Crypto news

St Felix was convicted on 25 June for his involvement in violent crimes aimed at physically distressing US citizens and parting them away from their crypto. Investigators proved he was the leader of a gang that was involved in such an operation in various regions of the US and abroad between September 2022 and July 2023. 13 other co-conspirators in the US were also convicted for their involvement in the crimes. “Remy St Felix, 24, of West Palm Beach, was a leader of a robbery crew that...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Metallica’s X account was hacked on Wednesday, and the hackers promoted a token called $METAL to its 6.1 million followers. In a series of posts, the hackers claimed various things about the token, like it being a partnership with Ticketmaster, the American ticketing company, and MoonPay, a well-known fintech firm. Other claims included token holders receiving discounted tickets to Metallica’s shows and merchandise—lucky airdrop winners would apparently receive free tickets and merchandise....

Kanav Kariya, Jump Crypto – Jump Trading’s digital asset arm – has stepped down, announcing his resignation. His resignation comes during a CFTC (Commodities and Futures Trading Commission) investigation of Jump, looking into its problematic connections with industry villains – Terraform Labs and FTX. Kariya wrote on X, “Today marks the end of an incredible personal journey for me. It’s my last day at Jump, a moment I’m receiving with both a heavy heart and great excitement about the road...

CleanSpark (CLSK) – one of the largest publicly traded Bitcoin mining firms – announced on Thursday that it had acquired one of its smaller competitors, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts (MW) of additional power to CleanSpark to bolster its mining operations. Another 400 MW of power is expected to be added in Tennessee over the next two years. CleanSpark Acquired GRIID For $155 Million The merger agreement...

The layer-2 ecosystem remains robust with protocols and EVM (Ethereum Virtual Machine) scaling platforms growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X on June 26. His comments came in response to a post from Movement Labs founder Rushi Manche, who said, “EVM L2s will go to zero. they mostly all suck compared to SOL.” Berckmans retorted, stating that the L2 ecosystem is still “growing like...

According to blockchain analytics platform Lookonchain, a Bitcoin wallet that had been inactive for 14 years has reemerged. The entity deposited 50 BTC worth around $3.05M to Binance. Early Bitcoin Miner Wallet Moves 50 BTC The dormant wallet, belonging to an early Bitcoin miner, sprang to life on Thursday, moving its entire balance of 50 BTC worth roughly $3.05 million to the cryptocurrency exchange Binance. A miner wallet woke up after being dormant for 14 years and...

The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the final stages. Many of these firms launched spot Bitcoin ETFs in January after a decade-long struggle...