Plus Token linked Ether has been discovered and is on the move. Approximately $16 million in Ethereum from the Plus Token scam began moving to exchanges this week, suggesting an intent to sell, according to on-chain analyst ErgoBTC. Chinese authorities reportedly seized $4.2 billion worth of cryptocurrencies, including 833,083 ETH, due to the Plus Token Ponzi scheme that defrauded investors from 2018 to 2019. ErgoBTC’s latest analyst revealed that about a third of the seized Ethereum was sold on the now-defunct cryptocurrency exchange Bidesk in 2021. The remaining approximately 542,000 Ethereum in thousands of wallets began moving in August and…
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Institution-centric blockchain chain KDA -1.15% We have been recruiting in recent months to recover from our recent slump. Notably, Kadena on Thursday announced the addition of former DCG executive and Thiel Foundation CEO Alana Ackerman as a top advisor. “From what I heard, we had a good reputation, but people were surprised that we still existed,” Annelise Osborne, Kadena’s chief business officer, told The Block in an interview. “We got quiet after hearing a lot of news. So what I’m trying to do is show momentum.”Osborne, a former Arca Labs executive who left the company in June, was hired before…
Alchemy Pay integrates its virtual card service with Samsung Pay for seamless cryptocurrency usage. Users can use cryptocurrency to make purchases from retailers such as Amazon and Netflix. The integration simplifies setup and expands Alchemy Pay’s supported payment platforms. Alchemy Pay announced that it is integrating its virtual card service with Samsung Pay. This development will allow users to seamlessly spend their cryptocurrency holdings through Samsung’s contactless payment platform. This new feature follows a similar integration with Google Pay just a few weeks ago and is set to improve convenience for the growing number of users looking to utilize digital…
As the PEPPER airdrop approaches, the CHZ cryptocurrency has recovered to a three-month high. Launched fairly, Meme Coin aims to give the reins back to the community. Despite two CHZ selling walls looming, a retest of the yearly high is still underway. Sports-focused blockchain Chiliz (CHZ) is advancing toward entering the top 100 cryptocurrencies by global market capitalization. Having surpassed the $0.15 price level twice this year, Chiliz is looking to hit this milestone again thanks to solid volume.Harvesting peppers that revitalizes the lives of Chiliz holdersChiliz’s community is excited about the upcoming PEPPER airdrop. A new meme coin is…
Felix Pinkston October 8, 2024 16:02 MITER is collaborating with Mcity to create a digital proving ground for autonomous vehicles that leverages NVIDIA’s Omniverse Cloud Sensor RTX API to enhance AV safety testing. In an important step toward widespread deployment of autonomous vehicles (AVs), MITER, a government-sponsored, non-profit research organization, has partnered with Mcity at the University of Michigan to develop an innovative AV verification platform. The collaboration, unveiled at the NVIDIA AI Summit in Washington, D.C., aims to improve the safety and compliance of AV technology by combining digital and physical test environments.…
Ubisoft Launches Champions Tactics: Grimoria Chronicles, First Web3 Game Via Oasys Layer 2 HOME Verse – Chainwire housenewsroomUbisoft Launches Champions Tactics: Grimoria Chronicles as First Web3 Game with Oasys Layer 2 HOME Verse We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of…
Plus Token linked Ether has been discovered and is on the move. Approximately $16 million in Ethereum from the Plus Token scam began moving to exchanges this week, suggesting an intent to sell, according to on-chain analyst ErgoBTC. Chinese authorities reportedly seized $4.2 billion worth of cryptocurrencies, including 833,083 ETH, due to the Plus Token Ponzi scheme that defrauded investors from 2018 to 2019. ErgoBTC’s latest analyst revealed that about a third of the seized Ethereum was sold on the now-defunct cryptocurrency exchange Bidesk in 2021. The remaining approximately 542,000 Ethereum in thousands of wallets began moving in August and…
Coinbase is adding support for one artificial intelligence (AI)-focused altcoin to the Solana (SOL) network. In a new announcement, the leading US cryptocurrency exchange revealed that Decentralized Physical Infrastructure Network (DePIN) io.net (IO) is being added to its trading platform. Coinbase says: “If liquidity conditions are met, trading will commence after 9:00 AM Pacific Time on October 9, 2024. Once sufficient supply of this asset is available, trading of the IO-USD trading pair will begin in stages. IO support may be limited in some supporting jurisdictions.” IO is trading at $1.77 at the time of this writing and is down…
Cryptocurrency-friendly Senator Bill Hagerty has released a discussion draft of a bill to create a regulatory framework for stablecoins, much like the work being done in the House of Representatives. The Tennessee Republican said his draft bill “provides much-needed clarity.” name On Thursday. This draft is very similar to the Clarity for Payment Stablecoins Act, worked on in the House by Representatives Patrick McHenry (R-N.C.) and Maxine Waters (D-Calif). “This is Senator Hagerty’s version of McHenry-Waters,” a spokesperson for Senator Hagerty said in an emailed statement to The Block. Hagerty is also a member of the Senate Banking Committee, which…
ETC faces bearish risks amid signs of a short-term bubble. ETC continues its struggle against Bitcoin. Unlike Ethereum (ETH), which created a new version of the network, Ethereum Classic (ETC) has maintained its original blockchain history since the DAO hack. At press time, ETC, priced at $18, is significantly behind Ethereum’s value of $2,300. Recent analysis suggests that ETC’s near-term bubble risk has turned bearish, potentially leading to a continuation of the downtrend. This negative outlook is supported by several indicators pointing to further declines. ETC has been in a continuous downward trend since peaking at $186 in April 2021.…