Cryptocurrency Market

  • Market Cap: $2,261,276,917,959.10
  • 24h Vol: $80,704,284,974.64
  • BTC Dominance: 56.37%

Cryptocurrency

us-government-plans-to-sell-over-41,000-bitcoins-confiscated-from-silk-road-hacker

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker

According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the […]

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march-bitcoin-mining-stats-show-climbing-revenue-and-hashrate-highs

March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs

According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last two weeks. This month, the mining pools Foundry USA and Antpool dominated the pack, accounting

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bitcoin’s-average-and-median-sized-network-fees-rose-40%-higher-in-march

Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March

In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin

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crypto-hardware-wallet-maker-ledger-raises-$100m-amid-growing-demand-for-secure-storage-solutions 

Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions 

The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to

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most-crypto-sent-from-wallets-sponsoring-russia-in-ukraine-war-reaches-cexs,-binance,-research-shows

Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows

Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto

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noble-partners-with-circle-financial-to-integrate-usdc-on-cosmos-blockchain

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to

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law-firm’s-white-paper-claims-us-bank-regulators-are-waging-a-‘clandestine-financial-war’-against-crypto-businesses

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with

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do-kwon’s-extradition-likely-to-take-time,-montenegrin-prosecutor-says

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says Read More »

former-ftx-ceo-sam-bankman-fried-faces-new-bribery-charges-for-alleged-crypto-payment-to-chinese-officials

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials Read More »

binance-experiences-significant-btc,-eth,-and-stablecoin-withdrawals-following-cftc-lawsuit

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit

After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the

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