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Com TW NOw News 2024

Year: 2024

Iran Gives $24 to Anyone Who Types in Illegal Crypto Miners

The head of Iran’s state-owned electricity company said some had misused subsidized electricity to carry out crypto mining activities, putting pressure on the power grid.

Norwegian Wealth Fund Bets on Bitcoin: Analyst Reports Over 100% Rise in BTC Holdings

As Bitcoin adoption gains traction globally among countries and traditional financial institutions (TradFi), Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has emerged as a stealth holder of the largest cryptocurrency on the market. Unexpected Bitcoin Whale? According to…

The value of tokenized US Treasuries is expected to exceed $3 billion by the end of 2024

Greater cryptocurrency adoption and high yields on US Treasuries could see the market cap of tokenized US Treasuries reach $3 billion by the end of 2024.

Circle to soon enable NFC contactless payments for USDC on iPhones, CEO says

Key Points Circle is introducing USDC tap-and-go payments on iPhones soon. Third-party developers now have access to Apple’s NFC chip. Share this article Circle will offer NFC contactless transactions for USDC payments on iPhones, the company’s CEO Jeremy Allaire said…

New Gafgyt botnet variant targets weak SSH passwords for GPU cryptomining

August 15, 2024Ravie LakshmananNetwork Security / Cybercrime Cybersecurity researchers have discovered a new variant of the Gaffeyt botnet that attacks machines with weak SSH passwords to ultimately mine cryptocurrency on compromised instances using their GPU processing power. This indicates that…

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Two-thirds of institutional Bitcoin ETF holders owned or bought more in Q2

44% of asset managers increased their Bitcoin ETF holdings, while 22% maintained their positions, which was a “pretty good result,” according to Bitwise’s investment director.

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