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Cryptocurrency News

Location American Cryptocurrency News for 21 September 2024
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds...
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JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions...
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Computer Scientist: China's Crypto Crackdown Spurred Decentralization of Asia's Web3 Infrastructure Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto inf...
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Hamster Kombat Takes Season 1 Snapshot, Reveals Post-Airdrop Direction Amidst generalized complaints from users who suffered token slashes for being labeled as cheaters, Hamster Kombat has announced that it has taken a snapshot for its season 1. With this move, the project has already close...
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The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing...
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Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to Gains The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs c...
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Coinbase's cbBTC wrapped Bitcoin coming to Solana -- Breakpoint 2024 Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
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QCP Capital: Crypto Rally Extends, Supported by ETF Inflows Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin reteste...
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NFT Sales Climb 7.33%, Mythos, Blast, and Solana Lead the Charge Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, ...
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A Detailed Analysis of Ancient 2009 Bitcoin Wallet Spending Since 2015 On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block ...
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Bingx Resumes 'Mainstream' Asset Withdrawals 24 Hours After Hack Bingx said it has resumed withdrawals for “mainstream” cryptocurrencies including bitcoin, tether and ethereum among others. However, the exchange has warned of potential delays due to security reviews. The crypto ex...
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Supreme Court of India's Youtube Channel Hacked to Promote XRP Scam The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later t...
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Crypto lender Shezmu recovers hacked funds through negotiation Shezmu recovered nearly $5 million in stolen crypto through negotiations with a hacker and agreed to a higher bounty.
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Woman Sentenced to 8 Years in Prison After Failed Bitcoin Murder-for-Hire Plot A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a hitman to kill an Alabama resident. She paid nearly ...
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'Microsoft of Blockchains:' Bitwise Doubles Down on Ethereum's Fundamentals Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum w...
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US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). U...
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FATF Urges India to Strengthen Virtual Asset Regulation India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies...
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