13Desk

🚀 Market Update: Bitcoin Holds Steady Above $64K, Ethereum on the Verge of Breaking $3K 🚀 After a sharp rise to $65,000, Bitcoin has settled around the $64,000 mark, maintaining a strong market cap of over $1.26 trillion. This comes as concerns over the U.S. dollar's stability reemerge, fueled by recent statements from Fed Chair Jerome Powell. Meanwhile, Ethereum is showing promising signs, trading near $2,760 after a 3.5% hike in 24 hours, with trading volume up by 40%. Could ETH surpass BTC’s market cap soon? In other news, Solana surged 12% last week, reaching $162 despite challenges, while a massive 118 million DOGE transfer to Binance has the crypto community buzzing. Read More 👉 https://lnkd.in/gBGw3P2R #13Desk #CryptoNews

🚨 Breaking News: Suspected Leader of $14 Billion Crypto Pyramid Scheme Extradited to China 🚨 In a significant move, Chinese authorities have successfully extradited a suspected leader of a massive crypto pyramid scheme from Thailand. The suspect, identified as Zhang but believed to be Malaysian businessman Tedy Teow, reportedly orchestrated a scheme that generated nearly $14 billion in illegal profits. This extradition, the first of its kind in 25 years, marks a major victory in the fight against financial crime. The scheme allegedly involved over 10 million participants and required hefty fees for membership, offering virtual currency in return. Read More 👉 https://lnkd.in/gQuVEgNU #13Desk #CryptoNews

🚨 Breaking: Telegram CEO Pavel Durov Arrested in France! 🚨 Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget Airport in France on Saturday, following a French search warrant linked to serious allegations against Telegram. The arrest has sent shockwaves through the crypto community, leading to a significant drop in the prices of Toncoin (TON) and Notcoin (NOT). Durov’s arrest is tied to accusations of facilitating illegal activities through Telegram’s platform. The price of TON plummeted by 18%, while NOT saw a 21% drop. With Durov in custody, the future of Telegram’s associated projects remains uncertain. Read More 👉 https://lnkd.in/g5fqEz7M #13Desk #CryptoNews

13Desk Meet Up Bali Edition Unites Web3 Innovators at Coinfest Bali 2024 🌐 A big thank you to our sponsors, @PinGoAI, @TrendX_official, @Bitnium_BTNM, Coresky, @PINNdefi and Tido Capital and our partners Polygon Labs, Blockdev.id, Ordzaar, Tokenomy, Pelita Bangsa Academy and Kabar Blockchain Indonesia 📍Upcoming stops: Tokyo, Seoul, Singapore! #13Desk #CoinfestAsia2024 Read More 👉 https://lnkd.in/g9AptaHu

🚨 Espionage Unveiled: Cryptocurrency Used in Taiwan's Major Espionage Case 🚨 Bloomberg has reported a significant espionage case involving Chinese intelligence and Taiwanese military personnel. According to Taiwan’s Ministry of Justice’s Investigation Bureau, cryptocurrency was used to compensate those involved in leaking state secrets to China. Taiwan’s high court has convicted eight individuals, including active-duty and retired military officers, sentencing them to prison terms ranging from 1.5 to 13 years. This case is being recognized as one of the most substantial espionage incidents in years. However, the report leaves a lingering question: Isn't cryptocurrency banned in China? Read More 👉 https://lnkd.in/gamrCTJD #13Desk #CryptoNews

🚨 Major Raid in Manila: Scam Center Busted! 🚨 On August 22, Philippine authorities conducted a significant operation, raiding a Chinese-operated scam center in Manila. This bust led to nearly 100 arrests, including both Filipino and foreign nationals. The center was involved in crypto and romance scams, deceiving victims by posing as wealthy models to lure them into fraudulent investments. Operating under the guise of a licensed online gaming company, this illicit setup was exposed following intelligence reports. The raid at Centrium Tower 1 in Parañaque City resulted in the detention of 64 foreign nationals and 32 Filipinos, some of whom claimed they were coerced into participating in these scams. Read More 👉 https://lnkd.in/gH8WdZTK #13Desk #CryptoNews

🚀 Trump Launches a New Crypto Platform! 🚀 Former President Donald Trump is entering the crypto arena with a bold new platform that might just revolutionize the way we view real estate and banking. As the presidential campaign heats up, Trump is exploring the potential of tokenizing both digital and real-world assets, possibly reshaping the traditional financial landscape. With his eye on the future, this move could signal a significant shift in the way assets are owned and traded. Read More 👉 https://lnkd.in/gBUrCvjx #13Desk #CryptoNews

#Binance, one of the world’s largest cryptocurrency exchanges, and its former CEO, Changpeng “CZ” Zhao, are facing a new class-action lawsuit filed by three crypto investors. The plaintiffs claim that Binance failed to prevent money laundering, resulting in the theft of their digital assets. Read More 👉 https://lnkd.in/g2WKA-Xp #13Desk #CryptoNews

Bitcoin is trading at $59,000 on Tuesday morning in Asia, reflecting a 9% decline in August. This downturn is in contrast to gains in global equity and bond markets. Analysts highlight concerns over potential Bitcoin disposals by the US government, which could impact the market. Last week, $600 million worth of seized Bitcoin was reportedly moved to Coinbase by the US government. On the other hand, Ether, trading at $2,600, has shown remarkable resilience despite broader market challenges. The cryptocurrency has managed to hold its ground, even as Bitcoin’s volatility has typically influenced its price. This performance comes as Ethereum undergoes significant upgrades and faces new pressures from the launch of Ether ETFs. While Cardano has fallen out of the top 10 cryptocurrencies by market cap, Solana experienced record outflows in its exchange-traded products (ETPs), totaling $39 million. Despite these market shifts, Ethereum’s position remains strong, indicating potential stability in a turbulent crypto market. Read More 👉 https://lnkd.in/gYCFXN42 #13Desk #CryptoNews

In a significant breakthrough, Italian authorities have arrested four individuals suspected of stealing $14 million in cryptocurrency from Holograph, a blockchain tech firm based in the Cayman Islands. The suspects, living lavishly in a luxury villa in Salerno, were tracked down after weeks of investigation by Italy's national police force, in cooperation with the French National Police. During the operation, police seized cryptocurrency wallet private keys, codes, ledger keys, and various electronic devices, which are now under examination. The stolen funds are expected to be returned to Holograph, with the HLG token showing signs of recovery, gaining 28.3% in the last 24 hours. This case highlights the persistent risks in the crypto world and the importance of vigilant security measures for blockchain platforms. Read More 👉 https://lnkd.in/g8k7ipDC #13Desk #CryptoNews