The Tornado Cash developer was arrested in August 2022 by Dutch authorities as part of a criminal investigation against the crypto mixer service.
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Ethereum gas fee jumped due to memecoin frenzy with mixed comments on network usability
Ethereum proponents celebrated the growth in daily revenue, while many others pointed toward network congestion and difficulty in usage.
Ethereum gas fee jumped due to memecoin frenzy with mixed comments on network usability
Ethereum proponents celebrated the growth in daily revenue, while many others pointed toward network congestion and difficulty in usage.
Midjourney, other AI devs strike back in court, claiming their material is not similar to artists
The response by the AI firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI.
Founder of collapsed crypto exchange Thodex detained in Turkey
Founder and former CEO of Thodex is finally brought to Turkey after two years since the exchange halted operations.
Founder of collapsed crypto exchange Thodex detained in Turkey
Founder and former CEO of Thodex is finally brought to Turkey after two years since the exchange halted operations.
Bitcoin at key point with BTC price at $28.8K — Bollinger Bands creator
Decision time for Bitcoin as an ongoing correction changes the nature of the $30,000 breakout.
Bitcoin at key point with BTC price at $28.8K — Bollinger Bands creator
Bitcoin (BTC) fell below $29,000 into April 20 as bulls faced a battle for ground reclaimed in March.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill $30,000 become Bitcoin's latest "Bart Simpson"?
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $28,800 on Bitstamp.
Earlier wicks below $28,600 were quickly bought up, but Bitcoin still threatened to flip $29,000 to resistance on the day, as traders eyed a crucial support zone.
“Whilst the Bitcoin market is correcting, we still have the average transactor taking profits,” Checkmate, lead on-chain analyst at Glassnode, wrote in part of Twitter analysis.
“To me, this indicates that chips are still being taken off the table, and we don’t yet have a flush out of top buyers in full (like March).”
Dogecoin soared 23,000% in 2021 — Is history starting to repeat for DOGE price?
The price of Dogecoin (DOGE) has almost doubled after bottoming out at $0.0491 in June 2022, alongside a similar recovery across the cryptocurrency market.
On April 20, DOGE is trading for as high as $0.0942, up around 94% versus the last year's bottom. But, despite its impressive rebound, its price is still 88% below its all-time high of $0.76 set in May 2021. Thus, the DOGE/USD pair remains far from establishing a decisive bullish reversal on longer timeframes.
DOGE/USD three-day price chart. Source: TradingViewDogecoin price soared over 23,000% in 2021 primarily due to Elon Musk's vocal support. Ironically, DOGE/USD topped after Musk called it a "hustle" during his Saturday Night Live appearance in May 2021.
DOGE price entered a prolonged long bearish cycle, furthered by the prospects of the Fed tightening (leading to actual interest rate cuts in 2022 and 2023). Also, the collapse of multiple leading crypto firms, such as Terra (LUNA), Three Arrow Capital, FTX, etc., exacerbated the DOGE selloff.
October 2022 saw a 100% price rebound despite the multi-month downtrend. The recovery coincided with Musk's shaky takeover of Twitter amid hopes that DOGE would become the social media platform's official payment token.
Dogecoin soared 23,000% in 2021 — Is history starting to repeat for DOGE price?
The price of Dogecoin (DOGE) has almost doubled after bottoming out at $0.0491 in June 2022, alongside a similar recovery across the cryptocurrency market.
On April 20, DOGE was trading for as high as $0.0942, up around 94% versus last year’s bottom. But despite its impressive rebound, its price is still 88% below its all-time high of $0.76 set in May 2021. Thus, the DOGE/USD pair remains far from establishing a decisive bullish reversal on longer timeframes.
DOGE/USD three-day price chart. Source: TradingViewDogecoin price soared over 23,000% in 2021 primarily due to Elon Musk’s vocal support. Ironically, DOGE/USD topped after Musk called it a “hustle” during his Saturday Night Live appearance in May 2021.
DOGE price entered a prolonged long bearish cycle, furthered by the prospects of the Fed tightening (leading to actual interest rate cuts in 2022 and 2023). Also, the collapse of multiple leading crypto firms, such as Terra (LUNA), Three Arrow Capital, FTX, etc., exacerbated the DOGE selloff.
October 2022 saw a 100% price rebound despite the multi-month downtrend. The recovery coincided with Musk’s shaky takeover of Twitter amid hopes that DOGE would become the social media platform’s official payment token.
Societe Generale launches euro-pegged stablecoin on Ethereum
The EURCV stablecoin is only available to institutional investors onboarded by Societe Generale through its KYC and AML procedures.
Subway-themed trading bot makes millions using ‘sandwich’ attacks
An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins.
The wallet address, linked to the Ethereum Name Service (ENS) domain “jaredfromsubway.eth” made $950,000 from the sandwich attacks on April 18 and profited about $300,000 and $400,000 on April 17 and 19 respectively according to an April 19 tweet from nonfungible token (NFT) data platform Sealaunch.
The bot's ENS domain is a likely tongue-in-cheek nod to the popular sandwich chain and its disgraced former spokesperson Jared Fogle.
Over a 24-hour period between April 18 to 19, 7% of all Ethereum gas fees were spent by the MEV bot, Sealaunch explained in a separate post.
A large proportion of the profits came from attacks on trading activity relating to two new meme coins, Pepe (PEPE) and Wojak (WOJAK), which has helped propel jaredfromsubway.eth to the become the largest gas guzzler over the last day and week, crypto researcher Matt Willemsen explained:
Subway-themed trading bot makes millions using ‘sandwich’ attacks
The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000.
Multiple Silvergate lawsuits over alleged FTX ties combined by judge
Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits.
A16z’s hyped-up orange balls revealed to be an L2 rollup client
An earlier series of tweets sharing images of orange balls were the precursor to the announcement of a client for layer-2 solution Optimism.
DePIN will become one of this decade’s most important crypto investments
Decentralized physical infrastructure is offering one of the most real-world implementations of blockchain technology to date.
Crypto financial services provider Januar receives full Danish payments license
The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure.
Subgraph hosted service launches as The Graph prepares for decentralization
The new service will make it easier for mid-tier or small-tier subgraphs to be indexed and discovered.
Bank of Russia to set up entities for crypto mining and cross-border settlement: Report
Russia's central bank plans to create new institutions to mine crypto assets and settle international payments.
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad.