Ethereum encountered a significant rejection at the $2.8K threshold, followed by a pullback to the wedge’s broken lower boundary. This price movement reflects a bearish sentiment and suggests a potential continuation of the downward trend, with the next target being the $2.1K support region. Technical Analysis By Shayan The Daily Chart Ethereum had been struggling
In recent months, a troubling trend has emerged in the world of crypto crime. According to the latest Chainalysis report shared with CryptoPotato, there has been a significant increase in China-based vendors involved in distributing child sexual abuse material (CSAM). The report sheds light on a sharp rise in CSAM networks operating from China and
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,930 −0.2% Bitcoin (BTC): $60,150 +0.2% Ether (ETC): $2,558 +1.2% Nikkei 225: 38,362.53 −0.02% Top Stories Bitcoin rose above $60,000
Crypto scammers are getting savvier in their efforts to steal digital assets, warns blockchain analytics company Chainalysis in a new report. Scams are driving the majority in 2024's multibillion-dollar crypto-crime sector, per the report published Thursday. Though large by dollar value, this sum is still relatively small: less than 1% of on-chain value is linked
The trader lost over $1 million within a single hour, not realizing that the Real Madrid footballer’s account was hacked before endorsing the scam token.
Banks transacting on permissionless blockchains face multiple risks including settlement finality, the Bank for International Settlements said in a working paper. The paper also said technology to address some of the risks, particularly privacy, is being developed. naming zero-knowledge proofs as a potential solution. Banks that transact on permissionless blockchains face multiple risks, including money
Law enforcement authorities globally have concerns about the use of crypto ATMs in scams, a report by blockchain analytics firm TRM Labs found. Last year, over $30 million went to known scam addresses through cash-to-crypto services. Since 2019, the cash-to-crypto industry – which is dominated by crypto ATMs – has processed at least $160 million