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A 33-year-old Serbian man has pleaded guilty to creating a dark web marketplace that raked in $18 million by selling over 30kg of meth and a host of other drugs in exchange for various cryptocurrencies, according to the Department of Justice (DoJ).  In 2019, Milomir Desnica launched Monopoly Market which, according to court records, presented itself as a typical online shop where users browse purchasable drugs under the categories of cannabis, ecstasy, opioids, prescriptions, and stimulants. Customers were required to buy the drugs with Crypto , such as Bitcoin or Monero, from individual vendors who made a commission on every sale. Desnica’s role included approving wannabe vendors. Police used crypto to buy drugs and expose the market In 2021, Monopoly Market began to collapse after US authorities placed several orders with the site and received over 100g of meth . Authorities in Germany and Finland subsequently helped seize the server hosting the site. Once confiscated, the co...

Shiba Inu (SHIB) has become one of the most prominent meme-inspired cryptocurrencies since its launch in August 2020. The developers behind the decentralized token have worked to build an ecosystem of projects for the SHIB community. However, the recent launch of the layer-2 solution Shibarium failed to significantly boost prices amid the ongoing crypto bear market. With Black Friday 2023 approaching, here is how Shiba Inu performed on Black Friday 2022. What is Shiba Inu? A Brief History Shiba Inu is a decentralized cryptocurrency that spawned from a meme-inspired online community. The token’s mascot is a Shiba Inu dog, which led to the name. In mid-2020, an anonymous individual or group known as Ryoshi started working on Shiba Inu as an experimental decentralized community project. Ryoshi intended to take the meme coin concept behind Dogecoin and build an ecosystem around it. Also read: Ben Armstrong Sues Ex-Colleagues Over Alleged Stolen Lamborghini After launching...

ARK Invest, the investment management firm spearheaded by prominent Bitcoin advocate Cathie Wood, has teamed up with 21Shares, an exchange-traded product (ETP) provider, to introduce users to a suit that will give users exposure to Bitcoin and Ethereum futures contracts. According to the Nov. 8 post on X, the initiative will offer investors a diverse range of options for incorporating digital asset s into their trading portfolios, enhancing the accessibility and flexibility of cryptocurrency investments. No direct investments into spot BTC As outlined in the 21Shares website, a set of five products is slated to commence trading in the upcoming week, with these exchange-traded funds securing listings on the Chicago Board Options Exchange.  The countdown begins: today, 21Shares and ARK Invest announce the upcoming launch the ARK and 21Shares Digital Asset ETF Suite. The ETF suite uses crypto-specific insights alongside traditional indicators. pic.twitter.com/dkg8aTCtVR ...

Copy Trading is becoming more popular as investors and traders seek ways to increase their profits. Recently, traders who are being copied have been focusing on Ethereum (ETH), Polygon (MATIC), and Everlodge (ELDG). However, which cryptocurrencies will see the biggest growth in Q4 2023 is unclear.  In this article, we’ll examine the performance of these three cryptos to understand why they’re being selected and to identify which one has the most growth potential.  Summary Ethereum to reach $2,335.71 by the end of 2023 Polygon to see a price increase to $0.87 by the end of Q4 Everlodge to spike 47x based on current projections Ethereum to reach $2,300 by the end of Q4 2023? Ethereum has been trending higher, making it an attractive choice for investors aiming to maximize their profits.  Specifically, ETH’s trading volume surged by 7%, indicating a growing interest among investors. Moreover, ETH prices rose from $1,785.51 to $1,912.62. You mig...

VeChain is launching a new sustainability campaign with the United Nations aiming towards the promotion of sustainability through the AWorld campaign. “We’ve just launched our Challenge Tournament in the AWorld app, the official platform in support of the United Nations ACTNOW sustainability campaign! We have some epic prizes for our eco-champions – are you ready to play?” the project tweeted. Source: Zipmex AWorld is the UN’s official platform supporting the ACTNOW campaign. The VeChain sustainability campaign pushing for individual actions on climate change and sustainability. Its partners include the University of Cambridge, the European Commission, BlackRock, Prada, and now, VeChain Also Read: VeChain : VET Secures Key US Patent For Blockchain Transactions The VeChain Blockchain network will reward participants for daily sustainability actions as part of the initiative. According to VeChain , all participants will receive an exclusive NFT, with one lucky winner rece...

Despite falling below a threshold of $2 trillion in market capitalization last year, the crypto currency industry is again setting out on a promising path. Once again, crypto specialist Michaël van de Poppe shared his valuable insights into the current crypto market cap movements, as well as the next target in the future period, the analyst suggests it is aiming at a threshold of $1.8 trillion as the next milestone, in his post on X on November 8. Crypto market cap action analysis. Source: Michaël van de Poppe Notably, van de Poppe’s analysis of the crypto market cap chart patterns also signals that both higher highs and higher lows have emerged. With an expected consolidation of the market cap amid the $1.15 and $1.30 trillion range, the next target, he believes, is $1.80 trillion. Crypto market cap analysis Currently, market capitalization amounts to $1.34 trillion, recording an increase of 1.56% over 24 hours, coming off a robust 45.79% yearly increase, according to the data ...

The SHIB Dream NFT has burned nearly 550 million Shiba Inu tokens sending it to the dead wallet this month. Half a million SHIB tokens were removed from circulation on Shibarium in the last 14 days, data shows. This is the highest burns of the tokens in November and was initiated by the third-party SHIB Dream NFTs. Also Read: Shibarium Now Top Performing Network: Will It Push Shiba Inu To $0.01? The SHIB Dream NFTs run on the Shibarium layer-2 solution providing use-cases to users on the network. A representative from the Shiba Inu team applauded the burn initiative as the project is helping to burn SHIB tokens. A handful of third-party apps and projects are burning SHIB tokens regularly on the Shibarium L2 network this year. The move keeps Shibarium’s network active and brimming with developments making it collect transaction fees and also indulge in burn initiatives. #Shibarium Projects ♥️$SHIB BURNS https://t.co/Q9OXhl3QSX — 𝐋𝐔...

According to a Nov. 6 post on X, Cardano has chosen to use Substrate, the foundation of the Polkadot SDK, to build its partner chain project. This decision is said to come after four years of research, culminating in Cardano selecting Polkadot’s SDK, formerly Substrate, as the ideal choice due to its modular and flexible design. A self-sovereign blockchain A leading developer of Cardano, IOG goes on to describe Substrate as a “proven open-source modular framework” and will contribute a set of composable pallets to broaden its overall reach.” 1/ Cardano will use Substrate, the foundation of the Polkadot SDK, to build out its “partner chain” project — showcasing Substrate's potential to expand across Web3, and its ease of use for other chains and ecosystems ️ — Polkadot (@Polkadot) November 6, 2023 As stated by community member Goku, Midnight is likely the first adopter of these partner chain s, with a CEO who has roots back from Parity Tech. ...

Kazakhstan’s officials say American crypto exchange Coinbase is violating local laws. Cryptocurrency exchange Coinbase has been blocked in Kazakhstan as the country is trying to oblige all trading companies to comply with its local regulatory environment. According to a report from a local news outlet, Kursiv, the authorities restricted access to Coinbase after the Ministry of Culture and Information of the Republic of Kazakhstan received a notice from the Ministry of Digital Development. The latest accused Coinbase of violating the local Law on Digital Assets, which went into effect in February 2023 and requires crypto trading companies to receive a license from the Astana International Financial Center (AIFC). As noted by Kursiv, cryptocurrency exchanges like Binance, Upbit, and Bybit have already obtained the license and offer services in the region. You might also like: Analyst points to Coinbase’s future after disappointing quarter In addition to Coinbase, Ka...

On November 6, 2023, Oasys – a game-optimized blockchain – announced a strategic partnership with Singularity, a cross-chain payment solution, to offer users a seamless payment experience across its ecosystem . The partnership with Singularity will enable the creation of more and more games by enhancing the Oasys ecosystem ’s infrastructure by improving cross-chain asset transfers, non-fungible token (NFT) purchases, as well as other payment s, as per the latest information shared with Finbold. With Singularity’s integrated payment solution, users will no longer have to manually swap or bridge tokens, or repeatedly switch networks to facilitate payments across the Oasys Verses. Instead, they will now be able to make purchases on any Verse using tokens from any Verse – including the Oasys Hub-Layer.  The partnership is set to improve Oasys’ already-existing Hub-Layer (Layer1) and multiple Verse-Layers (Layer2) infrastructure and help eliminate the traditio...

On October 31, 2023, The Open Network Foundation (TON) set a new world record by achieving an impressive high of 104,715 transactions per second, completing 107,652,545 transactions within 25 minutes during its first public performance test.  Monitored and confirmed by CertiKCommunity, this feat establishes TON as the world ’s fastest and most scalable blockchain , outperforming the processing speeds of all L1 blockchain s and famous centralized payment networks such as PayPal, Visa, and Mastercard. The key to TON’s excellent performance is its unique composition using horizontal sharding. This design significantly increases transaction speed while also strengthening decentralization and security.  This record highlights TON’s potential and capabilities for supporting a TON-based Web3 ecosystem in Telegram, transforming the messenger into a global decentralized SuperApp, and putting crypto in every pocket.  What is The Open Network Foundation? Crypto...

The SEC filed a summary judgment in the Do Kwon and Terraform Labs case.  According to the SEC, Do Kwon and Terraform were involved in misleading marketing. Sam Bankman-Fried has been found guilty of all seven charges in the FTX trial. Sam Bankman-Fried (SBF), the former FTX CEO, has been found guilty of all seven charges in the FTX trial. Shortly after the judgment, the U.S. Securities and Exchange Commission (SEC) filed a summary judgment in the Terraform Labs and Terraform’s CEO Do Kwon case. The SEC alleged the pair were involved in misleading marketing of Terra and LUNA tokens as securities. Several users on X (formerly Twitter) who appear to be following both cases seem to be impressed with the latest developments. One who shared a post about SBF’s judgment posted that Do Kwon should be the next. He found the support of other users, one of whom asked which jurisdiction would get the former Terra Labs CEO first. Do Kwon next. https://t.co/4GYdFe...

According to a CoinGecko report dated Nov. 3, only 8 countries around the world offer spot Bitcoin ETFs.  Of these countries, Canada is ranked in the top spot for having seven spot Bitcoin ETFs worth a total of $2 billion in total assets. Canada and Europe lead Data from the report shows that Canada and Europe are the main markets for spot Bitcoin ETFs, with the seven in Canada and 10 in Europe. Since spot Bitcoin ETF assets amount to $4.16 Billion globally in total assets across 20 available offerings, Canada at $2 billion makes up 48.2% of the total, with its population of 40 million. 1/ This means that #Canada accounts for 48.2% of the $4.16B in spot Bitcoin ETF assets globally. Another leading country is #Germany , where only one spot Bitcoin ETF is incorporated with an outsized $802.52M in total assets. — CoinGecko (@coingecko) November 3, 2023 After Canada comes Germany, with one incorporated spot Bitcoin ETF and $802.52 million in total assets, alongside oth...

A top crypto strategist predicts that one altcoin focused on artificial intelligence (AI) will double up while updating his outlook on decentralized oracle provider Chainlink (LINK). Pseudonymous crypto trader Bluntz tells his 226,200 followers on the social media platform X that Ocean Protocol (OCEAN), a data-sharing digital asset with a focus on AI, will see a 100% surge in price after the narratives around AI ramp up again. “Beautiful high timeframe setups all across the board, I suspect the AI narrative will pop up again at some point in the future and OCEAN looks primed [and] ready for a breakout but hasn’t moved too much. Easy 100% move higher IMO (in my opinion).” Source: Bluntz/X OCEAN is trading for $0.381 at time of writing, a 1.5% increase during the last day. The crypto analyst goes on to say that he believes Chainlink is gearing up for a big rally to the upside where it could “catch up” to smart contract platform and Ethereum (ETH) rival Sola...

Binance plans to end its partnership with the Russian payment provider Advanced Cash (AdvCash), ending ruble-based transactions, the Wall Street Journal (WSJ) reported.  AdvCash was used to move funds between sanctioned Russian banks and the exchange, the WSJ said, citing sources close to the matter. #WSJ : #Binance plans to terminate cooperation with #Advcash This decision is due to the fact that Advcash allows you to transfer funds to the exchange to customers of Russian banks that have been sanctioned. #CRYPTO #Bitcoin #web3 #NFTs #ETHEREUM pic.twitter.com/UX2euPY5hn — NFT GURU BIG MIKE 🎁 𝗡𝗙𝗧 Promoter (@CRYPT056) November 1, 2023 This is in line with the exchange’s bid to fully exit the Russian market following intensive legal scrutiny following the Ukraine invasion. Binance entered into a partnership with Advcash in 2019, allowing consumers to make deposits and withdrawals in rubles. In this collaboration, Advcash provided l...

After XRP crossed the critical psychological level at $0.60 and continued upward, an even stronger bullish movement could be in the cards for the fifth-largest cryptocurrency by market capitalization, judging by the detailed analysis of its previous price behavior. Indeed, the pseudonymous crypto market analyst Cryptoinsightuk observed that XRP had seen a “brilliant month ly close ” above $0.59 and that its moving average convergence divergence (MACD) indicator was about to cross the 0 line, “bringing momentum back to the bulls,” the expert said on November 1. XRP price action analysis. Source: Cryptoinsightuk Specifically, this crypto analyst has provided a possible target range between $0.8875 and $1.3617, the levels last witnessed on the digital asset’s charts in 2021, should the indicators continue to demonstrate positive signals for the price of the XRP token. Is $1.69 possible? Not only that, but the expert also explained that “the last time we had a month ly close in thi...

Shiba Inu has become a popular meme-based cryptocurrency. It competes directly with Dogecoin in the meme coin space. The developers behind SHIB have been working on various projects for the community. However, the recent launch of Shibarium didn’t prove to be as effective as anticipated in terms of price performance. With cryptocurrency prices trading with major volatility in the past few days, here is our Shiba Inu price prediction for the month of November 2023. Also read: Solana (SOL) Price Prediction: November 2023 Shiba Inu price prediction for November 2023 Shiba Inu’s price currently stands at  $0.000008035,  with a 3.5% surge in value over the last 24 hours. According to Changelly analysts, SHIB is expected to trade at a minimum of $0.00000681 and a maximum of $0.00000875 in November. Experts predict that the average trading price will be $0.00000778. SHIB has fallen 90.9% since its all-time high of $0.00008845 on October 28, 2021. Also rea...

Fund management giant VanEck says conditions are becoming extremely favourable for B itcoin and the cryptocurrency industry as 2024 draws near. CEO Jan van Eck, speaking in an interview on the Empire podcast , said that Bitcoin has been established as the main alternative to gold as a store of value, that the Federal Reserve is moving toward a lower rates policy, and that the Bitcoin halving is expected in April. “You’ve got an almost close to perfect setup as a trade,” Van Eck said. A must-watch episode w/ CEO @JanvanEck3 and @mleinweber2 from @MarketVector 📺https://t.co/Fbc3beOmvN https://t.co/eGUwuqO3md — VanEck (@vaneck_us) October 31, 2023 Van Eck, who’s firm manages about $76 billion in assets, added that markets never seems to price in the halving, which thus always leads to a bull market. “Why don’t people anticipate this,” he asked. “There’s no accounting for the crowd.” A must-watch episode w...