Crypto

The cryptocurrency market is no stranger to high-profile transactions and sudden shifts influenced by regulatory moves. A fascinating instance occurred on December 3, when the U.S. government orchestrated a transfer of over $33.6 million in cryptocurrency, primarily seized during the downfall of the FTX platform and its intertwined entity, Alameda Research. This transfer was characterized
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Hydra, a dark web marketplace, emerged in 2015 as a potential game-changer for the online drug trade, catering primarily to Russian-speaking users. It was infamous for facilitating not just drug trafficking, but also an array of illegal services including cryptocurrency laundering, currency exchange, and the sale of counterfeit documents. Its extensive operations spanned across Russia
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The recent experience of Ethereum developer Eric Connor, whose Coinbase account was locked following a $25,000 USDC transfer, highlights ongoing concerns about the reliability and user-friendliness of centralized cryptocurrency exchanges. In a world where financial inclusivity and autonomy are frequently touted as cornerstones of the blockchain revolution, incidents like Connor’s paint a contrasting picture. Instead
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In a notable turn of events, Bitcoin has recorded outflows totaling $457 million over the past week, marking the first significant retreat since the beginning of September. Analysts at CoinShares have characterized this trend as indicative of profit-taking activities, particularly following Bitcoin’s recent attempts to breach the psychologically significant $100,000 threshold. This selling pressure represents
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In the realm of cryptocurrency, particularly with Bitcoin, the notion that long-term holders, commonly referred to as “HODLers,” never sell is a widespread misconception. On-chain analyst James Check recently challenged this stereotype, highlighting that HODLers do indeed sell, albeit selectively. This selling behavior is currently acting as a substantial barrier to further price appreciation. As
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The cryptocurrency world is often lauded for its breakthrough technology and potential for financial independence; however, it remains vulnerable to significant security breaches that can destabilize an entire ecosystem. The recent announcement regarding DMM Bitcoin—the Japanese cryptocurrency exchange that is set to halt operations by March 2025—serves as a stark reminder of the implicit risks
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