In recent news, it has come to light that Ethereum (ETH) is on the verge of experiencing a staggering sell-off worth $1 billion. This momentous transaction, initiated by Celsius, a crypto lender grappling with bankruptcy, has sent shockwaves across the cryptocurrency community. According to on-chain analyst Lookonchain, Celsius embarked on a transfer of 459,561 ETH,
In a landmark case, Mark Scott, a former partner at the prominent U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his role in a fraudulent cryptocurrency scheme. The scheme, which involved the OneCoin cryptocurrency, was valued at a staggering $400 million. Manhattan federal prosecutors announced the sentencing on Thursday,
In recent times, the rise of green cryptocurrency projects has become an intriguing phenomenon. One such project, eTuktuk, has been generating notable traction in its presale, raising over $550,000 to date. This startup aims to revolutionize urban transportation sustainability in developing countries by transitioning polluting auto rickshaws into electric vehicles. Additionally, eTuktuk incorporates blockchain technology
The US government has recently made an announcement that has sent shockwaves throughout the crypto community. The Department of Justice (DOJ) revealed its plans to offload a significant portion of its Bitcoin (BTC) holdings, which has raised concerns among investors and enthusiasts alike. This move comes at a time when the crypto market is already
In the world of cryptocurrencies, Cardano (ADA) stands out from the crowd due to its distinctive approach. This approach, as highlighted by the crypto-based YouTube channel Cheeky Crypto, separates Cardano from its competitors. The host of the channel emphasizes the importance of “academic rigor” and “research-driven development” in Cardano’s blockchain platform. Unlike many other blockchain
The cryptocurrency market has been showing signs of a potential bull run, and Ethereum, the second-largest crypto by market capitalization, is poised to benefit from this upward trend. In this article, we will explore three key factors that could drive Ethereum’s value in the coming weeks. One crucial factor that could signal a bullish phase
The fervor surrounding the future of web3 social media platforms has been growing exponentially in recent years. As cryptocurrencies gain widespread popularity and acceptance, blockchain-powered social networks are emerging as the next groundbreaking phenomenon in the realm of digital networking. These platforms, built on blockchain technology, offer a myriad of advantages compared to traditional social
Last month, Changpeng Zhao, also known as CZ, the founder of the popular crypto exchange Binance, faced a significant setback when a federal judge denied his request to travel to the United Arab Emirates (UAE). This decision has put a halt to CZ’s plans, as he proposed using his substantial $4.5 billion stake in Binance
Amidst the current bearish sentiment in the crypto market, there is a growing belief among some analysts that Ethereum (ETH) has significant long-term growth potential. One such analyst, Elja on X, predicts that ETH could reach an astonishing $15,000 by the year 2025. In order to understand the basis for this prediction, it is essential
Chinese investors continue to display unwavering determination in their pursuit of Bitcoin, even in the face of the government’s ongoing ban since 2021. The latest report from Reuters reveals that Bitcoin continues to attract significant investment from Chinese capital, validating the resiliency and ingenuity of these investors. One such example is Dylan Run, a finance
The Cardano network has once again defied expectations and silenced its doubters by reaching a new milestone. Recent data from Cardano Blockchain Insights indicates a significant increase in the usage of Cardano’s Plutus V1 and V2 scripts. As of January 22nd, a staggering 24,050 smart contracts have been successfully executed using these scripts, marking a
The continuous surge in greenhouse gas emissions has become a cause for concern as it fuels the ever-worsening climate crisis. Startling data from the National Oceanic and Atmospheric Administration (NOAA) indicates that levels of carbon dioxide, methane, and nitrous oxide in the atmosphere reached new record highs in 2022. At present, atmospheric carbon dioxide surpasses
In January 2024, a phishing scam targeted users of web3 companies, including Wallet Connect, CoinTelegraph, Token Terminal, and De.Fi. The attackers used official email addresses to send fraudulent emails containing links to malicious sites. This sophisticated phishing campaign aimed to steal funds from thousands of crypto wallets. The initial phishing email sent from a Wallet
In recent years, Japan has positioned itself as a frontrunner in embracing and promoting blockchain technology through its Web3 policies. With its technologically advanced society and forward-thinking approach, it comes as no surprise that Japanese lawmakers are recognizing the significance and potential impact of Web3. The country’s commitment to fostering Web3 projects and developing favorable