Lamborghini bros no more: Crypto is creating a new wealth effect

[ It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth. How much that extra cash gives them confidence to spend more – a phenomenon economists call the wealth effect – is a hot topic whenever crypto prices are surging. A group of researchers tried to quantify it … Read more

Binance Labs soutient la mission de Movement Labs d’étendre la stratégie « Move Everywhere » grâce aux investissements

[ L’investissement non divulgué de Binance Labs fait suite au cycle de financement de série A de 38 millions de dollars de Movement Labs SAN FRANCISCO, 2 mai 2024 /PRNewswire/ — Movement Labs, une équipe de développement de blockchain basée à San Francisco, a annoncé aujourd’hui avoir reçu un investissement de Binance Labs. Ces investissements suivent de près le … Read more

A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering

[ As a test of their resulting AI tool, the researchers checked its outputs with one cryptocurrency exchange—which the paper doesn’t name—identifying 52 suspicious chains of transactions that had all ultimately flowed into that exchange. The exchange, it turned out, had already flagged 14 of the accounts that had received those funds for suspected illicit … Read more

Crypto washout sends bitcoin below US$58,000 into bear market

[ LONDON: Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world’s most traded cryptocurrency fell by nearly 16% in April, as investors … Read more

Bitcoin Halving 2024: ‘Halving’ arrives for bitcoin miners | International Business News

[ NEW YORK: The bitcoin market on Friday engineered the “halving” of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money.“The 4th #Bitcoin halving is complete!,” announced cryptocurrency exchange Binance on X, the former Twitter.“The countdown has been reset — see you in 2028.”Bitcoin is created … Read more

OKX Now Supports ORDI and SATS on Merlin Chain

[ SINGAPORE, April 20, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today announced that it now supports deposits and withdrawals of ORDI and SATS tokens on the Merlin Chain. This integration expands the range of networks available to OKX users for managing these key Web3 assets. ORDI is the native token of the … Read more

OKX DeFi and Ethena Launch USDe Bonus Event Partnership

[ SINGAPORE, April 20, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today announced an exciting partnership between its OKX Wallet and Ethena, an Ethereum-based synthetic dollar protocol, to launch the Ethena USDe Bonus Event. Ethena offers an innovative crypto-native solution for financial transactions independent of traditional banking. Its “Internet Bond” provides users worldwide with … Read more

OKX Marketplace Introduces Zero-Fee Trading for Runes Following Bitcoin Halving

[ OKX is the first platform to enable zero-fee Runes trading on mobile Users can now trade popular Runes tokens like UNCOMMON.GOODS, PUPS and WZRD on OKX Marketplace SINGAPORE, April 20, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today added support for Runes, a new fungible token standard by Casey Rodarmor, a former Bitcoin developer … Read more

Raj Kundra-Shilpa Shetty in Rs 6600 crore Bitcoin ponzi scam; businessman REACTS with cryptic post |

[ Businessman Raj Kundra and his actress wife Shilpa Shetty found themselves at the centre of the controversy once again, this time for their alleged involvement in a Rs 6600 crore Bitcoin Ponzi scam. On Thursday afternoon, the Enforcement Directorate (ED) in a statement announced that they have attached a bungalow and a flat, apart … Read more

Ex-Amazon engineer gets three years for hacking DeFi platforms

[ A former Amazon.com software engineer who admitted to stealing millions of dollars in cryptocurrency by hacking two decentralised finance platforms was ordered to spend three years behind bars. Shakeeb Ahmed, 34, was sentenced Friday by US District Judge Victor Marrero on Friday. Ahmed pleaded guilty in December to taking advantage of flaws in the … Read more