The Justice Department has announced that two individuals have been arrested for conspiracy to launder cryptocurrency stolen during the 2016 Bitfinex hack. So far, law enforcement has seized over $3.6 billion worth of cryptocurrency linked to the hack. This is a developing story, check back for updates. Source: https://decrypt.co/92396/doj-seizes-3-6-billion-bitcoin-from-2016-bitfinex-hack-arrests-couple
We’re excited to announce that Kraken now supports Altair (AIR)! Funding and Trading You can add AIR to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin shortly. Here’s what you need to know: Ticker AIR Tradeable against USD, EUR Price precision 4 decimal places Deposit confirmations required 25 (~5 minutes) Not available…
By Indra Rustandi, Nabil Benbada, Yao Ma Arbitrage defined In traditional finance, an arbitrage is an opportunity to make a positive gain with virtually no risk involved by taking advantage of pricing discrepancies that are present in the markets. These pricing discrepancies are an indication that some inefficiencies are present in the markets. Arbitrageurs will exploit these opportunities to make…
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down the Freedom Convoy’s fundraiser, crypto advocates have raised 12.41 bitcoin worth $542K in order to help…
Late Monday, popular nonfungible tokens, or NFTs, platform OpenSea once again delisted the CryptoPunks v1 collection, which spiraled into existence along with the iconic CryptoPunks v2 collection due to a smart contract bug. This was allegedly due to a Digital Millennium Copyright Act takedown notice issued by CryptoPunks v2 developers Larva Labs to OpenSea. As the company is also the creator of the…
The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy. On Jan. 27, DeFi analyst zachxbt revealed that one of the anonymous co-founders of Wonderland happened to be QuadrigaCX co-founder Michael Patryn, who has been operating under the name of Sifu. QuadrigaCX is a defunct crypto…
In brief Video game publisher Ubisoft will bring its Rabbids franchise to the upcoming Ethereum-based metaverse game, The Sandbox. Ubisoft will have virtual land in the game world that will feature interactive experiences. Major video game publisher Ubisoft is continuing to explore new frontiers in Web3, today announcing a partnership with The Sandbox that will see the company bring its…
It’s been almost two weeks since the first trucks arrived in Canada’s capital of Ottawa, setting off what has turned into a global celebration, a freedom rally, nonviolent resistance or a “nationwide insurrection,” depending on your point of view. The City of Ottawa has declared a state of emergency, is bringing in police officers from other cities to assist and…
In the cryptocurrency world at large, Rust is fast becoming the preferred programming language for safe, long-lasting software. That’s why we’re thrilled to announce Kraken has officially funded developer Tobin Harding (tobin-crypto) as a full-time maintainer for the Bitcoin Rust repository. Tobin will now be fully dedicated to coordinating Bitcoin Rust code review, encouraging and sponsoring new contributors, facilitating vital…
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look to have closed some of their positions. BTC/USD rose to an intraday high of $45,293.87 during Monday’s session, however…
