Crypto Industry Lost $2.3B to Cyber Threats in 2024.
Cyber threats that could surge in 2025 include quantum and AI attacks, CeFi targeting, and pig butchering scams, which accounted for $3.6 billion in losses this year alone. As 2024…
Chinese Auto Dealer Dives Into Bitcoin Mining With $256M Investment
Cango plans to further expand its operations with an additional 18 EH/s from Golden TechGen in a deal valued at $144 million. Shanghai-based car dealership Cango Inc. has pivoted to…
Nigeria Arrests 792 People including 148 Chinese and 40 Filipinos in Landmark Crypto-Romance Scam Raid in Lagos.
Investigators uncovered an organized network where foreigners collaborated with Nigerian recruits to carry out romance and investment scams. Nigeria’s Economic and Financial Crimes Commission (EFCC) on December 10 arrested 792…
Altcoin flash crash is opportunity says expert.
The wider cryptocurrency market entered a strong bull run on November 5, the day that the United States presidential election was held. In the following weeks, Bitcoin (BTC) struggled to…
Osprey Funds Launches First US Publicly Quoted BNB Trust
Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market. Interestingly, the fund happens to…
Wall Street Stock Professional claims Nvidia stock is ‘manipulated,’ predicts NVDA crash.
One of the best-performing and most-discussed stocks of 2024 – the semiconductor giant Nvidia (NASDAQ: NVDA) – has hit a rough patch in recent trading. Specifically, after climbing to highs…
Crypto market crash as traders lose $1.4 billion in 24 hours of massive liquidations.
The cryptocurrency market was hit by a huge shakeout on December 20, the last Friday before the Christmas holidays. Crypto traders have lost over $1.4 billion for position liquidations in…
U.S. Secret Service seizes $860,000 from Man’s crypto account who intercepted email communications between realtor and house buyer then stole funds meant for purchase of a house.
The U.S. Secret Service has seized $860,000 from a Nigerian cryptocurrency account after investigations on a money trail indicated the funds were proceeds of a coordinated business email scam, according…
‘Rich Dad’ R. Kiyosaki reveals ‘it’s not too late to buy Bitcoin’
The recent price action in the cryptocurrency market – both the November and the early December rally and the latest downturn – caused some anxiety among investors about whether it…
$7 billion wiped from XRP in a day.
Though most discussed in the context of the staggering post-election rally, XRP’s most recent trend has been one of stagnation, and the latest even turned into a substantial price drop.…