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Michael Sullivan predicts Bitcoin to reach $245,000 in 5 years
23.4.2024
In a recent post on X, leading financial expert Michael R Sullivan predicted that Bitcoin’s price would soar to a whopping $245,000 in the next five years. Ten years from now, it will be worth $909,000; by 2039, the value of every coin in circulation will reach an incredible $3.37 million....
Mango Markets Hacker Found Guilty, Faces 20 Years in Prison: Reuters
19.4.2024
Avraham Eisenberg, the notorious Mango Markets hacker, has been found guilty of commodities fraud, manipulation, and wire fraud in a Manhattan federal court. Eisenberg orchestrated a complex scheme to exploit the Solana-based DeFi platform, resulting in the theft of approximately $110 million.
The...
Web3 Funding Sees Uptick in Q1 as Startups Secure Nearly $1.9B: Crunchbase
18.4.2024
Despite Web3’s challenging journey in recent years, funding for the sector bounced back in the first quarter this year. It marks the first increase since the final quarter of 2021, a Crunchbase report published Thursday showed.
The post Web3 Funding Sees Uptick in Q1 as Startups Secure Nearly...
Doom 2's Oldest Speedrun Record Finally Beaten After 26 Years
17.4.2024
The opening level of Doom 2 is very short. Without any practice, most players can easily finish it in less than a minute. But back in 1998, one skilled speedrunner completed the small level in five seconds. And finally, after nearly three decades of people suggesting it was impossible to beat...
Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
16.4.2024
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such...
Bitcoin From Rare 'Satoshi Era' Moves After 14 Years of Dormancy
15.4.2024
The miner earned 50 bitcoin in April 2010 during the network’s early weeks and has held on to the asset so far
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
14.4.2024
A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered...
9 Years After Release, Witcher 3 Fans Are Still Finding Easter Eggs
12.4.2024
There is a lot to do in The Witcher 3, CD Projekt’s Red’s open-world RPG that released in 2015.Many players, including me, spent hundreds of hours with protagonist Geralt exploring every corner of the map, completing every quest, and killing every monster. But it turns out that almost a decade...
Nikolaj Rosenthal, CEO of Myrmidon, on ETH, Staking-as-a-Service, Non-Custodial Staking, and the Ethereum ETF | Ep. 325
12.4.2024
Nikolaj Rosenthal, former ice hockey star and CEO of non-custodial staking provider Myrmidon, discusses his switch from a professional sports player to a crypto entrepreneur, accepting BTC as salary seven years ago, establishing a staking-as-a-service, new chains coming to Myrmidon soon, why ETFs...
Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges
12.4.2024
Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges built on Solana, was sentenced to three years in prison and three years of supervised release by a federal judge on Friday
Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years
11.4.2024
Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market that the launch will begin next year....
Mango Markets Alleged Manipulator To Stand Trial This Week For $110 Million Theft, Used MNGO For Fraud
8.4.2024
The trial of the man accused of stealing an estimated $110 million out of the crypto exchange Mango Markets, Avraham Eisenberg, got underway in Manhattan Monday after he used their crypto token MNGO for fraud purposes. The alleged crypto criminal faces up to 40 years in prison for the scheme.
The...
Hottest Meme Coin on Solana ‘Hump (HUMP)’ Catches Fire with Massive 2500% Surge in 72 Hours
7.4.2024
With the advent of numerous new coin varieties that present investors with the possibility of enormous returns, cryptocurrency has become a very popular topic in recent years.
The post Hottest Meme Coin on Solana ‘Hump (HUMP)’ Catches Fire with Massive 2500% Surge in 72 Hours appeared...
US Court Sentences Onecoin’s Head of Legal and Compliance to 4 Years in Prison
5.4.2024
A U.S. court has sentenced Onecoin’s purported head of legal and compliance to four years in prison. She “facilitated and committed money laundering, aiding in the exploitation of millions of victims,” said U.S. Attorney Damian Williams. The Onecoin legal chief was also ordered...
Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’
4.4.2024
Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack...
OneCoin Compliance Chief Sentenced to 4 Years in Prison for Role in $4B Ponzi Scheme
4.4.2024
Legal Experts Explain Why Sam Bankman-Fried’s 25-Year Prison Sentence Is Fair
4.4.2024
Former FTX customers are finally able to take a sigh of relief knowing that Sam Bankman-Fried has been sentenced to 25 years in prison. Manhattan Federal Judge Lewis Kaplan issued the 25-year sentence to Bankman-Fried, while prosecutors pegged the FTX saga to be one of the biggest financial frauds...
OneCoin Legal Exec Sentenced to 4 Years Over Multibillion Dollar Crypto Scheme
4.4.2024
“Irina Dilkinska's involvement in the sprawling OneCoin pyramid scheme was a flagrant breach of conduct,” says U.S. Attorney Damian Williams.
The post OneCoin Legal Exec Sentenced to 4 Years Over Multibillion Dollar Crypto Scheme appeared first on Cryptonews
BTC offers hope after gaining 800% in 4 years, while USD lost 25%
2.4.2024
Bitcoin offers hope and financial security for traders, gaining 800% value in the past 4 years. Contrarily, the USD, the haven, lost 25% value in the same period. A recent interview on CNBC’s Squawk Box touched on the topic in depth. Since the dollar has lost 25% value in the past 4 years...
Vintage Bitcoin Vaults Awaken — Over $41M in BTC Moves After 11.7 Years of Slumber
30.3.2024
On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another individual, or possibly the same entity, relocated...