A judge in federal court for the Northern District of California dismissed a class-action lawsuit by users against Apple who downloaded a fake Toast Plus app from the App Store. The lawsuit against Apple was filed last fall on behalf of plaintiff Hadona Diep. The woman claims to have downloaded the malicious app Toast Plus, […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
Uniswap Won’t Support PoW Forks After Ethereum Merger
Decentralized exchange Uniswap has said it fully supports Ethereum’s transition to Proof-of-Stake (PoS) as a method to reduce the environmental impact and scale the blockchain. Uniswap announced that after the merger, Ethereum does not intend to support its forks based on the Proof-of-Work (PoW) algorithm. The project team also warned users that when implementing The […]
Dan Morehead: “Bitcoin is preparing for another rally”
Dan Morehead, CEO of Pantera Capital, believes that soon the cryptocurrency “winter” will come to an end, and the bitcoin rate will rush up – it will grow by about 2.5 times in a year. In an interview with Bloomberg, Dan Morehead said that Bitcoin is preparing for a new bull run. Despite the long […]
Better than a bank deposit: how much can you earn on cryptocurrency staking
Savings in bank deposits continue to depreciate. Cryptocurrency staking can become an alternative to deposits. The trend of depreciation of savings stored in banks is typical not only for Russia, but also for Ukraine, Belarus and a number of other countries. In September, the average rate on deposits in Russian banks ranges from 5% to […]
Fraudsters launched a fake broadcast about cryptocurrency on Apple’s YouTube channel
Cryptocurrency scammers attempted to exploit the Apple LIVE YouTube channel by launching a fake livestream on behalf of the company to lure viewers into a crypto asset scam. According to media reports, tens of thousands of YouTubers watched a fake video in which scammers used social engineering techniques to draw attention to a cryptocurrency scheme. […]
South Korea to launch digital securities market
The Financial Services Commission (FSC) of South Korea announced plans to launch a digital securities market to institutionalize and promote cryptocurrencies in the country. The regulator said in a statement that it will be a financial instrument that has nothing to do with the Korean Composite Share Price Index (KOSPI). The digital securities market will […]
Vermont Regulator Accuses Celsius of Pyramid Scheme
The Vermont Department of Financial Regulation has filed a court filing accusing cryptocurrency lending service Celsius of operating in a pyramid scheme. The regulator asked the court to appoint a special representative to participate in the Celsius bankruptcy case. However, shareholders of the service objected to this proposal and demanded to reduce the cost of […]
US Federal Reserve Vice Chairman Calls for Strong Regulation of Stablecoins
US Federal Reserve Vice Chairman Michael Barr, amid a wave of defaults caused by the collapse of Terra, demanded that Congress develop regulation for stablecoins. During his speech at the Brookings Banking Policy Institute’s annual Clearinghouse Conference, Michael Barr stated that he takes a tough stance on the regulation of cryptocurrencies. “I believe that Congress […]
Hive Blockchain is testing the mining of various coins using video cards
Mining company Hive Blockchain has begun testing its equipment for mining various coins – the company is looking for a replacement for ether, which will be impossible to mine after switching to PoS. Hive Blockchain reported that the total capacity of video cards at its disposal is 21.5 MW, which is 16% of the company’s […]
Voyager Digital will sell the rest of its assets at auction
The cryptocurrency lender will sell the remainder of its assets at auction on September 13, according to a statement from the courts overseeing the Voyager Digital bankruptcy process. Bankrupt crypto lender Voyager has revealed that a private auction will take place on September 13 at the New York office of investment bank Moelis & Company. […]
