Chinese government-backed hackers have reportedly infiltrated the US Treasury Department’s computer systems. This significant breach affected hundreds of computers. The Scale of the Breach According to reports, approximately 400 laptops and desktops were compromised, including Treasury Secretary Janet Yellen’s computer. While the breach accessed employee usernames and passwords, along with around 3,000 unclassified files, the…
A Chicago business owner, Milan Jackson, lost $20,000 to a sophisticated phone scam, and Bank of America won’t reimburse her. The Scam Jackson received a call from someone claiming to be from Bank of America. The caller said someone was trying to steal $20,000 from her account and instructed her to wire the money to…
Rumors are swirling that President-elect Trump is considering a US-centric cryptocurrency reserve, potentially including XRP and Solana. This news has sent both cryptocurrencies’ prices skyrocketing. A Boost for US-Based Cryptos The New York Post reported that Trump is open to the idea of a national crypto reserve featuring Solana (SOL), XRP, and the stablecoin USDC….
A University of Georgia study reveals a strong link between social media use and cryptocurrency investment. The research, published in the International Journal of Bank Marketing, is one of the first to explore this connection. Social Media’s Influence on Crypto Decisions The study found a clear correlation: people who use social media for investment information…
Pump.fun, a popular Solana-based memecoin launchpad, is facing a class-action lawsuit. The lawsuit claims the platform engaged in illegal activities and failed to protect its users. The Lawsuit: Pump-and-Dump and Unregistered Securities A law firm, Burwick Law, filed the lawsuit on behalf of investors who lost money on memecoins launched through Pump.fun. The lawsuit alleges…
Bitcoin recently hit $102,000, and experts are buzzing. This isn’t just another price jump; many believe it signals a major bullish trend. Trump’s Influence and Market Sentiment A lot of the excitement stems from the anticipation surrounding a new president’s pro-crypto stance. Analysts think this could be huge for Bitcoin and the entire crypto market….
Dogecoin’s price is looking pretty good, showing signs of a serious rally. A recent breakout from a bullish pennant pattern has analysts excited, with some even predicting a push towards $1. The Bullish Pennant Breakout Over the last six weeks, Dogecoin’s price has been bouncing around, mostly between $0.3 and $0.4. This choppy trading formed…
Many crypto investors are worried. Bitcoin’s price has been bouncing around wildly—above $100,000, then below $90,000. Is the bull market over? A leading crypto analytics firm, Glassnode, says no. Bitcoin Remains Bullish Despite recent price dips, Glassnode insists Bitcoin is still in bullish territory. Their analysis shows Bitcoin is currently in a correction phase, down…
Scott Bessent, President-elect Trump’s nominee for Treasury Secretary, doesn’t believe the US needs a digital dollar. He made this clear during his Senate confirmation hearing. No Need for a Digital Dollar, Says Bessent Bessent argued that unlike other nations, the US has little to gain from launching a central bank digital currency (CBDC). He stated…
Crypto analyst Kevin Svenson is predicting a significant Bitcoin price surge. He believes Bitcoin is poised for a breakout, leaving many investors behind. A Parabolic Trend Ahead? Svenson, who boasts over 82,000 YouTube subscribers, points to a parabolic trend in Bitcoin’s price action. He expects a much faster market move than most anticipate. His prediction…
