Cryptocurrency news
Current news from the world of cryptocurrencies, information technologies and decentralized solutions. Stay up to date with the latest developments in the digital sphere.
HashFlare Crypto Pyramid Organizers Plead Guilty to $577M Fraud
The founders of HashFlare, a cloud mining service, Sergei Potapenko and Ivan Turygin, have pleaded guilty to running a cryptocurrency…
What Are Blockchain Bridges and How Do They Work?
As blockchain technologies evolve rapidly, the number of blockchain networks…
What is Web3 and How Does It Differ from Web2?
The internet is undergoing significant changes, and in response to…
Blockchain and Digital Identity: How Blockchain Can Improve Personal Data Security
As the world becomes increasingly digital, the importance of digital…
HashFlare Crypto Pyramid Organizers Plead Guilty to…
The founders of HashFlare, a cloud mining service, Sergei Potapenko and Ivan Turygin, have pleaded guilty to running a cryptocurrency Ponzi scheme. U.S. authorities will seize over $400 million in assets from them. Two Estonian Nationals plead guilty in $577M…
Coinbase Trading Volume Soars 2.4x in Q4
The trading volume on Coinbase surged to $439 billion in October–December, up from $185 billion in the previous quarter. Earnings per share (EPS) reached $4.31, 2.6 times higher than analysts’ average estimate ($1.81), according to Reuters. Reuters attributed the surge…
Telegram Wallet Enables Fee-Free USDT Purchases
Users of the custodial Wallet mini-app in Telegram can now buy Tether’s USDT with zero fees, thanks to a partnership with the Mercuryo payment network and The Open Platform, an infrastructure provider for The Open Network (TON). ⚡️Exclusive: Buy USDT…
Ethereum Foundation Allocates $120M to DeFi Protocols
Ethereum Foundation (EF) has invested $120 million worth of ETH into various lending protocols to increase reserve yields. EF Treasury has deployed: – 10,000 ETH into Spark– 10,000 ETH into Aave Prime– 20,800 ETH into Aave Core– 4,200 ETH into…
Russians Arrested in Thailand for Stealing $16.5M…
Police in Phuket, Thailand have arrested four Russian nationals suspected of carrying out cyberattacks using ransomware, targeting over 1,000 companies and causing damages totaling $16.5 million. Earlier today we made a post regarding the arrest of 8base ransomware group. We…