Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must explain how he acquired a stash of 45 gold bars, more than $180,000 in cash, and a jewelry set with a diamond-studded Rolex watch. Quadrigacx Cofounder Must Explain 45 Gold Bar […] Source: https://news.bitcoin.com/quadrigacx-co-founder-compelled-to-account-for-45-bar-gold-stash/
Month: March 2024
Phishing Scam Targeted Decrypt Newsletter Subscribers—Here’s the Latest
Early in the morning of March 27, hackers impersonating Decrypt sent an email to our newsletter subscribers announcing a fictitious token airdrop. As soon as we got wind of the phishing attempt, we sent a follow-up email notifying our readers of the scam. However, in our haste to warn our subscribers, and because of a similar phishing attempt that occurred…
Solana Shooter ‘Nyan Heroes’ Boosts Airdrop Rewards in Epic Games Demo
Solana-based shooter Nyan Heroes is offering double the “MEOW” points in its current play-to-airdrop campaign this weekend, 9 Lives Interactive said on Friday, providing added incentive for players to check out the current pre-alpha PC demo on the Epic Games Store. Gamers looking to participate in the boosted play-to-airdrop event have from March 30 until April 1 to earn double…
Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis
In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient internal scaling and parallelization within Ethereum’s ecosystem, according to Buterin. Scaling Ethereum: Buterin […] Source: https://news.bitcoin.com/vitalik-buterin-explores-blobs-and-parallelization-in-l2-rollup-analysis/
BNB’s 12% Weekly Surge: Approaching Peak or Just Starting?
BNB experienced a notable 12% rise in value over the past week, reaching a nearly two-week high of $620 by March 29. This surge, while impressive, prompts speculation about whether BNB has hit its peak or if it’s poised for further growth. Compared to its competitor Ether, which saw a 5% increase over the same period, BNB’s surge narrowed the…
How to Short Bitcoin – Top 5 Ways to Short Sell Crypto
Short trading is a strategy that allows advanced traders to make a profit by exploiting the difference in price of a single asset and betting against its price movements. Its high-risk, high-reward nature attracts a lot of crypto traders, leaving many wondering whether it’s possible to short-trade crypto. In this article, I will talk about how to short Bitcoin and…
Dogecoin Wagers Surge to $2 Billion as Price Hits Highest Level Since 2021
On Thursday, the price of Dogecoin (DOGE) soared to its peak since December 2021, hitting 22 cents. This surge was fueled by heightened trading volumes and speculation regarding its potential integration into the social media platform X, owned by Elon Musk. Various posts from prominent members of the Dogecoin community on X speculated about the token’s potential adoption on the…
The Solana Foundation Asserts Ability to Address Offensive Meme Coins Issue
During a panel discussion at the recent BUIDL Asia summit in Seoul, the issue of racist meme coins and how to handle them was debated among panelists. These meme coins, containing offensive terms and themes, have become increasingly prevalent in the crypto space in recent months, raising concerns within the community. Austin Federa, the head of strategy at the Solana…
Google Expands Wallet Address Search Functionality to Bitcoin, Fantom, Arbitrum, and More
Google has introduced new functionality allowing users to search blockchain data on various networks, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. This expansion enables users to search for wallet addresses and view their balances directly within Google search results. When users type in wallet addresses, Google displays the remaining token balance in the wallet for each supported network, along…
Taiwan’s Cryptocurrency Sector Granted Approval for Industry Association Formation
Taiwan’s Ministry of the Interior has approved the establishment of a cryptocurrency industry association, marking a significant step toward regulating the burgeoning sector. The local cryptocurrency industry working group, which was formed last year to pave the way for the creation of the association, announced on Friday that it had received government approval for its application. The working group is…