by Forexregulationinquiry | May 31, 2024 | Cryptocurrency
According to a recent report from blockchain security firm Immunefi, funds lost to cryptocurrency fraud and hacks have decreased by 12% year-over-year. Released on May 30, the report states that $52 million was lost due to fraudulent activities and hacks throughout...
by Forexregulationinquiry | May 31, 2024 | Bitcoin
Bitcoin (BTC) has encountered strong resistance near the $70,000 threshold after briefly surpassing it on May 28, retreating to $68,430 as the market anticipates upcoming significant macroeconomic data releases. The cryptocurrency’s price dynamics have shown a...
by Forexregulationinquiry | May 29, 2024 | Cryptocurrency
Former FTX executive Ryan Salame has been sentenced to 90 months, or 7.5 years, in prison, as announced by the U.S. Attorney’s Office for the Southern District of New York on Tuesday. This sentence comes as a result of Salame’s involvement in an unlawful...
by Forexregulationinquiry | May 29, 2024 | Bitcoin, News
Wallets associated with the defunct Bitcoin exchange Mt. Gox transferred over 140,000 bitcoin (BTC), valued at approximately $9 billion, to an unknown address starting early Tuesday in the Asian morning hours. Mt. Gox, which was once the largest Bitcoin exchange...
by Forexregulationinquiry | May 28, 2024 | Bitcoin
Bitcoin experienced a decline as traders closely watched transfers from wallets associated with the defunct Mt. Gox exchange. The Tokyo-based platform, once the largest Bitcoin exchange in the world, has been moving forward with plans to distribute a $9 billion cache...
