Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,288,705,371,723.85
  • 24h Vol: $86,254,852,385.37
  • BTC Dominance: 55.91%
tencent-to-offer-metaverse-building-services-for-asian-markets

Tencent to Offer Metaverse-Building Services for Asian Markets

Leave a Comment / Asian Markets, Bitcoin, bytedance, cloud, Crypto Hacked, Cryptocurrency, Ethereum, media services, Metaverse, tencent, vr headset, Web3 / / / , , , , , , ,

Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual worlds for third-party companies. Tencent to Focus on Offering Metaverse Tools to […]

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russian-founders-of-defi-platform-forsage-indicted-in-$340-million-crypto-ponzi-scheme

Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme

Leave a Comment / Bitcoin, charged, Charges, Crypto, Crypto Hacked, crypto pyramid, Cryptocurrencies, Cryptocurrency, defrauded, Ethereum, Forsage, Fraud, indicted, indictment, investment, investment scheme, Investors, News, Ponzi Scheme, Pyramid Scheme, russian, russians, Victims, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , ,

Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly decentralized finance (defi) platform Forsage. Forsage Founders Charged With Running Cryptocurrency Pyramid A

Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme Read More »

developers-propose-cross-chain-bridge-for-xrpl-network-to-enhance-blockchain-interoperability

Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

Leave a Comment / Assets, Avalanche, Binance Smart Chain, Bitcoin, blockchain interoperability, Blockchain Networks, cross-chain bridge, Crypto Hacked, Cryptocurrency, development lab, Digital Currency, Ethereum, Github draft, ledger objects, legal battle, Market Capitalization, Mayukha Vadari, News, proposed technology, Ripple Labs, Ripplex, SEC, server type, Settlement, Social Media, software engineers, Solana, transaction replay, transactions, unregistered security, us regulator, XRP, XRPL developers, XRPL network, XRPL Standards / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge

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former-cohasset-high-school-employee-accused-of-stealing-thousands-in-electricity-to-mine-bitcoin-in-school-campus-crawlspace

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

Leave a Comment / Arraignment, ASIC, Bitcoin, Bitcoin (BTC), Bitcoin (BTC) mining, Blockchain, Charges, Cohasset, Cohasset Mining, Cohasset Police Department, Criminal Activity, Crypto Hacked, Cryptocurrency, Department of Homeland Security, Digital Assets, electricity theft, Energy Consumption, Ethereum, facilities director, Fraud, high school, Illegal Activity, Investigation, IT, Law Enforcement, Massachusetts, Mining, Nadeam Nahas, News, Technology, Vandalism, WCVB, William Bennett / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace Read More »

arbitrum’s-daily-transaction-count-surpasses-ethereum-for-the-first-time-ever

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

Leave a Comment / Arbitrum, Bitcoin, Blockchain, Chains, cheaper, computational workload, Crypto, Crypto Hacked, Cryptocurrency, daily transfer count, daily transfers, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, News, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, Zero Knowledge, ZK rollups, ZKsnarks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers Skyrocket Layer two (L2) scaling networks have become popular over the last two years as secondary

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever Read More »

former-ftx-ceo-sam-bankman-fried-faces-new-charges-in-multi-billion-dollar-fraud-case

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case

Leave a Comment / Alameda Research, Bank Fraud, Bitcoin, Charges, co-founder, commodities fraud, Corruption, Crypto Hacked, Cryptocurrency, Customers, customers' deposits, derivatives, detection, Ethereum, Federal Election Commission, federal grand jury, Fraud, ftx, indictment, industry, Money Laundering, money transfer, multibillion-dollar, new charges, new indictment, News, operations, Regulation, Sam Bankman-Fried, sbf, schemes, securities fraud, Stolen funds, systems, trust, unlawful contributions, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case Read More »

new-york-attorney-general-sues-crypto-exchange-coinex-—-claims-trading-platform-offers-unregistered-securities

New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities

Leave a Comment / Bitcoin, Coinex, Coinex crypto securities, Coinex SEC, Coinex unregistered, crypto exchange Coinex, Crypto Hacked, Cryptocurrency, cryptocurrency exchange Coinex, Ethereum, Letitia James sues Coinex, New York Attorney General Letitia James, New York Attorney General Letitia James Coinex, NY attorney general Coinex, NY Coinex, Regulation / / / , , , , , , , , , , ,

New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange.” The NY attorney general also stressed that Coinex is not registered with the U.S. Securities and Exchange Commission (SEC) even though the platform lets users

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bitcoin,-ethereum-technical-analysis:-eth,-btc-rebound-following-fed-minutes

Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound Following Fed Minutes

Leave a Comment / Analysis, Bitcoin, BTC, Crypto Hacked, Cryptocurrency, ETH, Ethereum, Market Updates / / / , , , , ,

Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is “substantially” slowing. Bitcoin was also higher, as it rose back above $24,000. Bitcoin Bitcoin (BTC) moved back above $24,000 on

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Report: Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO

Leave a Comment / Africa, Bitcoin, Chipper Cash, Crypto Hacked, Cryptocurrency, Ethereum, Fintech, Ham Serunjogi, Layoff, Nigeria / / / , , , , ,

The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of axed workers was given, one report estimated this to be around 100, or 12.5% of Chipper Cash’s entire workforce.

Report: Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO Read More »

crypto-groups-on-russian-social-media-hit-by-bots-discrediting-bitcoin

Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin

Leave a Comment / anti-bitcoin, Attacks, Bitcoin, Bots, campaign, Channels, Crypto, crypto channels, crypto groups, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Groups, Messages, messenger, News, Nikita Zuborev, Pavel Durov, Posts, Russia, russian, Social Media, social media platform, Social Network, Telegram, VK, Vkontakte / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain, members of the community have noticed. Bots Flood Vkontakte Groups With Comments Against Cryptocurrency

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