Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Topics - Kemarit

Pages: [1]

News related to Crypto / Bitcoin Futures Open Interest Hits Record $37.55 Billion

« on: March 30, 2024, 12:02:56 AM »

And so institutions are not yet done,

Quote

On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors.

https://news.bitcoin.com/bitcoin-futures-open-interest-hits-record-37-55-billion-with-cme-leading-the-pack/

So that is a big number to see and with this kind of interest to the market, this bull run might be very different. I mean obviously, it has change the cycle, as we reach new all time high pre-halving. But with this kind of enthusiast from whales and Wall Street, we could really be in for at least 6 digits as our new all high this bull cycle.

News related to Crypto / UN experts investigate 58 cyberattacks worth $3 bln by North Korea

« on: February 12, 2024, 12:52:02 AM »

UN experts investigate 58 cyberattacks worth $3 bln by North Korea

Quote

UNITED NATIONS, Feb 7 (Reuters) - United Nations sanctions monitors are investigating dozens of suspected cyberattacks by North Korea that raked in $3 billion to help it further develop its nuclear weapons program, according to excerpts of an unpublished U.N. report reviewed by Reuters.
"The Democratic People's Republic of Korea (DPRK) continued to flout Security Council sanctions," a panel of independent sanctions monitors reported to a Security Council committee, using North Korea's formal name.

https://www.reuters.com/technology/cybersecurity/un-experts-investigate-58-cyberattacks-worth-3-bln-by-north-korea-2024-02-08/

I think we are all aware that North Korea have been involved in a lot of hackings in the last couple of years. Just wondering though why would the UN just by now, would investigate it when there are proved that indeed Lazarus group and its sub umbrella within inside the country are all over the world of crypto and taking on projects, exchanges and looking at loopholes and then stealing everyone.

And what do you think the effects of the sanction?

For me? None obviously, and there economic sanctions are not going to be effective if they continue to their hacking and have billions of dollars at their disposal.

What are your thoughts on this?

News related to Crypto / Coinbase officially ends Bitcoin SV support

« on: February 05, 2024, 03:24:59 AM »

https://twitter.com/CoinbaseAssets/status/1753776964173803728

And so Coinbase officially ends Bitcoin SV support.

Good riddance though, I remember back when there was a rift between the community and obviously, they have challenge Bitcoin and they even claim to be the real Satoshi Bitcoin.

Anyhow, the market has spoken and there could be exchange that will also sunset their support to this coin.