2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed

The Bitcoin (BTC) network passed a new milestone this week, as new data revealed the extent of altcoins’ losses. According to data aggregator Coinmetrics.io on Aug. 25, so-called realized market cap has become the latest indicator flashing bullish for Bitcoin. Realized Bitcoin market cap surpasses $100 billion recordRealized market cap, an alternative calculation of Bitcoin’s market capitalization,…

China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24.Blockchain adoption promotes innovationXi stressed that the implementation of integrated blockchain technologies is key in promoting technological innovation and…

MetaMask has played a pivotal role in onboarding millions of new users to the cryptocurrency and decentralized finance markets. 694 Total views 24 Total shares Crypto payment gateway Bitfinex Pay has integrated with MetaMask, the popular browser and wallet extension powered by ConsenSys, potentially opening the door to tens of millions of users. The integration, which…

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Our weekly roundup of news from East Asia curates the industry’s most important developments. OKX airdrop after token trading fiasco On Mar. 1, cryptocurrency exchange OKX  announced  that it would airdrop 3,014,381 Tether (USDT) to users who suffered losses as a result of the Celestial (CELT) token trading incident. On Feb. 26, Celestial revealed the…

Portuguese police and Europol have seized funds worth €70,000 ($77,200) in what they describe as one of the most advanced counterfeiting operations ever seen. €1.3M fake notes sold since 2017As Brazilian daily news outlet Sputnik and others reported on Sept. 10, law enforcement succeeded in bringing down the ring, which sold fake notes on the dark…

Top Stories This WeekAltcoin Ethereum Classic Reportedly Undergoes 51 Percent AttackEarlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 million in crypto was double spent during the time of the deep blockchain reorganization. Coinbase and several other cryptocurrency exchanges temporarily…

Bitcoin (BTC) has made significant moves already this year but altcoins are catching up. Once Bitcoin’s price starts to stabilize, the market environment becomes better for altcoins to begin their run. One of the strongest performers in 2021 is Polkadot, as this cryptocurrency has been making new all-time highs day in, day out. Polkadot’s price rallied…

Chiliz is setting up a New York office following years of fan token experience in Europe. 1343 Total views 9 Total shares Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday.Dreyfus told Cointelegraph that the firm is setting up an office in New York…