Crypto

In a significant development for global law enforcement efforts, a Russian court has imposed a life sentence on Stanislav Moiseev, the alleged mastermind behind Hydra, an infamous online marketplace for illegal drugs, alongside a hefty fine of four million rubles (approximately $37,500). The court’s decision underscores the growing urgency to crack down on digital drug
0 Comments
Cryptocurrency has increasingly captured the attention of global financial markets, government entities, and retail investors alike. A notable recent event that has illustrated this trend is the U.S. government’s transfer of a significant amount of cryptocurrency seized from the infamous FTX and Alameda Research collapse. This development opens up discussions around governmental activities in the
0 Comments
In a noteworthy move within the cryptocurrency industry, Foundry Digital, a leading Bitcoin mining pool, has announced a substantial reduction in its workforce, cutting 27% of its team, which translates to approximately 74 employees. This decision, reflective of a strategic pivot towards more essential operations, highlights the company’s intention to recalibrate its focus specifically on
0 Comments
In December 2023, a noteworthy incident involving Ethereum developer Eric Connor showcased the shortcomings of centralized digital currency exchanges. Connor experienced a frustrating account lockout while attempting to send $25,000 USDC, sparking discussions about the inherent challenges connected with using centralized platforms in the realm of decentralized finance. His quip about CEO Brian Armstrong’s commitment
0 Comments
One prevalent belief in the crypto community is the notion that HODLers—those committed long-term investors—never sell their Bitcoin. However, as highlighted by on-chain analyst James Check, this assumption is a considerable misconception. While HODLers play a vital role in the market by providing stability through their long-term holds, they do engage in selling their holdings.
0 Comments
As it stands, Bitcoin (BTC) is fluctuating within a defined range, specifically between $94,000 and $96,000. However, curiously enough, blockchain analytics platforms, including CryptoQuant, are signaling that Bitcoin might be on the cusp of a significant breakout. This anticipation is not merely speculative; it’s grounded in compelling on-chain data that suggest a potential surge in
0 Comments
In a remarkable shift in the cryptocurrency landscape, Bitcoin has experienced outflows amounting to an astonishing $457 million over the past week. This marks the most substantial withdrawal since early September and has raised eyebrows across the investment community. Analysts at CoinShares have interpreted this as a likely instance of profit-taking as Bitcoin neared the
0 Comments
When RTFKT emerged on the digital horizon in 2020, it quickly became a beacon for innovative design in the realm of non-fungible tokens (NFTs). The company, initially focused on creating virtual sneakers and avatars, captured the imaginations of both collectors and sneaker enthusiasts alike. With $8 million in initial investments from big-name backers, including Andreessen
0 Comments