Tag: #blockchain

Mark Scott, a lawyer for the OneCoin cryptocurrency pyramid, was found guilty of two criminal charges. Both are related to bank fraud and money laundering. The U.S. District Court sentenced Mark Scott to 10 years in prison. He is accused…

Flipsides say the ongoing demand for economical alternatives to Ethereum, will drive more layer-2 projects to prioritize reducing end-user costs this year. Ethereum is set to confront heightened competition in the blockchain space in 2024, driven by the persistent demand…

Analysts at JPMorgan have indicated a potential easing in the selling pressure on Bitcoin, as the bulk of profit-taking from the Grayscale Bitcoin Trust (GBTC) appears to be concluding. In a market report released on Jan. 25, a team led…

Recent data shows that crypto whales have been accumulating Galaxy Fox (GFOX), Ethereum (ETH), and XRP

Bankrupt crypto lending platform Celsius has shifted 459,561 Ethereum (ETH), valued at over $1 billion, to centralized exchanges, including Coinbase, Paxos, and FalconX, in the past 24 hours, per on-chain data. In detail, more than 300,000 ETH, equivalent to $673 million, was sent to Coinbase Prime. The firm also moved 146,507 ETH, valued at around […]

The post Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans appeared first on CryptoSlate.

The US government has issued a notice on the sale of over $130 million in BTC linked to Silk Road. Court documents indicate this includes 2,874 BTC seized from drug trafficker Ryan Farace and 58 BTC from convicted law enforcement agent Sean Bridges. BTC price remained near $40k, but market is watching Ethereum, Solana. Crypto […]

The post Altcoins to watch amid US notice to sell $130M in BTC from Silk Road appeared first on CoinJournal.

Despite the availability of over 15 platforms facilitating euro-denominated trading with crypto, only a few attract substantial trading volume, Kaiko says. Cryptocurrency exchanges Bitvavo, Kraken, Coinbase, Bitstamp, and Binance collectively dominate the landscape of euro-denominated trading volume, accounting for over…

Crypto mining rig manufacturer Canaan has obtained over $50m from preferred share financing to boost research and development and expand its production scale. In a recent filing, The Nasdaq-listed firm announced that it generated the capital by issuing and selling…

The Algorand Foundation, a blockchain platform with fast and cheap transactions, reported that its head’s X account was hacked. According to a Jan. 26 post, its CEO, Staci Warden’s Twitter account has been hacked. Project representatives warned users not to…

Quick Take As the dust settles on the tenth trading day in the Bitcoin Spot Exchange-Traded Fund (ETF) sector, a fund flow trend has begun to emerge.  Day 10 witnessed an $80 million net outflow, according to BitMEX research, significantly impacting the overall landscape. Grayscale GBTC, despite experiencing the lowest outflow since Day 1 at […]

The post BlackRock’s Bitcoin ETF crosses $2 billion in inflows, with Fidelity close behind appeared first on CryptoSlate.