Cryptocurrency

Police are investigating the high-profile abduction of Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, who was forcibly taken near University Avenue and Richmond Street on Wednesday evening. Unknown suspects forced Skurka into a vehicle during rush hour, demanding $720k ($1 million Canadian dollars) ransom for his release. The ransom was paid electronically, and […]

Solana, the fourth largest cryptocurrency by market capitalization, has exceeded $200 for the first time since April. This comes after Donald Trump won the U.S. Presidential election setting off green candles throughout crypto markets and prompting the SOL trenches to go into overdrive. Solana (SOL) has climbed 7.5% on the day and 21.1% over the

BlackRock’s iShares Bitcoin Trust (IBIT) has set a new record for its largest single daily inflow since it was listed in January as demand for U.S. spot Bitcoin exchange-traded funds experience surging trading activity amid heightened investor interest. IBIT pulled in a total of $1.12 billion on Thursday, beating out its prior October 30 record

North Korean state-sponsored hackers expanded their arsenal, launching a new campaign dubbed ‘Hidden Risk’ that seeks to infiltrate crypto firms through malware disguised as legitimate documents. In a Thursday report, hack research firm SentinelLabs connected the latest campaign to the notorious BlueNoroff threat actor, a subgroup of the infamous Lazarus Group, known for siphoning off

Detroit is set to become the largest U.S. city to accept crypto for tax and fee payments, an initiative aimed at positioning the city as a tech-friendly hub and fostering economic growth.  Starting mid-2025, residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform, the city announced Thursday.

Block, Inc. is doubling down on its bitcoin mining hardware business as President-elect Donald Trump’s presidential win opens the crypto industry to a potentially more favorable environment for the crypto mining sector. The payments and blockchain infrastructure company led by Jack Dorsey announced in a published shareholder letter Thursday that it would reallocate resources to

You’re mad about the election results; we get it. But guess who else is seeing red? Monkeys. On Wednesday, authorities in Yemassee, South Carolina, issued an alert that more than 40 rhesus macaque Monkeys had bolted from the Alpha Genesis research facility and vanished. That’s right, a whole crew of disgruntled primates is now on

Solana (SOL), the fourth-biggest crypto by market cap, is now worth $200 per coin for the first time in seven months, breaking the barrier shortly after Bitcoin set another new all-time high price. SOL is now trading hands for $200, according to Coinbase data. That’s a rise of about 7% in 24 hours. It is

Crypto exchange Coinbase said Thursday its wrapped Bitcoin product, cbBTC, has launched on Solana following its debut in September as it seeks to broaden its use outside the Ethereum ecosystem. Representing the first token issued by the San Francisco-based exchange on Solana, Coinbase said that cbBTC will take the form of a so-called SPL token.

A French multinational corporation has been targeted by a ransomware group that couldn’t help but play to national stereotypes, demanding to be paid in baguettes.  The gang said it wants $125,000 worth of the French bread, or it will leak from 40GB worth of stolen private data from Schneider Electric. A media report claims that