Charles Hoskinson, Ethereum co-founder and later creator of Cardano, has made significant waves as an industry figure. Hoskinson’s exit from the project was bitter, characterized by infighting and disagreement over the eventual direction of Ethereum. Things came to a head when the contentiousness ultimately compelled Vitalik Buterin to fire Hoskinson...
The European Union is on the verge of implementing a landmark regulatory structure that would drastically reshape the state of play for crypto assets. To further combat tech-enabled illicit financing, starting July 1, 2027, the EU will prohibit privacy coins and anonymous crypto wallets. Indeed, this is one of the...
The European Union is about to launch the Anti-Money Laundering Regulation (AMLR). This multilayered international framework intends to make it difficult for bad actors to launder money and finance terrorism. With this agreement, these institutions will be prohibited from holding anonymous accounts by this regulation crypto asset service providers (CASPs)....
Riding high on the success of “Dogecoin Mania BabyDoge came into the limelight, promising to take you to the moon! Now, of course, it has blown past those new all-time highs in December 2024! Such a rapid increase goes to show just how strong this token truly is and the...
A retired American, 77, has become the target of one of the record Bitcoin heists worth $330.7 million US dollars. The attacker used sophisticated social engineering techniques to infiltrate the victim’s cryptocurrency wallet. On April 30, onchain investigator ZachXBT u605 via Twitter reported a whopper. It’s currently the fifth-largest crypto...
Blockstream Wallet is a simple cryptocurrency app developed by Blockstream. As a non-custodial solution, it enables users to conveniently manage their crypto assets and obtain complete control over their funds. Released in 2019 as Blockstream Green, its ancestor is GreenAddress Wallet, which launched in 2016. Compatible with over 60 blockchains,...
Monero (XMR), a leading cryptocurrency that focuses heavily on privacy, saw its price explode over the weekend, peaking at $317 on Sunday. A suspected widespread cyberattack on government institutions drove this increase. Roughly $330 million worth of Bitcoin was exchanged for Monero. The event stands as the largest single-day movement...
This is especially true given that Monero, a well-known privacy-focused cryptocurrency, just had a powerful market run up its value by over $1.5 billion in a day. Thanks to the surge, the price reached $329, marking a yearly high since 2021. In fact, within the first 24 hours, it had...
A mysterious, large-scale Bitcoin transfer, first flagged by on-chain analyst ZachXBT, is reportedly behind the price of Monero (XMR) skyrocketing. The transfer of 3,520 Bitcoin was valued at an estimated $330.7 million. The thieves turned the stolen Bitcoin into Monero. This action made Monero’s price jump up by 50% in...