Cryptocurrency News
US Authorities Charge Man in Connection With $43 Million 'Classic' Ponzi Scheme
Bitcoin.com - 4 May 2024 15:17
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43...
Grayscale's GBTC stops bleeding: First inflow since launch
Coin Telegraph - 4 May 2024 08:13
Grayscale Investments' GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam
Crypto News - 4 May 2024 03:37
An unknown trader lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction in an address-poisoning scam. The post Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam appeared first on Cryptonew...
Block Is Buying Bitcoin Every Month for Its Balance Sheet
Bitcoin.com - 5 May 2024 01:35
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products t...
Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development
Bitcoin.com - 4 May 2024 23:37
According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has...
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges
Bitcoin.com - 4 May 2024 22:09
According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years fol...
Snowden Issues 'Final Warning' to Bitcoin Developers on Privacy Enhancements
Bitcoin.com - 4 May 2024 20:23
In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warni...
Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend - Bullish Week Incoming?
Crypto News - 4 May 2024 18:42
Bitcoin surges past $63,200, boosted by halted rate hikes and fresh inflows into ETFs, suggesting a bullish trend ahead as market cap hits $2.36 trillion. The post Bitcoin Price Prediction as BTC Is Back Above $60,000 Be...
NFT Market Sees Over 30% Decline in Weekly Sales
Bitcoin.com - 4 May 2024 18:31
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56....
Grayscale's Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow
Bitcoin.com - 4 May 2024 17:07
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees Fir...
Democratizing Investment - The Power of Asset Tokenization in Real-World Assets
Bitcoin.com - 4 May 2024 12:26
In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person f...
Bitcoin Price Prediction: BTC Surges to $63,375, Eyeing $70,000 as Buying Intensifies
Crypto News - 4 May 2024 10:32
With Bitcoin climbing to $63,375 and resistance looming at $70,000, the crypto community buzzes about the next big breakthrough in price. The post Bitcoin Price Prediction: BTC Surges to $63,375, Eyeing $70,000 as Buying...
Paypal Partnership Allows US-Based Moonpay Users to Buy Crypto With Their Paypal Accounts
Bitcoin.com - 4 May 2024 09:18
The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpa...
Former Cred execs face wire fraud and money laundering charges
Coin Telegraph - 4 May 2024 04:52
After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8.
Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January
Coin Desk - 4 May 2024 04:04
GBTC, the biggest spot bitcoin ETF, has seen its assets under management lead over BlackRock's IBIT shrink.
Friend.tech Native Token Tanks 50% After Biggest Whale Dumps
Crypto News - 4 May 2024 03:23
Friend.tech native token FRIEND fell 50% after its debut as the largest whale dumps their holdings. Meanwhile, users can't access the airdrop. The post Friend.tech Native Token Tanks 50% After Biggest Whale Dumps appeare...
Hugewin Crypto Casino: Redefining Cryptocurrency Gaming With Unrivaled Diversity and Unmatched Excitement
Bitcoin.com - 4 May 2024 03:00
Hugewin Crypto Casino proudly announces its emergence as a groundbreaking force in the realm of cryptocurrency gaming, offering an unparalleled fusion of innovation, diversity, and excitement. With a comprehensive suite ...
Is Internet Computer Going to Zero? ICP Price Drops 2.3%, Investors Rush Into This New GambleFi Token
Crypto News - 4 May 2024 02:56
Investors are concerned that promising cryptocurrency Internet Computer (ICP) could be headed to zero, with its rally since late 2024 looking at risk of petering out and are instead turning to a promising new GambleFi to...
Chinese AI Startups Take on Industry Giant OpenAI
Crypto News - 4 May 2024 02:50
A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for...
Bitcoin Whales Bought The Dip, Netting 47,000 BTC In 24 Hours
Crypto News - 4 May 2024 02:22
On-chain data says whales bought the Bitcoin dip, and early ETF flow data seems to corroborate it. The post Bitcoin Whales Bought The Dip, Netting 47,000 BTC In 24 Hours appeared first on Cryptonews.
LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon
Crypto News - 4 May 2024 02:15
The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence o...