Crypto news

Ontario’s self-styled ‘Crypto King,’ Aiden Pleterski, was arrested and accused of fraud and money laundering related to an alleged Ponzi scheme following one of the most extensive fraud investigations the region has witnessed. The 25-year-old, along with his associate, 27-year-old Colin Murphy, allegedly stole approximately $30 million from unsuspecting victims. Crypto King’s Arrest The charges stem from a 16-month investigation known as ‘Project Swan’ conducted by Canadian...

TL;DR Dogecoin and Shiba Inu are top meme coin contenders for 2024, with DOGE benefiting from endorsements and a strong community, while SHIB has shown significant yearly gains. ChatGPT also outlined the chances of Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK) due to their recent price rallies and solid support base. DOGE and SHIB Are Among the Contenders The meme coin sector has captured the attention of industry participants in the past several months, with numerous...

Two siblings who attended the Massachusetts Institute of Technology (MIT) are now facing allegations of exploiting a vulnerability in the Ethereum blockchain. The duo reportedly swindled $25 million within 12 seconds, which the prosecutors labeled as a first-of-its-kind caper. If convicted, both of them could potentially serve sentences exceeding 20 years in prison. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are facing federal charges in Manhattan for fraud and...

The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a lower-than-expected inflation rate in the United States. According to the latest CryptoQuant weekly report, bitcoin’s latest rally has also been sustained by a recent decline in selling pressure. However, demand for the cryptocurrency has yet to pick up. Bitcoin Selling Pressure Declines The fall in BTC selling pressure can be seen in the on-chain activity of short-term holders...

The cryptocurrency landscape is witnessing significant movements with Ethereum’s price soaring above $3,100, Solana’s SOL aiming for new heights, and Furrever Token captivating the market with its charming appeal. Each of these developments highlights key trends and potential in the digital asset space. Ethereum Surges Above $3.1K Following Regulatory Win and Strong Network Activity Ethereum’s price recently soared to $3,100, marking its highest point in ten days,...

Decentralized finance (DeFi) has been one of the most transformative and innovative sectors in the blockchain and cryptocurrency space. It has provided an alternative to traditional financial systems by offering open, permissionless, and inclusive financial services to anyone with an internet connection. As the DeFi ecosystem evolves, new projects and platforms emerge to address the existing challenges and push the boundaries of what is possible. One such project...

TL;DR Polkadot partnered with Founder Institute to launch a Web3 cohort and introduced Asynchronous Backing to enhance scalability. Some of its parachains, such as Acala Network and Moonbeam Network, have also made notable advancements in security, governance, and community engagement initiatives. Summary of the Latest Developments Polkadot’s ecosystem continues to advance due to frequent improvements in its operations and vital partnerships. Most recently, the blockchain...

Bitcoin keeps touching new levels of adoption in the real world, with traditional finance (TradFi) firms embracing the digital asset at a remarkable pace. The significant investment in spot Bitcoin exchange-traded funds (ETFs) signifies growing institutional interest in crypto assets. Last quarter, a staggering number of U.S. banks, investment managers, hedge funds, and professional firms bought spot Bitcoin ETFs, as seen in their 13F filings with the Securities and Exchange...

The cryptocurrency trading landscape has long been complex, with enthusiasts facing various challenges. From converting crypto to fiat to limited accessibility, crypto has faced challenges.  RCO Finance is a pioneering force in this vast landscape, aiming to revolutionize trading with its groundbreaking AI-powered platform.  RCO Finance provides an accessible interface for users to exchange their coins for cash. With this AI-powered decentralized trading platform,...

Bitcoin had a quite positive trading week in which it gained over six grand and skyrocketed to its highest price tag in almost a month of over $67,000. Most altcoins also followed suit, with SOL, AVAX, BCH, LINK, and many others registering double-digit gains. BTC Calms at $67K Bitcoin had retraced to just over $60,000 last Friday, but the bulls managed to defend that psychological support level during the weekend. Moreover, the asset started to climb on Monday and jumped to...