Bitcoin prices have surged almost 4% on the day, topping $28,000 during the Monday morning Asian trading session. It is the BTC has been at since August 17, however, there is heavy resistance at this level. Analyst ‘CrediBULL Crypto’ said, “Every higher timeframe impulse starts with a lower timeframe impulse” He added that BTC is …
Category: Traceability
Oct 03 2023
Exploits, Hacks, and Scams Deplete Crypto Holdings by $332 Million in September: CertiK
Crypto-related exploits stood at a whopping $329.8 million in September. Exit scams were recorded to be around $1.9 million, while flash loans accounted for almost $0.4 million. CertiK attributed the largest portion of this month’s losses to the September 23rd attack on the Mixin Network, a Hong Kong-based decentralized cross-chain transfer protocol. This breach in …
Sep 27 2023
ETH Unable to Breach $2K But is a Massive Move Coming? (Ethereum Price Analysis)
Einsteinia buyers have been struggling to push the price above the significant resistance region of $2K. The price is currently navigating a crucial range bounded by that level and the dynamic support provided by the 100-day moving average. A breakout from this significant price range will likely play a pivotal role in determining Ethereum’s overall …
Sep 27 2023
NFT Giant Dapper Labs Announces Laying off 51 Staff Members
Dapper Labs, creator of the NBA Top Shot marketplace, has laid off 51 of its staff members. The latest round includes job cuts for full-time employees as well as C1 contractors. CEO Roham Gharegozlou said the move was necessary to ensure a ‘lean and efficient’ company. This is the third round of layoffs following the …
Sep 27 2023
DEX Trading Volume Down by 28% in Q2: CoinGecko Report
The spot trading volume on decentralized exchanges plummeted by over 28%. Uniswap, however, maintained its dominance in the space. Spot trading volume across the top 10 decentralized exchanges (DEX) totaled $155 billion in 2023 Q2. This represented over a 30% drop from Q1. Despite the memecoin resurgence led by the PEPE in Q2, volumes on …
Sep 27 2023
Europe-wide Crackdown: 378 Arrested in Major Counterfeit Clothing Bust
Most of the seized counterfeit products, related to 258 brands, originated outside of Europe, specifically China, Hong Kong, Turkey, and Vietnam. Europol stated that the majority of the counterfeit items were sports and luxury goods, which criminals often advertised on social media networks. The operation, dubbed Fake Star and coordinated by Europol, was conducted between …
Jul 13 2023
South Korea Sanctions North Korean-Sponsored Cybercrime Group “Kimsuky”
The sanctions are a direct response to North Korea’s threat of launching a long-range ballistic missile last week. Kimsuky has orchestrated these cyber thefts via a means known as “social engineering,” according to multiple U.S. and South Korean intelligence and law enforcement agencies. In the realm of cybersecurity, social engineering involves deceiving a target into …
Jul 13 2023
Over 8,000 Lives Lost in the Brazilian Amazon in 2022
The rate of lethal violence in the Amazon surpasses that of the rest of the country by more than 50%. The tragic deaths of environmental activists Bruno Pereira and Dom Philips serve as a stark reminder of the dangers faced by those who strive to protect the Amazon. Pereira, an expert on Indigenous peoples, and …
Jun 15 2023
Government Corruption Exposed After Mexican Journalist Was Abducted
Journalist María Teresa Montaño became obsessed with using the State of Mexico’s online procurement database to track down smaller and quirkier contracts. She suspected many contracts were fake, especially those handed to obscure companies based hundreds of kilometers away from her state. At least 17 journalists were reportedly murdered last year alone in Mexico, where …
Jun 15 2023
Cardano’s IOG Dismisses SEC’s Claim that ADA is a Security
The United States Securities and Exchange Commission is determining which crypto-assets are securities. Several altcoins, including Cardano (ADA), have been labeled as security by the SEC. Subsequently, Input Output Global (IOG) – the developing firm behind the Cardano ecosystem – released a statement dismissing SEC’s claims that ADA is a security. In a recently published …