Five people have been sentenced to prison for a $21.6 million cryptocurrency scam that allegedly used stolen funds to buy shark tanks, private jet rides, sex workers and luxury cars.Criminals took $21.6 million (€20 million) from approximately 40,000 investors through various investment schemes involving EXW wallets and EXW crypto tokens, Austrian news outlet Heute reported on October 23.Two of the defendants were sentenced to five years in prison, two to 30 months in prison, and one to 18 months in prison. The remaining five were acquitted, but some continued to hide from authorities. The fraud trial in the Klagenfurt district…
Author: Crypto Flexs
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Cardano price started a new decline below the $0.3550 area. ADA is consolidating above $0.3400 and may attempt a recovery. ADA price started a decline below the $0.3500 support level. The price is trading below $0.3550 and the 100-hour simple moving average. On the hourly chart of the ADA/USD pair, a break has occurred below the main bullish trendline with support at $0.3600 (data source from Kraken). A recovery could be attempted if it breaks out of the $0.3585 resistance area. Cardano price consolidates losses After testing $0.3685 resistance, Cardano struggled to hold higher levels. ADA, like Bitcoin and Ethereum,…
Bitcoin (BTC) has two new key levels to hold support as BTC price rebounds from 10-day lows.In his latest coverage of$65,000 is the do or die BTC price levelBitcoin rebounded this week after reaching $69,000 for the first time since the summer, but sellers were unable to maintain control for long.Downward momentum briefly accelerated after Wall Street opened on October 23 as stop-loss levels began to appear, according to data from Cointelegraph Markets Pro and TradingView.The result was a surge to $65,000, Bitcoin’s lowest since October 10th. Nonetheless, the subsequent rebound pushed BTC/USD back above $67,000.BTC/USD 1-hour chart. Source: TradingViewIn…
join us telegram A channel to stay up to date on breaking news coverage Given the frequent price fluctuations in the cryptocurrency market, investors need to stay informed if they want to make significant profits. GeckoTerminal supports users by tracking prices of various cryptocurrencies across multiple decentralized exchanges. Along with pricing, the platform provides insights into volume, transactions, and prices. Most Searched Cryptocurrencies. Choosing from the numerous tokens available on the platform can be overwhelming for investors. To support this, Insidebitcoins’ analysts evaluate market trends, liquidity conditions, and the profitability of specific tokens. In this article, they have carefully researched…
Elmnts has launched a public beta on Solana. This platform is specialized in oil and gas. Future expansion plans for other mineral rights. The blockchain industry is gradually expanding into the mainstream industry. In particular, real-world asset (RWA) tokenization provides a real-world use case for blockchain technology. In this sector, companies like Elmnts give the technology institutional legitimacy. Most recently, Elmnts launched a public beta version of its RWA platform, which specializes in older gas mineral rights. The launch of the platform on Solana demonstrates the capabilities and institutional appeal of the network. Elmnts provides oil and gas rights to…
Iris Coleman October 24, 2024 05:53 Binance announced adjustments to tick sizes for certain spot trading pairs, starting November 4, 2024, with the goal of improving market liquidity and trading experience. Leading cryptocurrency exchange Binance has announced plans to adjust tick sizes for certain spot trading pairs. This is scheduled to take effect at 05:00 UTC on November 4, 2024. According to Binance, this move is designed to strengthen market liquidity and improve the overall trading experience for users. Adjustment details Tick sizing, which refers to the minimum change in the unit price of…
Dogecoin (DOGE) has entered a minor correction after an impressive 48% rally in early October. As of October 23, Memcoin was down more than 9.5% from the local high of $0.149 set two days ago. DOGE/USD 4-hour price chart. Source: TradingViewThis includes a 6.5% decline over the past 24 hours, which brought DOGE’s price to $0.135, its lowest in a week. This decline appears to have been driven by profit-taking, with selling pressure increasing as risk aversion increases among investors.DOGE turns “overbought” and falls. The price of DOGE started falling after the daily Relative Strength Index (RSI) reading crossed 70.…
Powerful altcoins appear poised for a rise, according to a top cryptocurrency analyst. An anonymous cryptocurrency trader known as Pentoshi tells his 809,600 followers on social media platform X that the digital asset market is currently in a prime position for altcoins. “Personally, I like to have a structure or foundation in place. It looks constructive for another uptick. There is definitely a lot of upside *IF* this could turn from resistance to support. I have been very bullish on BTC and this is the type of point where many, if not all Alts, could get stuck in the BTC/USD…
lawrence jenga October 23, 2024 20:14 Address poisoning scams, which target high-value users by mimicking frequent transaction addresses, are emerging as a serious threat in the cryptocurrency industry. As the cryptocurrency landscape evolves, so do the tactics of cybercriminals. Address poisoning scams have emerged as a sophisticated threat that targets unsuspecting cryptocurrency users by exploiting the familiarity of their transaction history. According to Chainalytic, this form of fraud resulted in a single victim losing nearly $68 million in wrapped Bitcoin (WBTC), highlighting the scale and potential impact of such operations. Understanding Address Poisoning Attacks…
Analysts agree that US BTC options could inject more liquidity into the BTC market. However, opinions were divided about the long-term volatility and price impact. Market commentary piled on as regulators approved more US spot. Bitcoin (BTC) ETF Options. On October 18, the U.S. Securities and Exchange Commission (SEC) approved the product. New York Stock Exchange (New York Stock Exchange) and cboe (Chicago Board Options Exchange). NYSE American has been approved to offer options on Fidelity’s BTC fund, FBTC, and ARK 21Shares’ ARKB. Meanwhile, Cboe will trade Grayscale’s GBTC, mini BTC, and Bitwise’s BTIB. This approval follows BlackRock’s recent approval…