Key Takeaways: U.S. Secret Service partnered with Canadian law enforcement and financial regulators to combat an Ethereum blockchain-based scam.” The operation targeted an approval phishing scam responsible for defrauding victims of approximately $4.3 million, by identifying compromised wallets and warning affected users. The initiative showcases how international cooperation and blockchain forensics can help disrupt transnational crypto scams. In an April 16 press release, the U.S. Secret Service collaborated with Canadian officials on a project dubbed “Operation Avalanche” with the goal of identifying compromised wallets on the Ethereum blockchain.U.S. Secret Service Tackles Crypto CrimeWorking with the BC Securities Commission, forensic analysts…
Author: cryphedge
The meme coin market has been moving quite slowly throughout the past couple of weeks. Several assets including the OG meme cryptocurrency Dogecoin (DOGE) have been on a downtrend. Despite this bearish sentiment, the DOGE community was rather optimistic. This was highlighted by the percentage of long positions on a prominent cryptocurrency exchange. But the real question is if DOGE can reclaim its major milestone of $0.50 in the next couple of days.Also Read: BRICS: China Eyes EU Partnership to Counter US ‘Abuse’How Is Dogecoin Trading At The Moment?Source: Watcher GuruThe cryptocurrency market has been volatile due to external factors.…
Welcome back to the Now Newsletter. I’m Matt Medved. It’s tax week in America — that special season when every questionable decision made during the bull run comes back to haunt you. Just ask one Pennsylvania man who failed to report $13 million in CryptoPunks profits. He just pled guilty this week, joining an exclusive club no one wants to be part of: NFT whales turned federal defendants. The lesson? The IRS may not know the difference between a zombie Punk and an ape—but they definitely know what capital gains look like.Chances are, your week went better than his. Unless, of course, you held…
Web3 grand strategy MMO Star Atlas has partnered with Twitch add-on layer Shaga to launch a $100,000 USD Creator Campaign, with rewards in $ATLAS tokens, Star Atlas Ship NFTs, and Shaga’s GLOB points.To qualify for the campaign, creators must use Shaga during a Twitch livestream of Star Atlas to allow a viewer to take over their gameplay. By sharing these “Shaga in Action” clips, creators can qualify for the upcoming Creator Campaign – and a share of the $100,000 prize pool on offer.Qualification is open until 23:59 PST on April 22, with the $100,000 Creator Campaign to be held from…
Gold price has heavily benefited from capital flight as investors flee from volatile stock markets amid global trade wars.Bitcoin price will gain bullish sentiment after gold hits rally top and cash rotation kickstarts.The U.S. stock market recorded more forced liquidations on Wednesday amounting $1.5 trillion, after Fed Chair Jerome Powell said that more volatility is likely ahead. With the trade war negotiations taking longer than anticipated, investors have been fleeing to the Gold markets to protect working capital. Moreover, inflation is anticipated to increase as investors show midterm fear amid the weakening U.S. dollar against major currencies.Gold Market Blowout Gold price gathered…
Federal Reserve Chair Jerome Powell reiterated the need for a regulatory framework for stablecoins and signaled that the Fed has no intention of limiting the banking sectors interaction with the crypto industry. Speaking at The Economic Club of Chicago on April 16, Powell said both chambers of Congress are revisiting efforts to legislate a stablecoin framework, which he described as necessary given the growing relevance of these digital instruments.Powell noted that earlier efforts to collaborate with Congress on a legal structure for stablecoins were unsuccessful. Still, he observed that “the climate is changing,” with lawmakers now showing renewed interest in formalizing…
Crypto casinos are redefining the way we play, infusing the excitement of high-stakes gaming with the innovation of blockchain technology. Gone are the days of cumbersome sign-ups and delayed payouts — today’s crypto platforms offer instantaneous transactions, heightened privacy, and an exhilarating fusion of technology and entertainment. As digital currencies continue to rise, so does the allure of cutting‐edge gaming venues that empower players with unprecedented freedom and security. In this article, we dive deep into the top five crypto casinos spearheading this revolution in 2025. Dexsport Leading our list is Dexsport, a platform that has turned the traditional casino…
The Ethereum network has gradually improved in the past few years to remain competitive via its L2.ETH price has yet to invalidate the multi-week falling trend experienced in Q1.The negotiations of the global trade wars have not spared the wider crypto market, amid an ongoing capital flight to the Gold market. The significant adoption of digital assets by institutional investors and nation-states has significantly complicated the 2024/2025 cryptocurrency bull cycle. On Wednesday, Federal Reserve Chairman Jerome Powell noted that markets will record continued volatility, amid ongoing decoupling between the United States and China.Ethereum Network Ready for Bullish Sentiment According to market data…
Crypto exchange Bybit announced that it will discontinue a wide range of its Wweb3 products and services by the end of May, according to an April 16 notice.The exchange said the decision is part of a shift in its operational focus as it enters a new phase of growth and innovation.Discontinued servicesAmong the services being phased out are Bybit’s Cloud Wallet and Keyless Wallet, both of which will become unavailable after May 31, 2025.Users have been urged to transfer all assets, including tokens, NFTs, and inscription assets, from these wallets to either their Bybit Funding Account or Seed Phrase Wallet…
Copper, a top platform offering solutions concerning digital asset collateral management, custody, and more, has commenced a strategic partnership with P2P.org, a prominent staking services provider. The collaboration aims to merge the staking infrastructure of P2P.org with the custodial solutions of Copper. With this, both platforms intend to advance staking services for the consumers. Copper and P2P.org Redefining Crypto Staking Solutions According to Copper’s announcement, the partnership will enable it to harness the exclusive rebalancing technology of P2P.org. In this respect, it will back the institutions seeking optimized returns as well as resilient security. Initially, the partnership will also support…
