Crypto fraud losses surge to $5.6B in 2023: these states were hit hardest
See what's clicking on FoxBusiness.com. According to the FBI, the amount of money that scammers scammed people out of cryptocurrency-related scams in 2023 was staggering. When it came to these losses in the U.S., some states were hit harder than others, the FBI study found. According to the FBI's Internet Crime Complaint Center (IC3), total […]
Unregistered Crypto ATMs Lead to Landmark UK Prosecution – PYMNTS.com
UK regulators have charged a London man with operating multiple unlicensed cryptocurrency ATMs. Olumide Osunkoya (45 years old) Unlicensed Machines Allows users to purchase cryptocurrencies or convert money into crypto assets Financial Conduct Authority (FCA) made the announcement on Tuesday (September 10th). According to an FCA news release, Osunkoya processed $3.4 million worth of cryptocurrency […]
Unknown Whale Moves 95,000,000 XRP to Binance – The Crypto Basic
The XRP market once again experienced a large amount of whale transfers as an “unknown wallet” moved 95,000,000 XRP to Binance. Recent whale activity has caught the attention of the XRP community. data According to Whale Alert, an unknown address moved 95,000,000 XRP to major cryptocurrency exchange Binance. On-chain analysis shows sending address rPz2…4iNf Transfer […]
Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify – Cointelegraph
Bitcoin (BTC) prices are trading 10% above the eight-month low of $49,577 hit on Aug. 5, as traders worry that the cryptocurrency may hit new lows below $52,000 before reversing. BTC/USD daily chart. Source: Trading View On September 6, Bitcoin extended its correction, falling more than 5.9% from a record high of 56,984 to hit […]
Analyst Ambitious XRP $100+ Target: What It Means for the Market – The Crypto Basic
Market analyst Moonshilla provides an update on his XRP price outlook and what it could mean for the market if XRP rises to $100. The analyst revisited one of his boldest price predictions, predicting the possibility of XRP’s value surpassing $100. This follows a previous analysis by Moonshilla in which he discussed the possibility of […]
BlockDAG latest crypto firm to score deal with major European soccer clubs
The hosts of the CoinStories podcast discuss the state of cryptocurrencies following the global market sell-off. Cryptocurrency teams up with major European football club to usher in a new era of sports marketing. Sponsorship deals between cryptocurrency companies and big-name soccer teams have been particularly hot this season, with the latest deals involving blockchain company […]
$460m crypto scam promoted on Kylian Mbappe’s X account
Hackers took over soccer star Kylian Mbappe's X account on Wednesday and launched a cryptocurrency scam among the player's 14 million followers. ESPN Mbappe has reportedly just completed a transfer to Spanish soccer powerhouse Real Madrid in a deal that will see him earn an annual salary of more than $16 million and a signing-on […]
Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry
The hosts of the CoinStories podcast discuss the state of cryptocurrencies following the global market sell-off. The Biden administration's tightening of regulations on cryptocurrencies has led to major restructuring at some of the smaller but better-known crypto banks. Custody Bank, a Wyoming-based financial institution that provides banking services to cryptocurrency companies, notified employees on Thursday […]
Number of crypto millionaires surges in 2024
As investors grow concerned about a recession, Invest Diva CEO Kiana Danial provides insight into the volatile US markets on “Cavuto: Coast to Coast.” $1 million is a lot of money, and the number of people holding that amount or more in cryptocurrency has skyrocketed over the past year. of Cryptocurrency Asset Report 2024 According […]
Expert Exposes XRP Suppression, Says XRP Market Cap Manipulation Makes it Look Small – The Crypto Basic
Wealth advisor Mikul has been making waves with his bold claims that XRP's market capitalization is being manipulated to make it appear smaller than it actually is. A prominent figure in the XRP community expressed this view in a recent video. Share Regarding X, Mikul argued that CoinMarketCap's calculation methodology is biased and significantly underestimates […]