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About RBY

Rubycoin (RBY) is a cryptocurrency launched in 2014. RBY has a current supply of 27.60M with 0 in circulation. The last known price of RBY is 0.236319921608 USD and is 0.002504256864 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at http://www.rubycoin.org/.

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RBY Price Statistics
RBY’s Price Today
24h Price Change
+$0.0025042568641.07%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6632
RBY Market Cap
Market Cap
$0
Fully Diluted Market Cap
$6.52M
RBY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
RBY Supply
Circulating Supply
0
Total Supply
27.60M
Max Supply
0
Updated Apr 22, 2024 12:21 pm
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RBY
Rubycoin
$0.236319921608
$0.002504256864(+1.07%)
Mkt Cap $0
There's nothing here for now
Nebraska Man Faces Charges Over $3.5 Million Cryptojacking Scheme
Nebraska Man Faces Charges Over $3.5 Million Cryptojacking Scheme
According to CryptoPotato, a Nebraska man, Charles O. Parks III, also known as “CP3O,” has been charged by United States prosecutors for allegedly orchestrating a large-scale illegal “cryptojacking” operation. The scheme reportedly defrauded two cloud providers, one based in Seattle and the other in Redmond, Washington, of $3.5 million. Prosecutors claim that the cryptojacking scheme yielded cryptocurrency mining valued at almost $1 million. The Brooklyn U.S. Attorney’s Office alleges that Parks used the companies’ resources without authorization to mine approximately $970,000 worth of cryptocurrencies, including Ether, Litecoin, and Monero. The ill-gotten gains were reportedly used for extravagant purchases, including a luxury Mercedes Benz, jewelry, and first-class hotel and travel expenses. Parks was arrested on Friday, April 13, and faces a combined maximum sentence of 50 years. The indictment alleges that Parks created multiple accounts with a subsidiary of a cloud computing and consumer electronic device company based in Seattle, Washington, and a firm specializing in personal computers and related services headquartered in Redmond, Washington. Brooklyn U.S. Attorney Breon Peace stated that the office is committed to prosecuting criminal actors who use sophisticated technology for fraudulent activities. From January to August 2021, Parks allegedly employed various aliases, corporate affiliations, and email addresses, including those associated with companies he registered – MultiMillionaire LLC and CP3O LLC – to establish accounts at the cloud computing providers. This allowed him access to heightened services and benefits, such as high cloud computing services and deferred billing accommodations. The indictment suggests he laundered some of the illegally mined cryptocurrency through a decentralized company with no headquarters. The other funds were laundered through a payments provider, bank accounts, and a New York City-based nonfungible token (NFT) marketplace. Parks reportedly evaded federal law’s $10,000 minimum transaction reporting requirements by structuring payments in amounts just below the threshold. Prosecutors claim multiple instances where Parks made transactions of $9,999 and smaller sums from crypto exchanges to a bank account. Despite having one account suspended for nonpayment and fraudulent activity, Parks allegedly created a new account with the provider within a day. He reportedly consumed over $2.5 million of services from the Seattle-based provider. Prosecutors further alleged that Parks employed similar tactics to defraud the Redmond-based provider of more than $969,000 in cloud computing and related services.
Apr 22, 2024 12:19 pm
EMC Labs: BTC's fourth halving accounts for 30% of the effective supply, causing a significant supply deflation effect
EMC Labs: BTC's fourth halving accounts for 30% of the effective supply, causing a significant supply deflation effect
EMC Labs, a crypto asset investment research institution, said in a statement today that although the absolute number of Bitcoin's fourth halving is not as good as the previous halving, the actual proportion of effective circulation may exceed 30%, which will cause a significant supply deflation effect in the next 4-year cycle. According to EMC Labs' calculations, the absolute number of BTC's fourth halving on April 20 was 164,000 pieces/year, and the halving number 4 years ago was 328,000 pieces/year. However, because the number of BTC on centralized exchanges that determine BTC's short-term pricing power has dropped from 3.06 million in the previous cycle to 2.29 million, the annual reduction in production accounts for 7% of short-term liquidity, which is not proportional to the 10% in the previous cycle. The total reduction in production over 4 years accounts for 28% of short-term liquidity. Considering that the number of coins held by centralized exchanges will continue to decline, this figure can actually account for more than 30%. And because the proportion of long-term holders has increased by 14% compared with 4 years ago, the combination of these two factors has a significant impact on the supply deflation caused by this halving. EMC Labs stated that this halving has reduced BTC’s annual inflation rate to 0.8%, and believes that the pattern of a super bull market within 18 months after the halving will reappear.
Apr 22, 2024 12:03 pm

Frequently Asked Questions

  • What is the all-time high price of Rubycoin (RBY)?

    The all-time high of RBY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Rubycoin (RBY) is 0. The current price of RBY is down 0% from its all-time high.

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  • How much Rubycoin (RBY) is there in circulation?

    As of , there is currently 0 RBY in circulation. RBY has a maximum supply of 0.

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  • What is the market cap of Rubycoin (RBY)?

    The current market cap of RBY is 0. It is calculated by multiplying the current supply of RBY by its real-time market price of 0.236319921608.

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  • What is the all-time low price of Rubycoin (RBY)?

    The all-time low of RBY was 0 , from which the coin is now up 0%. The all-time low price of Rubycoin (RBY) is 0. The current price of RBY is up 0% from its all-time low.

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  • Is Rubycoin (RBY) a good investment?

    Rubycoin (RBY) has a market capitalization of $0 and is ranked #6632 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Rubycoin (RBY) price trends and patterns to find the best time to purchase RBY.

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