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Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in New York
21.5.2024
Taiwanese national and darkweb drug dealer Rui-Siang Lin, who allegedly made more than $100 million in cryptocurrency sales of illegal narcotics, has been arrested by U.S. authorities.
The post Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in...
BlockDAG’s updated dashboard & $28.6M presale casting a shadow over Chainlink (LINK) price & Fetch.ai crypto
21.5.2024
Amid the broader cryptocurrency volatility, where Chainlink (LINK) price shows a notable dip and Fetch.ai crypto innovates in AI, BlockDAG stands out with its top crypto presale success, introducing its latest dashboard update to enhance transparency. BlockDAG’s latest figures reveal a robust...
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
21.5.2024
FDIC Chair Martin Gruenberg to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator.
The post FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report appeared first on Cryptonews
Discover the hottest crypto investments: Solana’s surge, Arbitrum’s rise, and BlockDAG’s $28.5M presale smash hit
21.5.2024
As investors continually seek out cryptocurrencies with substantial growth prospects, Solana, Arbitrum, and BlockDAG are making significant marks in the crypto space. Solana is enhancing its appeal with growing institutional support, Arbitrum leads with innovations in Layer 2 solutions,...
Nigeria’s SEC-Crypto License
21.5.2024
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...
Is Tether a safe haven in the crypto storm?
21.5.2024
Tether (USDT) is a type of cryptocurrency, and its value is meant to stay close to the U.S. dollar. This makes it easy to transfer money between regular cash and crypto. Lately, crypto prices have swung up and down a lot. This has people wondering if Tether is a safe place to put their money...
Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped
21.5.2024
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
21.5.2024
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.
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Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game
21.5.2024
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following...
Anti-crypto FDIC chair Martin Gruenberg to step down — ‘best day ever’
21.5.2024
Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC
Russian Crypto Mining Sector Could Grow ‘by 20-40%’ in 2024 – Report
21.5.2024
The Russian crypto mining industry could grow “by between 20% and 40%” in 2024, a new report has claimed.
The post Russian Crypto Mining Sector Could Grow ‘by 20-40%’ in 2024 – Report appeared first on Cryptonews
House Democrats won’t be forced to vote against two pro-crypto bills
21.5.2024
A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them
Top Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APE
21.5.2024
As crypto markets lurched higher on Monday on optimism that Ethereum ETFs might soon get approval, renewed risk appetite saw traders hunting for top crypto gainers today flock to the on-chain markets.
The post Top Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APE appeared first on Cryptonews
NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis
21.5.2024
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will establish a victims’ fund to compensate over 29,000...
Dark web market owner arrested in New York after FBI traces crypto
21.5.2024
The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name
Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
21.5.2024
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...
Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam
21.5.2024
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash....
Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman
21.5.2024
Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price...
Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
21.5.2024
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain...
Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally – Time to Buy?
20.5.2024
Crypto experts are flocking to invest funds in an exciting new Solana meme coin Sealana (SEAL) as the crypto market rally accelerates on Monday in wake of rising hopes for the SEC to approve spot Ethereum ETFs this week.
The post Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally...