Prosecutors in the case against Tornado Cash developer, Roman Storm, have told the judge they’re considering bringing charges against employees of Dragonfly Capital, an early investor in the privacy preserving application. Dragonfly general partner, Tom Schmidt and managing partner, Haseeb Qureshi are reportedly both in the firing line after leadingContinue Reading
Divine Research is offering unsecured loans, having issued over 30,000 short-term USDC loans since December, primarily to underserved global borrowers. Divine Research is using Worldcoin’s iris-scanning for fraud prevention and charges 20-30% interest. Despite a 40% default rate on initial loans, the platform aims to offset losses through interest andContinue Reading
A long-inactive Bitcoin address sold over 80,000 BTC, worth over $9 billion, via Galaxy Digital, marking one of the largest crypto trades on record. Galaxy confirmed the sale was for a client’s “estate planning” and, despite the massive volume, Bitcoin’s price largely stabilised around US$117K, indicating the sale avoided significantContinue Reading
Ripple co-founder Chris Larsen moved about 50 million XRP to exchanges, leading to accusations of “insider dumping” and fears among investors of becoming “exit liquidity”. Despite the recent transfer, Larsen still holds over 2.5 billion XRP, valued at roughly US$8.83B, a concern of potential future sell-offs that could heavily impactContinue Reading
Bitcoin miners are sending a clear message: they’re more bullish than ever. As we observe new all-time highs in the Bitcoin network’s hash rate, the commitment of miners underscores their confidence in the asset’s long-term potential. Follow Bitcoin Magazine Pro on X.com for daily Bitcoin charts. The Hash Ribbons IndicatorContinue Reading
The Dystopian Present – Fiat Has Made Us All Digit Addicts Everyone wants to make you an addict. Some people sell illicit drugs on the black market and want you to become addicted to them so they can profit from you. The dealers naturally focus on drugs that are physicallyContinue Reading
Follow Mark on X. It’s 2024. Donald Trump has just clinched the election again, Bitcoin’s hit a new all-time high, inflation’s running hotter than the DeLorean’s flux capacitor, and everyone’s wondering, “What’s next?” As we all wrestle with the wild pace of history, there’s a flash in the sky, aContinue Reading
