Javier Milei-endorsed Libra token crashes after $107M insider rug pull
Insider wallets started cashing out just three hours after the token was launched, erasing over $4 billion from its market capitalization.
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New Zealand Police Spotlight Bitcoin Ransom Scam Targeting Porn Viewing
New Zealand police issued an alert on April 13 regarding a crypto-related scam that threatens victims with release of information on their porn use.According to a report published in the NZ Herald, the authorities say that the scammers extort victims through email. The scammers claim to have obtained information about the targeted victim’s consumption of…

Cryptocurrency Lending Firm Genesis Global Trading Processed Over $1.1 Billion in 2018
Cryptocurrency lending company Genesis Global Trading processed $1.114 billion in borrows and lends last year, according to the recently released Digital Asset Lending Snapshot for Q4 2018.At the end of Q3 2018, the company published its first Digital Asset Lending Snapshot, which reported that Genesis Global Trading only processed $553 million at the time counting…

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.
A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. 47 Total views 3 Total shares Own this piece of history Collect this article as an NFTA week after the twinning collapse of Silicon Valley Bank (SVB) and Signature…

Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on
Bitcoin price hits $15,300 and keeps climbing as a trading frenzy reminiscent of 2017 begins to unfold. 2161 Total views 27 Total shares Bitcoin (BTC) hit $15,000 on Nov. 5 as excitement over the U.S. election spilled over from macro markets. Data from Cointelegraph Markets and TradingView showed BTC/USD tackle the $15,000 barrier repeatedly throughout the…

Ethereum Price Aims for $300 But M-Top Could Reverse the Trend
The recent Bitcoin (BTC) price correction inflicted double-digit losses on many altcoins and while Ether (ETH) also took a knock, it recovered quickly compared to the price action of other top-ten altcoins. Since dropping 17.67% to $237.62 on Feb. 16, Ether has rallied 20.78% to $285.99, less than $5 away from its 2020 high at…

Things to know (and fear) about new IRS crypto tax reporting
The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars. This reporting regime is projected to rake in an astounding $28 billion over the next ten years. No other provision in this massive recently enacted federal law…

Former SEC Chair Jay Clayton sworn in as interim US attorney for Manhattan
Former SEC Chair Jay Clayton confirmed that he has been appointed as the interim US Attorney for the Southern District of New York after the Democratic Party’s Senate leader used a “blue slip” to block a vote confirming Clayton’s position. The appointment comes a little over five months after US President Donald Trump nominated Clayton

DeFi mainstreaming impossible until DEXs integrate layer 2, experts say
The rapid growth of the decentralized finance sector (DeFi) took a shock after the recent 17.5% drop in Bitcoin (BTC) price. However, it is likely that the DeFi sector will continue to grow as Bitcoin recovers, especially as users continue to look for high-yield strategies as a means to earn interest on their Bitcoin and…