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Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
12.5.2024
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both wallets, created on the same day, were owned by...
Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets
12.5.2024
Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency trading platform established in 2016. The specifics of...
Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened
12.5.2024
A victim who fell prey to a sophisticated 'address poisoning' attack has successfully recovered almost all of the stolen funds, amounting to a staggering $71 million.
The post Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened appeared first...
Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter
11.5.2024
In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period was $126.7 million. Gary A. Vecchiarelli, the CFO of Cleanspark, partially attributes...
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
Crackdown on Crypto Investment Scam Leads to Massive Raids in Argentina: $100 Million Operation Uncovered
10.5.2024
The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of a $100 million operation in Argentina. According to local reports, the investigation resulted in the raid of a supermarket that was used as a facade for conducting...
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
10.5.2024
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector
‘BBL Drizzy’ Coin Surges Amid Drake and Kendrick Lamar Feud as Another Coin Secures $13 Million
10.5.2024
Hip Hop is back with a bang in 2024, as industry legends Kendrick Lamar and Drake duke it out for the crown in an increasingly hostile rap battle – and Solana meme coin markets haven’t missed a beat, with new OVHoe (BBL DRIZZY) token skyrocketing. This article will provide an analysis of...
Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute
10.5.2024
The 70-year-old man and his 30-year-old son were arrested on suspicion of false imprisonment and assault, according to police sources.
The post Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute appeared first on Cryptonews
Is DogWifHat Dead? Crypto Expert Tweets $1 Price Target, New Meme Coin WienerAI Raises $1.4 Million
10.5.2024
A top crypto influencer on X believes the popular Solana meme coin DogWifHat ($WIF) could tumble all the way down to a dollar from its current price of $3.17. In a recent tweet, Bluntz Capital (@Bluntz_Capital) cautioned, “price action on this bounce over the last 3 weeks has been slow...
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications.
The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews
Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030
10.5.2024
Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030. "I do think it hits that number and goes beyond," he said.
The post Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030 appeared first on Cryptonews
Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030
10.5.2024
Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential for price growth but also highlighted the unique...
Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million
10.5.2024
An attacker involved in a $68 million address poisoning scam has returned $153,000 worth of Ether to the victim and expressed willingness to negotiate further.
The post Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million appeared first on Cryptonews
Jack Dorsey says Bitcoin will be worth 'at least a million' by 2030
10.5.2024
“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction
Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto
10.5.2024
Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by March 31. However, Mercado Libre does not own these...
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
10.5.2024
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex...
Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom?
10.5.2024
With Grayscale holding steady and Bitwise recording significant $11.54 million in fresh inflows, the latest Bitcoin price prediction hints at a potential market turnaround.
The post Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom? appeared first on Cryptonews
Binance Fined Over $4 Million in Canada for Money Laundering Violations
10.5.2024
Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to approximately $4.4 million, was levied after Binance...
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...