Jun 10 2024
Tigran Gambaryan, a high-ranking executive at Binance, has been held by Nigerian authorities for nearly three months. The appeal, led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) and supported by 11 other congressional leaders, demands that the situation be treated as a hostage crisis. In the letter, the lawmakers stated that the Nigerian …
Jun 10 2024
Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. Addresses with over 1,000 BTC now collectively own more than 40% of the total bitcoin supply. This concentration of ownership signals increased confidence and conviction among wealthy investors and institutions in BTC’s future price trajectory as investor sentiment …
Jun 10 2024
SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges. He also responded to Jim Cramer’s inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensller stated that while the SEC had the associated 19-4b filings for spot Ethereum ETFs last month, the launch of these products would “take some time.“Crypto …
Jun 10 2024
Gemini’s bankrupt crypto lending arm has successfully recovered virtually all of its customers’ digital assets. The crypto exchange, founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, announced on Wednesday that Gemini Earn customers had “received $2.18 billion of their digital assets in kind” The announcement was well received by the online crypto community, who applauded …
Jun 09 2024
Keith Gill, known online as “Roaring Kitty,” posted on Reddit that he is holding $181.4 million worth of GameStop (GME) stock and call options. Following his Reddit post, GME, ROAR, and KITTY meme coins gained 315%, 660%, and 477%, respectively. Gill’s combined holdings effectively equate to owning 17 million GameStop shares. At the last trading …
Jun 09 2024
Néstor Isidro Pérez Salas aka El Nini was the leader of the so-called “Ninis,” a group of notoriously violent enforcers for the Chapitos faction of the cartel. The Sinaloa Cartel is widely regarded as one of the world’s most perilous drug trafficking syndicates, notorious for its involvement in the sale of the lethal opioid, fentanyl. …
Jun 09 2024
Mastercard has launched its Mastercard Crypto Credential, facilitating the first peer-to-peer (p2p) pilot transactions. The latest offering will enable users on the Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency. Users across Peru, Chile, Portugal, Argentina, Guatemala, Panama, Mexico, Brazil, Paraguay, Spain, France, Switzerland, and Uruguay will be able to conduct both …
Jun 09 2024
Malicious 911 S5 botnet, which infected over 19 million IP addresses worldwide, enabled billions of dollars in pandemic and unemployment fraud. U.S Department of Justice estimates that over US$5.9 billion was siphoned off through fraudulent unemployment insurance claims and Economic Injury Disaster Loan (EIDL) applications. Chinese national YunHe Wang, a 35-year-old St. Kitts and Nevis …
Jun 08 2024
Fetch.ai, SingularityNET, and Ocean Protocol – collectively known as the “Artificial Superintelligence Alliance (ASI) – announced the finalization of their merger in June. Starting June 11, 2024, FET will be renamed ASI, and the merger will be completed by June 13. Users can begin swapping FET for ASI tokens through a secure token migration contract …
Jun 08 2024
Polkadot’s price has been consolidating over the past couple of months, following a steep decline in early April. On the daily chart, the cryptocurrency has been range-bound inside a rising wedge pattern. This is a classical bearish reversal or continuation pattern that would be validated if the price breaks it to the downside. Meanwhile, the …