A prominent Bitcoin whale with a holding history spanning over 14 years executed a significant transfer of 10,257 BTC to Galaxy Digital within the last hour. This transaction, valued at
Abacus Market, the largest Bitcoin-powered darknet marketplace in the Western world, has abruptly gone offline in what appears to be an exit scam. Key Takeaways: Abacus Market, the largest Bitcoin-based darknet marketplace, has gone offline in a suspected exit scam. Withdrawal issues blamed on a DDoS attack matched typical exit scam patterns. In June, US law enforcement seized crypto tied to BidenCash, dismantling 145 darknet and web domains. TRM Labs reported on Monday that the site, along with its clearnet mirror and infrastructure, is no longer accessible, leading to suspicions that the operators “have likely conducted an exit scam, shutting down operations and disappearing with users’ funds.” The closure may be linked to law enforcement pressure, as Abacus saw a record monthly volume following the June shutdown of Archetyp Market , one of the longest-running darknet marketplaces. Abacus Admin Attributes Withdrawal Issues to DDoS Attack Reports of withdrawal problems began circulating in late June, prompting Abacus’s admin, known as “Vito,” to blame the issues on a surge of new users and a distributed denial-of-service attack. TRM Labs noted that “this behavior was consistent with known exit scam patterns seen across other darknet markets.” Despite reassurances, users rapidly withdrew from the platform. Daily deposits plummeted from around $230,000 in June to just $13,000 between June 28 and July 10. Abacus specialized in the sale of illicit drugs, including stimulants and psychedelics, and operated a central deposit wallet supporting Bitcoin and Monero. After Europol shuttered Archetyp Market on June 16, many users migrated to Abacus, driving the platform’s sales to a June high of $6.3 million. Similar growth spikes followed the voluntary closure of ASAP Market last year, with Abacus’s share of the Bitcoin-based Western darknet market rising above 70%. TRM Labs explained, “Marketplaces that reach the top of the ecosystem… often become priority targets for law enforcement.” Over its four years of operation, Abacus generated nearly $100 million in Bitcoin sales, though the actual volume may be $300-400 million due to Monero transactions. Abacus Market is either fedded or exit scamming, take your choice… you would be a fool to continue using this market if it comes back up. pic.twitter.com/blw04aaZNZ — Dark Web Informer – Cyber Threat Intelligence (@DarkWebInformer) July 1, 2025 TRM Labs suggests the admins may have “lost motivation” or prioritized “self-preservation” over profit following Archetyp’s seizure and increased scrutiny. There is also speculation that law enforcement may have quietly seized the marketplace, gathering evidence while withholding public statements. However, the admin of the darknet forum Dread, closely linked to Abacus, expressed skepticism about this theory, noting that “official seizure notices have appeared months after a DNM has gone offline” in previous cases. US Takes Down 145 Darknet Domains In June, the US law enforcement seized crypto linked to BidenCash , the infamous dark web marketplace, accused of selling over 15 million stolen credit cards and personal data. The international operation took down around 145 darknet and traditional internet domains associated with the marketplace. Additionally, the DOJ recently seized over $24 million in cryptocurrency from a Russian national accused of developing and operating the Qakbot malware. The post Largest Bitcoin Darknet Marketplace Abacus Market Vanishes in Suspected Exit Scam appeared first on Cryptonews .
A Satoshi-era whale has moved 16,843 BTC worth nearly $2 billion after 14 years, igniting concerns over a potential major Bitcoin market sell-off. Bitcoin’s “Coin Days Destroyed” metric surged sharply,
BitcoinWorld Transformative Cloud Seeding: Rainmaker and Atmo Forge Strategic AI Partnership for Enhanced Precipitation In a world increasingly impacted by climate variability, the quest for innovative solutions is more urgent than ever. While many in the crypto space are familiar with disruptive financial technologies, the same spirit of innovation is now profoundly reshaping how we interact with our environment. A groundbreaking development in this arena sees cloud seeding startup Rainmaker forging a strategic partnership with Atmo, an AI-powered meteorology startup. This collaboration, exclusively revealed to Bitcoin World, marks a significant leap forward in the field of weather modification , aiming to enhance natural precipitation and address critical water challenges. Unlocking Potential: The Strategic Alliance for Enhanced Precipitation The partnership between Rainmaker and Atmo represents a synergistic blend of cutting-edge technology and environmental science. Both companies operate on complementary ends of the atmospheric spectrum, creating a powerful ecosystem for precipitation enhancement . Atmo specializes in meticulously studying complex atmospheric patterns, leveraging advanced deep learning models to forecast weather events with unprecedented accuracy. Their expertise lies in deciphering the subtle cues within the atmosphere that indicate potential for rain or snow. Rainmaker, on the other hand, takes this invaluable data and translates it into actionable interventions. Their mission is to “squeeze more precipitation” out of existing weather systems, utilizing sophisticated cloud seeding techniques. This involves deploying specialized agents, often silver iodide particles, into clouds to encourage the formation of ice crystals, which then fall as rain or snow. Traditionally, cloud seeding has relied on extensive human analysis and less precise forecasting, but this new alliance promises to revolutionize the process. Under the terms of this pivotal partnership, Atmo will deploy its formidable AI capabilities to assist Rainmaker in a crucial first step: identifying clouds that possess the optimal conditions and greatest potential for successful seeding. This precision targeting is paramount, as not all clouds are suitable candidates for modification. Atmo’s deep learning models can analyze vast datasets of atmospheric conditions, including temperature, humidity, wind patterns, and cloud composition, to pinpoint the most promising targets. Furthermore, Atmo will expand its service offerings by providing Rainmaker’s drone-deployed cloud seeding services directly to its customer base, creating a seamless solution for those seeking to augment water resources. For its part, Rainmaker will contribute invaluable post-seeding data from its proprietary radar systems. This data is critical for validating the effectiveness of their operations, allowing both companies to accurately determine how much additional rain or snow was produced. This feedback loop is essential for continuous improvement, refining Atmo’s predictive models and optimizing Rainmaker’s deployment strategies. It’s a true collaborative effort, where data drives decision-making and innovation fuels environmental impact. The Science of Cloud Seeding: Demystifying Weather Modification Cloud seeding , a form of intentional weather modification, has been around for decades, with its roots tracing back to the 1940s. The basic principle involves introducing tiny particles, known as “seeding agents,” into clouds. These agents act as nuclei around which water vapor can condense or freeze, accelerating the natural process of precipitation formation. Common seeding agents include silver iodide, dry ice (solid carbon dioxide), and liquid propane. There are generally two main types of cloud seeding: Cold Cloud Seeding: This method targets clouds where temperatures are below freezing. Agents like silver iodide, which has a crystal structure similar to ice, encourage supercooled water droplets (liquid water below freezing point) to freeze and grow into ice crystals. These crystals then become heavy enough to fall as snow or melt into rain as they descend. This is commonly used to enhance snowpack in mountainous regions. Warm Cloud Seeding: This method is less common and targets clouds that are above freezing temperatures. Hygroscopic materials, like salt, are dispersed to promote the growth of water droplets through collision and coalescence, leading to rain. Rainmaker’s use of small drones for deployment represents a significant advancement. Drones offer precision, flexibility, and reduced operational costs compared to traditional methods like aircraft or ground-based generators. This allows for more targeted and efficient seeding operations, directly impacting the efficacy of precipitation enhancement efforts. AI Meteorology: Revolutionizing Forecasts and Interventions The integration of AI meteorology is where Atmo truly shines, transforming the speculative art of weather prediction into a data-driven science. Traditional meteorological models rely on complex physical equations and vast computational power. While effective, they can be limited by the sheer volume and complexity of atmospheric data, often leading to uncertainties in localized or short-term forecasts. Atmo’s deep learning models, a subset of artificial intelligence, excel at identifying intricate patterns and correlations within massive datasets that might be invisible to human analysis or traditional algorithms. These models can process: Satellite Imagery: Analyzing cloud formations, movements, and characteristics over time. Radar Data: Detecting precipitation intensity, type, and movement. Ground-Based Sensors: Collecting real-time data on temperature, humidity, wind speed, and pressure. Historical Weather Records: Learning from past events to predict future outcomes with greater accuracy. By leveraging AI, Atmo can provide Rainmaker with highly precise, localized forecasts on cloud conditions, predicting not just if a cloud will rain, but also its potential to respond to seeding. This intelligent targeting ensures that resources are deployed efficiently, maximizing the impact of each seeding operation and making weather modification efforts far more effective than ever before. Addressing the Storm: Separating Fact from Fiction in Climate Technology The rise of innovative climate technology , while promising, often comes with its share of public scrutiny and misinformation. Rainmaker has recently found itself at the center of a storm of conspiracy theories, with some individuals alleging that their cloud seeding operations in Texas contributed to recent floods in the state. Such claims highlight a broader public misunderstanding of how weather modification truly works and its actual scale of impact. However, leading scientists and atmospheric experts vehemently refute these claims. “Somebody is looking for somebody to blame,” stated Bob Rauber, a professor of atmospheric sciences at the University of Illinois, in an interview with Bitcoin World. He emphasized that while cloud seeding can indeed “nudge” clouds to release more precipitation, the amount is minuscule when compared to the colossal scale of a natural storm system. For context, one well-documented cloud seeding case in Idaho resulted in an additional 186 million gallons of precipitation. While seemingly large, this pales in comparison to the “trillions of gallons of water” that a major storm naturally processes. It’s crucial to understand that cloud seeding is not about “creating” rain or manipulating entire weather systems. Instead, it’s about optimizing existing conditions within a cloud to enhance its natural precipitation efficiency by a small percentage. Attributing large-scale natural disasters like floods to targeted, localized cloud seeding operations is simply not scientifically plausible. These operations are designed to augment, not overwhelm, natural processes. Regional Effectiveness: Where Does Precipitation Enhancement Truly Shine? The efficacy of precipitation enhancement through cloud seeding varies significantly depending on geographical location and the type of cloud system targeted. Cloud seeding is widely employed across the Western United States, primarily to augment snowpack. The goal here is to increase the amount of snow that accumulates in mountain ranges during winter, which then melts in the spring and summer, replenishing vital reservoirs and supporting agriculture and urban water supplies. In these cold, mountainous regions, cloud seeding has shown demonstrable, albeit modest, success. However, the results are often less pronounced in other areas, such as West Texas, where Rainmaker has previously operated and where the focus is on coaxing more rain from summer storms. The West Texas Weather Modification Association, an entity Rainmaker has collaborated with, reports that cloud seeding in the region has historically boosted precipitation by approximately 15%, equating to about two additional inches per year. While beneficial, this is a relatively modest gain. Professor Rauber explains the likely reason for this disparity: the types of clouds prevalent over West Texas respond differently to seeding agents compared to the cloud formations found in mountainous regions. Rainstorms, especially those already primed to drop significant precipitation, are generally less responsive to seeding interventions. This highlights the importance of precise targeting, which Atmo’s AI meteorology is designed to improve, by identifying those specific cloud types and conditions most amenable to successful seeding. The Broader Horizon: Climate Technology and Water Security The partnership between Rainmaker and Atmo underscores a growing trend in the innovation landscape: the increasing convergence of advanced technologies like AI with critical environmental challenges. As climate change continues to impact global water resources, solutions like targeted weather modification become increasingly relevant. While not a silver bullet, such technologies can play a role in a broader strategy for water security, alongside conservation, improved infrastructure, and sustainable water management practices. The collaboration also highlights the vital role of startups in pioneering these solutions. Companies like Rainmaker and Atmo are agile, innovative, and capable of rapid development and deployment of technologies that traditional institutions might struggle to implement quickly. Their work contributes to a diverse portfolio of climate tech solutions, ranging from carbon capture and renewable energy to precision agriculture and water management. The future of climate technology will undoubtedly see more such partnerships, where specialized expertise in AI, data science, and environmental engineering combine to tackle complex problems. The challenges are immense, but the potential for impactful innovation, driven by strategic alliances and scientific rigor, offers a beacon of hope. Conclusion: A New Era for Precipitation Enhancement The strategic alliance between Rainmaker and Atmo marks a pivotal moment in the evolution of weather modification . By combining Rainmaker’s advanced cloud seeding capabilities with Atmo’s cutting-edge AI meteorology , this partnership promises to bring unprecedented precision and effectiveness to precipitation enhancement efforts. While the technology faces public scrutiny and requires careful scientific validation, the potential benefits for water security and climate resilience are undeniable. This collaboration exemplifies how innovative startups are leveraging advanced technologies to address some of the most pressing environmental challenges of our time, pushing the boundaries of what’s possible in the realm of climate technology and offering a glimpse into a future where human ingenuity helps us adapt to a changing planet. To learn more about the latest AI market trends, explore our article on key developments shaping AI models features. This post Transformative Cloud Seeding: Rainmaker and Atmo Forge Strategic AI Partnership for Enhanced Precipitation first appeared on BitcoinWorld and is written by Editorial Team
Crypto Week's start caused Bitcoin to decrease by 5% amid heavy sell-offs. A significant Bitcoin whale transaction spurred concerns of increased market volatility. Continue Reading: See How Market Actions Impact Bitcoin and Altcoins Dramatically The post See How Market Actions Impact Bitcoin and Altcoins Dramatically appeared first on COINTURK NEWS .
TL;DR Ripple’s native token skyrocketed to just over $3 yesterday, reaching its highest price tag in over four months. Although it was stopped there, at least for now, one popular analyst believes a new all-time high could be just around the corner. XRPUSD. Source: TradingView It has been a fantastic period for the entire cryptocurrency market, which started last Wednesday and culminated (at least for now) yesterday when bitcoin soared by over $15,000 and charted a new all-time high at just over $123,000. XRP also benefited from the market revival and shot up from its consolidation range of around $2.2-$2.3 to $3.05 (on Bitstamp), thus exceeding that level for the first time since early March. Ripple’s token broke out of the consolidation phase by confirming an inverse head and shoulders pattern. Now, the same analyst who predicted the price surge from $2.3 to $2.6 and beyond is making even bolder claims. “XRP is testing the top of the channel at $3. A weekly close above the $3 resistance could trigger a breakout to $4.80,” Martinez said , which would automatically mean uncharted territory, since the asset’s current peak stands at $3.4, according to CoinGecko. Consequently, Martinez, who has roughly 140,000 followers on X, asked, “XRP is screaming all-time highs – are you seeing this?” The cross-border token, which became the third-largest in the cryptocurrency market after its rally last week, was stopped at the $3 resistance and now sits below $2.9. However, the overall market sentiment remains highly bullish, and today’s correction has been perceived as a healthy one following several days of “up only” trading action. History is also on XRP’s side. As reported recently, the asset’s latest performance has mirrored a 2017 pattern, which resulted in a massive triple-digit price surge. As such, another analyst predicted a 250% pump that could drive XRP toward $10. Meanwhile, the CEO of SBI Global Asset Management praised the third-largest cryptocurrency due to its growing role in global remittance and claimed that it represents “the wealth transfer of our generation.” The post XRP Is Screaming for New All-Time Highs: Are You Seeing This? (Analyst) appeared first on CryptoPotato .
DDC Enterprise and Animoca Brands have signed a $100 million strategic partnership aimed at maximizing bitcoin yields and treasury strategies. This collaboration represents a significant step in the adoption of digital assets by public companies. Animoca Brands and DDC Forge Strategic Bitcoin Treasury Partnership DDC Enterprise Limited (NYSE: DDC) has entered into a non-binding memorandum
A few warning signs on Bitcoin's charts may be worth looking at.
On July 15, data from Arkham revealed a significant transaction involving a previously inactive whale wallet containing more than 80,000 bitcoins. Approximately 30 minutes prior, this whale moved 5,000 bitcoins
Ethereum treasury companies have significantly increased their holdings, accumulating over 545,000 ETH in the past month amid rising institutional interest. This surge in corporate Ether accumulation coincides with a notable