Crypto news

Key metrics on Ethereum are painting a bullish outlook for the network’s native cryptocurrency, ether (ETH), despite its sluggish momentum over the past weeks. The asset has struggled to match bitcoin’s (BTC) momentum following the conclusion of the United States presidential election, but on-chain metrics indicate a bullish trend in the near term. According to an analysis by the pseudonymous CryptoQuant official EgyHash, factors like Ethereum’s funding rates and Estimated...

[PRESS RELEASE – Sofia, Bulgaria, December 23rd, 2024] AdEx, the leading blockchain-based ad-tech platform, unveils AdEx AURA, a cutting-edge AI-powered onchain activity analyzer designed to enhance Web3 experiences. By analyzing publicly available data from Ethereum and Layer 2 blockchains, AURA delivers personalized insights that benefit users and business developers alike. AdEx AURA leverages advanced AI models to process user blockchain activity, such as transaction...

Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of Iraq and al-Sham (ISIS), which has been designated a terrorist organization by the United Nations and others. The charges stemmed from his actions between October 2019 and October 2022, during which he raised funds to assist female ISIS members in Syria. Guilty of Financing ISIS Operations In an official press release, the...

Kim Nam-guk, a former South Korean lawmaker from the Democratic Party, is under legal scrutiny for allegedly concealing substantial cryptocurrency holdings in his 2021 and 2022 asset declarations. He is accused of omitting millions in crypto profits and transferring assets to bank accounts. Hidden Crypto Profits A local news outlet, Donga, prosecutors have requested a six-month prison sentence for Kim, claiming he concealed 9.9 billion won, worth approximately $6.8 million,...

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity involved in a network laundering millions of dollars in illicit funds for North Korea. Lu Huaying and Zhang Jian, based in the United Arab Emirates (UAE), used a UAE-based front company to facilitate money laundering and cryptocurrency conversion, funneling the proceeds back to Pyongyang. OFAC Imposes Sanctions In its official press release on December...

As 2024 gradually wraps up, the web3 security firm Cyvers has released a Security, Fraud, and Compliance Report for the year, detailing how much impact cybercriminals and their operations had on the crypto industry. According to an executive summary shared with CryptoPotato, in 2024, the crypto industry lost over $2.361 billion to cyber threats across 165 incidents. This figure represents a 40% increase from 2023, when losses totaled $1.69 billion. Access Control Incidents...

TL:DR; Cardano’s native cryptocurrency, alongside the rest of the market, has slumped hard on a weekly basis, dropping to well below $1. However, history shows that similar corrections have been followed by massive gains for the asset, with predictions of up to $6. ADAUSD. Source: TradingViewADA’s recent price performance could be analyzed from two main perspectives – short-term and long-term. When looking at the past ten days or so, the landscape is quite gloomy. Within this...

A new survey by the blockchain infrastructure provider P2P.org has unveiled some challenges and trends affecting institutions’ crypto adoption strategies. It also highlighted opportunities that institutions could explore to adapt to the evolving practices in the crypto industry. The survey included participation from more than 15 institutional players, with intermediaries, investment funds, and venture capital funds making up 46%, 31%, and 23% of the respondents,...

Die Schweizerische Nationalbank (SNB) ist als unabhängige Institution eine der mächtigsten Akteure in der Wirtschaft des Landes. Sie entscheidet über die Geldpolitik, die Stabilität des Schweizer Frankens und über die Verwaltung der Devisenreserven. Doch wie kann die Bevölkerung oder das Parlament Einfluss nehmen, um die SNB dazu zu bewegen, Bitcoin als Teil ihrer Strategie zu berücksichtigen? Hier sind die möglichen Wege und ihre Auswirkungen. Anmerkdung: Der Schweizer Nationalbank gehört...

Bitcoin hat sich seit seiner Einführung im Jahr 2009 zu einer der revolutionärsten Innovationen der Finanzwelt entwickelt. Doch trotz seiner Popularität stößt das Netzwerk bei zunehmender Nutzung an seine Grenzen. Transaktionen können langsam und teuer werden – ein Problem, das in der Krypto-Community intensiv diskutiert wird. Die Lösung für diese Skalierungsprobleme scheint nun mit dem Lightning Network gefunden zu sein. Das Lightning Network ist eine sogenannte Layer-2-Lösung, die über dem...