Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering...
“Crypto, on the other hand, doesn’t have the same valuation metrics. It’s still in its infancy and so are its valuation models,” he said to CoinDesk via email. “That ambiguity, with respect to valuations, is what allowed for investors...
Celsius CEO Alex Mashinsky reportedly “took control” of trading strategy at the crypto lending firm amid January rumors the United States Federal Reserve planned to hike interest rates. According to a Tuesday report from the Financial Times, Mashinsky personally...
Depending on when you got into crypto, and to what extent you opted to be a maximalist for a certain cause (most likely either Bitcoin or, later, Ethereum, since these have the most single-minded communities), your initial perception of...
Blocknative, a web3 infrastructure company, today launched the Transaction Distribution Network (TDN). This tool allows blockchain users to respond to pre-chain risks and opportunities faster than ever, ensuring each transaction has the best chance of getting into the next...
Monero (XMR) price has surged by as much as 7% in a matter of 24 hours before network upgrade or hard fork on August 13. XMR climbs by over 7% overnight before the weekend hard fork. Binance recently announced...
Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax”...
Ethereum is moving from proof-of-work to proof-of-stake soon. In this guide, we first defend PoW (in the context of Bitcoin); second, defend PoS (in the context of Ethereum); and third, outline (some of) the trade-offs. Source link
For Satoshi Nakamoto, the creator of Bitcoin (BTC), the motivation to create a new payment ecosystem from scratch in 2009 stemmed from the economic chaos caused by the banking sector’s over-exuberant and risky lending practices mixed accompanied by the...
In an official announcement on 12 August, Archax confirmed that Abrdn has signed a deal with the company to become its largest external shareholder. Archax has been established to facilitate institutional investors who are interested in blockchain-based digital assets....