Author: Digicoinvision

Abacus Market, the largest Bitcoin-powered Western darknet marketplace, has gone offline in an apparent exit scam. Its website and infrastructure, including its clearnet mirror, are inaccessible, TRM Labs said in a report on Monday. The disappearance has led TRM to believe the “operators have likely conducted an exit scam, shutting down operations and disappearing with users’ funds.” TRM Labs said the closure could be the result of attention from law enforcement, as Abacus Market clocked a monthly record after the closure of Archetyp Market, one of the longest-running dark web marketplaces, in mid-June. In late June, users began reporting withdrawal issues, which prompted…

Solana started a fresh increase above the $160 zone. SOL price is now correcting gains and might find bids near the $155 support zone SOL price started a fresh upward move above the $155 and $160 levels against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $162 resistance zone. Solana Price Corrects Gains Solana price…

Stablecoins are booming, and one cryptocurrency could quietly become the foundation of a new dollar-based economy, analysts at Electric Capital say. Despite widespread talk about “de-dollarization,” the global thirst for U.S. dollars is far from disappearing. In fact, it’s reaching new heights. Behind the scenes, a powerful shift is underway: billions of people and countless businesses worldwide are finding fresh ways to access dollars, not through banks or traditional finance, but via stablecoins. As Electric Capital, a crypto investment firm and research organization, noted in a recent report, the shift is creating the biggest expansion of the dollar’s network in…

In a market flooded with noise and meme coin madness, the real question is—who’s the next 100x crypto legend? While retail investors scramble to hop on the next hype train, seasoned degens are eyeing narrative, numbers, and ROI math. That’s where Arctic Pablo Coin, Peanut the Squirrel, and Cat in a Dog’s World come in—three meme coins with drastically different vibes, yet all eyeing a moonshot trajectory. Let’s break down why Arctic Pablo Coin may just be the best crypto coin with 100x potential—and why PNUT and MEW aren’t far behind in this wild Web3 zoo. Arctic Pablo Coin: Where…

Bitcoin surged to a new all-time high above $123,000 earlier today after crossing the $120,000 threshold late Sunday night. The move has added more than 10% to its value over the past week, pushing the global cryptocurrency market valuation above $3.87 trillion, inching toward the $4 trillion mark. The current rally has reignited discussions around volume dynamics and accumulation patterns, as analysts monitor potential early signals that may influence near-term market behavior. Related Reading Two contributors to CryptoQuant’s QuickTake platform, BorisVest and Darkfost, have highlighted technical patterns that emerged before and during Bitcoin’s latest breakout. Their analyses suggest a combination…

Join Our Telegram channel to stay up to date on breaking news coverage The US Senate has scheduled its final vote for the GENIUS Act for June 17 as the Securities and Exchange Commission (SEC) scraps a series of crypto rules that were proposed under the Biden administration. The official website for Senate Democrats revealed the scheduled date in a notice yesterday. The exact time for the vote will be decided later by the Majority Leader in consultation with the Democratic Leader, the notice added.  GENIUS Act Could Give Much-Needed Stablecoin Clarity In The US The GENIUS bill aims to…

Hungary has passed laws that could slap individuals trading crypto using an unauthorized crypto exchange with prison. Those who use a so-called “unauthorized crypto-asset exchange service” could face up to two years in prison with penalties increasing based on the value traded, according to an update to the country’s Criminal Code that came into force on July 1.The updated laws also target unauthorized crypto service providers with up to three years in prison, which could increase depending on the value of illicit trades.Local news outlet Telex reported on July 1 that the laws have confused crypto companies serving the country,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a conversation on the Epicenter podcast, Ethereum co-founder Vitalik Buterin addressed the looming threat posed by quantum computing—an often-cited existential risk for modern cryptography and blockchain networks. While many in the crypto industry regard quantum attacks as a distant or even speculative concern, Buterin offered a more nuanced and data-driven assessment, rooted in current research and technical forecasting. Is Ethereum Prepared Against Quantum Computers? According to Buterin, the community can take meaningful cues from the prediction markets hosted on platforms like Metaculus, which aggregate expert forecasts…

Key takeawaysWith no personal income or capital gains tax and recent VAT exemptions on crypto transactions, the UAE provides an unmatched financial incentive for crypto investors.Dubai’s VARA and Abu Dhabi’s FSRA lead with retail and institutional frameworks, while RAK, Sharjah and others are developing tailored zones and policies for Web3 innovation.Free zones like DMCC, ADGM and DIFC offer business-ready ecosystems, while high-speed internet, 5G and cloud services make the UAE a plug-and-play hub for crypto firms.The Golden Visa, safety, global connectivity and smart city living combine to offer crypto millionaires not just financial freedom but a secure, luxurious home base.In…

The Tornado Cash trail commenced today in the Southern District of New York (SDNY). Only during the first 90 minutes of the day did Judge Failla, the judge presiding over the trial, engage with the prosecution and defense in front of the courtroom. The rest of the day was dedicated to the jury selection process. The judge commenced the session by discussing three remaining motions in limine from the defense, including one regarding an opposition to data extraction from Tornado Cash co-founder Alexey Pertsev’s mobile phone and another regarding a Brady request by the defense. Motion In Limine #1: Data…