Crypto news

Phishing attacks have wreaked havoc in the crypto industry. In a recent move to combat cyber fraud, the National Fraud Intelligence Bureau (NFIB) in the United Kingdom announced the blocking of 43 web domains associated with fraudulent activities. Spearheaded by the City of London Police, this crackdown follows the discovery of a spoof email address masquerading as the legitimate crypto site blockchain.com. 43 Suspicious Web Domains Blocked According to Pete O’Doherty, the...

The U.S. Treasury Department has reported that despite the growing trend of illicit actors turning to cryptocurrencies for money laundering and financing, cold hard cash remains their preferred tool. In its 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing, the Treasury shed light on the various threats, vulnerabilities, and risks associated with illicit finance within the United States. Digital Assets Threat on the Rise...

New York Attorney General Letitia James has massively expanded her lawsuit against Digital Currency Group (DCG) for allegedly defrauding hundreds of thousands of investors in its relationship with Genesis and Gemini Earn. In an amended filing with the Supreme Court of New York on Friday, the AG accused both firms – alongside DCG CEO Barry Silbert and ex-Genesis CEO Soichiro Moro – of “defrauding additional individuals and institutions of an additional $2 billion.” Genesis...

Coinbase, the largest cryptocurrency exchange in the U.S., believes American households could have saved approximately $74 billion in credit card transaction fees in 2022 if they used blockchain technology. In Coinbase’s latest State of Crypto Report, the exchange outlined the frustrations of the current financial system, ranging from high costs to delays and difficult access, insisting that blockchain technology eliminates all the issues. Saving $74B in Transaction Fees...

Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18.  The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders signal temporary reversals or pullbacks in an asset’s price within a broader trend.  Hi all. We recently checked the #XRP daily frame &...

[PRESS RELEASE – Kuala Lumpur, Malaysia, February 10th, 2024] Today, dragonsworld introduces The Dragons project: the pioneering token talisman crafted by a team of crypto enthusiasts, dedicated to infusing the ancient energy of this revered symbol into the digital realm. As the Chinese New Year of the Dragon is ushered in, users are invited to join in celebrating this auspicious occasion with exclusive activities and bonuses for the inaugural Dragon holders. The Main idea of...

On-chain analysis by market intelligence platform CryptoQuant has found that selling pressure from Bitcoin miners has eased and remained low despite a significant decline in transaction fees. According to the firm’s latest weekly report, Bitcoin sold daily by miners currently sits around 300 BTC, significantly down from the companies’ 800 BTC daily sales in November and December 2023. Bitcoin Miner Selling Pressure Remains Low Bitcoin miner selling pressure has stayed low in...

Die Postfinance steigt nun endlich komplett in die Welt der Bitcoin-Services ein und lädt die Journalisten am 19. Februar nach Bern ein. Bitcoin-Börsen wie Bitpanda haben mittlereile europäische Lizenzen und gerade Bitpanda wurde damit zum Einhorn; zum Milliarden schweren Unternehmen. Nun zieht die Postfinance nach und schreibt an alle Finanzjournalisten: Wir freuen uns, Sie zu einem exklusiven Medienevent einzuladen, bei dem Sie die Gelegenheit...

Bitcoin’s positive price performances continued in the past 24 hours as the asset jumped above $48,000 and marked a new monthly peak. The altcoins are also in the green, with ETH tapping $2,500 and SOL jumping to $110. BTC on the Rise A lot can change in the cryptocurrency market within a week, and this is what happened to BTC in the past seven days. Last weekend, the asset had recovered from the most recent declines and stood at around $43,000. The next several days were...

Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent announcements by crypto wallets from renowned exchanges like Binance and OKX, which emphasized the inclusion of support for the ERC-404 token standard. The ERC-404 Token Standard Based on data from CoinGecko, the Pandora token peaked at $32,427 today, marking a 35% increase in the past 24 hours. Its current trading price is...