Americans reported a record $9.3 billion in losses to cryptocurrency-related crimes in 2024, according to a report by the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3). The losses represent a 66% jump from 2023 and highlight the growing use of digital assets in online fraud schemes. The annual IC3 report says nearly … Read more
Key Takeaways: The Bitcoin long-term holder cohort saw a $26 billion value increase as BTC price surged to $94,900. Short-term holders sold at a loss in early April. Bitcoin’s 30% correction lines up with historical cycles, and BTC could find support in the $88,750 and $91,000 zone. Bitcoin (BTC) long-term holders (LTHs) significantly increased their … Read more
Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud. In an April 23 notice, the US Attorney’s Office said Eugene William Austin, also known as Hugh Austin, had been sentenced … Read more
‘You’ Season 5 Credit: Netflix The final season of Netflix’s hit thriller series You just dropped and it’s getting mostly positive reviews, though there’s a bit of a catch. The series, based on the psychological thriller novels by Caroline Kepnes, follows Joe Goldberg (Penn Badgley), a charming but dangerously obsessive man who becomes fixated on … Read more
Citrea, the ZK rollup designed to enhance Bitcoin’s blockspace capabilities, has launched its Clementine Bridge, marking the first complete BitVM bridge design on the Bitcoin Testnet. This deployment represents an advancement in extending bitcoin’s utility to decentralized finance (DeFi) applications, addressing the longstanding challenge of creating a secure bridge between Bitcoin and secondary layers. The … Read more
Ethereum active addresses rose 10% from 306K to 336K in 48 hours. ETH trades at $1,766.31, down 1.87% due to recent profit-taking. Active addresses to the Ethereum network are finding a 10 percent rise in 48 hours, indicating a significant activity uptick. The number of active addresses increased from 306,000 to 336,000 between the 20th … Read more
Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant’s global network of founders. According to the program website, crypto companies and four other types of businesses are excluded from participating in Nvidia’s Inception: consulting and outsourced development firms, cloud service providers, … Read more
Bitcoin to $500,000 minimum, Back says I’m not Satoshi Nakamoto, Back repeats Adam Back, the chief executive officer of BlockStream, also known as the creator of HashCash mentioned in the Bitcoin whitepaper by mysterious Satoshi Nakamoto, has made an ultra-bullish BTC price prediction. He believes that during the current market cycle, the world’s flagship cryptocurrency … Read more
In the beginning of April at the MIT Bitcoin Expo I was able to sit down with Jameson Lopp to discuss the current state of and future of Bitcoin. Jameson co-founded Casa, a multisig self-custody service, with Jeremy Welch in 2017 after a long stint as a software engineer at Bitgo, another multisig service based … Read more
Bitcoin ETFs added another $917 million in inflows, driven largely by Blackrock’s IBIT and continued investor enthusiasm. Meanwhile, ether ETFs slid back into outflow territory with a $23.88 million exit. Bitcoin ETF Boom Continues With $917M Inflows With Ether ETFs Unable to Maintain Momentum Investor appetite for bitcoin ETFs remains insatiable. Just a day after … Read more