Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses

[ad_1] Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers.... Read more »

Crypto Industry Strikes Back: Lawsuit Challenges ‘Unconstitutional’ IRS Regulations

[ad_1] The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the... Read more »

Scam ads targeting Usual Protocol emerge on Google

[ad_1] Key Takeaways Scammers are using fraudulent Google ads to impersonate Usual Protocol and steal crypto assets. Users are advised to manually verify website addresses to ensure authenticity and avoid scams. Share... Read more »

Montenegro’s Justice Minister signs order to extradite Do Kwon to US

[ad_1] Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s... Read more »

Bitfarms: Rebound Overdue or Losing the Game?

[ad_1] After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the... Read more »

Did Sam Bankman-Fried Secretly Cash Out $1.5M?

[ad_1] Key Takeaways Sam Bankman-Fried may have sent over $1.48 million worth of crypto to various exchanges to cash out the funds. One of his publicly-known wallets, along with numerous known Alameda... Read more »

Demystifying algo trading in crypto markets

[ad_1] The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced... Read more »

‘Free Money’ Crypto Scam Uses Fake Wallets to Steal Your Funds

[ad_1] A terrifying new crypto scam leaves users trapped in wallets they thought were free money—only to watch their crypto vanish into the hands of scammers. The ‘Free Money’ Crypto Trap—How Fake... Read more »

ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold

[ad_1] Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly... Read more »

Biden’s New Crypto Rule Shakes Entire Industry – Full IRS Oversight Incoming

[ad_1] The U.S. Treasury’s sweeping IRS rule forces crypto platforms to track and report all transactions, igniting fierce industry backlash and looming legal battles over its survival. US Treasury Expands IRS Reach... Read more »