Apr 07 2024
Bitcoin has dropped hard to a ten-day low of under $65,000. The alternative coins are also well in the red, and the total crypto market cap has lost over $100 billion daily. Monday began on a high note as BTC soared from $67,000 after retracing on Sunday evening to over $70,000 to register a new …
Apr 07 2024
Andreessen Horowitz (a16z) has invested $100 million in the Ethereum-based EigenLayer. The next largest investment in the platform was a $50 million raise in March during a funding round led by Blockchain Capital. A16z was the sole backer of the funding round, which marks the largest investment ever received in Eigen layer by a wide …
Apr 06 2024
An analyst has found two on-chain paths that would lead the digital asset to $150,000 within the next six months. Onchain Edge discovered that unrealized profits and losses are currently close to the 0.54 level, the same area that marked BTC’s price top in 2019. The Puell Multiple, a BTC valuation tool that examines Bitcoin …
Apr 05 2024
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
Police allege that the seven individuals are part of a larger Bulgarian crime network. They would steal high-value cars in less than a minute, falsify their VIN numbers, and then sell them on the international black market. Spanish authorities discovered that the group was using Madrid and Catalonia as venues to sell vehicles in the …
Apr 05 2024
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 …
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
Authorities intercepted a flight loaded with five bags of methamphetamine in rural Queensland. The flight was traveling from the Bulolo district of Papua New Guinea and was bound for New South Wales, Australia. The woman allegedly facilitated the importation of this drug, the storage of the methamphetamine prior to importation, the purchase of bags for …
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 …