FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18

Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a … Read more

Arbitrum Surpasses 1 Billion Transactions, Solidifies Position As Leading Layer 2 Solution

Arbitrum, the Ethereum Layer 2 optimistic rollup, has reached a significant milestone, surpassing 1 billion transactions since its launch in 2021. This impressive achievement highlights its growing popularity and efficiency within the blockchain ecosystem. While Base currently leads in daily transactions, Arbitrum maintains its dominance in total value locked (TVL), boasting an impressive $2.5 billion. … Read more

APT’s Upcoming Token Unlock: Will It Impact The Price?

In just four days, Aptos, a leading Layer-1 blockchain, is set to unlock 11.31 million APT tokens valued at approximately $60 million. This unlock, scheduled for August 12th, represents 2.4% of APT’s circulating supply. Given the recent dip in APT’s price from $7, investors are keen to understand how this event might influence the market. … Read more