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Janani

A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.

Posts by Janani

Heather Morgan Set for Sentencing in Major Bitfinex Hack Case

Heather Morgan Set for Sentencing in Major Bitfinex Hack Case

Heather Morgan, known in the music world as “Razzlekhan,” is set to be sentenced on November 15 for her involvement in laundering 120,000 bitcoins stolen from Bitfinex during a 2016 hack. Prosecutors have requested an 18-month prison term for Morgan, who pleaded guilty in August 2023 to one count of

November 4, 2024 2 mins read
Mutant Ape Planet NFT Creator Ordered to Forfeit $1.4 Million

Mutant Ape Planet NFT Creator Ordered to Forfeit $1.4 Million 

Aurelien Michel, the developer behind the controversial Mutant Ape Planet NFT collection, has been sentenced to a month of incarceration and ordered to forfeit $1.4 million in fraud-related penalties. The decision, handed down by U.S. District Judge Margo Brodie, comes as part of a case involving Michel’s alleged scheme that

November 2, 2024 2 mins read
Coinbase Calls Out FDIC for Restricting Crypto Banking Access

Coinbase Calls Out FDIC for Restricting Crypto Banking Access

Coinbase has revealed troubling findings about the Federal Deposit Insurance Corporation (FDIC), uncovering over 20 instances where the regulator advised banks to avoid providing crypto-related services. This information emerged following the exchange’s recent Freedom of Information Act (FOIA) requests aimed at shedding light on the ongoing governmental crackdown on cryptocurrencies.

November 2, 2024 2 mins read
Will Bitcoin Break Resistance or Slip Further?

Will Bitcoin Break Resistance or Slip Further?

Bitcoin (BTC) recently faced a sharp decline after touching impressive highs. On 30 October, BTC surged to $73,500, continuing its pattern of “Uptober” gains. However, it failed to sustain momentum, slipping below the crucial $70,000 level. As of now, Bitcoin is trading around $69,561, reflecting a slight 0.07% uptick in

November 2, 2024 2 mins read
Is AAVE Price Dip a Buying Opportunity?

Is AAVE Price Dip a Buying Opportunity?

AAVE has experienced a challenging 24 hours, with its price dipping 5% to a six-day low of $140 amid a broader market slump. Currently trading at $143, the token has seen an 8% decline in trading volume over the same period, while its weekly performance reflects a modest decrease of

November 1, 2024 2 mins read
WisdomTree’s $599M Crypto Dump Sends Shockwaves

WisdomTree’s $599M Crypto Dump Sends Shockwaves

WisdomTree, a leading provider of exchange-traded funds (ETFs) in the digital assets space, has triggered market anxiety with substantial Bitcoin and Ethereum transfers amid a turbulent period for cryptocurrencies. According to Onchain Lens, using Arkham Intelligence data, WisdomTree deposited 8,258 BTC—equivalent to roughly $598.89 million—into Coinbase on October 31. Alongside

November 1, 2024 2 mins read
ZetaChain Restores Operations Following Consensus Failure

ZetaChain Restores Operations Following Consensus Failure

ZetaChain (ZETA), an interoperability-focused Layer-1 blockchain, experienced a six-hour outage on Thursday, halting deposits and withdrawals. The network’s interruption was caused by a consensus failure linked to a recent update deployed to a limited number of validators, necessitating a rollback to node software version 20.0.5. At approximately 11:53 p.m. UTC,

November 1, 2024 2 mins read
Gary Gensler to Resign as US SEC Chair in January 2025

Crypto Firms Hit with $400M SEC Enforcement Bill Under Gensler

The U.S. digital asset sector has faced mounting costs exceeding $400 million in dealing with enforcement actions brought by the Securities and Exchange Commission (SEC) under Chair Gary Gensler. The Blockchain Association highlighted this figure, compiled and released in partnership with global markets research firm HarrisX, on Thursday, emphasizing the

November 1, 2024 2 mins read
Is Chainlink Poised for a Breakout Above $13?

Is Chainlink Poised for a Breakout Above $13?

Chainlink (LINK) experienced a significant price surge in the past 24 hours, reaching an eight-day high of $12.01 before stabilizing around $11.99. This 5% daily increase has brought new investor confidence, despite a 1% decline in trading volume and a challenging week with LINK’s price dropping to $10.70. The recent

October 30, 2024 2 mins read
Can DOGE Drive the Next Memecoin Season?

Can DOGE Drive the Next Memecoin Season?

In the latest market shift, Dogecoin (DOGE) has surged by 14% over the past 24 hours, reaching a four-month high of $0.1684, as its trading volume skyrocketed 119%. This rally comes amid Bitcoin’s surge past the $71,000 mark, which has contributed to renewed interest in the memecoin sector, with DOGE

October 29, 2024 2 mins read