Wed, September 30

Crypto Money Laundering on the Rise as per Recent Report

Irregular NFT markets received more than $1 million in cryptocurrencies. The firm said criminals received a record-breaking $14 billion in cryptocurrency. Chainalysis, a blockchain analytics business, estimates criminals laundered $8.6 billion (£6.4 billion) in crypto in 2021, an increase of 30% from the previous year. It claims that police might

February 9, 2022 1 min read

Bitcoin (BTC) and Ethereum (ETH) Prices Avoid Significant Drop

Between $46,109 and $41,201, the BTC price is now in a critical market area. The Ethereum price might test support levels around $3080. During the last several days, the price of bitcoin has shown incredible power, breaking above the critical resistance level of $42,000. However, despite a price range beyond

February 9, 2022 2 mins read

Indian Government Constantly Monitoring Crypto Sector Says Finance Minister

India’s central bank digital currency (CBDC) is also being developed by RBI. RBI would adopt crypto taxes before issuing its digital currency. It has been stated that the Indian government is “constantly monitoring” and “watching the crypto sector” by Finance Minister Nirmala Sitharaman. In reference to her budget address, she

February 9, 2022 1 min read

US Authorities Seizes 94K BTC Linked to 2016 Bitfinex Hack

The two suspects were taken into custody in Manhattan, New York City. More than two thousand bitcoin accounts were discovered in one wallet. According to the US Justice Department, a New Yorker-based couple has been detained for allegedly plotting to launder millions of dollars worth of cryptocurrencies, which announced the

February 9, 2022 2 mins read

XRP Prices Surges 50% in the Last 7 Days Showcasing Investors Confidence

The area between $0.8 and $1 might be a potential accumulation zone. The $0.8-resistance level was breached by XRP prices, resulting in a breakout. Many digital assets, including Bitcoin, have recovered from their near two-month bearishness, bringing a glimmer of hope to the larger crypto-market. XRP has had one of

February 9, 2022 2 mins read

Couple Detained by FBI For Bitfinex Hack Laundering Granted Bail

DoJ charges the duo with money laundering and defrauding the United States. Special agents were granted a warrant to inspect files. A 31-year-old New Yorker, Heather Morgan claims to be a serial entrepreneur, prolific writer, irreverent humorous rapper, and investor in B2B software firms with solid growth potential. Morgan and

February 9, 2022 1 min read

Avalanche Scores 80% Gain Extending To Third Bullish Week

The Crypto market entirely experienced a market crash in the last quarter of 2021 which eventually followed till the first two weeks of 2022. Several cryptocurrencies were following the same suite until BTC showed some changes in price action. Avalanche (AVAX) was one such crypto that went along with the

February 8, 2022 2 mins read

Meter Gets Hacked, Loses $4.4 Million!

Meter multi-chain DeFi platform gets hacked. Suffers losses estimated to be $4.4 million.  A bug attack is found responsible, targeting the platform’s weak bridges. Hacks and scams have indeed become an integral part of the crypto and blockchain ecosystem. In such terms, one of the most prominent multi-chain and bridging

February 8, 2022 2 mins read

TRON (TRX) Releases Weekly Report Showcasing Last Weeks Statistics

The total volume of TRON transactions has surpassed $7.8 billion. TRON Mainnet now has 74,915,635 active accounts. TRON operating system is built on blockchain technology and is designed to make it functional in the real world. TRON’s network, in contradiction to Bitcoin’s and Ethereum’s, claims to be able to process

February 8, 2022 2 mins read

Prominent Crypto Exchange Bybit Enters Strategic Partnership With Cabital

The company’s goal is to let consumers generate passive income from their crypto. Cabital, which is audited annually by an external auditor. It was revealed today that major global digital assets institution Cabital has joined forces with one of the fastest-growing crypto exchanges in the world: Bybit. Cabital is capable

February 8, 2022 1 min read