Feds Bust Drug Kingpin’s Attempt to Launder 30,000 ETH While In Prison

Balita ng Ethereum ng Bitcoin  Federal authorities seize $54 million in cryptocurrencies connected to drug kingpin Christopher Castelluzzo.  The seized assets include 30,000 Ethereum tokens obtained through illegal activities.  Castelluzzo attempted to launder the cryptocurrency from prison before law enforcement got him.  U.S. Attorney Philip Sellinger has announced that federal law enforcement authorities have seized $54 million worth of cryptocurrencies linked to Christopher Castelluzzo, the leader of a notorious drug ring based in New Jersey. The seizure marks a significant blow to Castelluzzo and his co-conspirators, whose illicit activities spanned from 2010 to 2015.  According to federal officials, at least 30,000 Ethereum tokens were discovered in crypto wallets owned by Castelluzzo and his associates. These wallets held the laundered proceeds from their illegal operations, which involved the distribution of mail-order cocaine and designer drugs.  Per the complaint, what initially started as an investment of $9,000 in Ethereum (ETH) from their drug proceeds had grown to $54 million. The complaint highlighted that Castelluzzo presently serves concurrent 20-year sentences in both federal and state prisons due to drug distribution convictions. However, during his incarceration, the value of Ethereum surged.  Therefore, Castelluzzo hatched a plan while in prison to evade taxes and transfer his 30,000 Ethereum holdings out of the

2023-11-05Ethereum

Yuga Labs at Magic Eden Partner para sa Magic Eden ETH Marketplace

In an exciting collaboration, Yuga Labs and Magic Eden are joining forces to introduce the Magic Eden ETH marketplace. This Ethereum marketplace will formally protect creative royalties for the first time. An important non-fungible token milestone is the formal launch before 2023.  Innovative Smart Contracts to Secure NFT Creator Royalties  Leading multi-chain NFT marketplace Magic Eden launched Ethereum. This platform was created with Yuga Labs, the Bored Ape Yacht Club designer. A key part of the deal is acknowledging and paying creator royalties on marketplace NFT transactions.  This arrangement is based on Edens “contractual obligation” to share secondary market earnings from anticipated NFT collections with Yuga Labs. This key NFT ecosystem adjustment highlights the necessity of helping artists and sustaining their long-term well-being.  Magic Eden co-founder and CEO Jack Lu says that they are highly pleased to demonstrate their commitment through tangible financial contributions. Magic Eden pledges to help NFT producers and musicians.  New Ethereum smart contracts are essential to their partnership. High-tech smart contracts will automatically disperse secondary market royalties. The marketplace will use ERC-721 Ethereum non-fungible tokens (NFTs), although technical specifics will be released before launch. NFTs having specific properties will qualify for royalties.  Historically, the NFT ecosystem has compensated innovators a modest portion

2023-11-04Ethereum

BTC, ETH, GAS, RUNE, BLUR

Ethereum (ETH) has also started on bull activity, as Ethereum price stood at $1846 after recording a daily increase of 3.3%, as the weekly rise now stands at 3.1%. ETHs trade volume dropped by 15% during the same period and is presently at $6.9B.  The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) approaches a shift above the average line, showing bull dominance on Ethereum price as it heads for the overbought region.  ETH 1-araw na chart | Pinagmulan: TradingViewGas price analysis  Gas (GAS) is among today‘s top gainers, as Gas price stood at $12.44 after recording a daily increase of 57%, as the weekly rise now stands at 201%. GAS’s trade volume jumped by 77% during the same period and is presently at $831M.  The Bollinger bands are diverging, showing high volatility levels on Gas Price as the Relative Strength Index (RSI) moves above the average line. This shows bull dominance on Gas price.  GAS 1-day chart | Source: TradingViewPagsusuri ng presyo ng THORChain  THORChain (RUNE) is among today‘s top gainers, as RUNE price stood at $3.4 after recording a daily increase of 17%, as the weekly rise now stands at 34%. RUNE’s trade volume

2023-11-04Ethereum

BTC and ETH May Break Link With Equities Market This Week

Santiment revealed that the next week will indicate whether the cryptocurrency market is still linked to the equities market.  According to the post, the S&P 500 rose more than 6% while BTC and ETH traded flat.  BTC and ETH posted 24-hour gains of 1.12% and 2.03% respectively.  Santiment revealed in an X post earlier today that the next week will indicate whether the cryptocurrency market is still tied to the equities market or whether the digital asset market will enter into a bull run. According to the post, the S&P 500 index had a big week after the cryptocurrency market leaders Bitcoin (BTC) and Ethereum (ETH) cooled down.  Since the S&P 500 index jumped more than 6% in the past 4 days while the leading cryptocurrencies traded flat, the coming week will reveal if the digital asset sector can finally rid itself of its link with the equities market. If cryptocurrencies are able to establish their independence, then they might be able to enter the next bull cycle, according to Santiment.  At press time, data from the cryptocurrency market tracking website CoinMarketCap indicated that both ETH and BTC were able to print 24-hour gains. BTC was changing hands at $34,941.48 after its price rose 1.12%.

2023-11-04Ethereum

Ang Kagawaran ng Hustisya ng US ay Kumilos upang Masamsam ang 30,000 Ethereum (ETH)!

According to The Block, the US Department of Justice filed a lawsuit to seize more than $54 million worth of crypto money obtained with the proceeds of an illegal darknet narcotics scheme operating in New Jersey.  Accordingly, the US Department of Justice filed a confiscation case to seize 30,000 Ethereum (ETH) belonging to Christopher Castelluzzo, who was convicted of drug dealing.  The US Attorneys Office stated the following in its statement:  Christopher Castelluzzo earned Bitcoin by selling drugs on the dark web between 2010 and 2015.  He then invested the proceeds in Ethereums initial coin offering held in July 2014. Castelluzzo received 30,000 ETH here.  The forfeiture action we initiated today aims to recover millions of dollars of cryptocurrency that defendant Castelluzzo obtained from drug sales.  “Whether it is as simple as cash or as complex as cryptocurrency, we will take the necessary steps to seize the financial proceeds of defendants criminal activities.”  FBI Special Agent James E. Dennehy said, “Many criminals use cryptocurrency on the dark web to operate away from the prying eyes of law enforcement. Our $54 million case should be a lesson to those who mistakenly believe that we cannot trace their illegal behavior or illicit proceeds. All criminals, ”We will hold them

2023-11-04Ethereum

Vitalik Buterin, Lubin 1000x Bigger Fraudsters than SBF: Ex-ETH Insider

Steven Nerayoff accuses Ethereum founders of massive fraud, surpassing SBFs wrongdoing by 1000x.  He implies close ties between Buterin, Lubin, and allegedly corrupt U.S. government officials.  The allegations stem from theories of bribery surrounding Ethereums ICO.  Steven Nerayoff, a lawyer who has served as an advisor for Ethereum, has candidly alleged that the founders of Ethereum are greater fraudsters than the disgraced ex-CEO of FTX Sam Bankman-Fried (SBF), who is now dealing with a fraud trial.  Nerayoff made the allegation on X in response to an update concerning the prosecution of Bankman-Fried. He particularly made mention of Vitalik Buterin and Joe Lubin in his allegation. According to him, Buterin and Lubin are a hundred times bigger fraudsters than Bankman-Fried.  In Nerayoffs words,  Ethereum is the fraudulent elephant in the room in plain sight, 1000x bigger than SBF.  Furthermore, the lawyer argued that Buterin and Lubin have close relationships with allegedly corrupt top-ranking U.S. government officials. He particularly mentioned the names of serving and past chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton and Gary Gensler, respectively.  Ethereum is the fraudulent elephant in the room in plain sight 1000x bigger than SBF. Joe Lubin & Vitalik Buterin have been the front with corrupt officials at the

2023-11-04Ethereum

Ethereum Upgrades, DeFi’s Potential Growth and Bitcoins ETF Boost – Q4 2023 Crypto Market Projections

Cryptocurrency is changing rapidly. Driven by advancements in blockchain technology, regulation and adoption, the market is looking like it will be changing again.  One of the seminal moments of Q3 2023 was the avalanche of applications for Bitcoin (BTC) spot ETFs (exchange-traded funds) by major asset management firms.  This was fueled by Grayscale Investments victory against the SEC in August 2023, which gave the firm a green light for its BTC spot ETF initiatives.  This surge in institutional interest is a sign of mainstream financial acceptance.  The technical upgrades in Ethereums ecosystem particularly the upcoming Cancun upgrade promise to redefine how decentralized applications (DApps) operate.  These exciting developments have set the stage for a transformative Q4.  BTC spot ETFs gain regulatory approval  In Q3, the world watched as traditional asset management giants threw their hats into the cryptocurrency ring.  BlackRock led the way with its application for a BTC spot ETF, followed closely by other players like Fidelity, Franklin Templeton, Valkyrie, Bitwise and VanEck.  This was not just a bandwagon effect but a strategic move to embrace an asset class that has proven its ability to stay in the game and stay profitable.  After Grayscales win over the SEC, BTC spot ETFs are set to gain regulatory approval.  A Henley and

2023-11-04Ethereum

Prediction ng IOTA - Presyo ng MIOTA na Tinantyang Aabot sa $0.180998 Pagsapit ng Nob 09, 2023

Pananalapi  Prediction ng IOTA - Presyo ng MIOTA na Tinantyang Aabot sa $0.180998 Pagsapit ng Nob 09, 2023  Balita ng Ethereum ng Bitcoin  Ang IOTA ay tumaas ng 3.77% ngayon laban sa Dolyar ng US  Ang MIOTA/BTC ay tumaas ng 3.44% ngayon  Ang IOTA ay kasalukuyang nakikipagkalakalan ng 8.61% sa ibaba ng aming hula noong Nob 09, 2023  Ang IOTA ay nakakuha ng 7.55% noong nakaraang buwan at bumaba -35.55% mula noong 1 taon ang nakalipasPresyo ng IOTA$0.165422Hula ng IOTA$0.180998DamdaminFear & Greed indexMga pangunahing antas ng suporta$0.160414, $0.155280, $0.152714Mga pangunahing antas ng paglaban$0.168114, $0.170681, $0.175814  Inaasahang tataas ang presyo ng MIOTA ng 9.80% sa susunod na 5 araw ayon sa aming hula sa presyo ng IOTA  ay nakikipagkalakalan sa $ 0.165422 pagkatapos makakuha ng 3.77% sa huling 24 na oras. Nahigitan ng coin ang merkado ng cryptocurrency, dahil ang kabuuang cap ng crypto market ay tumaas ng 2.43% sa parehong yugto ng panahon. Mahusay na gumanap ang MIOTA laban sa BTC ngayon at nagtala ng 3.44% na pakinabang laban sa pinakamalaking cryptocurrency sa mundo.  Ayon sa aming hula sa presyo ng IOTA, inaasahang aabot ang MIOTA sa presyong $0.180998 bago ang Nob 09, 2023. Ito ay kumakatawan sa 9.80% na pagtaas ng presyo para sa MIOTA sa susunod na

2023-11-04Industriya

Ethereum Dencun Progresses With Testing Timeline, Heres New Update

Ethereum  Ethereum Dencun Progresses With Testing Timeline, Heres New Update  Balita ng Ethereum ng Bitcoin  Larawan ng pabalat sa pamamagitan ng www.freepik.com  Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.  Christine Kim, vice president at Galaxy Research, shares the latest update on the Ethereum Dencun upgrade timeline. The recently launched Devnet 11 is up and running. A Goerli shadow fork is also scheduled to occur.  Ethereum developers are most likely to launch a new devnet, Devnet 12, for further code testing.  gm, a few updates from the eth dev call yesterday, acdc #121:  – devnet 11 is up and running  – goerli shadow fork today  – devnet 12 launch probably not till early december  –

2023-11-04Ethereum

Ethereum Yet To Shake Off 2022 Bear Hangover: Glassnode

Ethereum  Ethereum Yet To Shake Off 2022 Bear Hangover: Glassnode  Balita ng Ethereum ng Bitcoin  Data from Glassnode shows Ethereum is still experiencing negative momentum despite the year-to-date rise that the asset has observed.  Ethereum MVRV Ratio Has Recently Indicated Negative Momentum  According to the latest weekly report from Glassnode, the MVRV ratio has recently been below its 180-day moving average (MA). The “Market Value to Realized Value (MVRV) ratio” refers to an indicator that measures the ratio between the Ethereum market cap and realized cap.  The “realized cap” here is a capitalization model for ETH that assumes the true value of any coin in circulation is the price at which it was last moved on the blockchain. This is unlike the market cap, of course, which calculates the assets total value using the current spot price.  Since the price at which each coin was last moved on the network can be assumed to be the price it was bought, the realized cap can be looked at as a sum of the total capital that the investors have used to purchase ETH.  As the MVRV ratio compares the value that the holders are carrying right now (the market cap) against the amount that they have invested into the

2023-11-03Ethereum
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