The United States government is offering rewards in cryptocurrency for information relating to the operations of enemy state-backed hackers or suspected terrorists. The U.S. State Department’s new “Rewards for Justice” platform allows informants to submit anonymous tips and information in return for rewards in digital assets. The platform was promoted at the Black Hat USA …
Category archives: Trending Crypto news
Alex Saunders again under fire after virtual HQ in Decentraland fails to launch
Australian crypto influencer and Nuggets News founder Alex Saunders is facing backlash over his non-fungible token (NFT) sale from late last year. Nuggets News is a paid group providing technical analysis and crypto tips to subscribers that was founded by Saunders in 2017. As of Aug.17, Nuggets News had roughly 146,000 subscribers on YouTube. In …
Continue reading “Alex Saunders again under fire after virtual HQ in Decentraland fails to launch”
Maryland Man Charged With Laundering $139,000,000 in Bitcoin From a Prison Cell
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 …
Continue reading “Maryland Man Charged With Laundering $139,000,000 in Bitcoin From a Prison Cell”
Analysts say $46,500 is the key level for Bitcoin to flip to support
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 …
Continue reading “Analysts say $46,500 is the key level for Bitcoin to flip to support”
TikTok partners with crypto-powered music streaming platform Audius
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 …
Continue reading “TikTok partners with crypto-powered music streaming platform Audius”
Looming Test for Bitcoin Could Determine Strength of Bull Market, According to Analyst Benjamin Cowen
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 $611,000,000 Hack, Crypto Platform Poly Network Moves to Prevent Future Attacks
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 …
UK Detectives Seize USB Stick With $9.5 Million in Ethereum in Alleged Crypto Scam
Detectives in the United Kingdom have reportedly seized a USB stick with $9.5 million in Ethereum (ETH) that was believed to be stolen through an alleged crypto scam. In a statement, the Greater Manchester Police (GMP say that their specialist officers from the Economic Crime Unit retrieved the USB stick after tracking down two alleged …
Wen Dogecoin moon? On-chain data and trading volumes suggest soon
The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of the year was been Dogecoin (DOGE), a simple ‘joke’ cryptocurrency that has …
Continue reading “Wen Dogecoin moon? On-chain data and trading volumes suggest soon”
Crypto developer will lead Twitter’s decentralized social media initiative
Jay Graber, a former software engineer for Zcash and blockchain firm Skuchain, will be leading the anticipated decentralized social media initiative first announced by Twitter in 2019. In a Twitter announcement on Monday, Graber said that they would be in charge of the Bluesky project after working closely with “a group of thinkers and builders” from …
Continue reading “Crypto developer will lead Twitter’s decentralized social media initiative”
Traders seek hefty gains from altcoins while Bitcoin price consolidates
Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Solana (SOL), Presearch (PRE) and Arweave (AR). Top 7 coins …
Continue reading “Traders seek hefty gains from altcoins while Bitcoin price consolidates”
Balancer’s new MetaStable Pools seek to facilitate wrapped asset swaps
Automated market maker (AMM) and decentralized finance (DeFi) protocol Balancer announced Monday that it had partnered with DAO-based staking platform Lido to introduce a MetaStable Pool incentive program. MetaStable Pools are liquidity pools specifically designed to work with highly correlated (but not hard-pegged) tokens, like wrapped assets. Users will be able to create swaps between …
Continue reading “Balancer’s new MetaStable Pools seek to facilitate wrapped asset swaps”
XRP, Bitcoin Cash and Two Other Altcoins Positioning To Outperform Bitcoin, Predicts Top Crypto Analyst
A widely followed crypto analyst and trader says XRP, Bitcoin Cash and two other crypto assets are poised to ignite rallies to potentially outperform Bitcoin (BTC). The popular crypto strategist, known in the industry as DonAlt, tells his 289,000 followers that the XRP/BTC pair is printing a large inverse head-and-shoulders pattern, which is a technical …
Terra Virtua moves to Polygon blockchain, citing environmental concerns
Digital collectibles platform Terra Virtua has moved from the Ethereum blockchain to Polygon in an attempt to be greener. In a Monday announcement, Terra Virtua said it had switched to Polygon as part of a plan to create a more sustainable nonfungible token, or NFT, ecosystem. The platform claimed the move would reduce the energy …
Continue reading “Terra Virtua moves to Polygon blockchain, citing environmental concerns”
Fintech company Leonteq expands crypto offering in Europe
Following the successful expansion of its cryptocurrency service within its homeland of Switzerland, fintech firm Leonteq has now launched a collaborative effort with ICF Bank — one of Germany’s leading securities trading banks — to bring crypto to institutional investors throughout Germany and Austria. Well regarded for their accolades in the Swiss markets, including being …
Continue reading “Fintech company Leonteq expands crypto offering in Europe”