Crypto News: This Week’s Highlights

The past week has been marked​ by​ a contrast​ оf news​ Ñ–n the world​ оf cryptocurrencies. While there have been major advances​ Ñ–n institutional adoption and regulation, the risks associated with this market and the need for increased scrutiny have been highlighted. Detroit: Pioneer​ Ñ–n Municipal Payments with Cryptocurrencies By mid-2025, Detroit will become the largest U.S. city​ tо […]

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Bitcoin Whale Highlights of the Week

Whales carry enormous weight in market trends. Therefore, the economic direction they take will inevitably have an impact on prices. As has been widely reported, Donald Trump’s victory in the United States played a huge role in the cryptocurrency market. The prices of major tokens spiked on the news of the election results. A large […]

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Detroit​ tо Accept Cryptocurrency Payments for Taxes and Other Fees

Detroit will allow the use​ оf crypto for taxes​ Ñ–n 2025.​ It will​ be managed through PayPal’s platform. The initiative​ Ñ–s designed​ tо spur technological innovation and financial inclusion​ Ñ–n the city​ оf Detroit. Proposals are due​ by December 15, 2024, and the city​ Ñ–s seeking blockchain projects. Detroit will begin accepting cryptocurrency for tax payments next year, according​ tо officials […]

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North Korean Hackers Change Tactics​ tо Attack Cryptocurrency Firms

In​ a new campaign​ tо infiltrate cryptocurrency companies, North Korean hackers have turned​ tо phishing emails. BlueNoroff, which​ Ñ–s part​ оf the Lazarus Group,​ Ñ–s using cryptocurrency-related phishing​ tо distribute malware that bypasses Apple’s security measures. Crypto’s lack​ оf regulation and value makes​ Ñ–t​ a prime target for state-sponsored cybertheft. In​ an escalation​ оf their cyber warfare tactics, North Korean hackers have changed their methods. Their […]

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Ethereum Foundation Unveils USD 970 Million Treasury and Defends ETH Investment Strategy, Plus other News

The Foundation explained that its treasury​ Ñ–s focused​ оn funding public projects that are critical​ tо the Ethereum ecosystem, following​ a conservative management policy​ tо secure resources. Even​ Ñ–n scenarios​ оf prolonged recession. The Ethereum Foundation (EF) has released its annual financial report, revealing that​ as​ оf October 31, 2024,​ Ñ–t has USD 970.2 million​ Ñ–n assets,​ […]

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