The U.S. Department of Justice has charged the operator of cryptocurrency exchange AurumXchange with money laundering, claiming he processed millions of dollars for darknet marketplace Silk Road.In an Oct. 28 statement, the DOJ alleged that when Maximiliano Pilipis, 53, ran AurumXchange, more than $30 million in funds passed through the exchange across 100,000 transactions, some of which came from accounts on Silk Road. Under the pseudonym Dread Pirate Roberts, American Ross Ulbricht ran Silk Road as a marketplace on the Tor network from 2011 to 2013, allowing users to buy and sell products anonymously, which was used by thousands of…
Author: Crypto Flexs
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Phantom Wallet experienced downtime. Solana’s largest wallet experienced a backend incident. This issue occurred concurrently with the GRASS airdrop. The Solana ecosystem has been growing and evolving rapidly. However, the rapid pace of growth has created vulnerabilities. Solana has experienced major power outages in recent years. This happened to my favorite wallet recently. Solana’s largest wallet, Phantom Wallet, suffered a major outage due to a backend outage. Thousands of users were unable to access their funds and interact directly with the wallet app. Solana’s Phantom Wallet discontinuedPhantom Wallet suffered a major disruption. On Monday, October 28, Solana’s largest cryptocurrency wallet,…
Darius Varu October 29, 2024 01:34 Explore the key differences and similarities between USDT, USDC, and FDUSD stablecoins, their impact on the market, and why the BNB Chain is the ideal platform for these digital assets. Stablecoins have become an essential part of the cryptocurrency ecosystem, providing a stable alternative to highly volatile digital currencies such as Bitcoin (BTC) and Ethereum (ETH). According to the BNB Chain blog, USDT, USDC, and FDUSD are among the most popular stablecoins, each with their own unique features and market roles. Understanding stablecoins Stablecoins are digital assets pegged…
The altcoin market has been in decline since the 2024 bull market hit a rough patch last March, but there are a number of key indicators that suggest the recent recovery could be a sign of a “big move” to come, according to cryptocurrency analysts. Are altcoins ready to take off?From a technical perspective, the altcoin market setup shows strength, maintaining an upward trend line supporting TOTAL2, the cumulative market capitalization of all cryptocurrencies except Bitcoin (BTC) since the 2017 bull cycle.“Altcoin market caps are currently testing long-term trendline support that has remained strong for the past eight years,” independent…
Celestia (TIA) price will face serious challenges in the coming days as several factors will influence its movement. The upcoming token unlock event, which will introduce significant amounts of new supply, could increase selling pressure and add volatility. Recent RSI movements indicate a slight improvement in market momentum, but the indicator is still close to oversold territory. Additionally, the EMA line continues to indicate a bearish trend, suggesting that prices may face resistance if they rise amid expected supply increases. TIA token unlocking may impact the price in the coming days. This week saw significant changes for TIA, with 73.3%…
Louisa Crawford October 28, 2024 15:34 Binance announces Shentu (CTK) network upgrade and hard fork support and temporarily suspends deposits and withdrawals from October 30, 2024. Binance, a leading cryptocurrency exchange, has confirmed support for the Shentu (CTK) network upgrade and hard fork scheduled for October 30, 2024. According to Binance, the exchange will temporarily suspend deposits and withdrawals of Shentu tokens to ensure smooth progress. implementation. Network upgrade details The Shentu network upgrade and hard fork will take place at block height 20,949,300 and is expected to take place around 12:00 (UTC) on…
Solana is set to benefit from the pre-election mood as investors turn to lower-risk assets. Traders can easily push Solana to its next target of $185. Especially as top altcoin Ethereum is struggling. Last week was an important one for Solana (SOL) as it finally broke the $160 resistance level after several attempts, marking the end of a two-month downward trend. A sharp 6% intraday drop two days ago erased some gains, but SOL gains remained stable in the $175 range, preventing further declines. With increased liquidity due to the election, Solana could be poised to reach $185 and potentially…
Bitcoin (BTC) price rose 3.2% from October 27 to October 28, briefly testing the $69,200 level for the first time in a week. Although the rally has faced some resistance, Bitcoin bulls believe the conditions are in place for a sustained uptrend, especially considering recent socio-political and economic developments.US 6-month Treasury yield (left) and oil WTI/USD (right). Source: TradingViewTo start the week, oil prices fell more than 5.5% on October 28 after ongoing conflict in the Middle East failed to impact energy production or transportation channels. Israel launched an attack on Iran over the weekend. However, as CNBC reported, no…
October 28, 2024, San Francisco, USA, Chainwire Another EasyA Hackathon winner (aka “Gigabrain”) is heading to Y Combinator. Artemiy Malyshau and Jeevan Juttla attended the first EasyA x Polkadot hackathon about two years ago and first began experimenting with the idea that would later become Gecko Sec. Today, they have just been accepted into the world-renowned Y Combinator accelerator, which powers some of the world’s most successful Web3 companies such as CoinBase, Filecoin, and more. According to the team, Gecko Sec allows Web3 developers to quickly build secure code without wasting time on tools that don’t deliver results or relying…
The Bitcoin ETF is seeing solid buying, a sign that traders believe is an indicator that BTC is poised to break out to new highs.