Crypto News 4722 Videos

Tornado Cash Developer Alexey Pertsev Convicted of Money Laundering

Key takeaways: The conviction of crypto mixing protocol creator Tornado Cash’s creator for money laundering might have serious ramifications for others who create open-source software. According to an earlier indictment, Pertsev ought to have known that some of the transactions on the platform he co-developed had illegal origins. The conviction of crypto mixing protocol creator […]

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Coinbase Reports Outage, Assures Safety of Funds

Coinbase, a prominent cryptocurrency exchange, is currently grappling with a system-wide outage, prompting concerns among users. The exchange has swiftly responded to the situation, assuring customers that their funds remain secure while its team diligently works on resolving the issue. In a recent announcement, Coinbase acknowledged the outage and disclosed that its team is actively […]

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Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K

Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear yet, Tapiero asserts that this detail is irrelevant at this stage. Tapiero Says Sideways […]

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‘Liquid Vesting’ Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting

Even in anything-goes crypto trading, there are conventions designed to protect the little guy. One of those is the vesting period – a window of time following a digital-token sale or airdrop where early investors, such as founders, project contributors and venture-capital backers, are locked up from dumping their allocations. Source link

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Derivatives Exchange dYdX CEO Antonio Juliano Steps Down

Key takeaways: After leading the cryptocurrency derivatives platform for seven years, the CEO of the decentralized exchange dYdX is leaving the position. While suggesting his “next step,” Juliano did not mention his future professional objectives. After leading the cryptocurrency derivatives platform for seven years, the CEO of the decentralized exchange dYdX is leaving the position. […]

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Bitcoin Mining Difficulty Sees Major Drop, Largest Since Crypto Winter

The latest report from Bernstein reveals a notable 6% decline in Bitcoin (BTC) mining difficulty last week, marking the most substantial drop since the crypto winter of December 2022. This downturn is seen as a beneficial shift for miners, particularly those with lower operational costs. According to analysts Gautam Chhugani and Mahika Sapra, this adjustment […]

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Middle East-Focused Crypto Exchange, Rain, ‘Likely Exploited’ for $14.8 Million, Says Zachxbt

The cryptocurrency exchange Rain, which focuses on the Middle East, was likely exploited for $14.8 million on April 29, according to online crypto investigator Zachxbt. Zachxbt says he traced the stolen funds to a bitcoin address with 137.9 bitcoins and an ethereum address holding 1,881 ether. Crypto Exchange Yet to Confirm Attack According to online […]

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Bitcoin Miner Marathon (MARA) In Talks With Kenya to Help With Its Green Energy Ambitions

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a […]

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Chinese Police Bust $310M Crypto Trading Scheme, Six Arrested

Key takeaways: The Panshi City Public Security Bureau in Jilin Province, China, effectively shut down an illicit underground virtual currency money exchange organization. The authorities followed up on leads and discovered that the two people’s bank accounts had significant transaction flows. The Panshi City Public Security Bureau in Jilin Province, China, effectively shut down an […]

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Binance Registers with India’s FIU, Aims to Restart Operationsment

Binance, the world’s largest cryptocurrency exchange, has taken significant steps toward resuming its operations in India by registering with the country’s Financial Intelligence Unit, as confirmed by a senior FIU official. The registration comes after Binance was suspended from operating in India this past December due to non-compliance with local regulations, amid a broader crackdown […]

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Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains

The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to Nigeria’s ongoing foreign exchange shortages. One economist expects the pressure on the currency to peak […]

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