FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit.
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Ethereum supply shock: Exchange ETH reserves continue to fall after a 26% drop in 2021
The amount of Ether (ETH) held by all cryptocurrency exchanges has declined dramatically in the previous 12 months.Blockchain analytics firm CryptoQuant reported that Ethereum reserves on trading platforms dropped 26.29 million ETH to 19.22 million ETH year-on-year (YoY), indicating that traders' preference to hold their tokens increased.At least the Ether price performance in the same…
Bitcoin miner profitability under threat as hash rate hits new all-time high
The Bitcoin hash rate hit a new all-time high above 245 EH/s on Oct. 3, but at the same time, BTC miner profitability is near the lowest levels on record. With prices in the low $20,000 range and the estimated network-wide cost of production at $12,140, Glassnode analysis suggests “that miners are somewhat on the cusp…
Terraform Labs donates $1.1B for Luna Foundation Guard’s reserves
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Coinbase’s COIN stock trading on Nasdaq is off to a rocky start
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SBI Holdings, R3 Embark on ‘Joint Venture’ to Boost Corda Blockchain Use in Asia
Japanese financial services company SBI Holdings will partner with software firm R3 to expand local use of its Corda blockchain platform, Cointelegraph Japan reported Dec. 5.Quoting local news outlet Nikkei, the report reveals that SBI, which is involved in multiple cryptocurrency and blockchain-related activities, will expand on its existing investment in R3 to create a…
Guilty Plea Moves First US ICO Fraud Case to Final Stages, Sentencing Set for April
The suspect at the center of the U.S.’ first Initial Coin Offering (ICO) fraud case has pleaded guilty in court, in part settling a case seen as a bellwether for the country’s securities laws, Bloomberg reported Nov. 15.Maksim Zaslavskiy, who faces a sentence of up to 37 months after lying to investors who put funds…