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Latest crypto technology news and archive
Tornado Cash Developer Sentenced to Over 5 Years in Prison for Money Laundering
Alexey Pertsev, a developer of Tornado Cash, has been found guilty of money laundering by a Dutch court and will be jailed for more than five years.
Accelerate Web3 Developer Onboarding: RAIR Technologies Launches Open Source dApp Protocol
The recently launched protocol brought together the following powerful features in one place: an intelligent account, a marketplace, digital rights management (DRM), and a non-fungible token (NFT) infrastructure.
Worldcoin fighting to launch Layer-2 blockchain called World Chain
Worldcoin, which is under international scrutiny for its alleged violations of data privacy rights, will launch a new layer 2 blockchain that will be “deeply integrated with the Worldcoin protocol.”
Worldcoin Iris codes can now be canceled amid growing global scrutiny
Worldcoin, which has been the subject of increasing scrutiny from various governments, has decided to update the terms of its iris code, now allowing the deletion of such data upon request.
The world’s first BTC Layer 2 summit to attract over 500 blockchain elites
Layer-2 platform enthusiasts and investors are expected to be attracted to the Bitcoin Layer 2 Conference – East & West 2024 as it has already confirmed the participation of some of the major players in the cryptocurrency and blockchain industry.
US bans 10 crypto addresses linked to LockBit ransomware group
Treasury OFAC blacklisted 10 Bitcoin and Ether addresses that it said were linked to two individuals associated with LockBit.
K9 Finance challenges norms by elevating DeFi to the Shibarium
The K9 founder says that in the DeFi landscape, it’s about making more money and effectively “putting your bones to work.”
Bitcoin ETF Clash: BlackRock’s iShares Bitcoin Trust Attracts Massive $2 Billion Inflows, Setting New Industry Benchmark
This impressive increase in inflows has further solidified BlackRock’s position as a pioneer in the Bitcoin ETF industry.
Bitcoin makes strong comeback, surpassing $42,000 as GBTC selloff stalls
Since switching to trading as a Bitcoin exchange traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has seen an outflow of approximately $4.8 billion from its holdings.
Holding the Line: Tesla Remains Resolute on Bitcoin in Fourth-Quarter Earnings Report
Tesla Inc.’s fourth-quarter report omitted any mention of Bitcoin-related assets, highlighting the company’s continued ownership of its significant Bitcoin holdings, totaling 9,720 BTC.
Grayscale’s Bitcoin exodus appears to have stalled amid GBTC’s record net outflow
GBTC has seen massive outflows since it officially traded as a spot Bitcoin exchange-traded fund (ETF).
Shibarium-fueled revolution: Shiba Inu’s Welly leads blockchain transformation in food chain management
In October, Welly shared its many aspirations, including transforming itself into a world-renowned healthy fast food restaurant by leveraging blockchain technology through Shibarium.
Binance challenges the SEC in a high-stakes legal battle, seeking dismissal of fraud charges
The SEC filed 13 charges against Binance, Zhao and Binance.US alleging they misled investors about its market surveillance capabilities, implicating transparency issues.
Bitwise leads the pack and reveals the wallet address for Bitcoin ETF holdings
Bitwise’s latest move is in line with Bitcoin’s core principles, which prioritize transparency and open verification. Address disclosure allows investors and regulators to independently validate asset holdings and transaction flows.
FTX’s billion-dollar exodus: Major sell-off rocks Grayscale Bitcoin Trust ETF
FTX reportedly divested nearly two-thirds of its GBTC holdings within the first three trading days of the fund’s operation as an ETF.
Crypto Capital Flight: Grayscale’s GBTC Sees $2.2 Billion Outflows in Quick 5-Day Run
Industry observers believe the combination of locked positions and high fees has created a strong incentive for investors to pursue cheaper options.
Do Kwon’s Terraform Labs Hits Bottom; Seeks bankruptcy protection in US amid legal turmoil
Last week, Judge Jed Rakoff moved the start date of the SEC trial against Terraform Labs and Kwon for $40 billion fraud to March 25 from the initial start date of January 29, following an appeal by the cryptocurrency tycoon’s camp.
HTX in the eye of the cyber storm: Justin Sun reassures investors after the DDOS attack
Last week, attackers once again hit cryptocurrency exchange platform HTX with a 15-minute DDoS attack, overloading the site and causing a brief outage.
ARK’s Wood Predictions Bitcoin will take a bite out of gold’s market share, reaching $1 million
Wood believes Bitcoin has the potential to reach a $1 million per unit valuation in the future, although not immediately.
Coinbase Set for Legal Victory in SEC Fight with 70% Chance: Legal Analyst
The timeline for the early ruling could potentially be delivered by the end of the second quarter of 2024
Unlocking the Future of Cryptocurrency: Previewing the Ethereum Spot ETF, Its Implications, Challenges and Market Dynamics
Many are now closely monitoring developments in the cryptocurrency space to see whether an Ethereum spot ETF could represent the next milestone in the regulatory landscape.
Shiba Inu Steals the Spotlight, Leaving Bitcoin Behind in Positive Online Discussions: Study
A comprehensive study conducted by Coinwire revealed that Shiba Inu is one of the top cryptocurrencies that garnered substantial positive discussions on various social media platforms throughout 2023.
Cryptocurrency market in red after Bitcoin’s tumultuous drop to $40,000
The altcoin landscape is currently grappling with a sea of red, as most charts are dominated by bearish sentiment.
Mind-boggling numbers: Solana is poised to outperform Ethereum by 5x, say Glassnode co-founders
Solana has demonstrated remarkable resilience in the face of potential market turbulence arising from holdings associated with the FTX bankruptcy estate.
Tether’s Bullish Move Consolidates Bitcoin’s Major Player Status with $380 Million Bet
The wallet address associated with Tether occupies the eleventh position on the esteemed list of the top 100 Bitcoin holders, claiming an impressive 0.3% share in the prevailing circulating supply of the world’s largest cryptocurrency by market capitalization.
Trump promises to protect the US from CBDCs: a position to “protect Americans from government tyranny”
“Tonight I will also make another promise to protect Americans from government tyranny,” Trump said.
Investor Confidence Swings Toward BlackRock With IBIT’s $700M Net Inflow, Grayscale Bleeds
All other spot Bitcoin ETFs saw approximately $1.9 billion in net inflows, excluding GBTC.
ARK Invest’s strategic move: bet big on the potential of the Bitcoin Spot ETF
ARK Invest executed a strategic asset reallocation on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).
Spot Bitcoin ETFs shatter expectations: nearly $10 billion in trading volume in just three days
Despite not having a significant impact on the price of Bitcoin, the robust trading activity and substantial net inflows indicate a successful introduction and positive market reception for Bitcoin ETFs.
The controversy continues on SBF: banker and Fried against FTX’s Clawback with request for dismissal
FTX did not specify the exact sum allegedly embezzled by Bankman and Fried, but detailed some expenses: Bankman’s annual compensation of $200,000 as a senior advisor to the FTX Foundation, more than $18 million earmarked for Bahamian real estate, and $.5 million in contributions paid by FTX. Group at Stanford University.