Bitget, a burgeoning name in the crypto world, has recently announced a phenomenal achievement: its native wallet has reached an impressive milestone of 40 million users. This figure represents a remarkable growth trajectory of over 100% since March 2024. By ascending to this level of engagement, Bitget is establishing itself as the second most downloaded
Crypto
Bitcoin has once again captured the attention of both seasoned investors and newcomers alike, as it recently soared to an impressive $69,000—a noteworthy achievement not seen since late July. This remarkable rally marks a significant recovery from previous market dips and reflects growing investor confidence. The price had hovered between $62,000 and $63,000 just last
In a startling turn of events, the FBI recently apprehended Eric Council, a 25-year-old individual charged with orchestrating a deceptive tweet regarding the Securities and Exchange Commission’s (SEC) approval of spot Bitcoin exchange-traded funds (ETFs). On January 9, a tweet falsely proclaiming the SEC’s endorsement went live on the agency’s X account, igniting a brief
In an era where digital financial transactions dominate, the specter of fraud looms large, demonstrating an urgent need for collaboration between tech firms and law enforcement. Binance, a leading global cryptocurrency exchange, has engaged in a pioneering initiative with the Delhi Police to dismantle a particular elaborate scam perpetrated by a fraudulent company known as
In a surprising shift within the cryptocurrency investment landscape, spot Bitcoin exchange-traded funds (ETFs) have captured significant investor interest, garnering over $2 billion in net inflows within just five days. This remarkable influx marks the most lucrative trading period for these US-based products since mid-March. With the total net inflows exceeding $21 billion by the
In recent months, Dogecoin (DOGE) has witnessed a remarkable resurgence in value, breathing new life into the once-memed cryptocurrency. One of the significant catalysts behind this revived interest seems to be Elon Musk, the charismatic CEO of Tesla, whose involvement has historically correlated with price surges for Dogecoin. Recently, speculation about Musk’s potential involvement in
In a significant crackdown, the Hong Kong Police Force (HKPF) has unraveled a complex fraud scheme that exploited advanced deep fake technology to defraud unsuspecting victims of their hard-earned money through faux cryptocurrency investments. This operation predominantly targeted unsuspecting men, leading to financial losses estimated at an astonishing $46 million. The scheme involved a sophisticated
As the weekend comes to a close, Bitcoin shows signs of stability, maintaining a trading position above the significant threshold of $68,000. This price calm can be anticipated, given the crypto market’s usual behavior during weekends, where volatility tends to wane. Despite Bitcoin’s steadiness, numerous altcoins displayed minor declines, although their performance over the preceding
The blockchain industry is not merely expanding; it is experiencing an explosive upward trajectory. A recent report from venture capital firm Andreessen Horowitz (a16z) highlights a historic peak in blockchain activity and user engagement. Specifically, the study indicated that in September 2024, a staggering 220 million addresses interacted with various blockchain networks at least once.
The case of Juan Tacuri serves as a stark reminder of the perils of cryptocurrency investment schemes, particularly those masquerading as legitimate financial opportunities. On October 15, 2024, Tacuri, a senior promoter of the infamous Ponzi scheme known as Forcount, received a 20-year prison sentence, alongside a staggering financial penalty—and the consequences extend far beyond