A man from Maryland has been charged with laundering 2,933 Bitcoin (BTC), worth around $139 million, from a US prison cell. Ryan Farace, 37, has been accused by federal prosecutors of laundering money while serving a 57-month prison sentence for selling drugs on the dark web. ADVERTISEMENT Originally convicted in 2018, Farace was previously …
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The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin’s (BTC) short-term price action. Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours …
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Music-sharing protocol Audius became one of the first streaming platforms to partner with TikTok, allowing users to directly share tracks to the popular app. In a Monday announcement, Audius said it had partnered with TikTok in the creation of a new feature called TikTok Sounds. According to a Rolling Stone interview with Audius co-founder and …
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Bitcoin Consolidates Above $46,000, Poises to Reclaim $48,000 – August 16, 2021 Bitcoin has resumed upside momentum as it poises to reclaim $48,000. Today, buyers have retested the resistance level but were repelled. The bulls are not giving up the battle to reclaim the $48,000 price level. Since August 13,BTC/USD – Daily Chart Buy Bitcoin …
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With the recent bullish run, savvy investors are on the prowl, looking for the best cryptocurrencies to buy this week. August is fast coming to an end, and it is easily the best month that the crypto market has had since the downturn hit. With prices looking up for the third straight week, there is …
Dallas Mavericks owner, Mark Cuban, explained why he backs the meme token, while stating that Dogecoin (DOGE) rules the crypto space when it comes to paying for goods and services. According to Cuban, the NBA team organization has witnessed substantial sales made with Dogecoin and, to further promote the popular crypto’s use, Dallas Mavericks will …
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Researchers from Microsoft, Alibaba Group, and Carnegie Mellon University have published a paper that claims the Ethereum network can help prevent piracy. The paper, called “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” describes how Argus is superior to existing solutions. Argus: An Ethereum-Powered Anti-Piracy Tool A study written by Xian Zhang, Xiaobing Guo, …
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing the possibility of making offline payments between peers. …
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The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower than the all-time high (ATH) captured five days ago reaching $75.73 per unit. Axie infinity’s market valuation has also pushed itself into the top 50 …
Decentralized finance (DeFi) has been booming this month following the ongoing crypto market rebound. DeFi tokens such as Compound have made incredible gains, and despite these gains, COMP is yet to reach an all-time high as many tokens have done. However, its steady uptrend is still at play; hence we could see gains being acquired …
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The value of dogecoin has increased by more than 90% in the past month. Because of these gains, DOGE has managed to go beyond expectations, and it is now headed towards making new highs. However, unlike various altcoins making new all-time highs, dogecoin still has to make an over 50% to reach the high of …
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While the market is consolidating at the current levels, some altcoins are making incredible gains. Terra LUNA is among the best gainers in the market currently after a sharp rise in 24 hours. These gains have led to LUNA reclaiming its all-time high, and it is currently ranking 22nd in market capitalization. LUNA is trading …
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Solana is one of the best gainers in the cryptocurrency market. Despite BTC stagnating at around $47K, Solana has made double-digit gains, and has created a new all-time high. Its market capitalization has shot up to $17 billion, and it is currently ranking tenth in the crypto charts after displacing Uniswap, Chainlink and Bitcoin Cash. …
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Crypto analyst Benjamin Cowen says Bitcoin (BTC) will face a critical test this September that could determine the future of its bull market. In a new strategy session, Cowen claims that in September of each year since 2017, Bitcoin tested the 20-week moving average and either bounced off it or plunged through it. ADVERTISEMENT …
After suffering a massive $611 million hack last week, decentralized finance (DeFi) platform Poly Network is attempting to shore up its defenses. Poly Network is launching a “bug bounty” program on Immunefi, a platform that rewards hackers for reviewing code and discovering any vulnerabilities in systems. ADVERTISEMENT Immunefi is offering $100,000 per valid bug …
