Founder of Thodex Exchange to Be Extradited Back to Turkey for Fraud and Theft Charges
The Turkish Ministry of Justice announced that preparations for the extradition of the founder of the Thodex exchange have been completed and that he will be handed over to law enforcement agencies next Thursday. Faruk Fatih Ozer fled Turkey last year and was wanted by Interpol on charges of frau ...
MATIC’s Long-Term Prospects Uncertain as Whales Lose Aggressiveness
Polygon (MATIC) rose on positive market reaction to Ethereum's successful network update, but its long-term prospects remain uncertain and it remains to be seen whether the bulls will be able to avoid a significant correction MATIC is the native token of the Polygon network, a popular second-leve ...
Ripple (XRP) Faces Resistance as Wave Analysis Suggests Potential Reversal
The Ripple (XRP) rate fell sharply on April 19 after the price rebounded from an important resistance area Despite today's drop, however, wave analysis promises the project Ripple (XRP) token will bottom out soon and potentially reverse. Will the bulls be able to resuscitate the bullish struct ...
Kyber Network Warns Users of Possible Vulnerability in KyberSwap Elastic Platform
Kyber Network warns users of potential vulnerability on KyberSwap Elastic platform Kyber Network, a decentralized finance protocol team, has issued a warning to users of its KyberSwap Elastic platform about a possible security breach. While the developers did not provide details about the vuln ...
Solana’s Recent Price Movement and Potential Future Growth
On April 17, Solana hit a new high this year, but bounced off the high of the current range. What does this mean for SOL. SOL is a native token of the Solana blockchain, created by Anatoly Yakovenko. It uses a unique consensus mechanism that is a combination of Proof-of-Stake (PoS) and Proof-o ...
XRP On-Chain Metrics Suggest Possible Price Correction
For the last seven trading days, the XRP rate has mostly stalled around $0.52, and on-chain metrics promise the coin an early loss of $0.50 support. The native token of the famous Ripple project (XRP) was on the rise in March in a number of on-chain indicators, including the growth of popularity ...
Calgary Police and Chainalysis Partner to Investigate Crypto-related Crimes
Calgary, Alberta, Canada's police force has partnered with Chainalysis, an analytical company, to establish the Center for the Investigation of Crimes Related to Cryptocurrencies and Blockchain. The CPS Blockchain Investigation Team (BIT) was formed by the Cybercrime Investigation Unit of the Cal ...
Australians lose $148.3 Million to Cryptocurrency Scams in 2022
According to the latest report by the Australian Competition and Consumer Commission (ACCC), cryptocurrency scams in 2022 resulted in a loss of $148.3 million to Australian citizens. The regulator received 3,910 reports of cryptocurrency fraud over the past year, with an average loss of $37,900 p ...
Ray Youssef Unlocks 88% of Frozen Accounts on Paxful
Ray Youssef, the co-founder of the now-defunct P2P marketplace Paxful, has revealed that 88% of previously frozen accounts have been unlocked and that users can now withdraw their funds from the platform. Youssef made the announcement via Twitter, stating that this feat was accomplished in just 1 ...
BTC Dominance Index Falls as Long-Term Investors Move to Altcoins
Bitcoin has been above the round $30,000 mark for almost a week, but has now slipped below it.. Perhaps this is due to the BTC dominance index and the behavior of long-term investors According to the results of the 1st quarter of 2023, Bitcoin (BTC) became the most effective asset, having strengt ...