Heather Morgan, famously known in the rap world as “Razzlekhan,” has recently been sentenced to 18 months in prison for her involvement in a significant money laundering scheme connected to the notorious 2016 Bitfinex hack. Morgan and her husband, Ilya Lichtenstein, were embroiled in a conspiracy that siphoned approximately 120,000 Bitcoins, valued at $71 million
Blockchain
In a significant turn of events within the cryptocurrency landscape, recent dialogues between Charles Hoskinson, the founder of Cardano, and Brad Garlinghouse, CEO of Ripple, have ignited speculation about a possible partnership between their respective platforms. This comes after Hoskinson’s controversial past, which included critical remarks directed at Ripple and its community. The recent shift
Recent media reports indicate that the Trump Media and Technology Group (TMTG) is in advanced negotiations to acquire Bakkt, a prominent cryptocurrency trading platform under the umbrella of the Intercontinental Exchange (ICE). If the deal materializes, it would mark a significant foray for TMTG into the burgeoning world of cryptocurrency, a space that has gained
In recent weeks, Solana has unequivocally demonstrated its burgeoning potential in the world of decentralized finance (DeFi) by achieving a remarkable milestone. The decentralized exchange (DEX) ecosystem on Solana has surpassed $70 billion in monthly trading volume for the first time, shattering previous records and underscoring a powerful upward trend in trading activity. This explosive
The cryptocurrency market has showcased a notable resilience over the weekend, with Bitcoin holding its ground above the $90,000 threshold. With its price hovering just below the $92,000 mark, Bitcoin is once again rallying, eyeing a potential breakout that could challenge its all-time highs. This stable movement comes as Bitcoin’s total market capitalization eclipses $3.2
In an era where transparency and accountability are paramount for organizations, the Cardano Foundation has taken a commendable step by releasing its 2023 Financial Insights Report. As the backbone of the Cardano ecosystem, this non-profit has made significant strides in outlining how it allocated its resources throughout the year. This report marks the foundation’s inaugural
In a groundbreaking announcement, Genius Group Limited has set a precedent within the corporate world by adopting a “Bitcoin-first” strategy, making Bitcoin the principal reserve in its treasury management framework. This strategic redirection not only aligns with contemporary financial innovations but also signals a shift towards more decentralized modes of operational finance in the corporate
Ethereum (ETH) has been making headlines recently, primarily due to its significant breakthrough above the $3,000 mark. This pivotal moment has ignited enthusiasm among traders and investors alike, creating a buzz that a bullish surge may be on the horizon. The relief rally following this breakthrough has been marked by a strong uptick in trading
Consensys recently set a significant milestone in the world of blockchain technology with the launch of the Linea Association, an independent non-profit entity based in Switzerland. This organization aims to foster the growth and development of Linea, a sophisticated zero-knowledge Ethereum Virtual Machine (zkEVM) Layer-2 rollup. The establishment of this association is not merely an
The cryptocurrency landscape has witnessed a remarkable shift in recent times, particularly with Bitcoin leading the charge. Over the past week, the digital currency has experienced unprecedented price movements, reaching new all-time highs in rapid succession. This article aims to dissect the myriad factors contributing to this bullish trend and evaluate where Bitcoin might head