Day: March 13, 2024

Dogecoin Influencer Sounds Critical Warning Alarm For Scams Targeting The Community

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Dogecoin influencer Mishaboar has issued a vital warning to members of the Dogecoin (DOGE) community. This warning could prove timely as meme coin-related scams look to be on the rise in the crypto community.  Beware Of Fake Dogecoin Airdrops   Mishaboar warned community members in an X (formerly Twitter) post to be “extremely careful,” stating that there are several fake airdrops targeting the Dogecoin tag and other popular meme coins. The influencer also added that some of these scams are also deployed using the tags of popular AI tokens. These scammers…

Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that it’s raised $10 million in order to […] Source CryptoX Portal

Bitcoin Whale Books $217 Million Profit After BTC Broke $73,000

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The ongoing Bitcoin surge is proving lucrative for a crypto whale. According to Lookonchain data on March 13, one large BTC address has raked in $217 million in profits after prices rose above $73,000 earlier today. Profits would have even been higher because, over the past, the whale has been unloading large amounts via Binance, the world’s largest crypto exchange.  Crypto whale accumulating BTC | Source: Lookonchain via X This development follows Bitcoin’s solid growth. Since October 2023, the coin has been steadily rising, fueled by supportive fundamental events, including interest rate…

Bitcoin (BTC) Price Could Drop 20% After Massive Rally But Uptrend Will Resume, Analyst Says

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The Unfulfilled Promise of Blockchain

Since its advent over a decade ago, blockchain technology has made grand promises of decentralization, disintermediation and radical transparency. Underpinning such visionary rhetoric, however, lies a sobering reality: Much of the wealth of data generated on public blockchains remains sealed off from average users. Source link

Toncoin (TON) Hits New Yearly Peaks, Surging 60% On Buzz Surrounding Potential Telegram IPO

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Toncoin (TON) has experienced a notable uptrend in recent weeks, driven by significant news and announcements surrounding the popular social media platform Telegram, the latest being a potential initial public offering (IPO).  Telegram User Base Surpasses 900 Million According to his latest appearance, aside from his constant announcements through his channel on the social media platform, Pavel Durov, the CEO of Telegram, shared that the messaging app has amassed over 900 million users, up from 500 million in 2021, and is steadily approaching profitability.  In an interview with the Financial…

Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in the benchmark federal funds rate. Persistent Inflation Pressures Fed, Leaving […] Source CryptoX Portal

U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

The cryptocurrencies – which includes nearly 300,000 (USDC), 1.5 million (USDT), 102,000 (TRX), 3,000 (SOL), and 14,000 (ADA) – were seized from two Binance accounts in January, following an investigation last spring into a “pig butchering” scam targeting a Massachusetts resident. The victim of the scam was tricked into forking over $400,000 to the scammers, who transferred the funds to other wallets that investigators then connected to funds from the other 36 victims. Source