A major data breach at Reading Cooperative Bank (RCB), a Massachusetts-based bank with $1.2 billion in assets, has exposed the sensitive information of 24,041 customers. How it Happened The breach, which occurred between August 8th, 2024, and January 31st, 2025, was caused by a phishing attack. A bank employee clicked a malicious link in a…
A seasoned crypto trader, known for accurately predicting past Bitcoin market peaks and troughs, believes Bitcoin (BTC) is nearing the end of its current downturn. Following the Yellow Brick Road (to $74,400?) This analyst, who goes by the pseudonym “Dave the Wave,” points to Bitcoin’s interaction with its 365-day simple moving average (SMA) as a…
Solana creator Anatoly Yakovenko recently stirred the crypto pot with some controversial comments about Bitcoin. He doesn’t see Bitcoin as having any real value, but rather as a kind of insurance policy. Bitcoin: Insurance Against Global Collapse? Yakovenko’s take is that Bitcoin is only useful if a major world power collapses. He figures there’s about…
Bitcoin’s recent price drop has everyone on edge. While some fear the bull run is over, interesting data suggests a potential turnaround might be near. The Current Situation: Below $90K and Feeling the Pressure Bitcoin is currently trading below $90,000. Many investors are worried we’ve seen the peak of this cycle, and the recent price…
The Swiss National Bank (SNB) has firmly rejected adding Bitcoin to its reserves. The bank’s president, Martin Schlegel, explained why. Too Risky, Too Volatile Schlegel’s main concern? Bitcoin’s wild price swings. He says Bitcoin doesn’t meet the SNB’s need for stable, reliable assets for managing the country’s money. The possibility of sudden, massive crashes makes…
The Ethereum Foundation (EF), a major non-profit in the crypto world, has announced some big changes to its leadership team. They’re now going with a two-person leadership model, likely in response to community feedback about recent challenges facing the ETH ecosystem. New Co-Executive Directors Take the Helm The EF has appointed Hsiao-Wei Wang and Tomasz…
The crypto world is constantly evolving. Even during market dips, new projects are popping up and thriving. Let’s look at some exciting examples: Beyond Bitcoin Mortgages: New Crypto Projects Taking Off Companies like Milo (crypto mortgages) and Lava (Bitcoin lending) are showing how crypto is being used in everyday finance. But that’s not the whole…
Blockchain technology is rapidly changing how we handle money and investments. It’s impacting everything from everyday transactions to complex financial systems. Understanding Blockchain’s Power At its heart, blockchain is a digital record book shared across many computers. This makes it super secure and transparent. Unlike traditional systems that rely on banks and other middlemen, blockchain…
MetaMask, the popular Ethereum wallet, is expanding its capabilities. Get ready for native Bitcoin (BTC) and Solana (SOL) support later this year! Solana Coming Soon Solana support is slated for May. This is a big deal because it’s MetaMask’s first foray into supporting a blockchain that doesn’t use the Ethereum Virtual Machine (EVM). This means…
T-Mobile is handing out a whopping $350 million to customers affected by a huge data breach in 2021. The settlement follows a class-action lawsuit. Who Gets Paid and How Much? The breach exposed the personal info of around 76 million people, including names, Social Security numbers, and birth dates. Payments start in April. Significant Losses:…
