Did Israel win today’s battle, but blow their chance at winning the crypto war? The recent hack of Iran’s Nobitex exchange, attributed by the pro-Israel group Predatory Sparrow to the hacktivist collective, is currently front-page news. Instead $90 million disappeared into the digital ether, money purportedly associated with the IRGC,...
Nobitex, Iran’s largest cryptocurrency exchange, was the target of a particularly destructive cyberattack. Hackers made off with millions of dollars in stolen cryptocurrency during the attack. An Iranian cyber-hacking group, Gonjeshke Darande, or Predatory Sparrow, took credit for the attack, ostensibly a pro-Israel hacking group. The cyberattack took place against...
Ninety million dollars vanished. Poof. Gone. An alleged pro-Israel hacking group named Predatory Sparrow executed a series of crypto on-chain transactions. They particularly went after Iran’s largest crypto exchange, Nobitex. The justification? Nobitex’s rumored connections to the IRGC, a Treasury-designated terrorist organization.Is it ever justified to steal in the name...
The air crackles with geopolitical tension. Israel and Iran. The news is unavoidable, and frankly, unsettling. What does all this entail for your crypto portfolio? Are you prepared for the potential fallout? While I'm not a fortune teller, and definitely not your financial advisor, I've been around the crypto block...
Geopolitical tension, like the recent flare-up between Iran and Israel, adds another level of unpredictability to the international financial picture. Surprisingly, these events are usually followed by a flight to safety as investors try to avoid losing valuable capital in an impending market chaos. Traditional safe havens such as gold...
Crisis breeds opportunity, always. While the headlines are screaming about looming conflict between Iran and Israel, the world’s savviest investors are quietly moving into place to profit from Middle East chaos. Fear controls the reins of the markets, but fear drives creativity and the pursuit of new safe havens. That...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...