Trung Nguyen, often known as DCS420, was sentenced to six years in prison and three years of supervised release. Nguyen leveraged encrypted messaging apps to communicate with clients, leveraging technologies that made it harder to track BTC transactions. A resident of Danvers, a town in Massachusetts, was convicted of operating an unregistered Bitcoin transmitting business … Read more
The U.S. Securities and Exchange Commission (SEC) has charged Alexandre Konanykhin with securities fraud after he allegedly swindled more than 5,000 unsuspecting investors by inflating the value of his company’s Unicoin tokens. SEC Accuses Unicoin Leadership of $110M Investor Scam “Wanted dead or alive, Vladmir Putin, for mass murder,” the February 2022 Facebook post reads. … Read more
Bitcoin’s price fluctuations intensified this week as trade tensions escalate, with altcoins experiencing significant declines amid renewed tariff threats. The latest comments from U.S. President Donald Trump, suggesting new tariffs on the European Union and Apple, have raised concerns about market stability. “Altcoins have more downside in an escalating trade conflict because they are fundamentally … Read more
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Sui’s largest decentralized exchange, Cetus, was exploited on May 22 for over $220 million — the most severe DeFi incident in the network’s short history. It raised difficult questions about validator power, decentralization and reactive governance. The attacker exploited faulty math in … Read more
Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout … Read more
Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout … Read more
Risk appetite across traditional and cryptocurrency markets saw a sharp rise this week, helping United States cryptocurrency funds recover the capital lost to the correction of February and March, amassing over $7.5 billion worth of weekly inflows. Bitcoin (BTC) surpassed its old all-time high on May 21, two days after President Donald Trump confirmed ongoing … Read more
It’s been 30 years since computer scientist Ben Goertzel wrote his first line of AI code, already convinced that artificial intelligence should be decentralized. Today, as the world approaches the dawn of Artificial General Intelligence (AGI), who leads this breakthrough could have profound consequences for the future of humanity. Speaking with Cointelegraph at the Consensus … Read more
A man who converted cash into Bitcoin for scammers and a drug dealer has been sentenced to six years behind bars. Trung Nguyen of Danvers, Massachusetts ran an unlicensed, “no questions asked” money transmitting business called National Vending, according to a statement released by the U.S. Justice Department. More than $1 million was converted into … Read more
Popular Bitcoin critic and gold advocate Peter Schiff has once again issued new assertions to downplay the broad crypto ecosystem. This time, the vocal critic has described crypto and tech investors as ignorant amid rising rates, in an X post on May 21. Although Bitcoin has seen a sharp surge today, pushing its price to … Read more