Whale That Bought 100,000 ETH for $0.31 Each Just Sent $2.4M to Kraken
An Ethereum initial coin offering (ICO) buyer who bought 100,000 ETH at $0.31 each just moved another 1,000 ETH, worth about $2.4 million, to Kraken. The Sale Onchain sleuths picked up on the move earlier today, highlighting that an Ethereum OG who bought 100,000 ETH at $0.31 each during the ICO has now sold 1,000 […] Powered by...
Interpol Africa Sweep Nets 1,462 Arrests, Exposes Crypto Laundering
An Interpol-coordinated cybercrime crackdown focused on Africa led to 1,462 arrests and recovered more than $105 million. A Nigerian case traced over $2.4 million in suspected proceeds, much of it laundered through cryptocurrency transactions. Crypto Laundering Emerges in Africa Cybercrime Sweep Law enforcement agencies from 20 African countries and the United States arrested 1,462 suspects […] Powered by...
UAE-Led Coalition Exposes $39 Billion in Crypto Fraud, 960 Arrested
Carried out for three months, the operation resulted in the arrest of nearly 100 defendants and the raid of 29 fraud centers. 30 countries and 13 private sector partners, including Huawei, Mastercard, and Meta, were involved in the joint actions that managed to identify over $39 billion in fraud-linked assets. Operation Confrontation Ghost Results in […] Powered by...
3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Three Asian central banks are developing common approaches to moving regulated stablecoins and digital bank deposits across borders. The BLOOM initiative aims to reduce the cost and complexity of connecting financial institutions in different markets. Central Banks Seek Common Ground for Digital Money Cross-border digital money settlement is the focus of expanded cooperation among the […] Powered by...
Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards
Crypto applications can generate earnings, yet growing token supplies can reduce the benefits reaching holders. Grayscale’s new analysis examines how earnings and capital returns can support valuations beyond market narratives. Grayscale Measures Earnings Alongside Tokenholder Returns Crypto investors can assess income-generating protocols by comparing earnings and distributions with market capitalization while accounting for supply...
