Taiwanese prosecutors have sentenced four suspects, including ACE Exchange founder David Pan, to 20 years in prison in a fraud and money laundering case involving a cryptocurrency trading platform. The incident, involving 32 people, resulted in more than 1,200 victims and approximately 800 million New Taiwan Dollars ($24.56 million) in losses. (Read more)
Author: Crypto Flexs
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ZkSNACKs, developer of privacy-sensitive Bitcoin wallet Wasabi Wallet, announced that access to its product and platform will be blocked for users in the United States until further notice. This move has sparked some interesting discussion and speculation in the cryptocurrency community, with many claiming it is related to the recent arrest of the founder of Samourai Wallet. Why has Wasabi Wallet blocked US users? On Saturday, April 27th, zkSNACK was released via: blog post US citizens and residents are banned indefinitely from visiting the website and using Wasabi Wallet. Software companies also disable other services and products such as APIs…
Share this article In a recent 111-page court filing, federal prosecutors responded to a motion by Tornado Cash co-founder Roman Semenov to dismiss conspiracy and money laundering charges against him.The government argues that characterizing Semenov’s alleged crimes as simply writing code obscures Semenov’s role in promoting and maintaining the Tornado Cash service. Even though Semenov knew it would be used to launder illegal proceeds from the hack.The prosecution’s motion alleges that the Tornado Cash service is a “commercial enterprise carried on for profit or financial gain” and that Semenov himself, along with others, profited from the operation of the service…
Unfortunately we were unable to secure a location for devcon one in London on the dates we wanted (5-8 October). Accordingly, the event has been postponed until further notice. Don’t make any travel plans now. Updates will be available on the devcon one website….
According to recent on-chain revelations, the Bitcoin network has been experiencing a steady decline in high-value transactions over the past few weeks. This lackluster activity was reflected in the price of the top cryptocurrency, which struggled to break out of consolidation throughout the month of April. Last week, the price of Bitcoin struggled to stay above $67,000 despite several gains. BTC prices have since slumped, falling more than 2% over the past seven days, according to data from CoinGecko. Interestingly, recent on-chain data suggests that this disappointing price performance from the market leader may persist unless a shift is made,…
A closely watched cryptocurrency strategist is predicting an explosive rally for one Ethereum (ETH) rival later this year. Pseudonymous analyst Altcoin Sherpa says 215,500 followers on social media platform “SOL: In my opinion, averaging with SOL is never a bad idea. I think it will be over $500 by the end of this year. Anywhere from $130 to $110 would be a gift (I’m not expecting it yet).” Source: Altcoin Sherpa/X Looking at the trader’s chart, the key Fibonacci levels he is closely watching for a possible retest are $138 and $116. At the time of writing, Solana is trading…
According to recent on-chain revelations, the Bitcoin network has been experiencing a steady decline in high-value transactions over the past few weeks. This lackluster activity was reflected in the price of the top cryptocurrency, which struggled to break out of consolidation throughout the month of April. Last week, the price of Bitcoin struggled to stay above $67,000 despite several gains. BTC prices have since slumped, falling more than 2% over the past seven days, according to data from CoinGecko. Interestingly, recent on-chain data suggests that this disappointing price performance from the market leader may persist unless a shift is made,…
Grand Cayman, Cayman Islands, April 22, 2024, Chainwire Alibaba Cloud, AngelHack, and dWallet are among the latest sponsors of the global event. Sui, a layer 1 blockchain with industry-leading performance and infinite horizontal scaling, has received funding for Sui Overflow, the first global virtual hackathon focused on building exciting products on Sui. This has doubled in recent weeks as passionate supporters donate funds. Initially set at $500,000, after receiving significant support from external backers, Sui Overflow’s funding pool swelled to $1,000,000. A sizable reward pool attracts builders from around the world to build their projects on the Sui Network and…
Telegram-based game goes viral after attracting around 35 million players in first three months of the year Notcoin We are preparing to launch NOT token. open network (TON) What lies ahead. Now we know what to expect from its release.Notcoin’s NOT token was expected to be launched until the end of Aprilsaid co-creator Sasha Plotvinov. decryptionGG attended Token 2049 Dubai last week. And from there, there will be three main options for handling the funds, he explained.Although the game’s “mining phase” ended on April 1 in preparation for the token launch, Notcoin plans to restart coin-tapping gameplay after its Token…
Bullish predictions for XRP price have emerged again. Bulls trying to push cryptocurrency due to a surge in prices. Cryptocurrency expert EGRAG made one of these positive predictions. price surge Huge scale. According to a recent social media post by an analyst, XRP could reach the $4 price level in the long term. Crypto Analyst Predicts 700% Bullish XRP Price Movement XRP has fallen slightly in value over the past few days as the entire cryptocurrency market consolidates in price action. XRP’s price fluctuations this year have been disappointing, especially for many of XRP’s ardent supporters. We haven’t reached $1…