Author: Crypto News

Last updated: May 1, 2024 15:48 EDT | 1 min read The United States Department of Justice announced on April 30 $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’ Rojer Ver is an early Bitcoin investor proponent and the creator of Bitcoin Cash. He has also invested in many crypto start-ups, such as Bitcoin.com, Blockchain.com, Ripple, BitPay, and Kraken.The Justice Department’s notice said authorities in Spain had arrested Ver based on criminal charges in the United States, including mail fraud, tax evasion, and filing false tax returns. The US government claimed Ver defrauded…

Last updated: May 1, 2024 15:48 EDT | 1 min read The United States Department of Justice announced on April 30 $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’ Rojer Ver is an early Bitcoin investor proponent and the creator of Bitcoin Cash. He has also invested in many crypto start-ups, such as Bitcoin.com, Blockchain.com, Ripple, BitPay, and Kraken.The Justice Department’s notice said authorities in Spain had arrested Ver based on criminal charges in the United States, including mail fraud, tax evasion, and filing false tax returns. The US government claimed Ver defrauded…

Last updated: May 1, 2024 15:36 EDT | 2 min read As Dogecoin (DOGE) probes for a breakout to the downside of key medium-term support, DOGE token holders are venturing into a new VR ICO called 5thScape (5SCAPE) as they hunt for 1,763% returns.Dogecoin hit its lowest level in two months on Wednesday, just south of $0.12. But support in this area is holding up the price for now.Crypto has been selling off recently as Bitcoin ETFs saw outflows and a weak ETF debut in Hong Kong further deflated the market. #Bitcoin ETF Update (April 30) – Total net outflows…

Last updated: May 1, 2024 12:42 EDT | 2 min read Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite attempts by Representatives Maxine Waters and Patrick McHenry, a Democratic aide on Capitol Hill revealed Tuesday.Stablecoin Legislation Merger With FAA Reauthorization UnlikelySpeaking with CoinDesk, the anonymous staffer claimed that leaders in both the Senate and the House of Representatives are not keen on adding legislation dealing with stablecoins onto the staple FAA bill. U.S. lawmakers typically pass less popular legislation to larger bills almost guaranteed to pass in hopes of drumming up…

Wednesday, May 01, 2024 – Crypto’s latest cybernetic sausage dog sensation, AI meme coin WienerAI ($WAI), has added the most advanced beginner-friendly trading bot in crypto to its ecosystem in an ICO that has already attracted over $700,000 in three weeks.The team is touting its new AI companion as a “Revolutionary AI Trading partner” with user-friendly AI-enhanced trading, seamless swap functionality and zero fees. With unparalleled capabilities, WienerAI is the ultimate asset for every crypto trader.It couldn’t be easier to get an edge, thanks to WienerAI. Just ask the bot a question relating to whatever your crypto investment needs are,…

Last updated: May 1, 2024 11:37 EDT | 2 min read Sam Bankman Fried-themed Solana meme coin, SBF token, has exploded in an FTX inspired rally, and now SBF price is giving way to this other viral crypto coin.This article will provide an analysis of SBF’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more promising investment opportunity at this time. It’s the best time to buy $sbfAin’t going lower than this pic.twitter.com/YUCXr5MEE5 — friendlyme (@zillawears) May 1, 2024The rise of SBF token appears to have been fuelled by virality surrounding AI-generated…

Last updated: May 1, 2024 11:05 EDT | 2 min read Decentralized finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days.On April 30, Pike Finance suffered a $1.68 million exploit across the Ethereum, Arbitrum, and Optimism chains. This came to light following a report from on-chain analytics firm CertiK.According to CertiK, the attacker exploited a vulnerability in Pike Finance’s smart contract to change the output address. This allowed them to drain the contract of over $1.4 million in Ethereum, $150,000 in Optimism tokens, and $100,000 in Arbitrum tokens.This is the…

In the volatile world of cryptocurrency trading, the words of top traders can often be both prophetic and lucrative. One such trader, renowned for his timely warnings and bold predictions, made headlines with a tweet advising everyone to dump Shiba Inu just before it experienced a significant slump of 60% in the last bull run. Now, this same trader is back with another eye-opening recommendation: Hump (HUMP), a Shiba Inu alternative trading under $0.02, is positioned for explosive growth in 2024.The Shiba Inu ExodusShiba Inu’s meteoric rise, often likened to the ascent of Dogecoin, captivated investors with its meme-driven allure…

Last updated: May 1, 2024 08:33 EDT | 2 min read Popular decentralized finance (DeFi) protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols. The researcher, known as Marco Croc from Kupia Security, identified a reentrancy vulnerability in Curve Finance and elaborated on the bug’s potential for manipulating balances and withdrawing funds from liquidity pools.Acknowledging the severity of the vulnerability, Curve Finance conducted a thorough investigation and subsequently granted Marco Croc the maximum bug bounty award. Curve Finance Incentivizes White Hat HackingEven though the threat was categorized as “not…

In the realm of cryptocurrencies, the rise of meme tokens has been nothing short of spectacular. Among these, Bonk (BONK) and Dogwifhat (WIF) have garnered significant attention, boasting remarkable growth since their inception. However, a new contender has emerged on the scene, challenging the status quo and capturing the imagination of investors worldwide. Enter Hump (HUMP), a token that promises more than just a cute face; it embodies innovation, community empowerment, and the potential for astronomical growth.Hump (HUMP): Beyond the Meme statusHump sets itself apart from traditional meme tokens by positioning itself as a beacon of progress in the decentralized…