According to a recent report from the Europol Internet Organized Crime Threat Assessment, Bitcoin remains the most commonly exploited cryptocurrency by criminals. The report noted that Bitcoin is often converted to stablecoins like Tether (USDT) for stability and is still frequently encountered in cybercrime and fraud. The Tron blockchain’s lower transaction fees have made it
Igloo, Inc., the company behind the non-fungible token Pudgy Penguins, has announced it raised $11 million in funding to build its latest blockchain project. Peter Thiel’s Founders Fund led the fundraising round, which Igloo says will fund a new Ethereum (ETH) based consumer Layer 2 solution to bolster crypto adoption. Igloo eyes consumer-focused blockchain The
Kraken has started distributing Bitcoin received from the Mt. Gox Trustee on July 16. Creditors of the defunct Bitcoin (BTC) exchange Mt. Gox reported seeing crypto balances on the Kraken platform, as impacted users saw relief 10 years after a historical hack. The news was confirmed on Reddit via a subreddit called “mtgoxinsolvency.” Several users believed
DeFi exchange, dydX, is negotiating the sale of a portion of its derivatives trading software for an undisclosed amount. The sale would be for the exchange’s v3 software, a previous iteration of the dYdX platform. It has attracted traders due to its high liquidity and low slippage rates for large transactions. Potential buyers of dYdX
Binance Labs has invested in Pluto Studio, the GameFi publishing platform that launched the Telegram-based gaming bot Catizen. In an announcement on Tuesday, Binance Labs said it led the investment in Pluto Studio. The startup will use the investment to fund growth initiatives across its platform. Pluto Studio to use funding to boost Catizen growth
Increased transactional activity on Solana-based applications and a surge in the total value locked (TVL) on the network have contributed to Solana’s recent outperformance. Expectations of a possible exchange-traded fund (ETF) product and easing regulatory policies under a potentially crypto-friendly Trump administration have further boosted Solana’s appeal among investors. Increased transactional activity and booming expectations
The price of Bitcoin quickly dipped Sunday after Joe Biden announced that he would drop out of the 2024 presidential election. But while the plunge led to the liquidation of millions of dollars in long positions, it was short-lived. Bitcoin quickly fell from a price of $67,453 to $65,884 within 30 minutes, per data from
According to breaking information, Elon Musk changed his profile photo to “laser eyes” representing Bitcoin, and according to flight information, his jet landed in Tennessee, where the Bitcoin Conference will take place. The information shared by Fox Business reporter Eleanor Terrett, who usually works in the field of cryptocurrency, was also confirmed by an Instagram
Davinci Jeremie, one of the well-known names in the cryptocurrency world, has been attracting attention since 2013 when he called on everyone to buy Bitcoin (BTC) for only 114 dollars. Jeremie’s journey into the cryptocurrency world began by focusing on gold and silver as solutions to the problems of the financial system. However, his discovery
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Commodities Cryptocurrencies Mining Economy Conferences Opinion commodities / gold Moderate selling pressure on gold amid negative outside markets By Jim Wyckoff Published: 16:12 Updated: 16:16 Kitco News The Leading News Source in Precious Metals Kitco