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Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...
Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On?
14.5.2024
Two dormant Bitcoin wallets moved 1,000 BTC, worth $60.9 million, raising speculation about market impacts and future Bitcoin price predictions.
The post Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On? appeared first on Cryptonews
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
13.5.2024
Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what he describes as “a time to be alive,” Woo anticipates witnessing a purge of central bank corruption. However, one of Woo’s...
Robert Kiyosaki Advises Preparing for Depression — ‘For Years I Could See This Crisis Coming’
12.5.2024
Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” He added that he could see this crisis coming...
Binance to be under FRA surveillance for next 3 years: Report
11.5.2024
International consultancy firm Forensic Risk Alliance will reportedly closely oversee all compliance activities of cryptocurrency exchange Binance
Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals
10.5.2024
Wells Fargo has bought Bitcoin after once preventing customers from doing the same many years ago.
The post Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals appeared first on Cryptonews
The Xbox Fallout: Breaking Down Microsoft's Worst Gaming Week In Years
10.5.2024
It has been a very bad week for Xbox Game Studios. On Tuesday, May 7, Microsoft announced it would shut down three studios: Redfall developer Arkane Austin, Hi-Fi Rush creators Tango Gameworks, and Mighty Doom studio Alpha Dog Games. On top of this, Roadhouse Games is being absorbed into Elder...
Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme
10.5.2024
Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used the dark web to orchestrate the crime, paying...
US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years
9.5.2024
Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm.
The post US House Proposes Bill to...
Illegal XRP Exchange Operator Jailed for Eight Years in South Korea
9.5.2024
An illegal XRP exchange operator has been sentenced to jail for eight years in South Korea after duping investors out of almost $3.4 million.
The post Illegal XRP Exchange Operator Jailed for Eight Years in South Korea appeared first on Cryptonews
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report
P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of Operation
8.5.2024
In a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven years. The decision, influenced by a mix of internal and external factors, initiates a six-month winding-down process starting from May 7, 2024....
Crypto firms to see more enforcement actions within 2 years — CFTC chair
6.5.2024
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation
Bitcoin Wallet Comes Alive After Over a Decade of Inactivity
6.5.2024
After ten years of inactivity, a Bitcoin wallet has returned to operation, moved 687.33 BTC to private wallet addresses on May 6, sparking speculation about a selloff among bitcoin enthusiasts.
The post Bitcoin Wallet Comes Alive After Over a Decade of Inactivity appeared first on Cryptonews
Crypto CEO’s final verdict: From 25 Years to 4 Months
6.5.2024
The conflict between two leading cryptocurrency figures, Changpeng Zhao, the CEO of Binance, and Sam Bankman-Fried, the CEO of FTX, is finally over, as shown by two significant court rulings in the USA. Zhao’s four-month imprisonment in Seattle brought an anticlimactic conclusion to their...
Satoshi-era dormant Bitcoin address wakes up after 10 years
6.5.2024
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade
Bitcoin Crosses One Billion Transactions After 15 Years
6.5.2024
Over a decade after its creation in 2009, Bitcoin achieves a major milestone by processing its one-billionth transaction as its price rebounds to $64,000 level.
The post Bitcoin Crosses One Billion Transactions After 15 Years appeared first on Cryptonews
Stellar Blade's 'Censorship' Circus, Remembering The First Sonic Trailer Five Years Later, And More Of The Week's Gaming Opinions
4.5.2024
This week, debates raged about supposed censorship in Stellar Blade. We also took a look at the upcoming game from the makers of Life Is Strange, remembered how the first trailer for Sonic the Hedgehog, with its, uhh...unsettling take on the character...broke the internet five years ago,...
Dog, Frog, Seal Or Sloth Coins – Which Low Cap Meme Coin Can Hit $1 In 2024?
3.5.2024
Meme coins are set for a renaissance in the coming months. While their novelty premise has detractors dismissing them as flash-in-the-pan phenomena, several meme coin projects have proven their worth over the years and become the closest thing the notoriously volatile crypto industry has...
10 Years Later, Alien: Isolation Still Looks Incredible
2.5.2024
In celebration of the seminal sci-fi horror movie Alien’s 45th anniversary, Ridley Scott’s film is back in movie theaters. I saw it over the weekend, and even though it’s a movie I’ve seen countless times —on a laptop, on a plane, and on the TV, this was my first time seeing it on the big screen....