Year’s

2024 NFT Revenue Tops Last Year’s $8B Mark

2024 NFT Revenue Tops Last Year’s $8B Mark

The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more […]

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86-Year-Old Gets 5 Years Probation for $15M Crypto Ponzi Scheme

86-Year-Old Gets 5 Years Probation for $15M Crypto Ponzi Scheme

An 86-year-old former attorney, David Kagel, has been sentenced to five years of probation for organizing a multimillion-dollar cryptocurrency Ponzi scheme that defrauded investors out of nearly $15 million. The judgment, filed on October 8 in a Las Vegas federal court, also requires him to pay $14 million in restitution to his victims. U.S. District

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15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data)

15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data)

A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken. This was their third BTC transfer in the past few weeks after being silent for a decade, said the popular resource. Arkham data shows that the wallet received the bitcoin

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How Many Years Will Sam Bankman-Fried Get In Prison, Really?

How Many Years Will Sam Bankman-Fried Get In Prison, Really?

Last updated: March 22, 2024 16:54 EDT | 3 min read Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison – but what sentence will he actually get? In the defense’s sentencing recommendation released late last month, Bankman-Fried’s

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Why This Year’s Bitcoin Halving Is “Actually Different”: Grayscale

Why This Year’s Bitcoin Halving Is “Actually Different”: Grayscale

The upcoming Bitcoin (BTC) halving is likely a bullish development, but a slew of outside factors mean it likely won’t play out the same as in previous years, according to Grayscale. Last month, the company successfully converted its Grayscale Bitcoin Trust (GBTC) into the world’s largest Bitcoin ETF. The introduction of such ETFs, according to

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