Grace Abidemi

1 week ago | crypto.news | Grace Abidemi

Share Malicious actors are targeting crypto executives through a new wave of AI-powered deepfake impersonation attacks, and Binance’s Changpeng Zhao (CZ) has joined the chorus of warnings. Commenting on the recent reports of a Zoom-based hacking scheme targeting industry figures, the former Binance CEO urged the crypto community to stay vigilant.

1 week ago | crypto.news | Grace Abidemi

Share Is fresh interest in Bitcoin fading? A sharp drop in short-term holders and record-low demand momentum suggest that it is. According to data from on-chain analytics firm CryptoQuant, wallets associated with short-term Bitcoin holders have seen a sharp decline since late May. As of June 19, this group of investors now controls only around 4.5 million BTC, down from 5.3 million on May 27. The numbers mark a decline of 800,000 BTC, or roughly 15.1%, in less than a month.

1 week ago | crypto.news | Grace Abidemi

Share Longtime Bitcoin critic and goldbug Peter Schiff is back with another jab at the world’s largest cryptocurrency, and this time, he’s pitching the other precious metal as a superior alternative. According to Schiff in a June 20 X post, silver currently offers far more realistic upside than Bitcoin (BTC), with significantly less downside risk. “If anyone is looking for an alternative to gold, it makes no sense to buy Bitcoin when you can buy silver,” he wrote.

1 week ago | crypto.news | Grace Abidemi

Share South Korea’s top financial watchdog is taking steps to bring spot crypto ETFs and stablecoin regulation into the mainstream as part of a broader plan to modernize the country’s digital asset market. According to a June 19 report by local media Yonhap News, the Financial Services Commission (FSC) has submitted a new crypto roadmap to the Presidential Committee on Policy Planning.

1 week ago | crypto.news | Grace Abidemi

Share The cyberattack on Iranian crypto exchange Nobitex has gone from bad to worse, as hackers deliver yet another major blow. Gonjeshke Darande, the hacker group behind the breach on the Nobitex exchange, took to Twitter on Thursday to leak what they claim is the exchange’s full source code. “Time’s up — full source code linked below. ASSETS LEFT IN NOBITEX ARE NOW ENTIRELY OUT IN THE OPEN,” the hackers wrote.