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

David Kagel, an 86-year-old former attorney, faces significant consequences for his role in a multi-million-dollar cryptocurrency Ponzi scheme. Recently, he admitted to charges of conspiracy to commit commodity fraud. This admission highlights the ongoing issues within the cryptocurrency market, particularly regarding fraudulent activities that target unsuspecting investors​. Kagel’s scheme began

October 9, 2024 2 mins read

Coinbase Now Enables Bitcoin Transfers to Taproot Addresses

Coinbase has officially integrated support for sending Bitcoin to Taproot addresses, enhancing user transaction capabilities. This integration comes as Taproot, a significant Bitcoin upgrade from 2021, gains more traction for its efficiency and privacy benefits. The upgrade not only improves Bitcoin’s transaction performance but also facilitates the deployment of advanced

October 9, 2024 2 mins read

FTX Token Drops 10% as Former Executive Begins Prison Term

Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day.  In reflection, the FTX token

October 9, 2024 2 mins read

Shiba Inu’s Charitable Edge: Analyzing SHIB’s Philanthropic Impact

Shiba Inu (SHIB) has emerged as a frontrunner in charitable giving within the meme coin ecosystem, according to prominent crypto analyst Del Crxpto. This recognition comes in the wake of Ethereum co-founder Vitalik Buterin’s recent commendation of meme coin projects for their philanthropic efforts, sparking a broader conversation about the

October 8, 2024 1 min read

Crypto Analyst Predicts Major Move for Cardano, Compares ADA To 2022 Run

Cryptocurrency analyst Dan Gambardello has sparked intrigue in the Cardano community with his recent analysis, suggesting that ADA stands on the cusp of a major price movement. Drawing parallels between the current market cycle and the 2020 bull run, Gambardello’s insights offer a compelling narrative for Cardano’s potential trajectory. Reflecting

October 8, 2024 1 min read
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