The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that […] Source
The regulator pleaded with the court to halt Kalshi’s political prediction markets for the duration of the CFTC’s appeal. Source
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions to the IRS. The bitcoin investor now faces up to three years […] Original
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Onchain analytics do not lie when they show us a very unhealthy state of DAO treasuries. It was reported that the collective value of DAO treasuries increased by more than $20 billion between November 2023 and March 2024. Optimism’s DAO treasury led the charts, managing around $7.9 billion in assets, followed closely by Arbitrum DAO with $6.9 billion. It’s not a coincidence that this significant uptick of…
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing, Kiyosaki opined: […] Original
The Nervos Network token was one of the best-performing cryptocurrencies on Friday, Sept. 13, as it surged to a high of $0.018, its highest level since June 7. Nervos Network (CKB), a layer-2 network, jumped as investors anticipated more purchases by South Korean traders after it was listed by Upbit. These traders can now buy the token using U.S. dollars, South Korean won, or Tether (USDT). Data from CoinMarketCap shows that South Korean traders were among the most active, driving the price up. The CKB/KRW trading pair saw a 24-hour…
Este artículo también está disponible en español. The overall bearish sentiment for Cardano (ADA) continues to rise as analysts now foresee a massive 33% price crash for the altcoin. This pessimistic projection comes as ADA struggles to gain traction in the market, with its value remaining stagnant or steadily dropping to lower levels. Cardano (ADA) Crash Incoming Compared to other prominent altcoins in the crypto market, Cardano has performed poorly, struggling with price declines and sluggish growth. Consequently, a crypto analyst, identified as ‘Financialfreedomgoals’ on TradingView, predicted that cryptocurrency is likely to…