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Search Results for: Cryptocurrency

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

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

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

LBank Exchange Will List Lucky Block (LBLOCK) on February 11, 2022

INTERNET CITY, DUBAI, Feb. 8, 2022, ZEXPRWIRE – LBank Exchange, a global digital asset trading platform, will list Lucky Block (LBLOCK) on February 11, 2022. For all users of LBank Exchange, the LBLOCK/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on February 11, 2022. The lottery

February 9, 2022 4 mins 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

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

In-depth Review of Prominent DeFi Analytical Tool ‘Defi.watch’

Introduction As a relatively new model, DeFi might prove to be a challenge for beginners, as well as experts who want to benefit from all of the available options. This led to the development of a comprehensive analysis tool that could be used by any prospective investors interested in learning

February 8, 2022 4 mins read

Despite Price Fall, Popular Analyst Backs Cosmos (ATOM) in 2022

The Cosmos Hub’s Vega update is designed to make it run faster and smoother. Cosmos is down 4.51% in the last 24 hours. Following the apex of $44.45 on January 17, the price of Cosmos has continued to fall in a negative trend. The ATOM price has been quite erratic

February 8, 2022 2 mins read