The U.S. Attorney’s Office for the Western District of Washington filed a civil action on Tuesday seeking the forfeiture of over $7 million in digital assets recovered from a massive crypto scheme, a new press release from the Department of Justice shows. Fraudsters Stole $97 Million in Crypto Scheme, New Press Release Shows According to…
The Shiba Inu price has dipped today, mirroring the modest pullback seen across most major tokens over the past 24 hours. Despite the drop, SHIB remains up 6.5% on the week and 22% over the past two weeks, though it’s still down 15% over the last year. While that yearly loss may disappoint some holders,…
BNB, the native cryptocurrency of BNB Chain, crossed the $800 level in early Asian trading on Wednesday to set a new all-time high of $801. The surge came after a 5% increase over the last 24 hours and a 13% gain in the last week, taking BNB’s market capitalization to over $110 billion. Currently, it…
VERT, a Brazilian fund management and securitization firm, has launched a blockchain-based platform on the XRP Ledger (XRPL) to modernize the issue and management of agribusiness credit. According to a July 23 statement, the platform’s first significant transaction involves the tokenization of a BRL 700 million (~$130 million) Agribusiness Receivables Certificate (CRA), marking a substantial…
The Tron network, one of the leading blockchains in the market, appears to have regained steam following the renewed bullish sentiment across the crypto sector. Recent data show that the network, especially its fees, has risen sharply to new levels that exceed even those of other chains such as Ethereum. Ethereum Network Fees Slip Behind…
TL;DR After months of consolidation, Flare is finally breaking out, reclaiming $0.024 support and targeting $0.037 resistance. Over $776M in FLR are now staked, shrinking supply and boosting long-term holder confidence across the network. TrustSwap and Team Finance integrations bring new tools for developers building on Flare’s ecosystem. Clear Breakout After Months of Consolidation Flare…
TL;DR Ripple’s CEO joined the official X channel of the company to warn its community about a growing number of scammers impersonating the team with offers that are too good to be true. XRP’s price has been booming lately, which could be the reason behind the surging number of frauds. Like clockwork, with success and…
A massive $1.7 billion worth of ETH has been pulled from Aave over the past week. Aave community members believe Tron founder Justin Sun withdrew at least $600 million, sparking a cascade of market reactions. The large exit led to a sharp drop in ETH liquidity on Aave. Ethereum Whale Movement Causes Sharp Drop in…
Pudgy Penguins (PENGU) has recently reached a new all-time high (ATH) of $0.046, marking a six-month milestone for the meme coin. However, even with the record high, the altcoin is facing a challenge from investors who seem to be exiting, albeit gradually. This could lead to a drop in the PENGU price. Pudgy Penguins Notes…
BNB ($BNB) just punched through $788 as Wall Street money floods in, with $290M in fresh institutional buys this week alone. The rally comes as BNB Chain prepares to increase its transaction speed by 10X, targeting 20,000 TPS by 2026. Multiple publicly traded companies have recently allocated large sums to treasury strategies involving this asset,…