The Russian Ministry of Internal Affairs has reportedly taken down four major illegal Dark Web sites, which have made over $260 million in cryptocurrency proceeds from the sale of stolen credit cards. Those platforms are Ferum Shop, Trump’s Dumps, Sky-Fraud forum, and UAS Store. The Latest Seizures Known as “carding” websites, these illicit platforms offer stolen credit cards, and buyers can purchase them with premium gift cards, luxury goods, or (as in this case)...
Read More »Are Users Pivoting to DeFi Trading? A Closer Look Into CEX Vs. DEX Numbers
Bitcoin started out as a technological experiment more than a decade ago. Since then, the global financial markets have undergone a tremendous shift. At the center of the digital currency revolution is blockchain technology which gave rise to the first-ever smart contract platform, Ethereum. Over the past years, the Ethereum network has become a significant driver offering users the ability to interact in a truly decentralized manner. Decentralized exchanges or DEXs are part...
Read More »Peercoin, the original pioneer of Proof of Stake consensus, goes cross-chain with Uniswap listing
THE HAGUE, NETHERLANDS and SAN FRANCISCO — February 9, 2022 — Peercoin, the original pioneer of Proof of Stake consensus, today announced that it has successfully listed on Uniswap, Ethereum’s leading decentralized exchange protocol. The debut of Wrapped Peercoin (wPPC) on Uniswap is the culmination of months of development and testing of wrapmeister, a custom-built cross-chain bridge software that enables dApp developers to convert Peercoin into ERC-20 tokens for use on...
Read More »MetaMask: ConsenSys to acquire MyCrypto
ConsenSys announced the acquisition of MyCrypto, a deep-rooted Ethereum interface, to team up with the market-leading Web3 wallet, MetaMask. MetaMask and MyCrypto will be combining their efforts under a shared banner to further improve the security of all the products and create a cohesive user experience across desktop, mobile, extension, and browser wallets. MyCrypto has been one of the most stable and compatible wallets in Ethereum since its beginnings in 2015, providing secure and...
Read More »InCore Bank to expand
InCore Bank expands its Digital Asset Brokerage to a 24/7 Banking Service with AlgoTrader Swiss InCore Bank integrates AlgoTrader’s digital asset order and execution management platform WIRESWARM to provide its institutional-grade crypto and digital asset trading for its banking clients around the clock. AlgoTrader and InCore Bank are proud to announce their new partnership focused on broadening access to the digital asset markets for banks and...
Read More »Bitcoin Has Risen, and the Crypto Space Seems to Be Recovering
Cryptocurrencies have shot up over the past several days. Bitcoin, for example, has gone up past $43,000, while Ethereum has shot past $3,100. Dogecoin has also jumped by more than six percent and is trading for about 15 cents at the time of writing. Bitcoin Is Doing Better Bitcoin has been suffering throughout the new year, and while things are certainly up at press time, it’s likely going to be a while before they fully recover. Bitcoin initially rose to about $68,000...
Read More »Crypto Price Analysis Feb-11: Ethereum, Ripple, Cardano, Solana and Shiba Inu
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Shiba Inu. Ethereum (ETH) ETH failed to push above $3,200 this week and fell back on the $3,000 support level yesterday, where the price is now consolidating. Despite this most recent pullback, the cryptocurrency had a stellar performance this week, with a 16% price increase in the past seven days. The big question is if ETH can hold above $3,000. If it manages to do so, then bulls might be in a...
Read More »Ethereum Price Analysis: Following 17% Weekly Surge, ETH Eyes This Level Next
Key Support levels: $3,000, $2,805 Key Resistance levels: $3,400, $3,750 Despite a decreasing volume as the price goes up, ETH continued to perform well this week and increased substantially. The key resistance sits at $3,400, and the cryptocurrency appears ready to test this level before any significant pullback. The support at $3,000 has held well and may be revisited if ETH is rejected at the key resistance. Chart by TradingViewTechnical Indicators Trading Volume: The...
Read More »Litecoin (LTC) Price Analysis: Bulls In Action Above $130
Litecoin price started a fresh increase above the $120 resistance against the US Dollar. LTC price is now trading above $130 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $130 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $130 and $125 support levels. Litecoin price is gaining pace above $130 against the US Dollar, similar to bitcoin. LTC...
Read More »How a Young Man Named Liam Went Too Far to Earn Crypto
Liam Ghershony – a 25-year-old former crypto enthusiast – has completed a 125-day jail sentence after drugging his father so he could convert more than $400,000 worth of his BTC into Ethereum. What Liam Did to Keep His Dad’s Crypto from Falling Liam was involved in crypto investing with his dad, and together, they began an account that saw them earn more than $350,000 in digital currency profits after taxes. Things were going well, but Liam had a serious drug problem...
Read More »