Iran Hacks U.S. Servers So It Can Mine Cryptocurrency

Hackers from the sanctioned nation of Iran have allegedly hacked several servers of the United States government as a means of installing software to mine digital currencies. These hackers also allegedly sought to steal various network passwords and compromise the nation’s systems. Iran May Have Compromised the U.S. It is believed that hacking attempts by Iran may have started back […]

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Here’s How The SEC Plans To Crack Down Harder On Crypto Firms

This year has been filled with a great deal of activity throughout the cryptocurrency world. We witnessed the collapse of Terra, the failure of other crypto firms, a meteoric rise in the number of scams and crimes involving cryptocurrencies, and most recently, the infamous downfall of FTX. The Securities and Exchange Commission (SEC) was never a particularly big supporter of […]

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Brazilian president signs crypto bill into law

Jair Bolsonaro, the President of Brazil set to leave office on Dec. 31, has signed off on a bill aimed at legalizing the use of crypto as a payment method within the country. In a Dec. 22 publication of the official journal of the federal government of Brazil, Bolsonaro’s office said the president had signed bill 14.478 into law following […]

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Third parties could return FTX funds directly to customers: Law firm

More than one million creditors of failed crypto exchange FTX have been waiting to be made whole since before the firm’s bankruptcy filing on Nov. 11, but according to one expert, recipients of donations and contributions may have a legal means of returning the funds directly to investors and customers.  Louise Abbott, a partner at United Kingdom-based firm Keystone Law, […]

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