Tag Archives: News

A former top executive with Open Sea – a leading distributor and designer of non-fungible tokens (NFTs) – has been arrested for crimes such as wire fraud, money laundering, and insider trading. Open Sea Head Faces Criminal Probe NFTs have become increasingly popular over the past two years. First introduced in 2020, NFTs represent partial ownership in larger commodities, such as original comic strips or a piece of art. For example, if one is selling an NFT of the Mona...

The U.S. Commodity Futures Trading Commission (CFTC) has filed charges against a company in South Africa and its head executive for allegedly running the biggest crypto-based Ponzi scheme in recorded history. It is believed the firm may have run a commodity pool composed of nearly $2 billion in bitcoin, though the pool is slated to have been fraudulent. It is also believed that the company violated registration protocols. A CFTC Investigation Is Underway The enterprise –...

A new crypto book is coming to store shelves everywhere. The nonfiction work is titled “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” It is being optioned by a film company called Jigsaw Productions, and adaptations are being developed in multiple media forms. The book is written by Andy Greenberg, a reporter and writer for Wired. New Crypto Book Details Tracking Crime The book follows a group of investigators that have uncovered ways of...

Bitcoin cash price started a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $140 zone and the 55 simple moving average (4-hours). There was a break above a key rising channel with resistance near $140 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $160 and $165 to continue higher in the near term. Bitcoin cash price is climbing above $140 against the US Dollar, similar to bitcoin....

The European Union (EU) has agreed to some new regulations for the crypto space. The EU Seeks to Regulate Crypto Under the new laws being implemented, a cryptocurrency company working in an EU-labeled country must obtain a license before operating. It will also need to implement certain safeguards to ensure customers and their money are safe from fraud and illicit actors. Up to this point, crypto companies were only required to show proof that they had barricades against...

Not long ago, Live Bitcoin News published an article suggesting that Nayib Bukele – the bitcoin-supporting president of El Salvador – had lost his taste for crypto. He issued a tweet in response to a bitcoin-based inquiry that seemed kind of downtrodden, and many of us would understand why if that was the case. After all, the country has plunked more than $100 million into BTC, only to lose roughly 50 percent of the value initially gained due to the ongoing crypto...

Ric Edelman is the author of a new book called “The Truth About Crypto.” As a former financial adviser and wealth executive, Edelman sat down for an interview and offered his thoughts about what we can expect to see in the digital currency space in the coming years and months. Ric Edelman on Where Crypto Will Go Edelman started out by discussing the present crypto winter and what it means: A crypto winter refers to a major decline in the prices of bitcoin, Ethereum, and...

EOS price is gaining pace above the $1.20 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.15 and $1.12 support levels. EOS price is rising above $1.15 against the US Dollar, similar to bitcoin. The price could gain...

Litecoin is trading in a positive zone above $52 against the US Dollar. LTC price is now trading above $55 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $59 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $62 resistance zone. Litecoin price is rising above $58 against the US Dollar, similar to bitcoin. LTC price could continue to...

Kathy Hochul – the governor of New York – and her administration is moving to shut down a crypto mining operation in the Finger Lakes, claiming it is creating too much pollution. New York Has Suddenly Become So Anti-Crypto In a recent statement, DEC commissioner Basil Seggos explained: We are applying a new law to a new operation which had significant increases in emissions, almost tripling emissions. The company itself was unable to demonstrate that it could come into...