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Bitcoin Fog Operator Sentenced to 12.5 Years for Money Laundering

Bitcoin Fog Operator Sentenced to 12.5 Years for Money Laundering

A US court has sentenced Roman Sterlingov, the operator of the cryptocurrency mixer Bitcoin Fog, to 12.5 years in prison for laundering over $400 million in digital assets from 2011 to 2021. In March, a jury found him guilty of conspiracy to commit money laundering, money laundering, and two counts related to operating an unlicensed […]

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VanEck CEO Predicts Bitcoin to Reach $300,000

VanEck CEO Predicts Bitcoin to Reach $300,000

The price of the leading cryptocurrency will reach $300,000, according to VanEck CEO Jan Van Eck in an interview with CNBC. “Bitcoin will reach a new all-time high today [November 8], and I think it will continue to rise. Ultimately, I believe Bitcoin’s market cap will reach half that of gold, which means about $300,000 […]

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Bitcoin Surges to Record High of $81,000

Bitcoin Surges to Record High of $81,000

On Sunday, November 10, the price of the leading cryptocurrency reached a new all-time high of $79,788. November 10, 2024 | 14:59Update: Bitcoin briefly touched $80,000. Minute chart of BTC/USDT on Binance. Data: TradingView. November 10, 2024 | 22:46Update: The leading cryptocurrency briefly surpassed $81,000. Hourly chart of BTC/USDT on Binance. Data: TradingView. Hourly chart […]

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SEC Postpones Decision on Spot Ethereum ETF Options Again

SEC Postpones Decision on Spot Ethereum ETF Options Again

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the New York Stock Exchange’s (NYSE) proposal to list options based on spot Ethereum ETFs. The document mentions Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust holding ether.” The agency had planned to decide on […]

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Tom Lee Anticipates Bitcoin Surpassing $100,000 by Year-End

Tom Lee Anticipates Bitcoin Surpassing $100,000 by Year-End

By the end of 2024, the price of the leading cryptocurrency is expected to soar to “six-digit figures.” This view was expressed by Tom Lee, co-founder of the analytical firm Fundstrat, in an interview with CNBC. “It will be difficult to correct the [budget] deficit solely through changes in taxes and spending. But this is […]

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Trump's Victory, Bitcoin Surges Past $76,000, and the Decline of Hamster Kombat

Trump’s Victory, Bitcoin Surges Past $76,000, and the Decline of Hamster Kombat

“Should Have Bought” is a news podcast by the ForkLog editorial team covering the week’s main industry events and the hottest tokens. Topics: Trump’s victory, Bitcoin hits a new ATH above $76,000, Polymarket faces scrutiny from French authorities, and Pavel Durov introduces new features for Telegram mini-apps. Special guest: crypto investor and founder of the […]

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Robert Kiyosaki Reveals His Bitcoin Holdings

Robert Kiyosaki Reveals His Bitcoin Holdings

Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad” and an entrepreneur, disclosed that he owns “73 whole bitcoins” (~$5.6 million at the time of writing). WORDS & THOUGHTS of a poor person. 1: Bitcoin costs $76,000. “That’s too expensive. II will wait till the price goes down.” 2: Gold is $2684 an […]

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Bitcoin Reaches New High of $77,000; Ethereum Surpasses $3,000

Bitcoin Reaches New High of $77,000; Ethereum Surpasses $3,000

In the early hours of Saturday, November 9, the price of the leading cryptocurrency reached a new all-time high of $77,199. Hourly BTC/USDT chart from Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $76,400. Meanwhile, Ethereum’s price has exceeded $3,000 for the first time since early August. Hourly ETH/USDT chart from […]

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Cybersecurity Highlights: Backdoored Quotes, Malicious Ethereum Contracts, and More

Cybersecurity Highlights: Backdoored Quotes, Malicious Ethereum Contracts, and More

We have compiled the most significant cybersecurity news of the week. Malware has merged with Ethereum smart contracts. North Korean hackers targeted bitcoin exchanges through fake news. Ukrainian universities have abandoned Telegram. Malware Merges with Ethereum Smart Contracts Researchers at Checkmarx have discovered a supply chain attack in the npm ecosystem using the Ethereum blockchain. […]

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Tether Facilitates $45 Million Oil Deal

Tether Facilitates $45 Million Oil Deal

Tether’s investment arm has financed a crude oil supply deal worth $45 million in USDT, according to a press release. The transaction, involving a total of 670,000 barrels, was conducted back in October by an unnamed “major” Middle Eastern oil firm and a commodity trader. The intermediary was Tether Trade Finance, a division of Tether […]

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Detroit Embraces Cryptocurrency for Public Service Payments

Detroit Embraces Cryptocurrency for Public Service Payments

Detroit is set to become the largest city in the United States to accept cryptocurrency payments for taxes and other municipal fees. This was announced by Mayor Mike Duggan. Residents will be able to pay with digital assets through a platform managed by PayPal. The initiative is part of the city’s broader strategy to explore […]

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US Elections Trigger Surge in High-Risk Crypto Lending

US Elections Trigger Surge in High-Risk Crypto Lending

The volume of outstanding high-risk loans in DeFi has surpassed $5 million, recovering after the threat of a complete liquidation of Curve founder Mikhail Egorov’s position, which exceeded $100 million. High-risk DeFi loans are surging as market sentiment drives demand for leverage. However, with the U.S. elections just concluded, heightened volatility remains a concern. Large […]

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