Runes Generate $135M In First Week Amid Record Daily Transactions

Bitcoin’s recent surge to a new all-time high in daily transactions has been accompanied by the remarkable success of its latest innovation, Runes. Since its launch just one week ago, Runes has made waves in the cryptocurrency world, generating an impressive $135 million in network fees. The launch of Runes coincided with a significant milestone … Read more

Ethereum Price Sees Slight Decline As On-Chain Transactions Draw Attention

Today, the price of Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a slight decline as it inches closer to the $3,000 mark. ETH witnessed a low of $3,071 before undergoing a modest recovery, with the current trading price settling at $3,114. Notably, Ethereum continues to show a 1% loss in value at press … Read more

FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services

The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC) information. FBI’s Crypto Warning The … Read more

Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression

Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for the … Read more

DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer

In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in Tornado Cash Laundering Case The … Read more

Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports

Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only … Read more

Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment

In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory … Read more

Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet

After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure on the social media site X with the statement, “RIP … Read more

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