Artur Schaback, co-founder and former CTO of Paxful Inc., recently pleaded guilty to conspiracy charges related to the failure of maintaining an effective anti-money laundering (AML) program. This negligence allowed Paxful to become a hotspot for various illicit activities, including money laundering, sanctions violations, fraud, romance scams, extortion schemes, and prostitution. Criminal activities flourished under
MetaMask, the popular browser extension wallet developed by Consensys, has introduced a groundbreaking innovation with the MetaMask Delegation Toolkit. This toolkit is specifically designed to revolutionize user onboarding in the Web3 space. By simplifying the process of accessing decentralized applications (dapps), MetaMask aims to eliminate user friction and provide a more seamless experience for users.
Bitcoin (BTC) has recently experienced a significant drop in price, reaching its lowest level since February 26. Despite hovering around the $57,000 range in the face of high volatility, Bitfinex analysts have identified on-chain indicators that suggest the leading cryptocurrency may be on the verge of a potential recovery. The correction in Bitcoin’s price was
Bitcoin has seen a significant decrease in price by more than -22% since its peak in mid-March, raising concerns among traders and investors. Jacob Canfield, a trading mentor at Trading Mastery, has conducted a thorough analysis of Bitcoin’s historical pricing trends, pointing to a potential further decline in the cryptocurrency’s value. According to Canfield, Bitcoin
The Republican Party has made a bold move by including Bitcoin and cryptocurrencies in their official platform for the upcoming 2024 election. This decision comes in line with former President Trump’s recent statements and a broader shift within the party towards embracing digital assets and blockchain technology. The party’s platform opposes the creation of a
Sovereign Nature Initiative (SNI) has recently partnered with Unique Network and WalletConnect on the Polkadot blockchain to launch a unique initiative called DOTphin. This collaboration is set to revolutionize the use of NFTs in promoting environmental sustainability and community engagement within the blockchain ecosystem. DOTphin is an initiative that leverages dynamic NFTs to create personalized
Veteran trader Peter Brandt recently raised concerns about the possibility of Bitcoin dropping to as low as $44,000. He based this prediction on a technical indicator that suggests a bearish outlook for the flagship cryptocurrency. Brandt’s analysis revolves around the concept of a double top, a pattern that typically signals a potential reversal to the
In the wake of a challenging week marked by negative news from Mt. Gox and the German government’s Bitcoin dump, the cryptocurrency market experienced a brief period of relief. Chainlink (LINK) managed to gain more than 4% in value over a 24-hour period, despite facing significant bearish pressure. This positive trend was reinforced by the
Legend of Arcadia (LOA) Season 2: Grandia World Tour continues the innovative play-to-airdrop (P2A) campaign that was highly successful in Season 1. The mobile card-based RPG has evolved to offer players a unique gameplay experience with the introduction of blockchain technology and NFTs. In this season, players are immersed in the bustling cityscape of Grandia,
Binance, known as the world’s largest cryptocurrency exchange, recently made the decision to delist four digital assets from its platform. This move caught many traders and investors off guard, causing panic in the market. The delisted cryptocurrencies include BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). Support for all spot trading pairs involving these
The recent events in the Bitcoin and crypto market have not been as bullish as expected at the beginning of July. With the Spot Ethereum ETFs failing to debut on July 2nd and reports of large tranches of BTC being sold by the US and German governments, the market has faced significant challenges. These events
Bitcoin’s recent price action has caused fear in the crypto market, with concerns that the bull market may be coming to an end. The daily timeframe shows a pattern of lower highs and lows since the price dropped below $70K, signaling a clear bearish trend. The market recently broke below the key $60K level and
Messari, a prominent US-based crypto market intelligence platform, has taken a bold and decisive step by declaring independence from the Securities and Exchange Commission (SEC). This move comes in response to the perceived stringent approach of the regulatory body towards the emerging industry. In a statement on July 7, Ryan Selkis, CEO of Messari, made
We’re giving away $1000 in crypto this month to celebrate the relaunch of our Discord community channel! With different prizes offered every week for our most active community members, you’ll have more chances than ever to win. Join us for weekly educational quizzes and meme contests with BCH prizes, and keep an eye out for our
In a recent turn of events, the cryptocurrency market experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum climbing above the $3,000 mark. This surge in prices brought relief to many investors who had witnessed losses towards the end of the previous week. The meme coin sector also saw a positive trend,
The highly anticipated Moku NFT sale is set to go live on the Mavis Launchpad on July 9th at 1 PM UTC. This event marks the debut of Moku’s first collection, featuring Moki Eggs that will reveal unique Moki NFTs. The rarity of the egg will determine the likelihood of obtaining a rare Moki, making
In a landscape where multiple blockchain networks have emerged offering lower fees and faster transaction times, Ethereum continues to dominate the space. Despite the competition, users seem willing to pay higher fees on the Ethereum network. Data compiled by Lookonchain reveals that Ethereum has surpassed Bitcoin in terms of 1-year fee revenue. Ethereum leads the
Real-world Assets (RWA) have gained significant traction in recent months as they offer a tangible backing to digital currencies. These assets can represent physical objects or properties and are governed by smart contracts on the blockchain. Earlier this year, the market capitalization of the RWA niche surged to nearly $9 billion. However, a recent correction
Bitcoin’s price has shown stagnation since its peak in March, with analysts attributing this trend to the tight U.S. monetary policy. The tightening of the policy, which began in March 2022, has led to a reduction in stablecoin supply. This decline in supply has had a direct impact on Bitcoin’s ability to rally further in
In recent days, Bitcoin experienced a significant correction, dropping below the $54,000 mark. This sharp decline caught the attention of many investors as the cryptocurrency had not seen such low prices since February. Some individuals may interpret this as a potential signal that the bull market for Bitcoin is coming to an end. While some
Opeyemi is a writer who has found his passion in the world of cryptocurrency. Despite not originally intending to work in the digital asset industry, he has become deeply immersed in it over the past two years. He takes pride in creating content that demystifies blockchain technology and discusses the latest trends in the cryptocurrency
The cryptocurrency industry is a rapidly evolving one, with new developments occurring on a daily basis. However, alongside these advances, there is a growing threat from hackers and malicious actors who take advantage of inexperienced users to steal their digital assets. This risk is particularly pronounced in the meme coin sector, where coins like Shiba
Semilore Faleti is a cryptocurrency writer with a specialization in journalism and content creation. His journey into the world of blockchain and digital assets began with a curiosity for understanding the complexities and intricacies of this emerging technology. What sets Semilore apart is his ability to dissect the nuances of cryptocurrency, making it accessible and
Bitcoin, the leading cryptocurrency in the market, has recently experienced a sudden drop in price, falling below the $54,000 mark on July 5. This event has reignited concerns among investors regarding the inherent volatility associated with the crypto market. In the larger context, Bitcoin has seen a decline of 7% and 20.25% in the past
Cardano (ADA) has seen a significant 3.4% increase in its price over the past 24 hours, signaling a potential bullish reversal. This surge comes amidst a broader market recovery, with Bitcoin and Ethereum also experiencing slight gains of 2.5% and 2.2%, respectively. Accumulation by whales, investors holding large amounts of ADA, has played a key
The deputy director of the Central Bank of Nigeria (CBN), Olubukola Akinwumi, made serious allegations against Binance, a popular cryptocurrency exchange platform. Akinwumi accused Binance of conducting transactions that are typically reserved for authorized banks and financial institutions. This accusation was a part of his testimony in an ongoing lawsuit brought by the Economic and
The recent news regarding the restitution of Mt. Gox users has created a sense of uncertainty in the market. Bitcoin prices have been on a decline since the beginning of June, failing to gain any meaningful upward momentum despite ETF inflows. With the price falling under $60,000 on July 3rd, followed by another drop the