Neel Kashkari, the Minneapolis Fed President, isn't convinced that Bitcoin is ready to replace traditional currency. He hasn't seen anyone use it to buy everyday items, and he thinks it's more like a gamble than a safe investment against inflation. However, a recent study shows that Bitcoin's value
Hey there, young investor! So, you're curious about Bitcoin, huh? Let's break it down. As of October 2024, one Bitcoin (BTC) is worth around $67, 639. 71, up a tiny bit from yesterday. That's after it hit a high of over $73, 000 in March 2024. Pretty impressive, right? Bitcoin's been around since 2
Imagine this: a 25-year-old from Athens, Alabama, gets caught up in a plot to trick the Securities and Exchange Commission (SEC). The plan? Hack into the SEC's X account and post fake news about Bitcoin. In January, this young man, Eric Council Jr. , did just that. He helped some unknown friends hac
Imagine someone sending a fake tweet that makes Bitcoin prices shoot up by over $1, 000 in an instant. That's what happened when a 25-year-old Alabama resident named Eric Council Jr. hacked into the Securities and Exchange Commission's (SEC) Twitter account. He posed as the SEC Chair Gary Gensler an
In a recent event, a 25-year-old man from Alabama was arrested and charged for his alleged role in a hack that targeted the U. S. Securities and Exchange Commission's (SEC) X account in early January. The hack, which occurred just before the SEC was due to announce its decision on spot-Bitcoin excha
In Alabama, a man named Eric Council Jr. was recently arrested for his role in a hacking scheme that sent the bitcoin market into a rollercoaster ride. The Justice Department revealed that Council and his accomplices hacked into the Securities and Exchange Commission's (SEC) account on the X platfor
Imagine this: someone tricks your cell phone provider and takes over your number. Scary, right? This is what's called a SIM swap. Now, let's talk about how this happened to the Securities and Exchange Commission (SEC) and how it affected Bitcoin. A clever attacker pulled off a SIM swap to gain cont
Imagine the Trump family getting a massive 75% of the revenue from a new crypto coin project. It’s like they’ve hit the jackpot! The project, called World Liberty Financial, launched this week with a big promise. They plan to raise $300 million by selling tokens worth $1.5 billion. But here’s what’s
World, the startup that once went by Worldcoin, has made some big changes. They've dropped the "coin" from their name and introduced a new iris-scanning device called the Orb. This device is designed to prove that you're a real human, not a bot or AI. The company's co-founder, Alex Blania, explained
A new report from a venture capital firm, Andreessen Horowitz, reveals that crypto usage has hit an all-time high. Over 617 million people worldwide now own cryptocurrencies, and around 30 to 60 million are active users. September saw an impressive 220 million unique crypto addresses, a threefold in
