Blender and Sinbad operators face US money laundering charges

The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play. 2975 Total views 14 Total shares Trezor, a major hardware cryptocurrency wallet supplier, has warned its users about a fake Trezor application on Google Play.According to Trezor, the fake app is malicious and has no relation…

Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback?The recovery could face headwinds if the United States banking…

Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited. 327 Total views 12 Total shares Binance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the

Main investors include VC giant Andreessen Horowitz, in addition to musical artists The Chainsmokers, Nas, and Disclosure. 1059 Total views 11 Total shares On-chain music platform Royal has announced a Series A funding round led by venture capital giant Andreessen Horowitz.Royal allows fans to buy music rights via nonfungible tokens (NFTs). Its co-founders, entrepreneur JD…

Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly. 599 Total views 18 Total shares The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across…

Japanese IT giant GMO Internet Group has published the latest monthly disclosure on its in-house crypto mining operations, confirming that it took a steep hit in overall mining revenue. GMO released the disclosure in a publicly available document on Jan. 8, also revealing a steady increase in its monthly Bitcoin (BTC) mining rewards.As previously reported,…

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. 352 Total views 31 Total shares Crypto exchange Binance has recovered a big part of the funds from the recent hack that targeted the decentralized finance (DeFi) protocol Curve Finance. In a tweet, Binance CEO Changpeng…

Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens (NFTs). Ethereum’s popularity, however, may be leading to its downfall, as other protocols look to eat away at or completely consume its market position. Bitcoin and the…