Cash

The hacker behind the $82 million Orbit Chain exploit has moved around $48 million to cryptocurrency mixer Tornado Cash as they look to launder the funds. Orbit Chain was exploited on New Year’s Eve in one of the year’s biggest hacks, and the funds remained dormant for over five months. Orbit Chain Hacker Moves Funds The hacker moved the funds after months of complete silence, during which the stolen funds remained untouched. According to data from blockchain analytics firm Arkham…

The post Orbit Chain Exploit: Hacker Moves $48M to Tornado Cash appeared first on Coinpedia Fintech News In a major news in the crypto-fraud domain, the defrauder of the Orbit Chain has withdrawn a whopping $48 million and laundered it to the Tornado Cash. This comes at a time when the activity was stagnant since the first incident that occurred at the onset of the New Year celebration. The Orbit Chain cross-chain bridge was affected and millions of dollars stolen;…

The post Bitcoin Cash Stands Strong in Bearish Market With 5% Gains, Investors Pour Into New DeFi Project With 10x Potential  appeared first on Coinpedia Fintech News Bitcoin Cash has been showing good bullish momentum for quite some time. While the whole market is in correction mode, it has maintained its strength. BCH Price has made an inverse head-and-shoulder pattern, the breakout of which can start the rally to new highs. Amid the market correction, DTX Exchange, a new decentralized…

The post Bitcoin Cash Price Prediction: BCH Price To Rally 30% This June? appeared first on Coinpedia Fintech News With the market leader, Bitcoin price, holding its value above the $71,000 mark, Bitcoin Cash price has successfully regained momentum by displaying a positive uptrend since the week started. Positively, the BCH price has added 3.71% within the past day and 9.84% over the past seven days. Moreover, it has added 9.12% within the past day and has a Year-to-Date (YTD)…

Binance has halted cash payments for P2P trading in India to enhance regulatory compliance and security, 99 Bitcoins reported. While this move aims to reduce money laundering risks, alternative methods like bank transfers remain available.  Despite this, 5thScape continues to dominate the Indian crypto market. Known for its innovative features and strong community support, 5thScape thrives amidst regulatory challenges. Binance’s suspension highlights the increasing scrutiny in the crypto industry, but 5thScape’s resilient presence underscores its popularity and adaptability in India’s…

Bitcoin Cash (BCH) has undergone a notable price surge, with the token currently trading at $507, with key support at $489.4 and a resistance level of $516.4, the token might be posed for a bullish trend. According to on-chain data, a majority of BCH is being held long-term, this signifies market stability Bitcoin Cash has experienced a significant price surge grabbing not only the attention of investors but also analysts. With a current trading price of  $507 according to Crypto…

Toncoin (TON) and Bitcoin Cash (BCH) have been recording stifling declines as both cryptocurrencies recently fell by more than 2%, with Bitcoin Cash (BCH) experiencing the most persisting volatility over the past month. Amidst this prevailing bearish trend, ETFSwap (ETFS) is showcasing impressive momentum and is on track to break into the elite crypto top 20 ranks.  Toncoin (TON) TVL Soars As Price Plummets Earlier in April, DeFilama’s data revealed that Toncoin’s Total Value Locked (TVL) had surged significantly, recording…

While the cryptocurrency market remains in a heightened state of frenzy, top traders and crypto enthusiasts are frantically searching for the next crypto coin with potential for explosive growth. With the emergence of Rollblock (RBLK), a new altcoin laden with impressive features, crypto whales are selling off their Shiba Inu (SHIB) and Bitcoin Cash (BCH) to accumulate this new altcoin. Shiba Inu Token Succumbs To Bear Market Despite 180% Yearly Surge Although starting as a dog-inspired meme, the Shiba Inu…

The post Tornado Cash Creator Faces 5-Year Jail Over $1.2B Money Laundering Case appeared first on Coinpedia Fintech News The crypto world and the legal world have been closely tied together lately. Now, a Dutch court has found Alexey Pertsev, the creator of the innovative crypto platform Tornado Cash, guilty of laundering an eye-popping $1.2 billion in illicit funds. Pertsev, a 31-year-old Russian national, now faces a hefty five-year prison sentence after the verdict was delivered on May 14. Behind…