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…
Tether Invests $775M in Rumble, Backing YouTube Alternative Boasting Free Speech.
He described the investment as a strategic step in supporting technologies and companies that empower individuals and foster societal resilience. Tether Invests $775M in Rumble, Backing YouTube Alternative Boasting Free…
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…
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…
$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.…
Fed Effect: Biggest Net Outflow Day for Bitcoin ETFs Led to Crash Below $96K
BTC’s price tumbled hard after Powell’s words on Wednesday evening. Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south…
Bitcoin Could Skyrocket by 25% in Days if History Repeats But There’s a Catch.
The crowd seems to be looking for proper buying opportunities. Bitcoin’s massive rise from under $70,000 to over $108,000 within a month and a half after Donald Trump’s landslide victory…