BlockPress

BlockPress

5 ‘insidious’ crypto scams to watch out for this year

While the core technical methods employed in cryptocurrency hacking haven’t undergone a radical transformation, a significant shift towards more sophisticated and deceptive tactics is alarming experts. SlowMist, a prominent blockchain security firm, highlights this concerning trend, with its head of…

Design app Figma discloses $70M Bitcoin ETF holdings in IPO filing

Figma’s upcoming Initial Public Offering (IPO) filing reveals a significant cryptocurrency investment strategy. The company’s disclosure highlights a substantial holding of $69.5 million in Bitcoin Exchange-Traded Funds (ETFs), representing a notable 4.5% allocation of its overall cash and securities portfolio.…

Arizona governor vetoes bill to stockpile seized crypto

Arizona Governor Katie Hobbs recently exercised her veto power, rejecting a legislative proposal designed to establish a dedicated fund for the management of seized cryptocurrencies. This decision effectively blocks a plan that would have allocated the proceeds derived from confiscated…

Crypto sentiment holds steady as Bitcoin drops to $105K

Bitcoin’s recent price fluctuations and the commencement of the traditionally weak third quarter for the cryptocurrency market haven’t dampened overall positive sentiment. Several factors contribute to this sustained optimism despite the volatility. Firstly, the ongoing institutional adoption of Bitcoin continues…