Three Nigerian citizens are accused of buying bitcoin worth more than $43 million through cryptocurrency trading platforms including Binance and Busha with money laundering profits. Between October and November 2020, the trio is accused of transferring approximately $215 million from Nigeria to Kenya.
Shakhtar Donetsk, one of Ukraine's most popular soccer teams, will offer a collection of non-fungible tokens (NFTs). The team plans to auction off numerous autographed jerseys to generate money for Ukrainians affected by Russia's continuing conflict.
The digital currency markets have been volatile in recent months, with bitcoin losing 15.43% and ethereum losing 17.49% versus the US dollar. Furthermore, crypto spot sales are down 18.95 percent from the previous month, while futures and options volumes were also down in April. Lower-than-average transaction volumes usually indicate a drop in general interest, and investors may be waiting for lower prices.
Brent Whitehead and Matt Lohstroh decided to start mining bitcoin in the oil fields of East Texas when they were sophomores at Texas A&M University. The year was 2019, and the concept of oil and gas firms partnering with bitcoin miners was considered both radical and controversial at the time.
At Berkshire Hathaway's annual shareholder meeting on Saturday in Omaha, Nebraska, CEO Warren Buffett and vice chairman Charlie Munger took turns slamming bitcoin.
'The one thing I’m pretty sure of is that it doesn’t produce anything.'
Hackers may utilize the text prediction tool to drain a user's cash just by being able to guess the first word from the BIP 39 list, according to Redditor Andre.
Rari Capital's Fuse platform has lost around $80 million due to a 'reentrancy vulnerability,' according to a study from blockchain firm Blocsec. Fei Protocol's official Twitter account announced on Saturday that it has lost money as a result of the Rari Fuse platform exploit.
There was a lot of talk three years ago about the data included in bitcoin transactions and the amount of block size space these OP Return transactions took up. However, in recent years, the use of OP Return transactions has decreased significantly, lowering network rates to some extent.
Argentina's government has taken the initial steps toward the establishment of its own central bank digital currency (CBDC). A new order with the number 207/2022 grants the Argentine mint unprecedented powers to investigate, produce, and issue digital currencies. Argentina is now following in the footsteps of nations such as Brazil and Mexico, who are actively participating in the creation of their e-currencies.