Apr 04 2024
Vitalik Buterin, the co-founder of Ethereum, recently expressed skepticism regarding the prevailing notion of prioritizing simplicity in Layer 1 (L1) blockchains over Layer 2 (L2) solutions. He highlighted the dilemma of choosing between the risks associated with bugs in L1 and L2. Proposing an alternative method, he suggested that it might be worth adding some …
Apr 04 2024
Russian-Swedish national Roman Sterlingov, 35, operated Bitcoin Fog from 2011 through 2021. During that time, the mixer became the go-to darknet hub for cybercriminals seeking to launder their ill-gotten gains. Sterlingov’s program anonymized the identities of buyers and sellers who ran their cryptocurrency through it. This gave them peace of mind that they could obfuscate …
Apr 03 2024
Alba Luz Flórez Gélvez, also known as Mata Hari, is believed to have taken nearly US$50,000 from the Administrative Department of Security. She justified the withdrawals with fake invoices and other documents. The former detective was particularly interested in information about “parapolitics” cases, a term in Colombia referring to cases involving extreme right-wing illegal armed …
Apr 03 2024
Mudrex intends to introduce U.S. spot Bitcoin exchange-traded funds (ETFs) to target both institutional and retail investors within India. The move comes amid India’s latest government action to tighten offshore crypto exchanges regulation. During its initial phase, the platform will first feature listing four spot Bitcoin ETFs – BlackRock, Fidelity, Franklin Templeton, and Vanguard. The …
Apr 02 2024
Ilya Lichtenstein, the man behind the looting of billions of dollars from Bitfinex, is now helping federal prosecutors build a case against Bitcoin Fog, a crypto mixing service. He testified that he used the service about ten times to launder funds. However, he mentioned that the platform was not his main money laundering method since …
Apr 02 2024
Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent by crypto wallets from renowned exchanges like Binance and OKX, which the inclusion of support for the ERC-404 token standard. The Pandora token peaked at $32,427 today, marking a …
Apr 02 2024
El Salvador initiated its Bitcoin purchases in September 2021, when Bitcoin was valued at $51,769. President Nayib Bukele’s Bitcoin strategy was questioned after its value dropped from $69,000 in November 2021 to $16,000 a year later. However, the investment returned to profitability when Bitcoin surpassed the average purchase price of $42,600 in February. El Salvador …
Mar 21 2024
The total cryptocurrency market capitalization stands at $2.057 trillion. Bitcoin’s price charted a decline of 2.8% in the past seven days. It was trading above or very close to $52K for quite a while during the past week. It attempted to solidify above $3K on a few occasions, but the bulls were unable to upkeep …
Mar 20 2024
Scam Sniffer reports $55 million worth of cryptocurrency was stolen in January. Scammers set up more than 11,000 phishing websites. Most of the thefts occurred on the Ethereum mainnet. These scams have impacted around 40,000 individuals, according to Scam Sniffser. The thefts occurred after a series of airdrops on the mainnet in the previous month. …
Mar 18 2024
Hungary’s freedom of the press has been under direct fire since Prime Minister Viktor Orban came into power in 2010. Attacks by Orban’s administration against independent media have prevented the public from accessing pertinent information, Human Rights Watch said. The organization has called on EU lawmakers to take action against the Hungarian government’s efforts to …