STEPN impersonators stealing users’ seed phrases, warn security experts

Peckshield, a prominent blockchain security firm, exposed the existence of numerous phishing websites for the Web3 lifestyle app STEPN on Monday. Hackers insert a forged MetaMask browser plugin through which they can steal seed phrases from unsuspecting STEPN users, according to Peckshield. When these cybercriminals obtain the seed phrase, they gain complete control over the […]

Cointelegraph’s experts reveal their crypto portfolios

On this week’s show, Cointelegraph’s resident experts reveal exactly what percentages of their portfolios are allocated to what coins and why. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is […]

Experts Say Bitcoin Difficulty Adjustment Might Prompt Miners to Switch Off Again

Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment.  Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular update, which occurs every 2016 blocks, has been pre-coded into the blockchain to keep mining speed at approximately 10 […]

South Korean Experts Say Crypto Is a Poor Safe-Haven Asset

On June 11, South Korean experts stated through local media that cryptocurrencies are a “poor choice” of safe-haven assets during the COVID-19 pandemic. According to The Scoop, Professor Hong Ki-hoon of Hongik University stated that crypto-assets like Bitcoin (BTC) should not be considered as “safe-haven assets,” at the level of Gold, dollars, or even the […]

Join Crypto Markets Live Now to Learn How Experts Trade Crypto With CryptoBirb & Big Chonis

Welcome all traders to this week’s Crypto Markets Live show featuring traders CryptoBirb and Big Chonis. Whether you’re just getting started or have been trading for years, you’re bound to learn something new today. We’ll be analyzing Bitcoin and other top cryptocurrency markets while exploring the step-by-step processes that inform every decision to trade. CryptoBirb […]

Experts Divided on Second Ether Transaction With $2.6M Fee

A second transaction of 350 Ether (ETH) ($86,000 at press time) with an incredible $2.6 million gas fee has just been confirmed on the Ethereum blockchain less than 24 hours after the first transaction for 0.55 ETH ($130 at time of press) with an identical fee amount was processed. Both transactions were processed with a […]

Blockchain Bites: Why UN and Federal Reserve Experts Think CBDCs Could Kill Commercial Banking

U.N. and Federal Reserve experts independently researched central bank digital currencies and found they could effectively compete with the commercial banking system. Meanwhile, New York State and France have entered into a regulatory agreement and Europol is concerned about the bitcoin privacy wallet Wasabi. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the […]

Experts Note Benefits of Security Tokens But Full Adoption Will Take Time

As security tokenization efforts gain traction in digital finance, experts in the space told Cointelegraph how they view the future of this new asset class and the technology behind it. Nick Cowan, CEO of tokenization firm GSX Group, said that he is convinced “the financial world is moving toward the new digital era.”  Cowan argued […]

Slowing Bitcoin Buying Trend Expected as Experts Predict Worse US-China Relations

Tensions between the United States and China in the past led to an increased interest in Bitcoin and gold in the past. But now that the economy is on thin ice due to lockdown conditions, worsening relations between the two countries are expected to have a negative impact on the assets in the near term. […]