Category: Crypto
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Alexander Vinnik Pleaded Guilty In $9 Billion BTC-e Crypto Laundering Case
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Image from the internet The cryptocurrency industry, already under scrutiny for money laundering and other illegal activities, is facing renewed attention in the Alexander Vinnik case. The Russian national has pleaded guilty to a massive $9 billion cryptocurrency laundering conspiracy linked to the defunct BTC-e exchange, highlighting the complex challenges…
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ERC-404 and the evolution of NFTs towards standardization and accessibility
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. Since their inception, non-fungible tokens have captured not only the art world, but the broader public consciousness as well. From simply selling digital collectibles for a…
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Top Ripple (XRP) Price Predictions as of Late
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Turkish lire; Dr XRP has remained resilient amid the overall market decline, with analysts anticipating significant future gains. Ripple’s ongoing lawsuit against the SEC could significantly impact the price of the asset, depending on the outcome. XRP Future Forecast The recent correction in the cryptocurrency market, which led to a…
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Whales Spark Rebound With Massive $2.8 Billion Purchase
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The past few weeks have been a rollercoaster ride for Bitcoin investors. Inflation fears and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoins to depths not seen since early 2024. Bitcoin, the world’s leading cryptocurrency, fell to a low of $56,500 this week. , which…
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BlackRock: Sovereign Wealth, Pension Funds Considering Bitcoin ETFs
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Asset management giant BlackRock says it is seeing increased interest in Bitcoin exchange-traded funds from institutional players such as sovereign wealth funds and pension funds. This follows the highly successful debut of BlackRock’s Bitcoin ETF, iShares IBIT, which was approved by the SEC earlier this year. BREAKING: BlackRock says “sovereign…
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Will FOMO Fuel Another Rally Or Lead To A Bust?
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Bitcoin price made a strong comeback on Friday after seeing a significant amount of downward pressure throughout the past week. On Wednesday, May 1, the major cryptocurrency fell below the $60,000 level for the first time in almost two months. On Friday, May 3, Bitcoin price rebounded above the $60,000…
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Bitcoin Is The Native Currency Of AI: Predicts Former PayPal President
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In recent years, Bitcoin has emerged as a transformative force in the finance and technology sectors. Its decentralized nature and potential for disruption have captured the attention of industry leaders, investors, and enthusiasts alike, including David Marcus, former head of PayPal. Marcus believes that Bitcoin can develop into the native…
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Ethereum, altcoins are unregistered crypto securities
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Michael Saylor of Bitcoin Max opined that many alternative cryptocurrencies, such as Ethereum and Ripple, will not achieve institutional acceptance this decade. Michael Saylor, CEO of MicroStrategy, told attendees at the companies’ annual Bitcoin (BTC) event that Wall Street regulators view “everything in the stack” as securities of unregistered crypto…
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Suspect Of ZKasino Rug Pull Arrested
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About two weeks ago, the cryptocurrency space faced another alleged recall. This time, blockchain gambling and casino platform ZKasino was at the center of the accusations, with several investors claiming that their money had disappeared. Despite these allegations, ZKasino continued to publish X updates before disappearing from the public eye…
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6 Reasons To Own Bitcoin In Retirement
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Originally published on Unrestricted.com. Unbound It is the official US collaborative incubation partner of Bitcoin Magazine and the primary sponsor of related content published through Bitcoin Magazine. For more information about the services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. For newcomers,…
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Memecoins Resurgence? POPCAT And MEW Surge 20%
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As the cryptocurrency market settles into this new phase of the cryptocurrency cycle, some meme coins have shown impressive performance over the past couple of days. The popularity of cat-themed tokens increased dramatically during this bull market, with some, such as Cat in a Dog’s World (MEW), making it to…
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Dutch Authorities Arrest Suspect, Seize $12.2M In Crypto Assets
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The Zkasino scam was such a success that Dutch authorities arrested a suspect and confiscated assets worth $12.2 million. The cryptocurrency industry has seen its fair share of scams and fraudulent activities, as projects promising high returns and quick profits often turn into complex schemes to deceive unsuspecting investors. One…
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Crypto user loses $69.3m to address poisoning scammer
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Cryptocurrency scammers have successfully stolen a whopping 1,155 bitcoins wrapped using a technique that tricks users into making malicious transactions. According to the blockchain security provider certec, a cryptocurrency user lost over $69.3 million worth of encrypted Bitcoin (WBTC) due to an address poisoning attack on May 3. Initially, the…
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Former FTX Exec Agrees to Transfer $5.9 Million Bahamas Property in Plea Deal
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Ryan Salama, former co-CEO of FTX Digital Markets, has agreed to transfer his multi-million-dollar holdings in the Bamas as part of a plea agreement in his case. The move comes after Salama pleaded guilty to criminal charges in September 2023, and the plea agreement required him to pay $5.6 million…
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Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows
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Bitcoin price movement can be risky, as it is going through a major corrective phase. However, although $60,000 seems slippery for optimistic bulls, some analysts are optimistic that the coin is ready for a strong rally. Based on the previous price action, analysts assert that the coin will rise above…
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The Institutions Are Coming: The Dawn Of A New Era At This Year’s MicroStrategy World — Bitcoin For Corporations Conference
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“Institutions are coming” Anyone who has been in the Bitcoin space for a long period of time has heard some of the prominent figures in the space utter this phrase. In August 2020, when Accurate strategya US-based business software company, announced that it would be Buy Bitcoin To add to…
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Crypto Analyst Says Cardano “Ready For A Parabolic Bull Run,” Here’s Why
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One analyst explained how if the historical pattern followed by the ADA price is to be believed, Cardano appears poised to launch into a parabolic uptrend. Cardano may be set to launch into an uptrend based on historical trends In new mail On X Day, analyst Ali Martinez discussed the…
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Binance And Indian Law Enforement Agencies Join Hands To Track And Seize $10.5 Million In Crypto Assets
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Binance Indian law enforcement agencies collaborated to crack the scam app called E-Nuggets and tracked the flow of funds to various cryptocurrency exchanges and seized more than $10.5 million in cryptocurrency assets. In a significant move to combat cryptocurrency fraud, the Indian enforcement agency recently collaborated with leading global cryptocurrency…
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Arthur Hayes foresees market bottom, predicts gradual uptrend
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Bitcoin billionaire and former BitMEX CEO Arthur Hayes shared a mix of cautious optimism and strategic moves for Bitcoin following the weekly decline. Hayes’ insights are evident as weekly red candles appear on multiple cryptocurrency charts. These candles reflect the market decline earlier this week, which is thought to be…
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Massive Bitcoin Volatility, Ripple (XRP) Trial, and CZ’s Sentencing: This Week’s Crypto Recap
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Bitcoin price has been on a wild ride for the past seven days. The cryptocurrency is down 4.2% during that period, but that summary doesn’t do the action justice, so let’s dive into it. The market was fairly quiet at the start of the week, trading at around $64,000 with…