Following a rigorous investigation, Blockchain analytics firm Chainalysis disclosed that more than $4.6 billion was spent by crypto investors in 2022 buying pump-and-dump schemes tokens as per a report.
Author: qaasim
qaasim
Salaam Rasak entered the crypto space while completing his Masters degree and has continued to dig deep into Web3 space since then, writing articles related to Web3 and blockchain. He started working with Blockchain Journal in September 2022.
Blockchain firm Chainalysis has unravelled crypto crime report for 2022, indicating that the indiscriminate collapse of crypto prices drastically aided crypto scam revenue to drop in 2022.
The Galaxy Digital Holdings CEO Mike Novogratz has predicted that the largest digital asset by market cap, Bitcoin (BTC), could hit $30,000 before the end of the first quarter of 2023 as per a report.
Based on the outcome of the court sitting on Feb. 15, a federal judge has approved the disclosure of the identities of the embattled FTX founder Sam Bankman-Fried’s guarantors as per a report.
Following an intelligence tip-off from the blockchain company Elliptic, crypto exchanges Binance and Huobi have frozen another round of cryptocurrency worth $1.4 million from the North Korean hackers as per a new report.
Sequel to a rumour making the round that the United States Securities and Exchange Commission (SEC) is set to ban USDC, the issuer company Circle has rebuffed the claim, stressing that it is wrong and unreliable.
Following the launch of Bitcoin Non-Fungible Token (NFTs) known as Ordinals, it has pushed Bitcoin, the largest digital asset by market cap to an all-time high of 44 million non-zero addresses according to crypto analytics platform Glassnode.
Binance stablecoin (BUSD) issuer company Paxos has finally broken the silence on the U.S. Securities and Exchange Commission’s (SEC) ban on its stablecoin, arguing that the decision was misplaced and would be litigated as per a report.
Binance CEO Changpeng Zhao (CZ) has reacted to the ban on BUSD issuer Paxos by the New York Department of Financial Services (NYDFS), saying that the Binance exchange will continue to support BUSD.
Following legal battles against Binance stablecoin BUSD, the New York Department of Financial Services (NYDFS) has ordered blockchain company Paxos to stop issuing BUSD as per a report.