Accused Bitfinex Bitcoin Money Launderer Granted Permission to ‘Engage in Legitimate Employment’

On February 8, 2022, the U.S. Department of Justice (DOJ) arrested a couple that is accused of laundering 94,636 bitcoins stolen from Bitfinex in 2016. The DOJ alleges that the tech entrepreneur, Ilya Lichtenstein, and his wife Heather Morgan, conspired to launder billions of dollars worth of bitcoin. The duo could face 25 years in … Read more

FrontFanz Is Taking Over the Web3 Scene by Storm

Creators today face many complex challenges. From problematic and fickle algorithms and overly aggressive, subjective censorship to shadow banning, chargebacks, delayed payments, and de-platforming. Indeed, it’s become evident that Web2 platforms aren’t equipped to offer fair conditions to content creators. Enter FrontFanz, a Web3 censorless platform built for creators by creators. Essentially removing third-party involvement, … Read more

While the ‘Timeline Isn’t Final,’ Ethereum Could Implement The Merge on September 19

In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was shared via “a planning timeline” on Twitter, which noted the shift from PoW to PoS could happen on September 19. The source stemmed from Ethereum Beacon chain … Read more

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide Europeans with “easy access to central bank … Read more

Sideways Crypto Markets Provide Buying Opportunities, Bitcoin and Ethereum Prices Remain Steady

With the weekend upon us, cryptocurrency markets continue to trade sideways as the global crypto market cap remains above the $900 billion level, BTC holds above $20k, and ETH remains above $1.2k. With the stock market closed this Saturday, it is no surprise that crypto markets remain relatively quiet with little volatility. Key Points: Markets … Read more

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Yesterday’s Gains 

BTC was marginally lower to start the weekend, as crypto prices consolidated following recent gains. After surges in price on Friday, both ETH and bitcoin were slightly lower, as bulls appeared to have liquidated positions in order to secure profits. Bitcoin Bitcoin was trading lower to start the weekend, as markets consolidated following Friday’s surge … Read more

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