• November 14, 2024

XRP Climbs 10% In Rally

- XRP was trading at $0.7790 by 14:31 (19:31 GMT) on the Index on Thursday, up 10.25% on the day. It was the largest one-day percentage gain since...

  • November 14, 2024

US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack

A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from Bitfinex one of the world's largest cryptocurrency exchanges, with the help of his wife. Ilya Lichtenstein, 35, hacked into Bitfinex's network in 2016, using advanced hacking tools and techniques, and stole about 120,000 bitcoin, the U.S. Justice Department said in a statement. He and his wife Heather Morgan, who used the hip-hop alias "Razzklekhan" to promote her music, were arrested in February 2022.

  • November 14, 2024

Crypto Markets Surge After Trump’s Victory

The crypto markets are buzzing post-election, with big players making huge moves and record-breaking news dropping every single day this week. BlackRock is expanding its tokenized U.S. Treasury product across multiple blockchains, and its Bitcoin ETF has rocketed to $40 billion in assets. Trump is fuelling optimism with pro-crypto policies, personal Bitcoin holdings, and promises of regulatory reform within the crypto industry. Meanwhile, inflation data is spurring price action, and Robinhood ha

  • November 14, 2024

Leader of Crypto Heist Worth Billions Gets 5-Year Sentence

(Bloomberg) -- The mastermind behind one of the biggest-ever Bitcoin heists was ordered to serve five years in prison for conspiring with his social-media rapper wife to launder money he stole by hacking into the Bitfinex exchange and grabbing cryptoassets now worth billions of dollars.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency