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Crypto criminals got away with $5B less in 2020 as scam revenue falls
The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams. Revenue from crypto-related crime dropped by more than half in 2020 according to Chainalysis’ annual report on the subject. Cybercriminals netted around $5 billion less than the $10 billion plus they […]
Top bidder at Ultraviolet NFT auction can collaborate with 3LAU on new music
Crypto influencer and DJ 3LAU has announced an upcoming series of NFTs to commemorate the third anniversary of his 2018 album, Ultraviolet. Famed musician, producer, and Cointelegraph Top 100 awardee 3LAU has announced an upcoming NFT auction celebrating the three-year anniversary of his 2018 album Ultraviolet. The highest bidder will be able to collaborate with […]
Over $100M in crypto collectible NFTs sold in last 30 days
From NBA TopShots to Hashmasks to CryptoPunks, collectible NFTs are selling like hotcakes. Non-fungible token sales are booming and top marketplaces are seeing record volume levels. The milestone was noted by crypto asset investment firm Paradigm co-founder Matt Huang, who posted a screenshot from NFT marketplace and data tracker CryptoSlam. CryptoSlam also reported that a […]
YouTuber regrets spending 37 BTC — now worth $1.8M — on used Hondas
One enthusiast paid $1.8 million in BTC at today’s prices for a couple of secondhand Honda sports cars. A Honda enthusiast has released a YouTube video revealing how he spent a bunch of Bitcoin on two used sports cars. Known on social media as “NSXTRA”, Chris Cut’s Feb. 16 YouTube video titled “Idiot Spends $1.8 […]
‘Fair Launch’ tokens outshine the average coin’s performance
Data from Messari shows the top 20 “Fair Launch tokens” are outperforming both the top 1,000 crypto assets and Ethereum-based assets on average this year s far. So-called ‘Fair Launch’ tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari, Messari defines Fair Launch tokens as having […]
Ethereum joins the $200 billion club — But is it worthy?
Ethereum broke the $200 billion market cap mark, surpassing secular companies such as Novartis and AT&T. Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables. Ether and Bitcoin […]
Bitcoin hits a new high of $51.3K as analyst declares ‘historic’ parabolic advance
It’s all systems go for Bitcoin as bulls look to cement $50,000 as support and create the “new normal” for BTC/USD. Bitcoin (BTC) hit new lifetime highs of more than $51,200 on Feb. 17 as it tackled what trader Peter Brandt confirms is a “parabolic advance.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin enters […]
Microsoft has no plans to make Tesla-like move into Bitcoin, says president
Microsoft president Brad Smith did not exclude the possibility of the company putting Bitcoin on its balance sheet one day. Microsoft, the second-largest company in the United States, does not apparently have any short-term plans to put Bitcoin (BTC) on its balance sheet, according to the firm’s president Brad Smith. In a Feb. 16 interview […]
GPU hardware firm riles gaming community by flirting with crypto miners
Hungry for coin? A computing hardware firm has angered gamers after apparently marketing the already scarce Nvidia RTX 30 series to cryptocurrency miners. Computing hardware manufacturer Zotac angered a customer base of loyal gamers on Feb. 16 after it posted a tweet apparently marketing its new Nvidia 30 series graphics cards to cryptocurrency miners. Zotac’s […]