Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) are experiencing notable price surges, each seemingly driven by increased whale activity. This week, transactions exceeding $100k on these networks have more than doubled compared to their average figures for 2024. According to Santiment’s latest, the surge in large transactions indicates heightened interest from large-scale investors, contributing …
Category: Economic & Financial Crime
Jun 08 2024
Kenya Holds Hearings on British Army Abuses
British Army Training Unit in Kenya (BATUK) accused of mistreatment, torture, unlawful detention, and killings. Three days of hearings to be held by the Kenyan government until Thursday to “investigate the allegations of human rights violations’ by the BATUK. After years of grievances, the Committee on Defense, Intelligence, and Foreign Relations was fina fina after …
May 14 2024
Turkish Cypriot Authorities Arrest 4 in Fake Diploma Scandal
The four faced the judge on Friday. Secretary-General and Director Serdal Gündüz, Vice-Dean and lecturer Serdal Işiktaş, and the head of the international office, Amir Shakira, are charged with larceny, forgery of documents, and circulation of forged documents. Police officer Ortunç Özbaylı told the court that Ilık has fake graduate and post-graduate diplomas from the …
May 10 2024
Top 5 Cryptocurrencies Closest to Breaking Their All-Time High
Bitcoin has had a phenomenal year, as well as an extraordinary run in the last quarter of 2023. The price is currently trading above $52K, increasing by a whopping 17% in the past week alone. In the past 30 days, BTC is up by more than 22%, while its yearly gains stand at a massive …
Apr 09 2024
Vitalik Buterin Anticipates Ethereum’s Verkle Trees Upgrade, Hints at AI Integration
Vitalik Buterin has taken to social media to express his anticipation for the imminent integration of “Verkle trees” onto the Ethereum blockchain. He emphasized that this advancement will enhance the functionality of staking nodes, decrease disk space requirements, and elevate the overall user experience. Describing them as a crucial step forward for the blockchain, he …
Apr 08 2024
Chainalysis: YoMix Emerges as Top Bitcoin Mixer After Tornado Cash, Sinbad Shutdowns
Chainalysis revealed that a wallet linked to North Korean hacking operations received funds from YoMix, whereas it used to receive funds from Sinbad. YoMix experienced significant growth in 2023, with inflows increasing by more than five times throughout the year. According to Chainalysis data shared with , approximately one-third of all YoMix inflows originate from …
Apr 08 2024
Ethereum’s Dencun Upgrade Set to Drive Near-Zero Transaction Fees
The forthcoming upgrade marks the initial step in Ethereum’s rollup-focused roadmap. This advancement will empower the network to function as a resilient database. The upgrade is poised to reduce costs for layer 2 blockchains to store data on the main network. This cost reduction is expected to be tranatively beneficial to the network’S total addressable …
Apr 08 2024
US Judge Approves Binance’s $4.3 Billion Settlement Deal: Reuters
A U.S. federal judge has approved Binance’s guilty plea and a hefty $4.3 billion settlement deal for violating anti-money laundering (AML) and sanctions laws through its cryptocurrency exchange. The plea and the settlement were accepted on Friday, February 23. The guilty plea comes after a years-long investigation by the DOJ into the leading crypto exchange. …
Apr 05 2024
WOOFi Reports $8.75 Million Loss, Offers 10% Bounty for Return
WOOFi, a decentralized finance platform, experienced an exploit on March 5th that targeted its swap feature on the Arbitrum network. The event resulted in a loss of approximately $8.75 million in crypto assets. The platform said it has initiated efforts to recover these funds and has offered a 10% whitehat bounty to the exploiter. Additionally, …
Apr 05 2024
Bitcoiner Nayib Bukele Re-Elected as El Salvador’s President
El Salvador’s incumbent President Nayib Bukele marked a landslide victory, indicating that he could be re-elected for a second term. In an X post, B Dukele declared himself the winner of the Presidential election, which was held on Feb. 4, 2024. According to the post, his political party, Nuevas Ideas (New Ideas), won with over …