Abacus Market, the largest bitcoin-enabled Western darknet marketplace, went offline earlier this month, leading blockchain intelligence firm TRM Labs to assess that the operators likely executed an exit scam, disappearing with users’ funds. This incident follows the June 16 seizure of Archetyp Market by law enforcement, highlighting a trend of instability within the Western darknet […] Source CryptoX Portal
Abacus Market, once the largest Bitcoin-enabled darknet marketplace serving Western users, has gone dark in what analysts believe is a major exit scam. TRM Labs reported on July 14 that the platform’s web infrastructure, including its clearnet mirror, became unreachable… Original
Felix Pinkston Jul 15, 2025 03:35 Polygon’s (MATIC) ecosystem saw major developments this week, including the €100M NRW.BANK blockchain bond and the Heimdall v2 upgrade. Despite Bitfinex delisting, technical upgrades and institutio… 1. Executive Summary Polygon (MATIC), one of the leading Ethereum scaling solutions, experienced a transformative week driven by significant technological and institutional milestones. The Heimdall v2 upgrade promises faster transaction finality and improved network efficiency, while NRW.BANK’s issuance of a €100M blockchain bond on Polygon highlights its growing institutional appeal.…
Abacus Market, the largest Bitcoin-powered Western darknet marketplace, has gone offline in an apparent exit scam. Its website and infrastructure, including its clearnet mirror, are inaccessible, TRM Labs said in a report on Monday. The disappearance has led TRM to believe the “operators have likely conducted an exit scam, shutting down operations and disappearing with users’ funds.” TRM Labs said the closure could be the result of attention from law enforcement, as Abacus Market clocked a monthly record after the closure of Archetyp Market, one of the longest-running dark web…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead. Why The Bull Market Delay Might Be Good News Global uncertainties have delayed the second and possibly final phase of the current bull market in cryptocurrencies. According to master kenobi’s post on X, he noted that these delays…
Key Notes Digital asset manager Grayscale confidentially filed Form S-1 with SEC without revealing share count or pricing details. Circle’s recent IPO approval resulted in 500% stock gains, while eToro went public at $5 billion valuation this May. Grayscale manages $50 billion in assets and could potentially go public before end of 2025 pending SEC approval. Grayscale Investments, a US-based digital currency asset management firm, announced on July 14 that it had confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC), signaling its…
The Japanese top corporate Bitcoin holder is doubling down on its treasury strategy with another major buy. On July 14, 2025, the Tokyo-based investment company announced the acquisition of an additional 797 Bitcoin (BTC) for approximately $93.6 million. The purchase… Original
Bitcoin has become the world’s fifth-largest asset, overtaking Amazon by market capitalization. Bitcoin (BTC) price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported. These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon’s $2.3 trillion, Silver’s $2.2 trillion and Alphabet’s (Google) $2.19 trillion, Companiesmarketcap data shows. This means Bitcoin’s market cap was only $730 million shy of tech giant Apple, at the time of writing. Largest global assets by market capitalization. Source: Companiesmarketcap …
Bitcoin set a fresh all-time high of $122,205 in early Asian trading hours on July 14 despite Donald Trump’s latest push for tariffs on EU and Mexico. The rally continues the asset’s historic year, with demand fueled by institutional flows… Original