In a recent incident in Hong Kong, a 46-year-old housewife found herself in a devastating situation after investing in a fraudulent crypto investment platform. The woman reported losses of 7.1 million Hong Kong dollars, highlighting the risks associated with the rapidly growing cryptocurrency market. The victim was contacted by fraudsters through Instagram and lured into
Crypto
Coinbase, the derivatives arm of the largest American cryptocurrency exchange, has announced its intention to launch futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. The move comes as part of the company’s strategy to expand its offerings and provide more options for traders in the cryptocurrency market.
The meme coin sector has seen a surge in popularity recently, with various assets experiencing significant price increases and attracting the attention of investors. These assets have not only performed well in terms of price, but they have also become the focus of intense discussions on social media platforms. Top Performers in the Meme Coin
The Super Sushi Samurai, a blockchain game built on the layer-2 solution Blast, recently fell victim to a devastating exploit just hours before the launch of its highly anticipated gaming product. The exploit, carried out by a white hat hacker, exploited a bug in the smart contract code, resulting in a staggering loss of $4.6
After a prolonged legal battle, it seems that Do Kwon, the co-founder and former CEO of Terraform Labs, may finally be extradited to South Korea. This decision comes after a series of back-and-forths regarding his extradition, with the Appellate Court of Montenegro ultimately confirming the previous ruling to hand him over to his native country.
Bitcoin’s price has been on a wild ride recently, experiencing sharp drops and sudden increases in value. After hitting an all-time high of almost $74,000, the cryptocurrency plummeted by about $10,000 in a single day. This downward trend continued, reaching a low of under $61,000 amid speculation about the actions of the US Federal Reserve.
The official Twitter account of Trezor, a prominent hardware wallet manufacturer, recently fell victim to a severe compromise, likely orchestrated through a SIM swap attack. The breach resulted in the dissemination of fraudulent messages promoting fake token sales and wallet scams. The suspicious activities were first brought to light by ZachXBT, an anonymous individual with
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple has consistently argued that XRP is a currency, not a security, and therefore should not be
Recently, XRP experienced a significant price spike that caught the attention of many analysts and investors. This spike, which saw the price of the token reach an all-time high of $74, was attributed to a glitch on the Atlantis Exchange platform. While some users were excited about the sudden surge, it was quickly discovered that
Cardano’s development and utility have been under intense scrutiny lately, particularly regarding the Hydra project. This layer 2 scalability solution is designed to improve transaction speed, reduce costs, and enhance Cardano’s overall functionality. Despite concerns within the community, Charles Hoskinson has reassured the public that the project is still actively being developed. The co-founder emphasized
