A group with a history of blockchain fraud on platforms such as Magnate, Kokomo and Lendora is launching new programs on Blast. They recently transferred laundered funds worth about $1 million to fund their fraudulent activities.According to a ZachXBT investigator working on the chain, the funds wer...

Published at: 2024-04-15

The Nigerian government found Binance director Nadeem Arjarwalla in Kenya after he escaped from custody and is now taking steps to extradite him back to Nigeria. According to a report by local media outlet Punch, sources in the office of the Nigerian presidency revealed that Arjarwalla went int...

Published at: 2024-04-15

Ethereum users no longer have to worry about losing their initial phrases after a Pectra hard fork - thanks to a new "community recovery" feature that is part of the planned Ethereum Improvement Proposal (EIP) 3074 update.  EIP-3074 was confirmed as a new addition to the Pectra hard fork by Et...

Published at: 2024-04-12

Grayscale's flagship Bitcoin exchange-traded fund (ETF) will lower its fees, the highest of any U.S. Bitcoin spot ETF, but only after the products "begin to mature," - according to CEO Michael Sonnenshein.Sonnenshein said in an onstage interview on April 10 at the Canaccord Genuity Digital Assets Sy...

Published at: 2024-04-12

Investors will soon be able to own a piece of El Salvador's new 4,500-square-foot Hampton by Hilton hotel by purchasing tokenized shares issued on the Bitcoin Tier 2 Liquid Network. The country's first tokenized asset raise will be facilitated by Bitfinex Securities - the first licensed and registe...

Published at: 2024-04-12

Paraguay's senators have halted progress on a proposed ban on cryptocurrency mining introduced last week, with officials now considering the benefits of selling surplus energy from the Itaipu hydroelectric plant to miners instead of exporting it to Brazil and Argentina.The debate will take place at...

Published at: 2024-04-11

The Australian Securities and Investments Commission (ASIC) has appealed its court loss against Finder Wallet, a sister company of Australian fintech company Finder.com, over its "Earn" product, which was found by a federal court last month.ASIC had previously argued that the for-profit Finder Walle...

Published at: 2024-04-11

The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to decentralized exchange Uniswap.On X (formerly Twitter), Uniswap legal director Marvin Ammori confirmed the regulator's April 10 notice. "Today's Wells v. @Uniswap notice is disappointing, but not unexpected from this SEC,...

Published at: 2024-04-11

It's been more than a decade since Bitcoin's quadrennial halving event thrilled early Bitcoin holders, while instilling fear in inefficient cryptocurrency miners. And while some may even secretly hope for an end to profitability cuts (which have even bankrupted companies in the past ), most min...

Published at: 2024-04-10

US Deputy Treasury Secretary Adewale Adeyemo continued to advocate increased enforcement powers for his agency in testimony before the Senate Banking Committee on April 9. During a hearing on combating illicit financing, terrorism and sanctions evasion, Adeyemo outlined three proposed reforms to imp...

Published at: 2024-04-10

Global fintech venture funding has fallen to its lowest level in seven years, with a 16% quarter-on-quarter decline between the fourth quarter of 2023 and the first quarter of 2024. This is despite a reported 11% increase in venture funding across all sectors.  Analyst firm CB Insights recentl...

Published at: 2024-04-10

Decentralized finance company (DeFi) 1inch Network has debuted a new debit card with a function that bridges the gap between cryptocurrency and fiat. The new card was developed in partnership with Mastercard and Baanx. According to a post on the 1inch blog, the new debit cards will feature full...

Published at: 2024-04-09

BTC's 7.6% rise between April 6 and 8 reached an intraday peak of $72,747, sparking widespread speculation about the underlying causes. While some may hastily point to proceeds from spot bitcoin exchange-traded funds (ETFs) as a major factor, this perspective ignores the broader motivations of...

Published at: 2024-04-09

ETH accelerated by 8% in the cryptocurrency spot markets on Monday as public sentiment and optimism among derivatives investors increased.Ethereum prices have risen about 8% in the past 24 hours, with the asset reaching an intraday high of $3722 on April 9, overtaking BTCThis is the highest price ET...

Published at: 2024-04-09

The blockchain data firm observed that Bitcoin ETF volume has not fallen since the asset reached its highest level ever in mid-March, adding : "Investor activity is still well above the tipping point that began in late February after an influx of individual investors. trading has begun," in an April...

Published at: 2024-04-08

Bitcoin's price could double from its current value of $69,000 in just three months, according to analysts' assumption based on a commonly used momentum indicator.A pseudonymous TechDev analyst told his 440,000 X-watchers that Bitcoin has closed two consecutive months above the upper Bollinger band,...

Published at: 2024-04-08

Bankrupt lending company Genesis reportedly transferred some 36 million shares of Grayscale Bitcoin Trust (GBTC) to acquire additional bitcoins in preparation for settling its debts with creditors.According to a recent Bloomberg report on April 2, Genesis liquidated about 36 million GBTC shares, whi...

Published at: 2024-04-08

Ethena Labs, the team behind USDe, has added bitcoin (BTC) as collateral to its dollar-linked synthetic product, hoping to "significantly" increase its current $2 billion supply. As interest in open-ended bitcoin has grown over the past year from $10 billion to $25 million on major cryptocurren...

Published at: 2024-04-05

Decentralized financial protocols in Europe may soon be subject to new regulations as the European Commission evaluates the space. According to Markets in Crypto-Assets (MiCA), the regulatory framework governing digital assets in the region, the European Commission is required to prepare a repo...

Published at: 2024-04-05

Memecoins have sparked a new cryptocurrency craze, attracting investors new to the trade and looking for the next big token to make huge profits. Market analysis platform IntoTheBlock shows that the number of wallet addresses holding memecoin-related tokens for less than 30 days reached a recor...

Published at: 2024-04-05

Bitcoin miner Sphere 3D has denied reports of financial troubles, saying that accusations by its former partner Gryphon Digital Mining are "disingenuous at best." In a court document, Sphere 3D rejected accusations made days earlier by Gryphon before the U.S. District Court for the Southern Distric...

Published at: 2024-04-04

The value of major cryptocurrency exchange insurance funds has risen by more than $1 billion amid the ongoing cryptocurrency bull market. As of April 3, Bitcoin, BNB, Tether and TrueUSD (TUSD) comprising cryptocurrency exchange Binance's Secure Asset Fund for Users (SAFU) have surpassed $2.03 billi...

Published at: 2024-04-04

The former head of legal and compliance for the multibillion-dollar OneCoin scam has been sentenced to four years in prison after admitting that she helped launder millions of dollars.  According to a statement from the U.S. Attorney's Office, 42-year-old Irina Dilkinskaya was sentenced to fou...

Published at: 2024-04-04

Far fewer Bitcoin ( BTC) mining companies will declare bankruptcy in the coming years than in 2022, says Hut 8 CEO Asher Gennot.In an April 3 interview with Bloomberg, Genoot said that the main reason for bankruptcies in 2022 will be companies' excessive debt and lack of preparation for rising energ...

Published at: 2024-04-03

Nick van Eck, son of investment management maestro Jan van Eck, is set to launch a new stablecoin backed by the US dollar, after closing a $12 million funding round. According to an April 2 Bloomberg report, cryptocurrency veterans Drake Evans and Joe McGrady have teamed up with van Eck to build Ag...

Published at: 2024-04-03