A Maryland resident spiked his father’s tea with drugs in order to access his cryptocurrency account, which held $400,000 worth of Bitcoin. Per The Washington Post, Liam Ghershony of Bethesda, Maryland slipped benzodiazepine, a type of depressant, into his father’s tea with the explicit intent to knock him unconscious. After his father passed out, Ghershony used his father’s phone to…
South Park returned for its 25th season premiere Wednesday and wasted no time skewering Matt Damon’s recent commercial for Crypto.com. In the episode “Pajama Day,” the elementary school class loses its right to wear pajamas to school, which quickly escalates into a standoff between pajama-wearing residents of South Park and their non-pajama-wearing neighbors. As the class tries to find a…
Ethereum and Solana have both enjoyed healthy gains over the last day. Ethereum, the second-largest crypto network after Bitcoin, is currently up over 8%. Solana, another smart contract-enabled network, is up a whopping 11%. These double-digit recoveries come shortly after one of this year’s largest exploits. Wormhole, a crypto bridge protocol that lets different networks interact with each other, was…
Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday. Stocktwits has partnered with FTX.US to carry out its crypto trading services and is set to launch US equity trading next quarter. The firm further looks to expand its trading services portfolio…
Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware is now more often offered than…
A father and son’s disagreement over crypto trading led to a near-death experience and some jail time. Because of a shift in crypto market prices, a son reportedly drugged his father to gain access to his Bitcoins. The dad, who didn’t want to be identified, made his son, Liam Ghershony, a partner in his crypto investing account worth $100,000 back…
Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued as early as February and will be available to retail investors through cryptocurrency exchanges. The stablecoin will be linked to gold prices at yen-denominated prices by Mitsui from…
Bitcoin (BTC) recovered much of its recent losses on Feb. 4 but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 remains focal pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to $38,000 Friday, up over 2% in 24 hours. The pair saw a strong comeback overnight after suffering…
The biggest story to hit DeFi this week (and maybe in the past two years) was the revelation that the co-founder of DeFi project Wonderland, 0xSifu, is an alleged serial fraudster with ties to the infamous Canadian crypto exchange QuadrigaCX. Wonderland is an Olympus fork built on Avalanche, with a similar bonding mechanism and exorbitant APYs for staking. But if…
The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central Bank of Ecuador, this will bring more clarity to the cryptocurrency scene in the country, and will contribute to preventing crimes such as money laundering. Central Bank of Ecuador Has Eyes Set on Crypto…
