Crypto

Source: Bitcoinist Cardano is one of the largest blockchains and among the first to use the proof-of-stake consensus algorithm. While the network has been slipping away from the top 10, it remains one of the most decentralized platforms. Pooltool data shows that Cardano has over 2,800 stake pools (or validators) when writing on October 16….

Source: Coin Tegraph “Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst. Read Full Article

Source: Bitcoinist Hong Kong authorities have dismantled a HK$360 million ($46.3 million) cryptocurrency-based romance fraud scheme in a significant crackdown on fraud operations. This scheme, which targeted individuals over a year, reportedly lured victims into investing in cryptocurrencies under the guise of online romantic relationships. Detailing The Scheme And The Seizure The operation, codenamed “Secret Word,”…

Source: Coin Tegraph The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.  Read Full Article

Source: Coin Tegraph Hong Kong police arrested 27 people it accused of running an AI deepfake crypto scam operation from a 4,000-square-foot industrial building. Read Full Article

Source: Bitcoinist Bitcoin has surged past the $67,000 mark and is testing key supply levels to determine its next target. As election day approaches, the crypto market is experiencing heightened volatility, fueling expectations of a potential Bitcoin rally.  Key data from CryptoQuant reveals that retail investors are returning to the market, marking a resurgence in…

Source: Coin Tegraph Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions. Read Full Article

Source: Coin Tegraph Ireland’s finance minister wants to act quickly before the EU enacts strict Anti-Money Laundering legislation. Read Full Article

Source: Bitcoinist Dogecoin has just witnessed a rally of around 10% after on-chain data signaled a mass exodus of holders from the DOGE network. Dogecoin Has Seen A Jump Of Almost 12% Over The Past Day This week has brought bullish winds in the cryptocurrency sector as a whole, but among the top coins, one…

Source: Coin Tegraph Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on the Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.  Read Full Article