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New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode 


In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious....

61 New Bitcoin Addresses Holding 1,000 to 10,000 BTC Emerge in 2024


Recent data reveals that bitcoin wallets holding between 0.1 and 1 BTC have grown by an impressive 9,563 since the year began. Meanwhile, the number of crab wallets containing 1 to 10 BTC has shrunk by 7,783. Bitcoin dolphins, sharks, and whales, those with between 100 to 10,000 BTC, made...

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams


Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering...

Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K


With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record...

Binance Founder CZ Released From US Custody After Serving 4-Month Sentence


Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...

FBI Seizes $6M in Crypto From Southeast Asian Scammers


U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal...

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply


From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2%...

Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says


Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes...

Russian Expert Discusses End of Internet Anonymity With Passport-Based Access


A Russian digital services expert has predicted a future where passport-based identification for Internet access becomes the norm, citing a broader trend towards the de-anonymization of online spaces. His comments follow a move by Telegram to disclose user data during rule violation investigations...

FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in Maryland


The Federal Bureau of Investigation (FBI) Baltimore office has issued a warning about the increasing prevalence of cryptocurrency investment fraud in Maryland. Known as “pig butchering,” scammers trick victims into fake crypto investments, leading to massive financial losses. FBI Warns...

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