Crypto
Brazilian police have asked courts to freeze the crypto holdings of suspected electronics-trading fraudsters as part of a “mega operation.”The Brazilian media outlet Livecoins reported that officers took part in an operation codenamed Spin-Off.The operation involves the Federal Police and the Receita Federal (the Special Department of Federal Revenue).Officers raided…
On August 18, an unexpected event in the Bitcoin mining space took everyone by surprise. A lone miner, not backed by massive computational power, claimed the full reward of 6.25 Bitcoin for solving block 803,821. In simple terms, the miner earned about $160,000, minus a 2% fee retained by the mining…
Defense attorneys for 12 Bitcoin (BTC) core developers in the lawsuit filed by Craig Wright say the false ownership claims to Bitcoin can expose him to liabilities relating to the 80,000 stolen Bitcoin from Mt. Gox. Craig Wright claims he is the mysterious Satoshi Nakamoto and filed a lawsuit against 12…
Oman has launched a new digital asset mining facility, the second flagged off within months as it seeks to diversify the economy away from oil exports. The Middle Eastern country has flagged off the faculty which cost about 135 million Omani rials approximately $150 million and would be operated by Exahertz,…
As DEX tokens continue to dominate the headlines, GUISE has emerged as the latest market entrant to undertake a sensational +30,000% pump on launch.The magnificent display – driven by a flood of trading volume, has seen GUISE surge to take top spot at ‘Hot #3’ on leading aggregator DEXtools.This latest…
The Russian Central Bank says it plans to begin classifying the digital ruble, the nation’s CBDC, as a “high-quality liquid asset” (HQLA), and will likely eventually oblige banks in the country to follow suit.Central banks typically classify assets such as fiat cash, central bank reserves, and government bonds issued by…
Industry insiders claim Argentina is experiencing a rise in stablecoin buying as black market dollar market prices spiral upward.Per Globo, the nation is in the grips of the “worst political crisis in 21 years,” with hyperinflation eating up the value of the fiat peso.Last week, Bloomberg reported:“The official [dollar exchange]…
Bankrupt crypto exchange FTX submitted a “Reply” on Sunday, August 20, to back its Settlement Plan and address the US Trustee’s objection to the Motion.On August 16, FTX Trading and its associated debtors submitted a court filing titled “Motion of Debtors for an Order Authorizing Procedures for Settling Certain Existing…
Co-founder and managing partner at Blockchain Capital, Bart Stephens, has taken legal action against an unidentified hacker who allegedly stole $6.3 million worth of cryptocurrencies from his digital wallets, Forbes reported. Stephens claims Jane Doe exploited a SIM-swap vulnerability, manipulating personal information sourced from the dark web to bypass security protocols…
Ethereum Co-founder Vitalik Buterin Transfers $1 Million Worth of ETH To Coinbase – What’s Going On?
Ethereum co-founder Vitalik Buterin has transferred 600 Ether (ETH) worth around $1 million to Coinbase as market uncertainty looms.According to on-chain data from Etherscan, a wallet controlled by Buterin Vitalik.eth transferred the assets on Aug 21. At press time, the wallet still holds 3,900 ETH worth approximately $6.5 million. Buterin has…