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/ 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
/ Ethereum Name Service
Another great call here with $ENS! About +75% since then! #information
2022-05-03
/ 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
/ Florida Darkweb Vendor Forfeits $34 Million in Crypto
A darkweb vendor in Florida forfeited $34 million worth of illicitly earned cryptocurrency. According to an announcement from the U.S. Attorney’s Office for the Southern District of Florida, a judge entered a default judgment in favor of the United States against $34 million* worth of cryptocurrency seized from a darkweb vendor. The forfeiture includes 640.26804512 BTC, 640.2716098 Bitcoin Cash, 640.2715428 Bitcoin Gold, 640.2716043 Bitcoin S.V., and 919.30711258 ETH. According to prosecutors, the forfeiture is “one of the largest cryptocurrency forfeiture actions ever filed by the United States.”
More on Darknetlive• 2022-04-07
/ Cash App notifies 8.2 million US customers about data breach
Cash App is notifying 8.2 million current and former US customers of a data breach after a former employee accessed their account information. Block, Inc., the owner of Cash App, disclosed in a Form 8-K SEC filing that the breach occurred on December 10th, 2021, after a former employee downloaded internal Cash App reports while no longer employed at the company. Block says that the reports included Cash App customers' full names and brokerage account numbers associated with investment activity on Cash App. For some customers, additional information was exposed in the reports, including portfolio values, holdings, and possibly trading activity for one trading day.
More on Bleeping Computer• 2022-04-06
#Bitcoin
The next halving will happen at block: 840,000
This means that 83,306 blocks are left and it will approximately happen in..
447 days or
10,716 hours or
642,989 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