Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others. Nubank has been lowering its trading rates since last year when it charged…
Read more on news.bitcoin.comCertik: Malicious Actors Stole $753 Million in Q3, Phishing Top Attack Vector
Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million. Users Urged to Be Wary…
Read more on news.bitcoin.comIMF Renews Call for El Salvador to Reform Bitcoin Policies and Regulatory Controls
The International Monetary Fund (IMF) has again urged El Salvador to scale back its Bitcoin policies and overhaul its cryptocurrency regulatory framework. Julie Kozack, director at the IMF’s communications department, said during an Oct. 3 press conference that the agency’s staff are working closely with Salvadorian officials. They aim to finalize a new IMF-backed program…
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Trading Volumes on Centralized Exchanges Decline 17% in Sept, Binance Market Share Hits 4-Year Low
September saw a significant decline in trading activity across centralized exchanges, with combined spot and derivatives trading volumes dropping 17% to $4.34 trillion, as per the latest CCData report. This marks the lowest monthly trading volume since June, driven largely by the end of the seasonality period, which is typically characterized by reduced market participation….
Read more on cryptonews.comAll-Women AI PhD Program Launches in Africa
A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This initiative is the brainchild of CORE AI, a research partnership uniting universities from both continents. The program…
Read more on news.bitcoin.comRussia: Saint Petersburg Police Begin Crackdown on ‘Illegal Crypto Exchanges’
Russia has reportedly launched a crackdown on illegal crypto exchanges, with officers raiding “dozens of addresses” in Saint Petersburg and beyond. Per the Russian media outlets 47news and 78.ru, officers swooped on addresses in “14 different areas.” They claim that police have arrested or cautioned “over 90 people” in raids. The Economic Security Department of…
Read more on cryptonews.comRussia-Based Evil Corp Faces New US Sanctions
The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts to combat cyber threats. US Expands Sanctions on Evil Corp Amid Global Ransomware Crackdown…
Read more on news.bitcoin.comDOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ)…
Read more on news.bitcoin.comJPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum
Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending…
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Elon Musk: America Is Headed for Bankruptcy
Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk stressed that interest payments on federal debt now surpass the defense budget, adding urgency to his…
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