BTC) exchange-traded funds (ETFs) at a faster rate than any other ETFs in history. Hougan responds to a post on the social media platform X by macro strategist Jim Bianco claiming that investment advisors’ adoption of the Bitcoin ETFs is “small.” According to Hougan, Bianco is not correct. “Jim is wrong here: investment...
Seasoned trader Peter Brandt is outlining a potential price path for Bitcoin that would see BTC massively break out of its price doldrums en route to fresh record levels. The veteran trader shares a chart with his 737,800 followers on the social media platform X suggesting that Bitcoin is following a parabolic curve pattern on the weekly chart. Brandt also hints that Bitcoin appears to be...
A closely followed crypto strategist and trader says Solana (SOL) and three additional altcoins are his best picks for longer-term holds. Pseudonymous analyst Altcoin Sherpa tells his 223,400 followers on the social media platform X that SOL will likely remain in an uptrend as long as it holds $110 as support. In addition to SOL, the analyst reveals other picks for “longer-term buys,” including...
Financial services behemoth Standard Chartered is launching a digital asset custody service in the United Arab Emirates following the approval of a license from local regulators. According to a new press release, Standard Chartered has selected the UAE for its product launch due to the region’s well-regarded approach to digital asset regulation and adoption. Says Bill Winters, Group Chief...
Venture capitalist Chris Burniske thinks that the depressed sentiment that has seeped into the crypto market is not warranted. The digital asset veteran tells his 299,600 followers on the social media platform X that both market technicals and fundamentals indicate that Bitcoin (BTC) and crypto are gearing up for higher prices despite gloomy trader sentiment. According to Burniske, the price...
State Street Global Advisors has announced the launch of three new digital asset and “disruptive technology” exchange-traded funds (ETFs). All three ETFs will be managed by Galaxy Asset Management, an affiliate of Mike Novogratz’s Galaxy Digital Holdings. In a press release, State Street says it is launching the SPDR Galaxy Digital Asset Ecosystem ETF (DECO), the SPDR Galaxy Hedged Digital Asset...