7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors

Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques, the group allegedly stole the bitcoin and now face potential sentences of five to …

Bitcoin Holder Race On? Mining Giant Marathon Announces Plan To Raise $250,000,000 To Acquire Additional BTC

Bitcoin mining firm Marathon (MARA) is unveiling a plan to spend hundreds of millions of dollars to bolster its BTC stockpile. In a new press release, Marathon says it intends to privately offer $250 million worth of convertible senior notes due in September 2031 to “persons reasonably believed to be qualified institutional buyers.” “The notes …

AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook

Ex-Goldman Sachs executive Raoul Pal is predicting that artificial intelligence (AI) agents will one day use crypto assets to transact with each other. In a new video update, the Real Vision CEO says that in the not-so-distant future, AI agents are probably going to use digital assets to pay for things like electricity, with the …

Jump Trading Moves $46M in ETH: What’s Their Next Move?

TLDR Jump Trading moved 17,049 ETH (worth $46.44 million) from Lido, possibly for sale This transfer raised fears of a potential ETH sell-off and market manipulation Jump Trading still holds over $68 million worth of ETH The firm previously sold $300 million worth of ETH, causing a 20% price drop Some analysts suggest the transfers …

Bitcoin ETFs See $19,000,000,000 in Net Flows As BlackRock Becomes Third-Largest BTC Holder: Bloomberg Analyst

Spot Bitcoin (BTC) exchange-traded funds have witnessed more than $19.3 billion of net inflows this year, according to Eric Balchunas, a Bloomberg ETF analyst. Balchunas tells his 319,100 followers on the social media platform X that the number is “surprisingly strong” and argues that it is the most important bellwether of success given Grayscale’s GBTC …

Ethereum’s V-Shaped Recovery: Breaking Down the Bull Case

TLDR Ethereum price recently increased above $2,650 A potential breakout towards $3,000 is being discussed The price dropped from $3,500 but may be finding a bottom Exchange reserves show signs of accumulation Key resistance levels are at $2,700 and $3,000 Ethereum, the second-largest cryptocurrency by market cap, has been experiencing a range of price movements …

Ethereum Layer-2 Networks Process Record 12.4 Million Daily Transactions

TLDR Ethereum’s layer-2 scaling ecosystem reached a new daily transaction all-time high of 12.42 million on August 12, 2024. The Coinbase L2 blockchain Base has been a major driver of this growth, with transactions surging to over 4 million daily in late July. Base processed more than 3.6 million transactions on August 12, compared to …

Nigeria’s $37 million USDT freeze connected to MEXC and KuCoin hot wallets

Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source

BlackRock ETFs dominate Bitcoin and Ethereum inflows

Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source

Riot increases Bitfarms ownership stake following board member removal

Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source

Goldman Sachs discloses nearly $420 million in Bitcoin ETF holdings

Quick Take In a relatively quiet second quarter for 13-F Bitcoin ETF filings, Goldman Sachs made headlines by disclosing significant positions in several Bitcoin ETFs, according to this SEC filing. This disclosure is particularly noteworthy given the subdued activity compared to the first quarter of the year. Goldman Sachs reported a diverse portfolio, starting with …

Crypto.com Becomes Global Cryptocurrency Partner of UEFA Champions League in Multi-Year Deal

Crypto.com and UEFA have announced a multi-year partnership, making Crypto.com the first and exclusive global cryptocurrency platform partner of the UEFA Champions League. This collaboration aims to enhance fan engagement by integrating cryptocurrency into the football experience, featuring in-stadium activations, broadcast integrations, and advertising campaigns. The partnership will be officially unveiled at the UEFA Super …

Police Warn of Bitcoin Scammers Posing as Bank Representatives

The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from their accounts and deposit them into bitcoin ATMs. The sheriff’s office emphasizes …

Bitcoin Scam Targets US County Residents With Fake Warrants

A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant division” and include misleading subject lines such as “Montgomery County Sheriff office false claims division.” These emails contain fake documents, including a …

Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community …

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