CryptoNews

Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik – Bitcoin News

September 2, 2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near $1 Billion The digital security and smart contract auditing firm Certik disclosed that $45.8 million was…
Read more
CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $26,000 Following US Nonfarm Payrolls  – Market Updates Bitcoin News

September 2, 2023
Bitcoin plummeted below $26,000 to start the month of September, as markets waited for the latest non-farm payrolls (NFP) report. Payrolls in the United States were expected to fall to 170,000 for August, however came in at 187,000. Ethereum was also down on the news, falling below $1,700. Bitcoin Bitcoin slipped below the $26,000 level on Friday, prior to the release of August’s U.S. nonfarm…
Read more
CryptoNews

Coinbase Debuts Paypal's PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity – Exchanges Bitcoin News

September 1, 2023
Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase, the prominent cryptocurrency exchange headquartered in San Francisco, has incorporated Paypal’s dollar-tied…
Read more
CryptoNews

Biden's Regulators Urged to Work With Congress on Crypto Regulation – Regulation Bitcoin News

September 1, 2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s regulators to work with Congress to provide clear rules of the road and robust consumer protections through legislation,”…
Read more