Wednesday, December 18, 2024
Home > Danger

Pixel Penguins Scam and Ensuing Drama Shows Danger of Trusting CT Influencers

As rumors intensified, pseudonymous crypto sleuth ZachXBT shared ETH addresses linked to the Pixel Penguin NFT collection, showing that the contract had amassed nearly 61.6 ETH, or about $117,000. Two hours later, ZachXBT shared that 63.5 ETH, nearly $119,000, of the funds earned from the project were distributed across two

Read More

The danger with Google’s new cloud backup for 2FA authenticator

Google released an update for its popular authenticator app that stores a “one-time code” in cloud storage, allowing users who have lost the device with their authenticator on it to retain access to their two-factor authentication (2FA). In an April 24 blog post announcing the update, Google said the one-time codes

Read More

BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report

According to a lawyer representing the bankrupt crypto lender BlockFi Inc.,the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in exposure to Silicon Valley Bank, Bloomberg reported.According to the report, BlockFi had $227 million invested in a money market mutual

Read More

Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden

Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.That is according to economist Lyn Alden, who in private comments to Cointelegraph cautioned on Bitcoin staying bullish after its January gains.Alden: BTC price bottom is a "process"Optimism is increasing throughout crypto as BTC/USD broadly retains levels,

Read More