South Korean police officers continue to close the net on suspected darkweb-based drug traders – with officers in North Gyeongsang Province arresting 86 people they believe bought or sold narcotics using bitcoin (BTC) as a payments tool. As reported last month, officers in the capital Seoul arrested 178 people in an initial crackdown on suspected…
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The world’s largest cryptocurrency, Bitcoin, has been trading in a bearish market as the broad-based US dollar maintains strong positive traction. Bitcoin has dropped nearly 6% in the last 24 hours and more than 8% in the previous seven days and appears to be losing value among investors for different reasons. … Read More: Bitcoin Price…
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A massive capitulation could be ahead for bitcoin (BTC) if some analysts are to be believed. But according to others, it’s just a matter of time before money printers are turned back on around the world and BTC rises in response…. Read More: Analysts Predict Massive Capitulation for Bitcoin – But How Long Before Recovery?…
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Brazilians have spent more money than ever buying cryptoassets this year – and in May shattered previous spending records by shelling out a combined USD 912 million on coins. Per the media outlet Portal de Bitcoin, the data was released by the nation’s Central Bank, which is yet to compile and release figures for June,…
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Bitcoin price failed to surpass the USD 20,500 resistance zone. BTC started a major decline and traded below the USD 19,500 support. It is currently (04:00 UTC) down over 5% and might decline further towards USD 18,000. Similarly, most major altcoins started a major decline. ETH dropped over 8% and even spiked below USD 1,500.…
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A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who has deteriorating health after solitary confinement in France and…
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The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise in the number of women holding crypto for this period.
Tax…
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While mainstream outlets have generally grasped the complexity of upgrading a major blockchain “mid-flight,” it’s prompted a few to warn about the disruptions should it fail. Mainstream outlets are starting to pick up on the significance of next week’s Ethereum Merge, describing it as a “major overhaul” that could either accelerate crypto adoption or send…
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The Bellatrix upgrade was the last major upgrade before the Ethereum Merge, which will transition the network’s consensus mechanism to proof-of-stake. The Bellatrix upgrade preparing Ethereum for the Merge was successfully completed on Sept. 6 – however concerns were raised over an almost one in ten missed block rate across the last 600 slots. The…
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The blockchain company has been pushing hard into the CBDC space since piloting its CBDC Private Ledger aimed at central banks in March 2021. Ripple may soon unveil positive developments in its central bank digital currency (CBDC) projects, following hints from Ripple CBDC advisor Antony Welfare of more announcements to come. Crypto influencer Sentosumosaba had…
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