South Korea declines to include
Bitcoins in its reserves, while
North Korea accumulates the cryptocurrency through nefarious activities online. Major crypto figures are alleging market manipulation against large stakeholders, denouncing them as 'cyber criminals'. Meanwhile, in the US, Donald Trump’s 'cyber summit' underscores the growing role and influence of digital currencies. We're seeing strengthened
cyber security tools to help cryptocurrency entities comply with European standards, and business leaders like MicroStrategy's Michael Saylor backing
Bitcoin as a sound investment, describing it as 'cyber Manhattan'. However, the introduction of new meme-coins, including one by Trump, is sparking frustration within the crypto community.
Digital currency scams and AI attacks are still a top concern, especially in Nigeria. Reports of cryptocurrency platform
Phemex losing $69 million in what appears to be a cyberattack, has the community on edge. Recently, North Korean hackers stole a staggering $308M worth of Bitcoin from Crypto Firm
DMM Bitcoin. The US Securities and Exchange Commission (SEC) has formed a new unit to combat cybercrime and
crypto fraud, including the protection of retail investors.
Notable price predictions are hot topics, with some suggesting that Bonk Coin could reach $1 by the end of 2025. Meanwhile,
cybersecurity developments such as the 'PARANOID' blockchain security tech launched by the US Navy and other innovations like AI-driven trading platforms lend more credibility and turbulence to the digital currency market. The constant threat of cyberattacks, however, casts a shadow over these advancements as individuals, companies, and entire industries continue to be targeted.
CYBER Coin News Analytics from Sun, 13 Jun 2021 07:00:00 GMT to Tue, 18 Mar 2025 20:40:31 GMT -
Rating 0
- Innovation 4
- Information 7
- Rumor -2
