Bitcoin, the biggest cryptocurrency, is showing signs of life! Recent data suggests that demand for Bitcoin is increasing at its fastest rate since April. Could this mean we’re about to see a surge in price? Demand is Back Experts are noticing a significant increase in Bitcoin demand. This is based on a metric called “apparent…
Bitcoin is hanging around $62,000, which is good news after a bit of a dip a few days ago. While things are a little uncertain, some experts are saying that Bitcoin’s wild swings have calmed down recently. This kind of calm often happens right before a big price move, so people are wondering if we’re…
The US cattle industry is taking a big leap into the digital age. A Wyoming company called CattleProof has created a blockchain-based system for tracking cows, and it’s just been approved by the USDA! This makes it the first blockchain-based program for verifying cattle in the US. Tracking Cows with Blockchain CattleProof uses blockchain technology…
A crypto trader recently lost a whopping $35 million in just a few minutes due to a sneaky scam. This wasn’t a hack or a market crash, but a social engineering attack that tricked the trader into signing a “permit” signature. How the Scam Worked The scammer used a phishing technique to convince the trader…
Ethereum (ETH) has been on a bit of a roll lately, with prices jumping up by 4.5% in the past day. That’s good news, right? Well, maybe not so fast. Some market indicators suggest that the party might be over soon. MVRV Signals a Cooling Market One of these indicators is the Market Value to…
Decentraland, a virtual reality platform built on Ethereum, is making waves in the NFT world. According to crypto analytics firm Santiment, Decentraland has seen more development activity than any other NFT project in the past month. Decentraland’s Development Dominance Santiment tracked over 168 notable development events on Decentraland’s GitHub repository in the past 30 days….
A heartbreaking story of a sophisticated scam has left an elderly man devastated and frustrated. The scammer, posing as his daughter, used a clever tactic to trick him into wiring thousands of dollars. How the Scam Worked The scammer, using the daughter’s email address but with a slightly altered domain, contacted the father. The scammer…
Bitcoin (BTC) saw a surge of over 6% on Friday after news broke that the bankrupt crypto exchange Mt. Gox extended the deadline for its remaining creditor repayments. Mt. Gox’s Long Road to Repayment Mt. Gox, once responsible for handling over 70% of Bitcoin trading, went bankrupt in 2014 after a major hack. The exchange…
Former FTX executive Ryan Salame has a new job title, and it’s not one he’s excited about. Prison Bound Salame was sentenced to 7.5 years in prison for his role in the FTX collapse. He was supposed to start his sentence in December, but he tried to delay it. When that didn’t work, he took…
AI Deepfakes are a Growing Threat Binance’s co-founder, Changpeng Zhao (CZ), has sounded the alarm about the increasing use of AI deepfakes to trick people into making fake cryptocurrency investments. He’s not the only one worried. Deepfake scams are hitting everyone from crypto giants like Ripple CEO Brad Garlinghouse to celebrities like Taylor Swift. CZ’s…
