Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’

Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’

Last updated: April 18, 2024 19:30 EDT | 3 min read Russian Ministry of Internal Affairs officials took a $53.2 million Bitcoin and ETH bribe from a crypto exchange executive, a major newspaper in the country claimed this week. Per Kommersant, the officials were named Georgy Satyukov and Dmitry Sokolov, employees at “one of the […]

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These Altcoins Dumped the Most as Bitcoin (BTC) Slipped Beneath $60K (Market Watch)

These Altcoins Dumped the Most as Bitcoin (BTC) Slipped Beneath $60K (Market Watch)

Bitcoin’s price took another sharp turn for the worse yesterday when it dropped below $60,000 for the first time in well over a month. Most altcoins are also deep in the red today, with names such as SOL, DOGE, and TON dumping by more than 5-6%. BTC’s Latest Nosedive It was less than a week

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Important Ripple vs SEC Development, Bitcoin (BTC) Price Retreat, and More: Bits Recap April 18

Important Ripple vs SEC Development, Bitcoin (BTC) Price Retreat, and More: Bits Recap April 18

TL;DR After hitting a record high of around $73,800, Bitcoin (BTC) experienced a sharp correction to nearly $60,000. Despite the downturn, the upcoming halving on April 19 might trigger a bull run. Ripple is gearing up for a trial against the US SEC set for April 23. This legal battle continues to capture attention, with

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Unicorn Airdrops to Over 30 Competing NFT and Memecoin Communities

Unicorn Airdrops to Over 30 Competing NFT and Memecoin Communities

[PRESS RELEASE – Yokohama, Japan, April 18th, 2024] Unicorn, the first proof-of-stake (PoS) meme blockchain, announced the airdropping of UNICORN coins to over 30 communities. The ongoing event involves NFTs and memecoin communities. It caters to crypto enthusiasts on several networks, including Ethereum, Solana, and Cosmos. The eligibility rules are simple and enable holders of

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Bitcoin Poised to Enter Lenghty Re-Accumulation Phase as Pullback Hits 18%

Bitcoin Poised to Enter Lenghty Re-Accumulation Phase as Pullback Hits 18%

Bitcoin has now retreated 18% from its all-time high of $73,737 on March 14, tapping $60,000 during late trading on April 17. Corrections are a healthy part of market cycles, however, and analysts agree that this one may not be over yet despite the halving being just a couple of days away. On April 17,

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Bitcoin Miner Stocks Decline Ahead of Halving, Miners Remain Optimistic

Bitcoin Miner Stocks Decline Ahead of Halving, Miners Remain Optimistic

Bitcoin miners are experiencing a significant drop in stock prices as the upcoming halving is slated for later this week. The fourth Bitcoin halving, around April 20, will slash mining rewards by half to 3.125 BTC, currently valued at approximately $200,000. The stock prices of Marathon Digital (MARA) and Riot Blockchain (RIOT), key players in Bitcoin

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Sweden Busts 18 Data Centers for Secretly Mining Crypto

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Last updated: April 18, 2024 01:41 EDT | 2 min read Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The investigation, which spanned from 2020 to 2023 and focused on data center operations, revealed that they deliberately exploited tax incentives for

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Citadel-Backed Hidden Road Partners Targets $120M in Series B

Citadel-Backed Hidden Road Partners Targets $120M in Series B

Last updated: April 18, 2024 00:24 EDT | 1 min read Hidden Road Partners, Citadel Securities-backed prime brokerage, plans to raise $120 million in its Series B funding round, aiming for a market valuation of $1 billion. According to a Bloomberg report, sources familiar with the matter, who requested anonymity due to the information sensitivity,

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Binance Plots Comeback to India with $2M Penalty: Report

Binance Plots Comeback to India with $2M Penalty: Report

Last updated: April 18, 2024 00:19 EDT | 1 min read Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday. The platform’s return would be contingent upon registration with the finance ministry’s Financial

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Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

Last updated: April 17, 2024 23:00 EDT | 1 min read An escaped South Korean criminal suspect reportedly stole almost $362,000 worth of cash in an armed robbery on an OTC crypto buyer. Per Law TV News, police say the suspect – aged in his 40s – “lured” a victim to Seoul’s affluent Gangnam District

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