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Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison
7.3.2023
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence...
FTX Bankruptcy Special Counsel and Advisers Bill $38M for January
7.3.2023
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme
7.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make...
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports
6.3.2023
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to uncover “an unusual trend of transactions on some users’ profiles.”...
Shiba Inu Price Prediction as $150 Million Trading Volume Comes In – Are Whales Buying the Dip?
6.3.2023
Shiba Inu has suffered a 1.5% fall in the past 24 hours, dropping to $0.00001105 following a difficult weekend for the cryptocurrency market as a whole. The meme token is now 14% down in a week and 13% down in the last 30 days, having risen by 36% since the start of the year....
Read More: Shiba...
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort
6.3.2023
PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million...
NFT Creators Investigated in Israel for Alleged Tax Evasion
6.3.2023
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...
7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama
6.3.2023
DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
5.3.2023
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following...
Dogecoin Price Prediction as $650 Million Trading Volume Comes In – Can DOGE Recover to $0.10 Soon?
4.3.2023
The largest and most popular meme coin, DOGE, is back in the spotlight after its most significant fan, Elon Musk revealed he would transition from crypto to artificial intelligence (AI). Dogecoin price dropped this week in tandem with the rest of the crypto market amid regulatory pressure and...
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
3.3.2023
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total...
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
Ethereum Price Prediction as $210 Million Gets Liquidated in Market Volatility – Where is ETH Heading Now?
3.3.2023
Read More: Ethereum Price Prediction as $210 Million Gets Liquidated in Market Volatility – Where is ETH Heading Now?
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Shiba Inu Price Prediction as $300 Million Trading Volume Floods In – Are Whales Selling SHIB?
3.3.2023
The price of Shiba Inu has dropped to $0.0000114 today, after news of financial problems at Silvergate Bank spooked the market. This price represents a 5% fall in 24 hours, a 13% loss in a week and a 3.5% decline in the last 30 days, with the meme token unable to escape the wider market's...
Bitcoin Price Prediction as BTC Whale Transfers $230 Million into Unknown Wallet – What’s Going On?
2.3.2023
Bitcoin's recent price movement has caught the attention of crypto investors and enthusiasts as a massive transfer of $230 million worth of BTC was made to an unknown wallet by a whale investor. This event has fueled speculation about what the transfer could mean for Bitcoin's price in the near...
Sonic Creator Admits To Illegally Trading Over $1 Million
2.3.2023
Earlier today, Sonic the Hedgehog co-creator Yuji Naka admitted to doing insider trading while working at Square Enix. Read more
Over $30 Million Worth Of Funkos Are Headed To The Landfill
2.3.2023
The company that makes Funko Pop! collectibles is in so much trouble it’s preparing to throw hundreds of thousands of its pop culture-inspired figurines into the garbage. Funko revealed the plans in a recent earnings call filled with so much bad news its stock price fell off a cliff the next...
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report
2.3.2023
Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report....
Number of Bitcoin Wallets With At Least 1 BTC Could Soon Hit a Million – How Could That Impact the BTC Price?
1.3.2023
Bitcoin bear markets are almost always viewed in a negative light. Net worth evaporates and more recent investors in the world’s largest cryptocurrency by market capitalization often find themselves deeply in the red on their initial investment.
But 2022’s bear market looks to have been a boom...