In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an unrelated scammer, falling prey to a notorious crypto dusting scam. Blockchain Blunder: DEA Mistakenly Transfers […]
Bitcoin Spark: Solana’s strongest competitor in the crypto arena
In any ecosystem, there must be competition to maintain steady growth and promote the development of quality offered to the clients. This also applies to the crypto community, and as a result, several improvements have happened over time. For instance, Bitcoin and Ethereum came then Solana, which garnered many enthusiasts worldwide. The new crypto entrant, […]
Judge to hear Sam Bankman-Fried’s defense against 4M pages of newly released evidence
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence. A federal judge will hear Sam Bankman-Fried’s defense argument against a newly released batch of evidence provided by the U.S. Department of Justice (DoJ) on Aug. 25. […]
Binance Collaborates with Tajikistan Authorities in Counterterrorism Efforts
Binance, a leading cryptocurrency exchange, has helped arrest key members of the Islamic State – Khorasan Province (ISKP), an affiliate of ISIS. The operation was a joint effort between Binance, the National Bank of Tajikistan’s Financial Monitoring Department, and blockchain intelligence firm TRM Labs. Binance’s proactive approach in monitoring transactions and crypto-related discussions has led […]
Bitcoin Price Analysis: Orbiting 26034 Level – 27 August 2023
Bitcoin Price Analysis: Orbiting 26034 Level – 27 August 2023 Bitcoin (BTC/USD) remained confined to a tight range early in the Asian session as the pair orbited the 26034.43 area, right around the 38.2% retracement of the appreciating range from 25610 to 26296.78. Price activity spiked to test the 26296 area before coming off to […]
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July 29. Ether Held in Liquid Staking Jumps From 10.65 […]
The case for raising the Fed’s inflation target to 3%
The post The case for raising the Fed’s inflation target to 3% appeared first on CryptoSlate.
Tether’s Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks
Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the “Tether Energy” logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site. (Read More)
Biggest Movers: SHIB, XRP Jump Higher on Saturday
Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturday. Shiba Inu (SHIB) Shiba inu (SHIB) moved away from a recent support point to […]
Pepe founder blames ‘nefarious ex-team members’ for unexpected $16M withdrawal
On Aug. 24, 16 trillion Pepe tokens (PEPE), worth around $15.7 million at the time, were unexpectedly withdrawn from the project’s multi-signature centralized exchange wallet. An anonymous founder of the meme coin pointed the finger at three former team members as the culprits behind the transfers in a post on Aug. 25. The transfer, in […]