The U.S. Department of Justice (DOJ) has concluded its investigation into the xDedic dark web marketplace, resulting in the successful dismantling of multinational criminal organizations. This significant operation has led to charges against 19 individuals involved in illegal activities on the infamous marketplace. Background of xDedic Marketplace Before its shutdown in 2019, xDedic Marketplace gained notoriety for its illegal trade
In this age of technological advancements, one particular area that has seen a rapid increase in criminal activities is generative AI. A growing number of cybercriminals and malicious actors are utilizing this powerful tool to create a variety of scams and disinformation campaigns. With the upcoming election cycle, it is expected that generative AI will play a role in various
In a disheartening turn of events, CoinsPaid, a prominent crypto payment gateway, has fallen victim to yet another security breach, marking its second in the last six months. This unfortunate incident comes hot on the heels of a previous hack in July 2023, where hackers managed to infiltrate the platform and abscond with a staggering $37 billion. As cybersecurity threats
In today’s data-driven world, cloud storage has become an integral part of our daily lives. However, concerns over data sovereignty and censorship resistance have fueled the need for a revolutionary solution. Swan Network leads the charge in revolutionizing cloud storage through decentralized protocols, prioritizing data sovereignty and censorship resistance. Multi-Chain Storage (MCS) MCS represents a revolutionary Web3 S3 storage gateway
The world of cryptocurrency is abuzz with anticipation as the ARK 21Shares Bitcoin ETF, proposed by ARK Investment Management and 21Shares, takes a major step forward. With the filing of a registration notice with the Securities and Exchange Commission (SEC), this ETF aims to provide investors with a regulated and accessible way to gain exposure to the booming Bitcoin market.
Quantum computing and blockchain technology are two cutting-edge fields that are making waves in the digital world. Both have the potential to revolutionize various industries by leveraging their unique characteristics. Quantum computing harnesses the power of quantum mechanics to perform complex computations at a significantly faster rate than traditional computers. On the other hand, blockchain technology offers transparency, immutability, and
The long-awaited approval of a spot Bitcoin ETF has been a topic of anticipation and speculation in the crypto market. However, renowned gold bug Peter Schiff has raised concerns about the potential consequences of such an approval. Meanwhile, Matrixport, a data-centric consultancy firm, has predicted a delay in the approval process. This article examines the warnings and predictions surrounding the
With the increasing popularity of cryptocurrencies, the rise in hacking incidents has become a significant concern for the industry. This article delves into recent hacking incidents in the cryptocurrency space, examining the impacts and losses suffered by key players. It also explores the methods employed by hackers and the ongoing efforts to enhance security. Orbit Chain Hack In a devastating
BlackRock, the world’s largest asset manager, has been making waves in the cryptocurrency market with its recent involvement in Bitcoin. With a staggering portfolio worth $10 trillion, BlackRock has played a crucial role in the surge of the world’s most popular cryptocurrency. Furthermore, their request for the launch of a Bitcoin Spot ETF near the Securities and Exchange Commission (SEC)
The price of Bitcoin has soared to an impressive $45,000, reaching its highest point since April 2022. This surge in price has garnered increased investor enthusiasm, which has been further intensified by a recent Reuters report suggesting that the Securities and Exchange Commission (SEC) may announce its decision on the approval of Bitcoin Exchange-Traded Funds (ETFs) as early as Tuesday,
The US government has announced a delay in the imposition of tariffs intended for consumer graphics cards, citing the need for further industry feedback. These tariffs, which have been a topic of debate since the Trump era, aim to reduce the influence of Chinese-based hardware in the markets. In an effort to ensure a fair and balanced approach, the government
The Korean gaming industry has been at the forefront of technological advancements, particularly in the realm of blockchain and Web3 applications. However, not all ventures have been smooth sailing. Wemade, a prominent gaming firm based in Korea, finds itself grappling with a staggering $41 million tax debt following the launch of its ambitious $100 million Web3 fund. This article delves
