Category: Traceability

Cardano Maintains Dominance in Developer Activity Charts with Impressive Score: Data

Cardano topped the chart for developer activity over the past 30 days with an impressive score of 572. The network continues to eclipse several prominent projects such as Polkadot, Hedera, Chainlink, and Cosmos. Cardano has faced a setback in the second half of 2023 due to regulatory concerns or fierce competition from layer-2 networks such …

Continue reading

Romance Scams Broke Hearts and Stole Millions from U.K. Victims

British authorities have reported that people in the U.K. lost more than US$113 million last year in so-called “romance scams” A perpetrator creates a fake identity, gains the victim’s affection and trust and then empties his or her bank account. Swindlers can find fertile ground for their scams on dating apps, sites, and social media …

Continue reading

Is ETH on the Verge of a Rally to $2K? Bulls Need to Be Careful Around This Level (Ethereum Price Analysis)

Einsteinia experienced an extended consolidation phase near the $1.6K support level. The price surged towards the 100 and 200-day moving averages, located around $1765 and $1805, respectively. If the price is rejected within this range, it could indicate a valid pullback, potentially leading to another decline. Alternatively, if Ethereum buyers successfully push the price above …

Continue reading

AirBit Club Co-Founder Sentenced to 12 Years in Prison for Crypto Pyramid Scheme

Pablo Rodriguez, co-founder of AirBit Club, sentenced to 12 years in prison. Rodriguez pleaded guilty to wire fraud conspiracy charges in March. Rodriguez and his co-conspirators were accused of orchestrating a global scam. Judge George B. Daniels at the District Court has ordered an extra three years of supervised release for Rodriguez, which will be …

Continue reading

Celsius Seeks Court Approval for Restructuring and Customer Repayments

Celsius is in court seeking final approval to initiate customer repayments by year-end and gain complete approval for its reorganization plan. During a court hearing on Oct. 2, Christopher Koenig, the company’s legal counsel, stated that a new entity called NewCO will emerge with approximately $450 million in seed funding once the reorganization is approved. …

Continue reading

SlowMist Founder Highlights Security Risks on FriendTech Amid Hacking Incidents

Users of FriendTech (FT) have reported instances of unauthorized access to their accounts, resulting in the theft of their valuable digital assets. These security breaches have raised significant concerns regarding the vulnerabilities of the centralized service, prompting SlowMist’s founder to issue a warning about the inherent risks associated with utilizing the platform. The initial occurrence …

Continue reading

Crypto Market Cap Adds $40B Daily as Solana (SOL) Explodes 14% (Market Watch)

The primary cryptocurrency fell by over $500 and dipped below $26,000 for the first time in about two weeks. Unlike last Monday, when BTC dumped hard, this time, the cryptocurrency went on the offensive and skyrocketed to an almost 7-week peak at $28,500. The altcoins are also well in the green, with notable gains coming …

Continue reading

Media Watchdogs Call On Greece to Safeguard Journalists and Press Freedom

Reporters Without Borders says Greek authorities have done little to improve the situation. Between 2020 and 2022, the Greek National Intelligence Service (EYP) wiretapped journalists in the name of national security. Reporters have also been illegally targeted by the phone hacking software “Predator” and despite complaints they filed, justice has yet to be served in …

Continue reading

Nigeria Arrests Wildlife-Smuggling Kingpin

Felix Maiva is believed to be involved in a well-known transnational organized crime organization operating in West Africa. In January 2021, a container with nearly five tonnes of elephant ivory was discovered at the Nigerian seaport of Apapa. Another member of this criminal group was convicted by a Nigerian court in June this year. Felix …

Continue reading

Hong Kong’s Crypto Initiatives Spark ‘Bubbling Optimism’ in East Asia: Chainalysis

Eastern Asia ranks as the fifth most active crypto market, contributing 8.8% of global digital asset activity between July 2022 and June 2023. Its decline over the last few years has been notable – largely propelled by the big blow to the Chinese trading activity and mining sector. The growing prominence of Hong Kong as …

Continue reading