Cointelegraph by Zoltan Vardai
The largest Friend.tech whale has sold all his holdings, causing the new token to fall over 50% in value while other users are still unable to claim the airdrop.
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Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest.
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Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.
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Making the token non-transferable could force users to pay the 1.5% Friend.tech platform fee in an “ironic” shift from the platform’s non-venture capitalist approach.
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While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000.
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The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.
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The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.
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The industry could see a shift towards player-centric Web3 games this cycle, as Web2 founders enter the GameFi space, according to Bitget’s managing director
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The notorious group of hackers has used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds.
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Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category.
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