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Nalezeno "VC activity": 737

Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates


In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month. The...

Tether Takes Action: $5.2M in USDT Frozen Due to Phishing Links


Tether is still keeping an eye out for illegal activity taking place on its blockchain. Tether detected and blocked USDT worth $5.2 million on May 14 as part of its efforts to impose stringent network controls and stop money laundering. The post Tether Takes Action: $5.2M in USDT Frozen Due...

Linea’s LXP Mint delayed due to Sybil activity surge


The release of Linea Voyage XP (LXP) tokens of Consensys’ approach to increasing the capacity of the Ethereum Virtual Machine, Linea, has slowed down, stemming from an increase in Sybil activity. This is the act of people setting up several accounts to acquire benefits undeservingly. As a result...

Cartier Jewelry Heir Busted for Laundering Money with Crypto


An heir to the Cartier empire was arrested last week by the US Justice Department (DoJ). He was accused of utilising Tether's USDT stablecoin to launder the proceeds of drug trafficking. The charges indicate a unique convergence of powerful individuals and cryptocurrency-related criminal...

JPMorgan attributes crypto sell-off to retail investor activity


JPMorgan Chase, one of the major contenders on Wall Street’s financial superhighway, has slightly changed their approach towards the cryptocurrency scenes as they proceed cautiously. The issuer states her reasons first and foremost by noting that there are not enough factors leading...

Dogecoin20 Hits Uniswap, Rallies Over 100% In First Hour


A new Ethereum-based Dogecoin alternative, Dogecoin20 (ticker: DOGE20) rallied over 100% less than an hour after landing on leading decentralized exchange (DEX) Uniswap.  The frantic buying activity was driven largely by anticipation for Saturday, April 20, 2024, a day earmarked by the crypto...

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