Tornado Cash Developer Gets 64-Month Sentence for Money Laundering

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In a shocking court ruling on May 14, the mastermind behind Tornado Cash was found guilty by a trio of Dutch judges for aiding in a staggering $2.2 billion in money laundering using the popular crypto mixer on the Ethereum network. Despite fierce defense from his lawyers, who argued that developers should not be held … Read more

Memecoin rallies over 300% driven by GameStop (GME) on Solana network

Memecoin rallies over 300 driven by GameStop (GME) on Solana network

Breaking the silence after three long years, the legendary stock market guru known as Roaring Kitty emerged on the X platform with a bang on Monday. This influential figure, who sparked a frenzy among traders by orchestrating the epic short-squeeze of GameStop Corp. Cl A (NYSE: GME) in 2021, has finally returned to the spotlight. … Read more

Tether Expands in UAE with Partnership Deal with RKD DAO

Tether Expands in UAE with Partnership Deal with RKD DAO

Tether has announced its partnership with RAK Digital Assets Oasis (RAK DAO) through the signing of a groundbreaking Memorandum of Understanding (MoU). Together, these two innovative organizations will work towards introducing the game-changing technology of Bitcoin (BTC) and stablecoins to the vibrant city of Ras Al Khaimah. “In collaboration with RAK DAO, Tether will help … Read more

Binance Drops XRP and TUSD from Futures Multi-Assets Mode

Binance Drops XRP and TUSD from Futures Multi-Assets Mode

Binance, one of the leading cryptocurrency exchanges, has caused quite a stir with its recent announcement to withdraw support for XRP, injecting an unexpected twist into the market narrative. Surprisingly, despite this news, XRP’s price has displayed a minor recovery, showcasing the resilience of investors amidst these unfolding events. What’s Brewing Behind Binance’s Plan to … Read more

No bullish trend in Bitcoin due to the token decline

No bullish trend in Bitcoin due to the token decline

Bitcoin (BTC) enthusiasts held their breath on Monday as the cryptocurrency seemed to be gearing up for a bullish run. However, Tuesday brought a sudden shift in the market, causing BTC to plummet to $61,735 (BTC/USD). Amidst a tumultuous global economy plagued by soaring inflation rates, investors have been eagerly anticipating a resurgence in Bitcoin’s … Read more

Binance trading volume increases by 72% despite market decline

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The Surprising Dip in Derivatives Trading Volume on Major Exchanges in April by 1.4%. Binance, the king of centralized exchanges, saw a whopping 72% surge in futures trading last month. The Wu Blockchain team revealed that this explosive growth was sparked by Binance’s genius move of offering a limited-time discount on USDC perpetual contracts. Traders … Read more

After a tough weekend, Bitcoin starts climbing again

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Bitcoin takes a tumble over the weekend, shedding 3.95% of its value and crashing to the $60,000 mark against the US dollar. Investors hold their breath as the once-stable cryptocurrency shows signs of volatility. The cryptocurrency market was buzzing with excitement this morning as the token made a strong comeback, signaling a bullish trend for … Read more

US Court Puts Freeze on 279 North Korean Linked Crypto Accounts

US Court Puts Freeze on 279 North Korean Linked Crypto Accounts

In a shocking turn of events, Justice Timothy Kelly has ordered the freezing and surrendering of several accounts to the U.S. government. Allegedly, these accounts are linked to the notorious North Korean crypto thefts. The exact sum of money involved has yet to be revealed, adding to the intrigue and mystery of this case. Dive … Read more

Chinese Authorities Nabbed Six in $300M Crypto Fraud Bust

Chinese Authorities Nabbed Six in 300M Crypto Fraud Bust

Six individuals have been taken into custody for their involvement in a massive cryptocurrency scandal, where they allegedly conducted illegal transactions worth a staggering 2.94 billion yuan, equivalent to a whopping $300 million. Cryptocurrency Scam Uncovered in Northeast China! The Public Security Bureau of Panshi has apprehended a group of suspects for running an illegal … Read more

Ethereum co-founder Joseph Lubin charged with fraud, Details

Ethereum co-founder Joseph Lubin charged with fraud

Bombshell accusations have surfaced against Joseph Lubin, the mastermind behind Ethereum and ConsenSys. In a shocking twist, he has been accused of participating in deceitful schemes that could rival those of notorious scammer Bernie Madoff. The damning allegations, revealed by a mysterious group known as “TruthLabs,” allege that Lubin has been involved in fraudulent Bitcoin … Read more