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
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Source: Bitcoin.com
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Monthly Active Solana Wallets Surges Past 100 Million
Solana’s monthly active address count has surged past 100 million, setting a new all-time high for the network, according to data from blockchain platform Artemis Terminal. This marks a significant increase from the 509,000 monthly active addresses recorded by Artemis at the start of 2024. However, supporting data suggests that most active wallets on Solana do not hold any Solana (SOL). Skeptics attribute this rapid growth to bots artificially inflating the metrics, a critique often associated with Solana’s success. Solana data provider Hello Moon reported that over the past month, more than 86 million users had 0 SOL in their Bitcoin.com
LINK Poised for 13% Decline, Here’s What’s Happening
The post LINK Poised for 13% Decline, Here’s What’s Happening appeared first on Coinpedia Fintech News Amid the ongoing uncertain cryptocurrency market sentiment, Chainlink (LINK) is poised for a price decline as it has formed a bearish price action pattern on its daily time frame. In addition to LINK’s bearish outlook, its price has started declining alongside other major cryptocurrencies. LINK Price Momentum At press time, LINK is trading near the … Bitcoin.com