Bitcoin speculators sent $7B to exchanges at a loss in BTC price crash

What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may operate offchain but move funds onchain to facilitate laundering. Traditionally, illicit money was moved using couriers or informal networks like Hawala. However, with the rise of digital assets, bad actors

Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency.Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD 0.9% up over the past 24 hours after a significant downturn earlier on Thursday. At press time, the pair traded around $11,600,…

Now that altcoin season is upon us again, multiple tokens are witnessing illustrious price hikes every day. In a sideways market, a key skill for a trader is the ability to anticipate when an asset will break out — and when everything is green, knowing when the rallies are coming to an end becomes equally…

A new decentralized autonomous organization purportedly made up of a “dedicated group of Azuki enthusiasts,” has launched a proposal to claw back 20,000 Ether (ETH) from Zagabond, the founder of the blue-chip non-fungible token (NFT) brand Azuki. The proposal, initiated on July 2, outlines hiring a lawyer to take legal action against Zagabond, real name Alex…

The price of Quant Network (QNT) eyes a sharp reversal after an impressive 450% rally in the past four months.QNT's downside outlook takes cues from a flurry of technical and on-chain indicators, all suggesting that investors who backed its price rally have likely reached the point of exhaustion.QNT/USD daily price chart. Source: TradingViewHere are three…

Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion. 240 Total views 29 Total shares Venture capital (VC) firms focused on Web3 projects and crypto businesses are accumulating billions of dollars worth of assets under management as…

Outspoken crypto critic and Berkshire Hathaway CEO Warren Buffett has again derided bitcoin (BTC) for its purported lack of real use value, likening the coin to a seashell that “just sits there.”Buffett used this latest cryptocurrency metaphor during a press meeting ahead of the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, CNBC reported on…

The NFT market continues to expand, with upcoming tokens based on a mainstream TV show. 3540 Total views 12 Total shares Curio, a platform which sells non fungible tokens, is helping to bring to life NFTs based on the TV series American Gods. The show is based on a novel of the same name by author…