A UK police officer is facing serious charges for allegedly stealing a significant amount of Bitcoin. Officer Accused of Bitcoin Theft Paul Chowles, a 42-year-old National Crime Agency (NCA) officer from Bristol, has been charged with stealing 50 Bitcoin in 2017. Merseyside Police allege he took the Bitcoin during an investigation into online crime. Back…
Millions of credit and debit cards have been leaked onto the dark web, according to cybersecurity firm Kaspersky. The firm says that malicious software, known as infostealer malware, is to blame. The Scale of the Problem Between 2023 and 2024, Kaspersky found that at least 2.3 million bank cards were compromised and their information shared…
A popular crypto analyst, Altcoin Sherpa, is cautioning investors about a potential short-lived altcoin rebound. He believes that any gains might be temporary, based on past market behavior. Bitcoin’s Price Targets Sherpa’s analysis focuses on Bitcoin (BTC) as a key indicator. He suggests that if BTC can break through $89,000, it could signal continued bullish…
Major banks are facing criticism for refusing to reimburse customers who lost money to scammers. Several recent cases highlight the issue, leaving victims with significant financial losses. Wells Fargo Denies Claim After Scam A Wells Fargo customer in South Carolina, Stephanie Zufall, fell victim to a scam where fraudsters posing as bank employees tricked her…
A UK National Crime Agency (NCA) officer is facing serious charges after allegedly stealing Bitcoin. The Allegations Prosecutors claim that Paul Chowles, a 42-year-old NCA officer, stole 50 Bitcoin (BTC) in 2017. At the time, the Bitcoin was worth around £60,000 ($77,658). Today, that same amount of Bitcoin is worth a staggering £3.26 million ($4.2…
Bitcoin’s price has been on a rollercoaster lately, leaving many investors wondering what’s next. While the recent drop has been a bit of a downer, some analysts remain optimistic about Bitcoin’s long-term prospects. Is This Dip Normal? Despite the recent price crash, which saw millions of Bitcoin addresses in the red, one analyst, Philip from…
Bitcoin’s price has been a bit of a rollercoaster lately, but things seem to be looking up. After a shaky start to the week, Bitcoin showed some serious strength, briefly hitting $85,000 and closing the week strong. Interestingly, something else is also on the rise: open interest. Open Interest: A Big Jump Open interest (OI)…
A Virginia congressman is calling foul on President Trump’s plan to create a government Bitcoin reserve. He says it’s a blatant attempt to line the pockets of Trump and his cronies. Conflict of Interest? Rep. Gerald Connolly fired off a letter to Treasury Secretary Scott Bessent, demanding a halt to the plan. Connolly claims the…
Crypto markets are wild, but one thing’s for sure: panic selling is expensive. The $100 Million Panic In just six weeks, nervous Bitcoin investors lost a whopping $100 million by selling low. They got scared, hit the sell button, and watched their money disappear – only to see Bitcoin prices climb back up shortly after….
A crypto expert recently explained why XRP is unlikely to ever surpass Ethereum. Their argument centers on fundamental differences in the two cryptocurrencies’ capabilities and uses. Ethereum’s Strengths Ethereum’s success boils down to several key factors: Smart Contracts: Ethereum’s ability to run smart contracts is a huge draw for developers. This fuels its use in…
