A Chicago businessman, Jeff Benach, is accusing JPMorgan Chase of failing to protect him from a fraudulent scheme that drained $40,000 from his business account. The Ghost Merchant Strikes Benach hired a Canadian company to create some renderings for his housing development business. He wasn’t happy with the results but offered to pay for the…
A popular crypto analyst thinks a memecoin called Brett (BRETT) could be about to take off again, even after a recent dip. Brett’s Big Run Brett has been on fire, gaining a whopping 13,000% since February! This little coin, which lives on the Base network, has a market value of $1.16 billion right now. The…
Ethereum staking is booming! According to data from Santiment, over 33% of all Ethereum (ETH) is now being staked, which is more than triple the amount staked just two years ago. This means that over 47 million ETH, worth about $147 billion, is locked up in a prominent ETH staking platform. What is Staking? Staking…
BNB Chain, a popular blockchain platform, has lost a whopping $1.64 billion in crypto assets since its launch in 2020, according to a new report from cybersecurity firm Immunefi. Millions Lost to Hacks and Fraud The report reveals that over $1.27 billion was stolen in 168 separate hacking incidents, while another $368 million was lost…
Bitcoin has been struggling lately, but there’s a glimmer of hope. A key indicator is suggesting that the worst might be over, and a rebound could be on the horizon. Miners Are Holding On One of the most important things to watch in the Bitcoin market is the hash rate, which basically measures how much…
The crypto market is in for a bumpy ride in the coming months, according to top industry analysts. While the market saw some positive momentum earlier this year, the second and third quarters have been rough. Choppy Waters Ahead Coinbase, a leading cryptocurrency exchange, predicts that the market will remain volatile throughout the third quarter….
One crypto analyst is making a bold prediction: Bitcoin (BTC) could surge by a whopping 500% to reach $330,000! This has definitely got people talking in the crypto world. A Pattern in the Past? Arsen Thagapsov, the analyst behind this prediction, says he’s seeing a pattern in Bitcoin’s history. He’s noticed that every four years,…
Binance, the world’s largest cryptocurrency exchange based on trading volume, has come a long way in its seven years. Despite facing numerous regulatory challenges and legal hurdles, the platform has persevered and emerged stronger. A Milestone Marked by Growth and Resilience This week marks Binance’s 7th anniversary, a significant milestone considering the intense scrutiny and…
Ethereum, the second-largest cryptocurrency, is showing some promising signs that could lead to a price increase. Let’s dive into the key indicators and what they might mean for Ethereum’s future. Technical Indicators Point to Upside Short-Term: On the 4-hour chart, Ethereum is pushing towards the 100-day Simple Moving Average (SMA) and a bearish trendline. It’s…
Bad news for some of the biggest banks in the US: JPMorgan Chase and Wells Fargo are reporting huge losses from customers who can’t pay back their loans. JPMorgan Chase saw a whopping $2.2 billion in “charge-offs” – basically, bad debt they don’t expect to get back – in the second quarter. That’s a big…
