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KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Richard Byworth, Diginex CEO has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year.

Bitcoin Price Pops Over Wall Of Sellers at $20K, Flips Resistance to New Support Level

Bitcoin Price Pops Over Wall Of Sellers at $20K, Flips Resistance to New Support Level

Despite reports that a wall of sellers was waiting for Bitcoin at the $20,000 price level the BTC price surged over the wall and may have flipped the resistance into a support line.

Bitcoin Price Nears $12,000 at Monthly Close—What are Analysts Predicting?

Bitcoin Price Nears $12,000 at Monthly Close—What are Analysts Predicting?

Bitcoin (BTC) remained under the resistance level of $12,000 at its August monthly close. What are analysts predicting?

Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts

Chico Crypto Goes Head-to-Head with Cardano Founder on Smart Contracts

Crypto gets its first bout in the ring with well-known crypto YouTuber Tyler Swope aka Chico Crypto going head to head against Charles Hoskinson Founder of Cardano.

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

UK-based crypto exchange EXMO has detected suspicious activity on its platform, and as a preemptive measure, it has suspended withdrawals for the time being.

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