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/ Bitcoin
$BTC im not rushing into this yet but 2023 could be a nice long year to accumulate.. 4 digits here we go! #Bitcoin #information
2022-11-11
/ Bitcoin
$BTC successfully found its bottom at the 2017 ATH and 2020 breakout at around $20k.. lets see how high we rally here in LTF before further down moves inc. Alerts @ ~$26.5k and ~$29k. #pretrade
2022-08-10
/ Ethereum
$ETH testing the htf s/r after breaking out of the ltf downtrend.. would love to see it back above $2950 for bullish ltf trend flip! #information
2022-05-05
/ FTX claims it was hacked as more than $600 million is withdrawn
Over $600 million was mysteriously withdrawn from FTX and FTX US late on November 11, despite the company freezing withdrawals. An FTX account administrator wrote on the FTX support Telegram, "FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans". The message was pinned by FTX General Counsel Ryne Miller. Miller later wrote on Twitter, "Investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges - unclear facts as other movements not clear. Will share more info as soon as we have it."
More on web3isgreat• 2022-11-12
/ FTX files for bankruptcy, Sam Bankman-Fried resigns
Aaaand there it goes. FTX announced that it had filed for Chapter 11 bankruptcy in the United States. Sam Bankman-Fried resigned as CEO. SBF had spoken about trying to raise additional funds. In leaked Slack messages, he had allegedly written that "One could maybe say, if they wanted to be optimistic, that we have a lot theoretically in and/or potentially for the raise". No one was actually saying this.
More on web3isgreat• 2022-11-11
/ US Treasury Sanctioned Tornado Cash
The U.S. Treasury sanctioned Ethereum’s “best-known coin mixing service,” Tornado Cash (https://tornado.cash). On August 8, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Tornado Cash Ethereum mixing service. According to the Treasury’s announcement, purported criminals have laundered more than $7 billion worth of cryptocurrency through the service since 2019. The Lazarus Group allegedly laundered $455 million worth of cryptocurrency through Tornado Cash. The Treasury has used money laundering by the Lazarus Group as partial justification for sanctioning other cryptocurrency exchanges, including Blender.io.
More on Darknetlive• 2022-08-10
/ Two Charged for Operating a Cryptocurrency Exchange Business
A federal grand jury returned a 33-count superseding indictment charging two cryptocurrency exchange operators with money laundering and other financial crimes. In March 2021, a grand jury returned a 20-count indictment charging Ian Freeman, Colleen Fordham, Renee Spinella, Andrew Spinella, “Nobody” (formerly Richard Paul), and Aria DiMezzo with an assortment of financial crimes related to the operation of a “virtual currency exchange business in violation of federal anti-money laundering laws and regulations, including those requiring money transmitting businesses to meet registration and reporting requirements.”
More on Darknetlive• 2022-04-28
/ Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183M Debt
Silk Road creator Ross Ulbricht will see his $183 million debt wiped out following the seizure of $3 billion in bitcoin connected to an unnamed Silk Road hacker, according to a court filing. In 2015, Ulbricht was sentenced to life in prison without parole. He was also ordered to pay $183 million in restitution, a figure calculated from the total illegal sales on Silk Road using an exchange rate at the time of each transaction. Court documents in 2020 reveal that the Justice Department seized 69,370 bitcoins from a hacker who moved the trove to a private wallet in April 2013.
More on CoinDesk• 2022-04-22
/ Flaw in Rarible NFT market allowed tricky crypto asset transfers
A security flaw in the Rarible NFT (non-fungible token) marketplace allowed threat actors to use a relatively simple trick to steal digital assets and transfer them directly into their wallets. Rarible is a community-centric NFT marketplace that offers up to 50% in royalties, having 2.1 million registered users, hundreds of millions U.S. dollars in annual trading volumes, and support for three blockchains. The dangerous flaw in the marketplace was discovered by analysts at Check Point, who worked with Rarible to implement a fix. However, users who have already fallen victim need to check for and revoke the token approvals they granted via past fraudulent transaction requests.
More on Bleeping Computer• 2022-04-14
#Bitcoin
The next halving will happen at block: 840,000
This means that 74,777 blocks are left and it will approximately happen in..
525 days or
12,603 hours or
756,205 minutes!
What is it all about?
Halving is an anti-inflation mechanism implemented, in the Bitcoin network. As the name suggests a reduction in the supply of new coins is cut by half (50%).
This causes BTC inflation to fall cyclically.
It takes place whenever 210,000 blocks have been mined which is roughly around once every 4 years.
Current mining rewards are 6.25 bitcoins.
Bitcoin: A Peer-to-Peer Electronic Cash System