A 33-year old Danish man laundered $450,000 by depositing dirty money in Bitcoin and sending it to exchanges overseas. A 33-year old Danish man has been sentenced to four years and three months in jail for laundering over $450,000 in Bitcoin (BTC), tech news agency The Next Web reports April 8. Citing a press release […]
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While Bitmain is releasing the second Antminer for mining ZEC, the Zcash team is not in a hurry to fork the network and join the ASIC resistance campaign. Bitmain, the largest manufacturer of mining equipment, recently revealed the Antminer Z11 device for mining Zcash and other cryptocurrencies based on the Equihash algorithm, as reported by […]
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Some indicators show that Bitcoin is heavily overbought, which could point to a downward correction in the near future. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making […]
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Bitcoin wallet Electrum faces another hack that involves fake software versions stealing users’ money. Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7. According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions […]
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Crypto startup Sparkswap completed a $3.5 million seed round to launch a fast and secure decentralized exchange. The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8. According to Sparkswap’s founder […]
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Private bank Kleinwort Hambros has launched an exchange-traded note made up of blockchain companies. Private bank Kleinwort Hambros launched an exchange-traded note (ETN) made up of blockchain-related companies, financial news outlet Finextra reported on April 8. Kleinwort Hambros is owned by Societe Generale, acting as their private wealth management division in the United Kingdom. Societe […]
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The Tron Foundation released the roadmap for its second layer scalability solution, which is expected to increase the capacity of the whole chain. Blockchain-based decentralized application (DApp) platform Tron has revealed the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network’s testnet will […]
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After briefly breaking $5,300, Bitcoin retreated to below $5,200, while most of the top 20 cryptos slipped today. Monday, April 8 — Bitcoin (BTC) and Ethereum (ETH) have continued gaining momentum, while most of the top 20 coins by market cap have plunged in the red today. Ontology (ONT) and Bitcoin Cash (BCH) are seeing […]
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Over-the-counter traders in China are paying more for stablecoins than their USD counterparts as demand peaks for BTC. Bitcoin’s (BTC) price surge last week has led Chinese traders not only return to trading but pay a premium for doing so, social media-based news account cnLedger reported on April 7. Reproducing price spreads from cryptocurrency exchanges […]
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Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures. Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures. The news was reported by local media […]
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