Tag Archives: News

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

A US government wallet, labeled ‘Noman Seleem Seized Funds,’  transferred 300 ETH on August 5, according to data provided by on-chain analytics firm Arkham Intelligence. The funds were sent to a wallet with the address ‘0x38cEd5767F1c16DeeA54c5175e0f23a5Dab1aD46.’ With that transfer, believed to be the government selling the seized assets, the wallet holds 0 ETH. The wallet’s holding was worth about $699,000 at the time of the transfer. This large volume of ETH may find itself on an exchange...

Former president and 2024 presidential candidate Donald Trump stated the importance of Bitcoin and the crypto market in a stream with well-known streamer Adin Ross. He warned the current administration about the ill effects of selling the US’ Bitcoin holdings instead of making the asset part of the country’s reserve. He mentioned how not focusing on Bitcoin at this level will prevent the US from innovating in the digital assets sphere, letting countries like China, a tremendous geopolitical...

The Australian Federal Police (AFP) has opened investigations into approval phishing scams that have stolen funds from about 2,000 wallets linked to Australian users. The information was revealed by a Chainalysis probe called ‘Operation Spincaster’ that studied scams of this nature across six countries spanning from May 2021. Scammers have stolen over $4 billion from users globally over the period the blockchain analysis firm investigated. In a blog published by Chainalysis last month, the...

A hacker who grabbed hundreds of millions from 2022’s Nomad bridge hack capitalized on ETH’s price drop to buy large amounts of the asset at a low price. They exchanged 39.75 million DAI for 16,892 ETH on August 5. ETH had dropped by over 20% in 12 hours, going from $2,760 to $2,172, which the hackers took advantage of. Lookonchain, an analytics firm analyzing on-chain activity, posted about the incident on X, “The #Nomad Bridge Exploiter spent 39.75M $DAI to buy 16,892 $ETH an hour ago and...

Two U.S. Senators have introduced a bill that proposes to give the Secret Service the ability to prevent money laundering using cryptocurrencies. Charles Grassley (R-Iowa) and Catherine Cortez Masto (D-Nevada) brought the bill titled “Combatting Money Laundering in Cyber Crime Act of 2024” on August 2. If passed, the bill would allow the Secret Service to go after criminal organizations using crypto to evade money laundering laws and commit fraud against U.S. financial institutions. Senator...

The crypto arm of Jump Trading, Jump Crypto, has unstaked about 120,000 ETH worth over $275 million. Jump Crypto will likely sell these assets as it has been moving them to crypto exchanges Binance, Coinbase, OKX, Bybit, and Gate.io wallets, according to Arkham Intelligence data. On-chain analyst Ember CN mentioned on X, “Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth US$410 million in batches into ETH and then transferring it to exchanges such...

Team Lead Péter Szilágyi has raised concerns about the future direction of the Ethereum blockchain network. His concerns center around the Ethereum PeerDAS proposal, which includes increasing the size of Ethereum blobs to 32 MB. Szilágyi argues that this upgrade would make it difficult for home stakers, who typically use simpler computing setups, to participate in the network. This, he believes, goes against the decentralized ethos of Ethereum. At this point I’d be happy to proven otherwise,...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.