Crypto news

TRM Labs, a leading blockchain analysis firm focused on preventing cybercrime, has released a comprehensive report on the illicit sums lost to bad actors in the crypto space in 2022. The figures are quite notable, especially given the declining prices and interest in the market last year. Improved Cybersecurity Measures In spite of the plummeting value of various digital assets due to crypto winter and the myriad collapses that accompanied it, the number of scams and thefts...

After a successful breakout above the critical $30K resistance level, Bitcoin’s price is currently maintaining its position above this level. However, there are concerning indications emerging that suggest a potential retracement or change in direction in the near future. Technical Analysis By: Edris The Daily Chart: After a strong bullish breakout above the crucial resistance level at $30K, the upward momentum in Bitcoin’s price has halted on the daily chart. The price is...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The nation of Pakistan has issued a warning that it’s going to look into potentially banning crypto. Will Pakistan End All Crypto Activity? The news came by way of Pakistan Minister of State for Finance and Revenue Aisha Ghaus Pasha, who said in a recent Senate session that his country has no interest in...

Max Keiser has once again come out with a comment on the ongoing case between the United States Securities and Exchange Commission and Ripple – the company behind XRP. The Bitcoin permabull thinks Ripple will lose, but the reason is not what many might think. Max Keiser is a well-known proponent of Bitcoin – one that’s been very vocal about the primary cryptocurrency’s merits. He’s also bashed multiple altcoins on many different occasions, and Ripple’s XRP hasn’t been an...

Kraken has been ordered to turn over sensitive user information for clients that had transactions worth in total over $20,000 over the course of a year. The tax agency said it wants to determine whether crypto investors have been cheating on their tax reports. The IRS filed the initial court petition in the Northern District of California earlier this year, claiming that it had previously issued summons to the exchange in 2021 that the latter ignored. The agency also said it...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jerome Powell – the man at the head of the table in the Federal Reserve chambers – is getting ready to offer what many analysts call another hawkish speech, and they’re concerned about what his words could do to bitcoin and the rest of the crypto industry. The Federal Reserve is at It Again Over the past year...

A year after invading Ukraine, Russia’s military fundraising groups have raised millions of dollars in cryptocurrencies despite sanctions imposed by the U.S. and other countries. While it appears that Russian military procurement and disinformation groups have raised about $4.2 million, comparatively smaller than Ukraine’s over $212 million, research by blockchain analytics firm Elliptic has discovered that the nation has raised as much as $20 million in cryptocurrencies....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A man in Aurora, Colorado has been accused of stealing roughly $9 million in crypto funds. 31-year-old Mark Shin has been charged with theft, cybercrime, and money laundering at the time of writing for allegedly taking part in a scheme back in April of 2020 through his home computer. Mark Shin: Stealer or...

A low-profile but highly influential senior executive at Binance has spoken out as the company begins legal battles against two top market regulators in the United States. Yi He, who boasts a massive fortune as one of the company’s early shareholders, has also had children with Binance CEO Changpeng Zhao (CZ). The SEC Lawsuit He spoke to Bloomberg in a series of interviews – one of which took place in Dubai last month, shortly before the Securities and Exchange Commission...

Bitcoin went on a short-lived roller-coaster yesterday but has reclaimed $30,000 after dumping to a 10-day low. Yet, its dominance over the altcoins has declined a lot on a daily scale, as some, such as LTC, LDO, VET, and BSV, have shot up. BTC’s Dump and Pump After last week’s massive price surge, which drove bitcoin from $26,500 to over $31,000 at one point, the cryptocurrency had calmed and remained in a tighter range between $30,000 and $31,000. It tried to overcome the...