Man faces arrest over alleged crypto mine hidden under a school
A former facilities worker in the U.S. state of Massachusetts is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space.
MATIC Price Prediction: Polygon Could Bounce Back From This Support
MATIC price rallied towards $1.50 before correcting lower. Polygon bulls must protect the $1.30 zone to start a fresh increase in the near term. MATIC price started a fresh rally above the $1.30 resistance against the US dollar. The price is…
Ethereum Price Reaches Key Juncture, Can Bulls Save The Day?
Ethereum price is struggling to clear the $1,670 resistance zone against the US Dollar. ETH must surpass $1,660 and $1,670 to continue higher in the near term. Ethereum is attempting an upside break above the $1,660 resistance. The price is trading…
US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says
Crypto exchange BTC-e’s alleged operator Alexander Vinnik may be a candidate for prisoner swap between the United States and Russia. That’s according to a statement by one of his lawyers for Russian media. The latest court hearing in Vinnik’s caseâ€
Bitcoin Price Recovery Could Soon Fade If BTC Fails To Surpass $24,500
Bitcoin price is struggling to clear the $24,500 resistance zone. BTC must clear the $24,500 resistance and the 100 hourly SMA to start a decent increase. Bitcoin is still struggling to clear the $24,500 resistance zone. The price is trading below…
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2…
Block’s Q4 Bitcoin revenue down 7% on crypto price decline
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.
Is Bitcoin Price Building Another Parabolic Rally?
Bitcoin price is pushing hard to maintain above $24,000, after a sustained rally to pre-FTX fallout levels. Along the way, each bounce in price action has begun to take on a parabolic shape, which could keep the top cryptocurrencies climbing much…
US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy
U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The…
Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory…
Sam Bankman-Fried Charged With New Crimes As Prosecutors Detail Illegal Political Deals
Bankman-Fried’s charges have been expanded in the latest indictment brought forth by federal prosecutors.Federal prosecutors have announced a new indictment of Sam Bankman-Fried with four additional criminal charges.The document alleging these new…
Bitcoin At A Crossroad Around $24,000, Which Side Will Crack First?
Bitcoin has formed a range at its current trading level, avoiding a drop to the $22,000 area by bouncing off its support at $23,500. Bitcoin is at a crossroads as the bulls and bears are battling to decide which side will come ahead. As of this…
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme
Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly…
Filecoin Tanks, Traders Should Short At These Levels
The Filecoin price has performed remarkably over the last week. Over the last 24 hours, however, the Filecoin price was caught In the previous as it fell by 1%. The coin logged more than 40% appreciation in that time frame. The technical outlook of…
IMF exec board endorses crypto policy framework, including no crypto as legal tender
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador.
Polkadot Can Resume Bullish Momentum Only If It Flips This Level Into Support
Polkadot price has successfully recovered on the weekly chart after the altcoin moved above the $7 price mark. In a week, Polkadot grew by almost 8%. Over the last 24 hours, the DOT price went north by 2%. Since Bitcoin consolidated underneath the…
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines…
Bitcoin Bearish Signal: Exchange Whale Ratio Surges
On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant…
Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry
$1.9 billion in BTC options are set to expire on Feb. 24, and bulls are well positioned to profit despite the Federal Reserve's intention to cool off the U.S. economy.
FTX’s SBF Hit With Fresh Batch Of Bank Fraud Charges
Former FTX CEO Sam Bankman-Fried (SBF) is facing a new slate of bank fraud charges this week, including the likes of conspiracy to operate an unlicensed money-transmitting business and conspiracy to commit bank fraud. A newly-released indictment…
Optimism (OP) Surges 17% As Coinbase Launches L2 On OP Stack
Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours. …
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole…
FTX Japan reports $50M in withdrawals since Feb. 21
According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets.
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