Bitcoin recently dropped below the neckline, delivering a significantly bearish signal for the short-term outlook. As of now, BTC faces an important support region at $21K. A pullback to this broken neckline is necessary to confirm the change in Bitcoin’s recent bullish trend. If a pullback occurs, the price will potentially enter a mid-term downward …
Category: Traceability
Mar 09 2023
Here’s When Amazon Plans to Supposedly Launch its NFT Marketplace
Amazon is reportedly preparing to enter the world of non-fungible tokens (NFT) with the launch of its own Marketplace, reportedly scheduled for April 24th. The new ‘Amazon NFT Marketplace’ will offer 15 NFT collections that will initially be available to customers in the United States. One of the most interesting features of this Marketplace is …
Mar 09 2023
Iceland Emerges as the Most Stable Bitcoin Mining Jurisdictions (Report)
Iceland has emerged as the world’s largest hash rate producer per capita. Owing to cheap electricity, Iceland is one of the first countries to see industrial-scale Bitcoin mining. The Icelandic bitcoin mining industry is estimated to consume nearly 120 MW, equating to a share of 1.3% of the global hash rate production. There are other …
Mar 09 2023
Bosnian Authorities Bust Group Selling Fake Diplomas
Bosnia and Herzegovina’s State Investigation and Protection Agency (SIPA)18 locations across the country on Tuesday and Wednesday as part of the Klaster (Cluster) operation. SIPA said it seized “75 student files, registry books and other business documentation, 165,000 convertible marks (US$89,300) in cash, computers and other items that could be used as evidence” Bosnian daily …
Mar 08 2023
Mexico’s Top Cop Convicted of Accepting Millions from Sinaloa Cartel
Genaro García Luna was Mexico’s former secretary of public security. He was accused of accepting millions in bribes from the very cartels he was tasked with dismantling. A U.S. federal court found him guilty on all five counts, including conspiracy to smuggle tonnes of cocaine into the United States. The bribes he accepted garnered him …
Mar 08 2023
Republican Congressman Tom Emmer Introduces Bill to Ban Fed’s CBDC
Emmer is known for its efforts to boost crypto adoption and promote the growth of the industry. He has been in favor of and has also about the way the government handled the arrest of Sam Bankman-Fried. The bill prohibits the Fed from issuing a CBDC directly to anyone, prevents it from using aCBDC to …
Mar 08 2023
Stacks (STX) Soars Another 12%, Bitcoin Flat at $23K: Weekend Watch
Bitcoin dropped by roughly $1,000 and marked a multi-week low beneath $23,000. The altcoins are also quiet today, given the trading volumes, aside from the likes of Stacks and Lido Dao, both of which are up by impressive percentages. Bitcoin tried its hand at taking down $25,000 three times in the past 10 days or …
Mar 08 2023
GI-TOC: Organized Crime in Ukraine and Russia Split Since the Invasion
Before the war, the two countries “controlled a lucrative transnational smuggling highway,’ GI-TOC said. Corrupt officials and crime bosses siphoned off millions from Ukraine’s status as a transit country for Russian gas into the West. Now, however, the year-long invasion has made collaboration between Russian and Ukrainian organized crime groups all but impossible and longstanding …
Oct 13 2022
Mt. Gox Creditors Have Until January 2023 to Select a Repayment Method
Mt. Gox creditors could be one step closer to reclaiming their funds after nearly a decade of waiting. This is as the Rehabilitation Trustee has released a deadline for them to select their preferred repayment method. “Bitstamp is pleased to announce that we are supporting the rehabilitation process for Mt. Gox creditors. Rehabilitation creditors who …
Jan 19 2022
OpenSea Acquires Dharma Labs to Explore Fiat for NFTs
On January 18th, OpenSea announced that it had acquired Dharma Labs for an undisclosed amount. The world’s top NFT marketplace was recently valued at $13.3 billion following its latest funding round. Sources at the 2017-founded firm told Reuters that deal would help it “dramatically improve the experience of buying, minting, and selling NFTs” on its platform. Axios …