Chirag Tomar, a 31-year-old Indian Citizen, was sentenced today to 60 months in prison for his role in a cryptocurrency spoofing scheme that defrauded victims of more than $20 million. U.S. District Judge Kenneth D. Bell issued the sentence in Charlotte, North Carolina. Tomar’s scheme involved hundreds of victims worldwide,
Ethereum, the largest altcoin, is currently trading at $2,619, marking a 0.63% decline from its 17-day high of $2,688 three days ago. Despite the drop, Ethereum is up 9% over the past week. However, trading volume has decreased by 7%, signaling a potential shift in market sentiment. Ethereum’s price has
In 2024, the global crypto market has seen significant developments, including the launch of Bitcoin ETFs and growing adoption by both institutions and governments. As we enter Q4, the momentum continues with new projects and innovations. The leading crypto exchange Kraken has joined the action by introducing its own wrapped
Litecoin (LTC) has emerged as a standout performer in the cryptocurrency market, defying the initial ‘Uptober’ disappointment and rekindling hopes for a bullish close to the month. The token’s price action has shown increased volatility in the second half of October, breaking free from its previous consolidation around $66 and
XRP finds itself at a critical juncture as it steadily recovers from its late September downturn, which saw an 18% price decline. Currently trading at $0.55, the altcoin is on the cusp of reclaiming a previously established support level, potentially signaling the onset of a new bullish phase. This recovery,
The quest for the next big opportunity remains relentless in the crypto world, with many aiming to secure substantial returns. Amidst this backdrop, BlockDAG (BDAG) shines brightly, having successfully amassed nearly $99 million during its presale, gearing up for anticipated listings on major exchanges. While BlockDAG rides high on momentum,
Zug, Switzerland, 17th October 2024, Chainwire
The crypto market is briefly rebounding as the anticipated October momentum steamed. The altcoin, Injective (INJ) has soared over 10% in the early hours, crossing the $23 mark. The INJ rally coincides with the listing on the South Korean crypto exchange, Upbit. Upbit has officially listed Injective (INJ) to its
Cardano (ADA) has been experiencing market turbulence, with traders showing caution despite recent bullish attempts. After hitting a two-week high of $0.3711, ADA faced renewed selling pressure, dropping 4.24% in the past 24 hours to $0.3443. Trading volume has also decreased by 39%, further reflecting market hesitation. A key technical
An authoritative analyst, renowned for accurately predicting Uniswap’s meteoric price rise, now forecasts that three specific cryptocurrencies are set to surge by an astonishing 200 times by November 2024. This article investigates these emerging digital assets, examining the unique factors and market conditions that could propel them to unprecedented heights
