Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

This is the address the latest Elon scam that accumulated all the scammed Eth

https://www.etherchain.org/account/0x2ce0cec5783da425cf84b217d4f3f05bfed353ab#txs If you look at all the recent transactions that went to this hash, most of those addresses were created recently and yesterday (2021-11-14) was when the latest attempt at the "Elon Musk will double your Eth" scam happened, complete with a "livestream" on Twitch, which coincides with a lot of the transactions to this…
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Loopring – everything you need to know about this crypto

submitted by /u/badaccountant28 [link] [comments]

Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols

Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund for Crypto Industry Investment firm Paradigm announced Monday the launch […]

Please Help With Stuck Transaction on Metamask

Can anyone help me with a stuck transaction on Metamask? I tried to unstake some YFI from the YFI governance contract and the transaction is labelled as pending on Metamask. I tried to cancel and speed up the transaction and it kept failing. I now have a few pending transactions. I reset my metamask, that…
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Daily Discussion – November 16, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Over $28.6M In Bitcoin And Other Cryptos Seized By Dutch Authorities

Dutch authorities seized over 25 million euros ($28.6) worth in Bitcoin, Ethereum, and other cryptocurrencies due to alleged criminal activity. A Chainalysis 2021 report revealed that in 2019 the volume of illicit crypto activity represented a small 2.1% of all transactions, and in 2020 that volume fell 0.34%, but their expectation for 2021 was for “cybercriminal use of DeFi for money laundering to increase”.  just as the cryptocurrency industry is always evolving, so too are the bad actors who commit cryptocurrency-related crime. The Fiscal Information and Investigation Service (FIOD), the National Criminal Investigation Department (DLR), and the Public Prosecution Service (OM) worked together on a mix of investigations with the intention of seizing crypto wallets linked to criminal activities. The authorities claimed in a public announcement that they “increasingly encounter cryptocurrencies in forms of crime such as drug and human trafficking, fraud and tax evasion.” Greater than 25 million euros in cryptocurrencies corresponding to bitcoin and ethereum have been seized from dozens of suspects. Related Reading | Here’s What Happens To All Of The Crypto Assets The IRS Seizes The Public Prosecution Service further commented their opinion on why cryptocurrencies are being used for criminal activities: Possession and use of cryptocurrencies is authorized but additionally common amongst criminals. The reason being that criminals understand cryptocurrencies as nameless and they are often moved world wide shortly. Cryptocurrencies are due to this fact broadly used as a method of cost for numerous sorts of crime. Crypto Exchanges Helped To Seize The Coins Dutch and foreign crypto exchanges reportedly helped the FIOD and OM with the operation after the corresponding legal actions were taken. The OM explains that these companies are “obliged to take action beneath Dutch legislation,” adding that their collaboration made it possible to access the “crypto wallets managed by criminals” and retrieve the $28.6 million worth in cryptocurrencies. The value is expected to be eventually transferred to the state treasury. The investigation additionally revealed that criminals counteract undesirable alternate charges by changing cryptocurrencies into so-called ‘stablecoins’ corresponding to USDT. These are cryptocurrencies whose worth are linked to the U.S. greenback, As some suspects are outside the Netherlands, the authorities called for foreign counterparts to cooperate and send them over to the country right after being identified. In 2013, the first seize of Cryptocurrencies in the Netherlands happened. Afterward, the OM believes investigations have improved, gotten better, and faster. The investigation services have learned to collect evidence through traces left by suspects of illicit activities involving crypto. This has allowed the authorities to spot them and seize their assets. Related Reading | Largest Crypto Seizure In Australia: Police Seize $6M Worth Of Digital Currency A Picture Of Crypto Inside The Netherlands A rough estimate of 700,000 Dutch people invests in bitcoin through Bitcoin Meesters, the largest crypto exchange in the Netherlands, but the total number of investors in the country remains unclear. The Dutch central bank (DNB) has registered around 20 cryptocurrency service providers, but a spokesperson commented “It only means that the providers are not involved in criminal activities, but that is as far as monitoring goes.” Regardless of the remarkable performance of Bitcoin over the year and the world slowly but unavoidably adapting towards cryptocurrencies, the Dutch investors association (VEB) and the DNB have been warring around Bitcoin and are not convinced of its utility, the latter expressed that the bank is “not advising for or against investment but we do have an opinion,” which is not an amicable one.

10 Reasons Why You Should Invest In Algorand

Disclaimer: I’ve lifted a lot of this research across multiple platforms and research tools to complete these 10 talking points. 1. Algorand has a strong developer team One of the key determinants to the long-term success of a crypto project is the quality, and commitment of the developer team. The more active the developer team,…
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Cardano Founder Addresses Price Speculations As ADA Struggles

Cardano has not been doing well these past couple of days. With strong competition from Solana, the digital asset has had a hard time maintaining its position in the market. This has translated into suffering prices on the part of ADA, causing the market to speculate on where the value of the asset might be headed. Founder Charles Hoskinson took to YouTube to address these speculations. Hoskinson who recently returned from his trip to Africa took to his YouTube channel to address the community on the trip and what lay in the future for the blockchain. As usual, the founder would usually take questions from the audience while live on YouTube and during the latest episode, the issue of price speculation came up a user asked about Solana flipping Cardano. Related Reading | Cardano Flips Solana, Tether To Reclaim Spot At 4th Place Everyone Will Be A Millionaire The question about the value of ADA seems to have struck a nerve with the founder, who questioned the identity of the user behind the question. Hoskinson said that there was something wrong with the way the market perceived value and this did not spell good news going forward. He pointed out that things like NFTs were being sold for insane amounts of money, saying the market was headed towards hyperinflation. ADA price trending above $2 | Source: ADAUSD on TradingView.com The founder explained that accumulating money will provide no real meaning or purpose to one’s life, but added that everyone will be a millionaire soon enough. Not due to the value of digital assets going up, but hyperinflation which threatens to erode the market. “As we get closer and closer to hyperinflation, used to be millions, then it was billions, now it’s trillions,” said Hoskinson. “Every one of you will be a millionaire soon enough.” The mathematician did not end it there, though. He pointed out that the value of things is subjective, asking why so many people care about the price of ADA so much. For a blockchain like Cardano, it’s really all about the tech. “Why do you care?” Hoskinson asked during the session. “The whole definition of the value of things is up for grabs.” Africa Is Looking Good For Cardano Charles Hoskinson updated the community about his just-concluded tour around Africa, opening up about the opportunities in the continent for the project and blockchain technology in general. The founder referred to the month-long trip as “worthwhile” with “challenges of hyper-organization.” Related Reading | What Went On In The Secret Meetings Between Cardano Developer IOHK And Zanzibar Officials? Shifting focus to the Africa fund, Hoskinson revealed that some announcements are in the pipeline. “We’ve brought some partners in. I think it’s going to end up being larger than anticipated. There’s a lot of great investments we’re going to be able to make in Africa, both on the infrastructure side, as well as the crypto side, to harmonize the two and bring things up.” Featured image from Blockchain News, chart from TradingView.com

Crypto APIs launches new Wallet as a Service (WaaS) with Sepior MPC technology

Crypto APIs, a Bulgarian crypto software company, today has launched a new Wallet as a Service (WaaS). The service utilizes advanced Multi-Party Computation (MPC) cryptographic key management provided by Sepior, a Danish security software company specializing in threshold cryptography. MPC wallets contain the highest cryptographic security standards and are a preferred solution for crypto transactions…
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How are people in the UK withdrawing their funds?

How is this working at the moment since I started investing binance has been blocked so has coinbase so I'm curious if I chose to withdraw some funds how would I go about doing this atm submitted by /u/yusuo85 [link] [comments]