Category: Crypto
-
Lessons From The Fall of Charlie Shrem: Bitcoin’s First Felon
•
Charlie Shrem, once a rising star in the Bitcoin world, has become the first high-profile figure to face prison over his involvement in cryptocurrencies. As the founder of BitInstant, one of the oldest and most influential Bitcoin exchanges, Shrem played a pivotal role in the early adoption of Bitcoin. However,…
-
Why is Polygon Busy But Not Making Money?
•
Polygon (MATIC), a layer 2 scaling solution for the Ethereum blockchain, finds itself in a curious situation. Recently Data from my path It paints a picture of a network brimming with activity – with daily active addresses rising by almost 120%, new user registrations increasing by 70%, and daily transactions…
-
Why is Polygon Busy But Not Making Money?
•
Polygon (MATIC), a layer 2 scaling solution for the Ethereum blockchain, finds itself in a curious situation. Recently Data from my path It paints a picture of a network brimming with activity – with daily active addresses rising by almost 120%, new user registrations increasing by 70%, and daily transactions…
-
Former Investment Banker Receives 41-Month Sentence for Crypto Fraud
•
Rashawn Russell, a former investment banker, was sentenced to 41 months in prison for cryptocurrency-related wire fraud and access device fraud. Russell was sentenced in Eastern New York District Court in Brooklyn after pleading guilty in September 2023. Former $1.5 Million Cryptocurrency Banking Fraud Prosecutors Hinge Russell began soliciting investments…
-
How The Memecoins Rank In Daily Users
•
Here’s how Dogecoin (DOGE) and Shiba Inu (SHIB) compare to the top coins in the cryptocurrency sector in terms of “active addresses.” Dogecoin and Shiba Inu compare to others in number of active users In new mail On X, market intelligence platform IntoTheBlock shared a chart revealing where the top…
-
How The Memecoins Rank In Daily Users
•
Here’s how Dogecoin (DOGE) and Shiba Inu (SHIB) compare to the top coins in the cryptocurrency sector in terms of “active addresses.” Dogecoin and Shiba Inu compare to others in number of active users In new mail On X, market intelligence platform IntoTheBlock shared a chart revealing where the top…
-
Japanese Exchange DMM Bitcoin Hacked for Over $300 Million in BTC
•
Today, major Japanese cryptocurrency exchange DMM Bitcoin reported a major security breach that resulted in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 pm and involved unauthorized access to the exchange’s wallet. In an official statement, DMM Bitcoin said that measures…
-
Only 8 Altcoins Have Broken ATH Vs Bitcoin Since FTX’s Collapse
•
During this bull cycle, the cryptocurrency market has been surfing the top of Bitcoin and enjoying the upward momentum. However, investors are hoping for a seismic explosion to push altcoins to new highs. Related reading While the cryptocurrency industry waits, online reports have revealed that since the fall of FTX,…
-
Redemption Or Deception? ZKasino’s Controversial Refund Offer
•
Cryptocurrency gambling platform Z Casino It has been at the center of major controversy over the past few months, with allegations of massive “rug pulling” that saw the platform walk away with more than $30 million in user funds. However, in a surprising turn of events, it has now announced…
-
Redemption Or Deception? ZKasino’s Controversial Refund Offer
•
Cryptocurrency gambling platform Z Casino It has been at the center of major controversy over the past few months, with allegations of massive “rug pulling” that saw the platform walk away with more than $30 million in user funds. However, in a surprising turn of events, it has now announced…
-
EOS Network Foundation to cap token supply at 2.1b
•
Yves La Rose, CEO of the EOS Network Foundation, announced that the community’s proposal to limit the EOS supply to 2.1 billion tokens and burn the excess has been approved. Once implemented, the proposal would burn approximately 80% of the total EOS supply, primarily from future emissions, setting a fixed…
-
Ethereum’s Vitalik Buterin Donates 30 ETH to Support Tornado Cash Devs’ Legal Defense
•
Ethereum co-founder Vitalik Buterin has donated 30 ETH, worth approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through decentralized fundraising platform Juicebox. According to on-chain data, practical From an address associated with Buterin, called Vitalik.eth, sent at 1:58 AM EST on May…
-
You Won’t Believe How Many Bitcoin Millionaires Are Being Created Every Day
•
Bitcoin It has seen a notable rise in prices since the beginning of the year, thanks in large part to the arrival of 2024 The bull ran for this market cycle. This rise in the price of Bitcoin has led to a huge amount of… Millionaire bitcoin wallets They are…
-
Solana-Based Dogwifhat Reaches Critical Level That Could Lead To Catastrophic Crash
•
Cryptocurrency analyst Crypto Jack suggested a meme based on Solana Dujoyvat (WIF) It may soon witness a catastrophic collapse. He pointed out what needs to happen to the meme coin to avoid such a significant price drop. How the price of Dogwifat could collapse dramatically Crypto Jack mentioned in an…
-
Sinking And Rebounding As Trump Got Convicted On All 34 Counts.
•
The cryptocurrency space has long been associated with the political landscape, and recent developments surrounding the Trump token have once again highlighted this connection. As the world watched the legal drama unfolding for former US President Donald Trump, the token bearing his name found itself on a rollercoaster ride, reflecting…
-
You can’t argue with Bitcoin’s success
•
Martin expressed optimism about Bitcoin ETFs, highlighting their potential and the resources they already bring to Wall Street. Len Martin, president of the New York Stock Exchange Group, expressed this optimism at the 2024 Consensus when asked about the launch of Bitcoin (BTC) ETFs and the potential they hold for…
-
Big Week for Spot Bitcoin ETFs, Meme Coin Mania Reaches Celebrities, and More: This Week’s Crypto Recap
•
News and developments on the spot Ethereum ETF front dominated the previous week, while Bitcoin ETFs dominated the current week. After the launch of all U.S. Bitcoin ETFs in early January, it was almost inevitable that BlackRock’s product would overtake Grayscale’s, which had already converted from the previous BTC Trust.…