According to the order, the assets allegedly are the proceeds of criminal activities linked to Michael Patryn, a co-founder of Quadriga Coin Exchange, and Gerald Cotten.
Cryptocurrencies News
The cryptocurrency paradigm was heralded by the launch of Bitcoin (BTC) in 2008, inspiring a new technological and social movement. The goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security.
A cryptocurrency monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties such as central banks, corporations or governments. Cryptocurrencies are powered by cryptographically secure, verifiable transaction databases called blockchains, which provide their security and transparency.
A cryptocurrency network consists of a global community of stakeholders, including the validators that secure the network while adding transactions to the blockchain, the traders who speculate on these radically market-driven assets, and the builders working to onboard people to this new financial paradigm.
At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?
Stay tuned: Cryptocurrencies are going to play a big role heading into the future.
- 3728
The current Bitcoin dominance chart resembles that of the “2018-2019 bear market,” crypto trader “Beanie” wrote on X.
13261A new method for inscribing data on Ethereum blobs is wreaking havoc on fees for the data-saving feature.
8724“We are extremely excited to move forward as an Alliance and bring our combined knowledge and expertise to bear,” the projects said in a statement.
15909Combining technology, on-chain data and monetary theory can stabilize digital currencies and democratize access to advanced trading strategies.
76907Grayscale says multiple metrics make it clear that Bitcoin is in the “middle of the bull run.”
4691Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
6928The max pain Bitcoin price is at around $50,000 as over 134,000 BTC are set to expire on Deribit on March 29.
6872The funds will be used to support ecosystem initiatives and reward long-term contributors.
6740An unidentified individual or entity who received 2,000 Bitcoin in mining rewards in 2010 has consolidated them into a single wallet.
7487Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be heavily discounted or reduced to zero.
10756Discover the working pros, cons and step-by-step setup to gain control of your crypto assets via self-custodial wallets.
1120The feature incorporates a “Multichain Gas Relayer,” eliminating the necessity for the native gas token of another chain for transactions.
17597Despite legal action against KuCoin’s founders and a drastic uptick in withdrawals from the exchange, CryptoQuant CEO Ki Young Ju claims there’s no reason to be overly concerned.
6248Fidelity’s Bitcoin ETF posted its largest day of gains over the last two weeks, leading the pack with $279 million in daily inflows.
5995