With the increasing misuse of cryptocurrency mixers for illicit financial activities, South Korean financial authorities are considering the implementation of specific regulatory measures to curb money laundering by criminal organizations. Originally designed to protect privacy, mixers are now being exploited by criminals, posing a significant risk to the country’s financial system. Cryptocurrency mixers, also known
Dogecoin (DOGE), the cryptocurrency that was initially created as a joke, has faced a significant price correction in recent days. The coin, which gained popularity due to endorsements from prominent figures like Elon Musk, has fallen over 14% in the past 30 days. This downward trend can be attributed to various factors, including the market’s
Recently, a new scam targeting the Web3 gaming industry has come to light. This scam, aimed at both developers and game enthusiasts, employed cunning tactics designed to deceive its victims. The story began innocently with a direct message on Twitter from an account named @ameliachicel. The account presented an enticing job opportunity related to a
The U.S. Securities and Exchange Commission (SEC) has recently announced that it will be delaying the trial against Terraform Labs and its former top executive. This decision comes after the regulator deemed it appropriate to accommodate the co-founder, Do Kwon, who intends to attend the trial. Originally scheduled for January 29, the trial has been
In the world of cryptocurrency, there are few figures as prominent as Ash Crypto. Known for his insight and expertise in the crypto trading community, Ash Crypto has recently made a bold prediction regarding the price of Bitcoin. He believes that the introduction of spot Bitcoin Exchange-Traded Funds (ETFs) could propel the price of BTC
In a bid to repay its creditors, the bankrupt lending firm Celsius has made a substantial transfer of over $125 million worth of Ether to various crypto exchanges. This move follows in the footsteps of FTX and Alameda Research, who also resumed fund transfers earlier this month. Moving Funds to Coinbase and FalconX Between January
The recent movements of Ethereum (ETH) by Celsius Network have raised concerns about the stability of its price. Celsius, a now-bankrupt crypto lender, has initiated its reimbursement plan by transferring large amounts of ETH to various crypto exchanges. This article analyzes the impact of these transfers and their potential consequences on the Ethereum market. Celsius
Celestia, with its modular blockchain architecture, stands out among the top cryptos for providing value with its novel models and real-world utility. Unlike traditional blockchain networks that operate through smart contracts on an existing chain, Celestia uses a purpose-built blockchain to address scalability issues. It offers validation and data availability that can be integrated by
Chainlink’s native token, LINK, recently experienced a significant downturn, briefly dipping below the crucial $13 support level. This decline was primarily due to speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, the latest data suggests that LINK is now enjoying a “mild decoupling” from
In a recent in-depth analysis conducted by crypto intelligence firm ChainArgos, concerning allegations of price manipulation in the sales of Polygon’s MATIC tokens, disturbing revelations have been brought to light. The examination focused on the token allocations and subsequent flows to different exchanges. ChainArgos raised concerns about irregular outflows from a “vesting contract” and a
