Ontario’s cryptocurrency scene was rocked by the arrest of Aiden Pleterski, known as the ‘Crypto King,’ on charges of fraud and money laundering. Along with his associate, Colin Murphy, Pleterski allegedly embezzled a staggering $30 million from unsuspecting victims. The charges were brought forth after a lengthy 16-month investigation dubbed ‘Project Swan’ by Canadian authorities.
Recently, two siblings who graduated from the Massachusetts Institute of Technology (MIT) have been accused of exploiting a vulnerability in the Ethereum blockchain. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are facing serious allegations of fraud and money laundering after reportedly swindling $25 million within a mere 12 seconds. This cyber heist has been labeled
Polkadot recently announced a groundbreaking partnership with Founder Institute to launch a Web3 cohort. This collaboration marks the beginning of an exciting chapter in startup acceleration and Web3 technology education. The program, set to kick off on May 28, will be led by top experts from the Polkadot community. An important development within the Polkadot
Bitcoin had an impressive trading week, with its price jumping to over $67,000, the highest level in almost a month. After briefly retracing to $60,000, the bulls defended the psychological support level and pushed the price back up. The digital asset climbed to $63,000 on Monday, surged to $66,500 after the US CPI announcement for
Magic Square has introduced a revolutionary platform called Magic Launchpad, which aims to revolutionize the way early-stage projects raise funds. With a staggering 4.5 million unique user wallets and over 1400 registered projects, Magic Square’s community-driven platform is poised to offer a comprehensive solution for growth hacking, brand awareness, user acquisition, and fundraising in the
Mollars, a new store of value altcoin, is quickly gaining popularity in the cryptocurrency space. With its ICO nearing $1,500,000 and the majority of tokens already sold, Mollars is set to make a mark in the industry. This article will explore the unique features of Mollars and its potential for growth in the coming months.
The Chinese police forces recently made headlines after busting a large underground banking operation that utilized Tether (USDT) to transfer up to 13.8 billion yuan ($1.9 billion). The Public Security Bureau of Chengdu Municipal arrested 193 suspects involved in the case and froze 149 million yuan ($20.6 million) in connection with the operation. The investigation,
The recent surge in the cryptocurrency market, particularly in Bitcoin’s price, has left many investors and enthusiasts wondering about the driving force behind this rally. According to insights shared by popular blockchain analytics firm CryptoQuant, the catalyst for Bitcoin’s latest rally to above $67,000 can be attributed to lower-than-expected inflation rates in the United States.
The recent surge in Bitcoin price above $67,000 has left many investors wondering about the factors contributing to this positive performance. According to data from CoinMarketCap, this increase has been linked to low inflation levels reported in the latest Consumer Price Index (CPI) data. However, the influence of stablecoins, particularly USDT, cannot be ignored in
Dogecoin, the meme-powered cryptocurrency, has been making waves in the market recently. With a total market capitalization of $19.8 billion and trading at $0.145, Dogecoin seems to be on a steady upward trajectory. In comparison, Ripple XRP, with a price of $0.5 per token and a market cap of $27 billion, has been facing challenges,
The world of artificial intelligence (AI) has been rapidly advancing over the past few months, with notable developments such as OpenAI introducing a new ChatGPT model with enhanced voice assistant capabilities. This progress has not only revolutionized the AI landscape but has also had a significant impact on the cryptocurrency market. Cryptocurrencies linked to evolving
Coinbase, one of the leading cryptocurrency exchanges, has stated that they believe there is a 30% to 40% chance of the SEC approving spot Ethereum ETFs by the end of the month. This prediction comes from their Institutional Research Analyst, David Han. He pointed out that the correlation between CME futures products and spot exchange
In the recent surge of Solana meme coins, ETF token has seen a remarkable increase of +207% in just 24 hours, driven by the growing interest in crypto ETFs. The price of ETF token is currently trading at $0.00134, with a 24-hour change of +202%. This sudden spike in price occurred after a series of
The recent drop in the price of Pepe (PEPE) has raised questions among traders about whether it is a good time to buy the dip. Following a spike to record highs above $0.000011 earlier this week, the price has since dropped by 12%. Despite this pullback, chart analysis suggests that it may be premature to