CYBER Coin has been recently making ripples in the cryptocurrency market. Its prominence and role have been significantly heightened within the US landscape with experts likening it to a '
cyber Manhattan'. Recently, MicroStrategy's Michael Saylor highlighted Bitcoin as a solid investment causing a stir of interest among investors. On the other side, the launch of a new meme-coin by Trump sparked controversy. A notable success was witnessed with the recovery of $35K lost to a Bitcoin scam after a statewide cyber pursuit. Cybercrime, however, continues to be a considerable threat - with South Korea opting out of Bitcoin reserves owing to North's BTC hoarding through cyber crime. Another case witnessed North Korean hackers stealing $308M Bitcoin from crypto firm DMM Bitcoin.
Attracting regulatory attention, the SEC recently formed a new Cyber Unit to tackle crypto fraud and cyber crime. Fireblocks introduced
cyber security tools aiming to help crypto handlers comply with Europe’s DORA Rules. The recurring threats pushed cybersecurity firms to consider the safety of digital assets in a decentralized world. Governments are recognizing this, with US recovering $3.5 million in Bitcoin to reimburse scam victims. Crypto Exchange WazirX, in a scandal of a different kind, froze $3M in USDT following a cyber attack. Notably Bitcoin, 'Cyber Manhattan', has served as a central point for critics and supporters alike, with Assness and Dimon labeling BTC only useful for
cyber-ransom.
CYBER Coin News Analytics from Wed, 21 Jun 2017 07:00:00 GMT to Sat, 19 Apr 2025 16:11:21 GMT -
Rating -1
- Innovation 7
- Rumor 7
