Apr 04 2024
Friend.tech investors waive rights to sell tokens to users, granting them full control over the funds. The decentralized social media protocol garnered significant attention last year but has recently experienced a decline. Users have been speculating about a potential comeback, fueled by anticipation of an upcoming airdrop amidst criticism and declining trading activity. The statement …
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
The U.S. blacklisted 10 members of his government and their spouses under the the Global Magnitsky Program for corrupt practices. The new measures replace an older set of sanctions against the Southern African state, which the Biden administration felt were too harmful to the Zimbabwe economy. “The United States remains deeply concerned about democratic backsliding, …
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
The U.S. Securities and Exchange Commission has once more postponed its decision to approve or deny the applications for spot Ethereum exchange-traded funds. The latest delay comes weeks after the agency greenlighted several Bitcoin ETFs that have since gained massive traction. BlackRock’s initial application was lodged in November, with the federal regulator postponing its decision …
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
Bithumb briefly reached an all-time high market share of 72% in early February compared to its main competitor, Upbit. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Upbit and Bithumb, the top exchanges in the country, both saw their trading volumes peak during the …