The U.S. Department of Justice (DOJ) has seized as much as $112 million in digital currency from addresses tied to pig butchering scams. Pig Butchering Is a Huge Problem Judges in several states – including Arizona, Idaho, and California – have issued at least six separate warrants for the seizure of digital currency housed in […]
Rumors circulate of possible Avorak AI integration into top CEX according to recent leak
Avorak AI (AVRK) has gained significant attention with the increased interest in AI crypto solutions. Recently, rumors have been circulating about a possible integration of Avorak AI into a top centralized exchange (CEX). Many have mentioned Binance and Coinbase as possible candidates for this integration. AI crypto AI crypto is a relatively new space within […]
Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says
The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.
Milady [LADYS]: From memes to millions, but for how long?
Elon Musk’s tweet caused the Milady NFT collection to be the most traded NFT collection in the past few days. But as the hype dies down, it remains to be seen how the project will fare in the coming days.
Ethereum clients Prysm, Teku release upgrades to solve network finality issues
Two Ethereum 2.0 consensus clients, Prysm and Teku, have released new upgrades to address current Beacon Chain finality problems. The Ethereum network encountered finality problems twice in 24 hours, the first lasting 25 minutes and the second lasting more than…
Incoming Twitter CEO, Linda Yaccarino, follows Shiba Inu, Dogecoin
Linda Yaccarino, the new CEO of Twitter, has a surprising connection to Dogecoin, the meme-inspired cryptocurrency championed by her predecessor, Elon Musk. According to her Twitter profile, Yaccarino follows several accounts related to Dogecoin and its spin-off, Shiba Inu (SHIB),…
Crypto Companies Raised $2.6B in Q1 2023 But There’s a Catch: Report
A new report by global capital markets data platform PitchBook revealed that crypto-focused companies raised $2.6 billion across 353 investment rounds in the first quarter of 2023. The amount raised signaled a 12.2% and 11% decrease in the quarter-on-quarter total number of deals and deal value, respectively. It also represented the fourth consecutive quarter of […]
Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar
EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28 million, had left its creditors in a state of uncertainty. In the latest notice […]
Bitcoin (BTC) Price Analysis for May 13
Has Bitcoin (BTC) found local bottom?
MATIC bounces from $0.82 but rejection can be expected at…
The $0.9-$1 area was filled with areas where sellers are expected to be strong, and the prevalent downtrend meant a retest of these levels could offer shorting opportunities.