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Saturday, May 11, 2024

Crypto

US DOJ strikes again, seizes $3.36 billion of illicit cryptocurrency

The U.S. Department of Justice on Monday declared that law enforcement captured $3.36 billion of bitcoin from a man who "unlawfully got" more than 50,000 bitcoin from the dark-web market Silk Street a long time back. The U.S. Attorney for...

Blockstation: An ecosystem for digital assets

Blockstation is a Canadian Fintech company founded in 2014, it provides one of the first digital asset trading solutions for stock exchanges. It is a platform that is powered by blockchain technology which is the technology that most of...

Binance suffers major hack totaling $570 million

Binance, the world's greatest cryptographic money trade, affirmed on Friday that $570 million had been taken in a hack of a blockchain it runs that fills in as a scaffold for resource moves between networks. The assault on the...

South Korea sends out arrest warrant for Terra’s founder Do Kwon as investors need answers

A court in South Korea has given a capture warrant for Do Kwon, the pioneer behind Terraform Labs, heightening its test into the crypto biological system whose two tokens lost $40 billion in esteem in a range of days...

Tornado Cash has made it on the US sanctioned list as US regulators cracks down on the crypto industry

The U.S. has authorized decentralized digital money blending administration Tornado Cash for its job of empowering billions of dollars of digital money to be laundered through its foundation. Tornado Cash, alongside different blenders like AlphaBay, empowers clients to disguise the...

Tesla sells 75% of its bitcoin stake as it braces for crypto winter

Elon Musk clearly isn't attempting to hodl Tesla's bitcoin during a crypto winter. During the organization's Q2 profit report, the electric vehicle organization uncovered it has sold 75% of its Bitcoin property this quarter. The organization sold the coins for...

Three Arrows Capital owes $3.5 billion to creditors due to bankruptcy

Three Arrows Capital (3AC) owes an incredible $3.5 billion to 27 unique organizations — including Blockchain.com, Voyager Digital, and moneylender Genesis Global Trading — as per court records. The subtleties come from oaths depicting subtleties of the insolvency and liquidation...

India’s new crypto tax for exchanges is negatively impacting the industry

Right after significant Indian trades saw extreme drops in exchanging volume since the 30% duty on got incomes happened on April 1, the business presently experiences extra descending strain following the presentation of one more new expense that kicked...

Meta is winding down its crypto service wallet

Three years after Facebook declared its doomed drive into cryptographic money, otherwise known as the Libra project, the tech goliath has flagged one more downsizing of its movement — reporting Friday that Novi, the advanced wallet installments pilot it...

Crypto Queen Ruja Ignatova is one of the most wanted persons by the FBI

The “Crypto Queen” story is one for the ages. Ruja Ignatova a Bulgarian national, who came out of nowhere and was able to raise $4 billion for her coin called OneCoin which was deemed a “Bitcoin killer”. This story...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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