Cryptocurrency Market

  • Market Cap: $2,335,885,099,566.60
  • 24h Vol: $84,407,600,429.56
  • BTC Dominance: 56.40%

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german-government-officially-acknowledges-involvement-in-50,000-bitcoin-sell-off

German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off

The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move as an “emergency sale.” Bankhaus Scheich Wertpapierspezialist AG, the […]

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Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline

Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from the platform before the specified date. This decision is similar

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skybridge’s-scaramucci-warns-billionaires-supporting-trump:-dangerous-times-ahead

Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead

Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably short-lived, lasting only 11 days, due to his controversial remarks and conflicts within the administration.

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issuance-of-tron-based-usdt-exceeds-$60-billion

Issuance of TRON-Based USDT Exceeds $60 Billion

In a recent social media post, Justin Sun, the founder of TRON, announced that the issuance of TRON-based USDT has reached a significant milestone, exceeding $60 billion. This achievement also marks TRON as the first blockchain to have a single stablecoin valued at more than $60 billion. This development underscores the growing influence and adoption

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Crypto-Friendly VC Andreessen Horowitz Backs Trump Campaign

Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz, has announced his support for former President Donald Trump in the 2024 presidential race, citing Trump’s policies as more favorable for the tech industry and startup ecosystem. Andreessen, a self-described lifelong Democrat, explained his reasoning on the latest episode of “The Ben & Marc Show”

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man-pleads-guilty-in-meijer-loyalty-program-fraud-case,-forfeits-crypto

Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto

Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his computer tower and approximately $630,000 in frozen cryptocurrency and cash. He compromised Mperks, a loyalty program

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zimbabwean-miner-launches-blockchain-based-gold-tracking-system

Zimbabwean Miner Launches Blockchain-Based Gold Tracking System

Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country. This system ensures that all gold from Kuvimba is traceable from the mine to international markets. Kuvimba, the country’s largest gold producer, emphasizes transparency, legitimacy, and responsible mining. The Comstack system, utilizing blockchain technology, enhances

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judge-refers-craig-wright-for-criminal-prosecution-in-bitcoin-case

Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case

Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting his claim. The Crypto Open Patent Alliance, including Block, founded by Twitter’s Jack Dorsey,

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cambodian-firm-receives-$150k-in-crypto-from-north-korean-hackers

Cambodian Firm Receives $150K in Crypto From North Korean Hackers

A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked to funds stolen from Atomic Wallet,

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Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit

Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister crypto exchange Bitfinex are facing a class action lawsuit. The

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