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Sarayu Krishna

Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain

Posts by Sarayu Krishna

Crypto Ponzi Scheme Leads to $14M Restitution Penalty for David Kagel

Forcount Ponzi Scheme Promoter Faces 20 Years for $8.4 Million Fraud

Juan Tacuri, a senior promoter of the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. The plea was entered before Judge Analisa Torres at the Southern District of New York (SDNY) court, and he is set to be sentenced in New York in September for

June 6, 2024 2 mins read

DWF Labs Injects Another $12 Million With the Incoming of Metaverse Game

Crypto trading firm, DWF Labs has announced plans to purchase $12 million worth FLOKI tokens from the open market and the Floki treasury. This initiative will support the dog meme coin-turned-utility project’s growing ecosystem. This follows their previous commitment of $10 million worth token purchase in February, which caused a

June 4, 2024 2 mins read

Will Bitcoin Reach Its New High by Mid-June?

Bitcoin (BTC) witnessed a notable momentum over the last month. The bull-bear confrontation made the price fluctuate within the $62,000-$70,000 range. Over the past 30 days, this largest cryptocurrency teased a short bullish rally to near its all-time high (ATH) facing several market obstacles.  At the time of writing, BTC

June 4, 2024 2 mins read
Shiba Inu (SHIB) Team Warns Investors of Rising Scam Threats

Shiba Inu (SHIB) Team Warns Investors of Rising Scam Threats

The Shiba Inu (SHIB) development team has issued a crucial warning to their community regarding scams targeting SHIB investors. In a recent post on Discord by DaVinci, he warned that deceptive individuals are launching illicit tokens claiming alliance with the official SHIB ecosystem. DaVinci’s warning was shared by Shiba Inu

June 3, 2024 2 mins read
Binance Research October Report Highlights Key Crypto Market Challenges

Binance to Delist Four Underperformed Altcoins from its Exchange

Binance, one of the world’s leading cryptocurrency exchanges, announced the delisting of four tokens by June 17. It includes OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM). Deposits of the tokens will not be credited after June 18, 2024. Further, the withdrawals of these assets will not be

June 3, 2024 2 mins read
Can Bitcoin Soon Break Past the $68,000 Resistance?

Can Bitcoin Soon Break Past the $68,000 Resistance?

Bitcoin (BTC), the leading cryptocurrency by market cap, hit close to its all-time high last month, fluctuating between $58,000 and $71,000. Currently trading at $67,668, BTC is struggling to break past the $68,000 mark amid a recent decline.  In the past 24 hours, BTC prices have dropped by 1.05%, with

June 1, 2024 2 mins read
Huge Transfers Witnessed from Luna Foundation Guard, Eyes Enhanced Security

Huge Transfers Witnessed from Luna Foundation Guard, Eyes Enhanced Security

The Luna Foundation Guard (LFG) address had a fund transfer of a substantial amount of digital assets. Around 1.974 million AVAX, approximately worth $71.2 million, and 39,499 BNB worth $23.5 million, were moved to an unknown address. Additionally, an insignificant amount of transfers were also recorded on the platform, as

May 31, 2024 2 mins read
MetaDragon Hacker Moves $192K in BNB to TornadoCash: Wake-up Call?

MetaDragon Hacker Moves $192K in BNB to TornadoCash: Wake-up Call?

The MetaDragon, a decentralized NFT game platform, has been a victim of a hack resulting in the theft of 321.5 $BNB worth $192K. According to Peckshield, a blockchain security firm, the stolen assets have been transferred to TornadoCash, a privacy-focused mixer.   #PeckShieldAlert @MetaDragonDao exploiter -labeled address has already sent 321.5

May 30, 2024 2 mins read
Fidelity Investments Secures Revenue-Sharing Deals with ETF Managers

Global Bitcoin ETFs Hold 5% of Supply Implies the Rise of Institutional Interest

Bitcoin exchange-traded funds (ETFs) worldwide have exceeded 1 million BTC under management, nearly 5% of the largest cryptocurrency’s circulating supply. This signals bullish institutional interest, and mainstream adoption of Bitcoin as an investment asset.  Global Bitcoin ETFs and its BTC AUM (Source: The Bold)  Signaling a major shift in the

May 28, 2024 2 mins read
The Staggering 187x Gain on MAGA Token-Turning $16.4K into $3.07M

The Staggering 187x Gain on MAGA Token-Turning $16.4K into $3.07M

The crypto market has witnessed the bull run of some of the meme coin in a while, and a crypto trader known by the Ethereum address “whalefud.eth” has converted a $16.4K investment into $3.07M in 11 days, dragging the recent hype around Trump-themed meme coins and the $MAGA token. This

May 27, 2024 1 min read