Cryptocurrency theft is becoming a major problem, with criminals targeting both individuals and platforms. Robbing Crypto Traders In recent months, there’s been a surge in violent robberies targeting cryptocurrency traders in Western Europe. These aren’t just online hacks; these are real-life armed robberies where criminals hold victims hostage and force them to hand over their…
Bitcoin is Leaving Exchanges There’s a buzz in the crypto world about Bitcoin’s recent price action. Experts are noticing a trend: investors are moving their Bitcoin off of exchanges. This suggests they’re holding onto their coins, expecting prices to rise. It’s a good sign for Bitcoin’s future! Stablecoins Are Flowing into Bitcoin Another positive sign…
A popular crypto analyst is predicting big things for Fantom (FTM), an Ethereum rival. He believes the upcoming migration to Sonic could send FTM prices soaring. Fantom’s Sonic Migration: A Bullish Catalyst The analyst, known as Rager, believes that Fantom’s move to Sonic, a new blockchain designed to scale the network, could be a major…
A US judge has ruled that Roman Storm, co-founder of the crypto mixer Tornado Cash, will face trial in December. Storm was accused of helping the North Korean hacking group Lazarus launder stolen funds. Judge Rejects Dismissal Motion Storm’s lawyers argued that he simply created an open-source protocol that offered privacy for Ethereum users, which…
The FBI has seized millions of dollars worth of cryptocurrency from scammers in Southeast Asia who were targeting American citizens. Crypto Confidence Schemes: How They Work These scammers use a variety of tactics to lure their victims, including: Dating apps: They build trust with their victims through online dating before suggesting “investment opportunities.” Text messages:…
A fake crypto wallet app on the Google Play Store has been caught stealing tens of thousands of dollars from unsuspecting users. The app, downloaded a whopping 10,000 times, was disguised as a legitimate app associated with WalletConnect, a popular protocol for connecting crypto wallets to online apps. The Scam: The fake app, cleverly named…
Bitcoin is looking strong and many analysts believe it’s about to surge past its all-time high. With a lot of money flowing into the cryptocurrency and its recent price performance, everyone’s expecting a big jump in the coming months. The $100,000 Goal The big target for investors is $100,000, which would put Bitcoin into six-figure…
Mark Zuckerberg’s big bet on the metaverse has been a rollercoaster ride. After losing billions, he’s now seeing a huge payoff. His net worth has skyrocketed to over $200 billion, making him the fourth richest person in the world. The Metaverse: A Rollercoaster Ride The rise in Meta’s stock price, which has gone up by…
The US Department of Justice (DOJ) is taking on Visa, accusing the payment giant of illegally controlling the debit card market. Visa’s Grip on Debit Cards The DOJ claims Visa’s dominance is stifling competition and innovation in the debit card industry. They say Visa’s control over more than half of US debit card transactions allows…
Goldman Sachs, a big name in banking, thinks the US dollar is going to weaken. Why? Because the Federal Reserve (the US central bank) is cutting interest rates. Lower Rates, Weaker Dollar? Lower interest rates make it less attractive to hold US dollars, so Goldman Sachs expects the dollar to lose value against other major…
