Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States. Cryptoqueen’s Partner at Onecoin Admits Role in Multimillion-Dollar Fraud Co-founder […]
Everyone remembers the hype in this sub in the build up to last years super bowl crypto ads and the potential pump it would cause. Of course, it never caused any sort of pump, that’s not how above the line mass advertising works. Well the football World cup final is today between France and Argentina…
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Presumably, 2022 was not a good year for Blockchain / Web 3 / DLT (you name it). I put all three wordings in the same bucket to draw the bigger picture. This year was full of Scams (3AC, Terra Luna, Celsius, FTX…). Unfortunately, this is what non-crypto-people think of first when I talk with them…
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submitted by /u/libramoonmonkey [link] [comments]
Hey everyone, I wanted to share a new service I developed to keep track of new crypto-related articles on Medium. It's called "Medium Notification Service" and it helps programmers to easily integrate notifications for new articles published by their selected authors, publications, and for articles with certain tags. One of the best things about this…
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submitted by /u/KAX1107 [link] [comments]
Bitcoiners on Twitter recently pleaded with the CEO of the social media platform, Elon Musk, to preserve the account of late computer scientist and bitcoin pioneer Hal Finney. The outcry came after Musk announced that a mass of inactive accounts would be purged. Finney’s wife has since jumped in, and tweeted from Hal’s former account […]
Bitcoin and the crypto market have been of late seeing most prices of crypto in red, with little hope for an uptrend, at least based on charts. The past few weeks have seen growing fear and doubt about the asset class. However, despite the recent trend in the market, the primary crypto asset, Bitcoin, is recording an increase in whale transactions. The big shots have gathered more BTC in the past fortnight, valued at hundreds of millions of dollars. Related Reading: Bitcoin Plummets Below $17,000 After Audit Firm Mazars Pauses Work For Binance Bitcoin Gets Massive Whale Accumulation According to data from Santiment, a crypto analytics firm, whales have accumulated more Bitcoin tokens over the past nine days. It noted that the value of the crypto is worth over $726 million in the current market exchange rate. Santiment reported that Bitcoin’s addresses holding between 100 to 10,000 BTC tokens are still purchasing more. Furthermore, the firm mentioned that these addresses had witnessed rapid growth over the three weeks. The analytics company cited that about 159 new addresses have been holding between 100 to 10,000 BTC over the last three weeks. According to the data, this is the fastest growth such addresses have experienced in 10 months. A swing in the addresses could be linked to FUD (fear, uncertainty and doubt) brought about by the ongoing Russia-Ukraine war. At the time of writing, Bitcoin is trading at $16,745. Its market cap is $326.65 billion, and its dominance over altcoins is 39.64%. Whales Pick Top Stablecoins The analytics firm noted that stablecoins had also caught the whales’ interest. As a result, they are buying the top stablecoins, which include USDT, DAI, and BUSD. Santiment mentioned that the whales’ addresses that picked on Tether (USDT) and Binance USD (BUSD) have coins worth between $100,000 and $10 million. It gave a combined purchase of about $922.4 million for the two stablecoins by the whales within the past three days. On separate records, Tether’s top addresses have accumulated a collective value of $817.5 million USDT coins. The deal represents more than a 7% surge in their holdings before December 10, 2022. Related Reading: What’s Next For Investors As Cardano Threatens To Slip Further? For Binance USD (BUSD), the key addresses accumulated a collective value of $104.9 million for the coin. This is a significant buying power within the past three days. Moreover, it represents a 9% increase in their holdings before December 10, 2022.
Some of you might've seen the news that an US-pegged stablecoin is being planned by the Argentinian government to deal with some of the insane inflation and economic problems plaguing our country. Which might be a nice sentiment and effort were it not for a few things. Number one, our government is incredibly inept. Whether…
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