Blockchain Technology Archives | Page 29 of 386

Fintech Blockchain

How Will Arkham and Sonic Transform DeFi Security and Transparency?

The decentralized finance (DeFi) sector has experienced tremendous growth in recent years, attracting both institutional and retail investors with promises of high returns and decentralized governance. However, this rapid expansion has also unveiled significant challenges, particularly regarding security and transparency. To address these issues, Arkham Intelligence, a leading blockchain analytics firm, has recently teamed up with Sonic Labs, an EVM-compatible

February 6, 2025

Digital Lending / Digital Payments

Can INXY Revolutionize Crypto Payments with $3M Funding Boost?

INXY Payments, a European Union-approved platform that integrates traditional finance with the burgeoning cryptocurrency economy, recently secured $3 million in funding. This round was led by Flashpoint VC and included contributions from notable angel investors, demonstrating significant confidence in INXY’s mission. The funding will be used to advance INXY’s goal of simplifying and securing cryptocurrency payments for businesses worldwide. Currently,

February 6, 2025

Cyber Security

Why Are Ransomware Payments Declining Despite More Incidents in 2024?

In 2024, the cybersecurity landscape has taken an interesting turn with an increase in ransomware incidents but a noticeable decline in payments by the victims. Despite a slight increase in ransomware revenues in the first half of 2024 compared to the first half of 2023, overall extortion payments plummeted by 35% year-over-year. In numbers, ransomware groups collected approximately $813.55 million

February 6, 2025

Fintech Blockchain

Are Seed Phrases the Weak Link in Crypto Wallet Security?

In the realm of cryptocurrency, one might assume that the rapid advancements in technology have solidified security measures, protecting digital assets to an unprecedented degree. However, a significant vulnerability exists that could undermine the trust users place in crypto wallets: seed phrases. These commonly trusted recovery tools, meant to safeguard assets, may inherently possess flaws that expose users to potential

February 6, 2025

Cyber Security

Lazarus Group Targets Crypto Wallets Using Fake LinkedIn Job Offers

In the latest wave of cyberattacks, the North Korea-linked Lazarus Group has launched a sophisticated campaign targeting cryptocurrency wallets. Utilizing fake LinkedIn job offers, the malicious actors lure job seekers in the cryptocurrency and travel sectors with enticing messages promising remote work and competitive salaries. Once potential victims express their interest, the attackers proceed by requesting personal information, further complicating

February 6, 2025

Fintech Blockchain

Can Cryptocurrency Overcome the IMF’s Grip on Developing Nations?

The global financial landscape is undergoing a seismic shift with the advent of cryptocurrencies. These digital assets, such as Bitcoin, promise financial autonomy and liberation from conventional banking systems, capturing the imagination of many, especially in developing nations. However, the International Monetary Fund (IMF) remains a formidable force, often dictating economic policies through conditional loans that can stymie such innovative

February 5, 2025

Fintech Blockchain

DOGEN Emerges as Potential Crypto Superstar Amid Bullish Market Trends

The cryptocurrency market is abuzz with the emergence of DOGEN, a new token that has captured the attention of investors and enthusiasts alike. With over $5 million raised during its presale phase, DOGEN is being hailed as the next big sensation, drawing comparisons to popular meme coins like Dogecoin and Shiba Inu. As the market anticipates a substantial bull run

February 5, 2025

Fintech Blockchain

Travala and Trivago Partner to Enable Crypto Payments for Hotel Bookings

In an innovative move, Travala, a leading Web3 travel platform, has forged a strategic collaboration with Trivago, a global accommodation metasearch engine, to expand its offerings in the cryptocurrency payment space. This partnership is set to bolster the adoption of digital currencies within the travel industry by allowing Trivago users to book over 2.2 million properties with cryptocurrencies like Bitcoin

February 5, 2025

Fintech Blockchain

How Will the 2024 Bitcoin Halving Impact the Cryptocurrency Market?

In the ever-evolving world of cryptocurrency, one event that consistently stirs both anticipation and uncertainty within the community is the Bitcoin Halving. Set to occur in April 2024, this notable event will once again substantially recalibrate Bitcoin’s supply dynamics. Bitcoin Halving happens approximately every four years and involves reducing the mining rewards by half. In this 2024 event, miner rewards

February 5, 2025

Fintech Blockchain

Crypto Market Overview: Trends and Analysis for February 2025

The cryptocurrency market remains a volatile environment, with significant activity affecting the prices of major digital assets. Bitcoin and Ethereum, two of the largest cryptocurrencies by market capitalization, have experienced noticeable declines due to global economic concerns. Concurrently, alternative cryptocurrencies such as Solana, XRP, Cardano, and Dogecoin display mixed performances. Investors are heavily focused on monitoring the market to analyze

February 5, 2025

Cyber Security

Are High-Profile Accounts on X Vulnerable to Phishing Attacks?

High-profile accounts on X, previously known as Twitter, are currently facing an alarming phishing campaign that aims to compromise these accounts and promote fraudulent cryptocurrency schemes. This campaign has set its sights on US political figures, tech giants, leading journalists worldwide, and even an X employee. Although the primary focus is on high-follower accounts, the threat extends to all users

February 5, 2025

Fintech Blockchain

Old Bitcoin Wallet Reactivates After 15 Years, Transferring $5 Million

In a surprising turn of events, a long-dormant Bitcoin wallet containing 50 BTC, mined over 15 years ago, has suddenly reactivated, transferring its entire contents. The Bitcoin, initially worth just $0.10 each, has significantly appreciated over the years to a current value of $5 million. The unexpected reactivation and substantial transfer have captured the attention of the cryptocurrency community, sparking

February 5, 2025