On Thursday, bitcoin (BTC) hit $ 98,367 per coin before sliding to $ 96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $ 48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight …
Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com
Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $ 100 into his Crypto.com account in May 2021. Due to a discrepancy between account names, the transaction was rejected, but an error by a Bulgarian employee led …
Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $ 460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their receivers efficiently. Venezuelan Migrants …
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began sending tips to his crypto wallet. Influencer: Incident Highlights Hope for Crypto […]
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over $ 22 million were transferred to an unknown external address. Lawyers …