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Enthusiasm for crypto from Hollywood celebrities and top athletes reached a fever pitch over the past year. On social media, during interviews and even in music videos, they portrayed virtual currency as a world with its own hip culture and philosophy — one that was more inclusive than traditional finance and that involved the chance to make loads of money. The Super Bowl was nicknamed the “Crypto Bowl” this year because so many ads — which cost as much as $7 million for 30 seconds — featured the industry, several of them starring boldface names. (snip) Matt Damon, who compared...

Some cryptocurrency haters are spiking the football now that there has been a downturn in crypto markets arguing that the dip portends of the death of crypto. This dip is a correction and something that will weed out flawed crypto models making the market stronger. The bottom line is that cryptocurrencies are here to stay. That which did not kill crypto will make it stronger. The invention of cryptocurrencies starting with Bitcoin were a groundbreaking development in means of storing and transferring value. The creation diversified the way people can transact business. The idea was to create digital currencies that...

When Britain voted for Brexit, Macron boasted that Paris would eat the City of London’s lunch. It didn’t quite work out that way, with most league tables continuing to put London as the number one or two financial centre, with not a single EU city in the top ten. Emmanuel Macron's government has now announced that it has invited Binance, a crypto exchange site, to set up a European HQ in Paris. You have to ask: has Macron leapt on a bandwagon which has already started to lose its wheels? The warning sign for cryptocurrencies is not so much that...

An allegedly North Korean Ethereum wallet tied to March’s $600 million crypto hack continued to launder its stolen ETH Friday in defiance of U.S. sanctions. The blacklisted address that U.S. authorities say is controlled by North Korea’s elite “Lazarus” hacker group sent 2,915 ETH (around $8.8 million) to the cleaners this morning New York time, a day after federal officials listed it on its sanctions database. Making a brief pit stop at a fresh, unsanctioned wallet, its crypto quickly flew through the popular coin mixer Tornado Cash, where the trail went cold. It was a continuation of what one tracing...

But as the crowd pushes inside, a wiry man with elfin features is sprinting out of the venue, past astonished selfie takers and venture capitalists. Some call out, imploring him to stay; others even chase him down the street, on foot and on scooters. Yet the man outruns them all, disappearing into the privacy of his hotel lobby, alone. Vitalik Buterin, the most influential person in crypto, didn’t come to Denver to party. He doesn’t drink or particularly enjoy crowds. Not that there isn’t plenty for the 28-year-old creator of Ethereum to celebrate. Nine years ago, Buterin dreamed up Ethereum...

A 33-year-old French cryptocurrency expert who was shot at point-blank range by a robber trying to steal his $450,000 Richard Mille watch says he believes he was targeted and followed for hours or days before being ambushed outside his Manhattan hotel. Pierrick Jamaux told DailyMail.com he is shocked by how dangerous the city has become and would never have visited had he known how much it had changed since he lived there 10 years ago. The entrepreneur, who was visiting from Hong Kong with his Australian model wife, Sarah Watts, 26, was getting out of an Uber at the Fifty...

Blockchain project Ronin said Tuesday that hackers stole cryptocurrency worth almost $615 million from its systems, in what would be one of the largest cryptocurrency heists on record. The project said that unidentified hackers on March 23 stole some 173,600 ether tokens and 25.5 million USD Coin tokens. At current exchange rates, the stolen funds are worth $615 million, but they were worth some $540 million at the time of the attack. This makes it the second-largest crypto theft on record, according to blockchain analysis firm Elliptic.

A group of blockchain enthusiasts are turning a 32-million square foot island into what they hope will soon be considered the “crypto capital of the world.” “After years of preparation, a green light from the Vanuatu Prime Minister and Minister Of Finance and all approvals in place, Satoshi Island is now ready to be developed into a real-world crypto economy and blockchain based democracy,” states a bio for the 800-acre portion of the island nation Vanuatu that has been freshly named after Satoshi Nakamoto, the pseudonymous developer of bitcoin. A website for Satoshi Island excitedly details its futuristic housing stock...

It takes only a second to crack the handful of weak keys. Are there more out there? Cryptographic keys generated with older software now owned by technology company Rambus are weak enough to be broken instantly using commodity hardware, a researcher reported on Monday. This revelation is part of an investigation that also uncovered a handful of weak keys in the wild. "The problem is that both primes are too similar," Böck said in an interview. "So the difference between the two primes is really small."

LONDON, March 17 (Reuters) - Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday. "Consumers face the very real possibility of losing all their invested money if they buy these assets," the three EU authorities said in a statement. It marks a racheting up of direct warnings to consumers about cryptoassets by EU authorities, spelling out that consumers have no protections or recourse to compensation under existing EU financial services law. Regulators are increasingly worried that more consumers are...

After briefly rising above $40,000 this morning following the earlier (and now forgotten) report of some soothing words from Putin over the Ukraine conflict, Bitcoin and the broader crypto sector has slumped to session lows...... following a Reuters report that crypto firms in the United Arab Emirates (UAE) are being flooded with requests to "liquidate billions of dollars of virtual currency" as Russians seek a safe haven for their fortunes.According to the report - which cites company executives and financial sources - some Russians are using cryptocurrency to "invest in real estate" in the UAE, while others want to use...

Ukraine has raised more than $17 million in cryptocurrency donations since Russia began its invasion. Over $10 million were donated directly to the crypto wallets posted by the Ukrainian government about 24 hours after the government solicited donations in bitcoin, ether, and tether.

Venus Protocol, a decentralized money market, announced on Thursday evening that about $11 million had been lost due to people exploiting the historic collapse of the Luna cryptocurrency and its sister stablecoin UST. The team behind the Venus Protocol released a statement confirming suspicions that had been floating around for hours about the potential mishandling of the fiasco around Luna. “Today, we became aware of errant price behavior for LUNA on Venus Protocol. Upon investigation, it was learned that the price feed had been paused by Chainlink due to extreme market conditions,” Venus Protocol explained... Venus Protocol and several other...

NASA's Terra satellite captured an image of the snow-covered eastern U.S. that looks like the states have been sitting in a freezer. In addition to the snow cover, Arctic and Siberian air masses have settled in over the Eastern U.S. triggering many record low temperatures in many states. On Feb. 19 at 16:40 UTC (11:40 a.m. EST), the Moderate Resolution Imaging Spectroradiometer (MODIS) instrument that flies aboard NASA's Terra satellite captured a picture of the snowy landscape. The snow cover combined with the frosty air mass made the eastern U.S. feel like the inside of freezer. The MODIS image was...

Back to Story - Help German joins China's ancient warriors Mon Sep 18, 10:27 PM ET A German art student tried to join a Chinese dynasty's army — but he volunteered centuries too late. The 26-year-old man — identified only as "Pablo" or by his Chinese name "Ma Lin" — made a dusty brown suit of armor, a tunic and a helmet, and attempted to blend in with the ancient warriors of the terra cotta army in the western city of Xi'an, the Hong Kong newspapers Ming Pao Daily News and Wen Wei Po reported on Monday.The outfit matched...

Spanish Internet company Terra Lycos has retained investment bank Lehman Brothers to explore a possible sale of its U.S. Internet business, including its flagship Lycos.com Web site, according to a document obtained by CNET News.com. What's new: Terra Lycos has retained investment bank Lehman Brothers to sell Lycos.com in hopes of focusing on its Spanish-language businesses.Bottom line: The sale would unwind the $12.5 billion merger of Terra Networks and Lycos, struck during the height of the dot-com boom. A sale of the unit, which is based in Waltham, Mass., would unwind the $12.5 billion merger of Lycos and Terra Networks,...