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Day: August 13, 2025
FBI warns of fake lawyers targeting past crypto scam victims
FBI investigators say a disturbing new fraud tactic is spreading: con artists posing as attorneys are cold-contacting crypto scam victims, promising fund recovery before stealing even more. The scheme preys on desperation with alarming sophistication. Summary FBI warns of scammers posing as lawyers to target prior crypto fraud victims, using fake agencies, forged documents, and phony bank sites to steal more funds. Victims are pressured to pay upfront in crypto or gift cards, often after being added to staged WhatsApp chats with fake “bank processors.” In an alert issued August…
Confidence Build up for the Next Moon Mission?
Dogecoin (DOGE) is riding a fresh wave of bullish momentum after whales scooped up 1 billion DOGE, worth roughly $200 million, in just 24 hours. The massive accumulation has helped push DOGE over 11.2% higher in the past day, with prices currently hovering around $0.24, according to CoinMarketCap. Related Reading Large-holder ownership now sits near 50% of the total supply, a sign of growing institutional confidence. Analysts note that this kind of concentrated buying can reduce sell-side liquidity, potentially paving the way for bigger moves ahead. Technical charts suggest an…
Bitcoin Breaks $123K as Momentum Builds
Bitcoin blasted past the $123,000 mark on Wednesday, breaking that barrier for the first time since July 14, 2025. On Aug. 13, bitcoin’s climb added 2.6% against the U.S. dollar, stacking up a 6.2% gain over the past seven days. The world’s largest crypto by market value now boasts a staggering $2.44 trillion valuation. This […] Original
Peter Thiel-Backed Bullish Shares Surge Over 200% on NYSE Public Debut
Key Notes Investor demand drove Bullish’s IPO price up twice before its NYSE listing, nearly tripling its initial range. Bullish’s first-day surge follows a wave of successful crypto and fintech IPOs in 2025. Institutions like BlackRock and ARK signaled primary interest, strengthening Bullish’s sector position. Shares of Bullish, the cryptocurrency exchange backed by Peter Thiel, made an explosive debut on the New York Stock Exchange, opening at $90, a leap of over 200% from its initial public offering price of $37. This surge instantly placed Bullish’s market capitalization above $16…
Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment
Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in Texas, bringing the facility to its full 83 MW capacity. Galaxy Moves Miners to Soluna Site as Helios Transitions to AI According to the announcement shared with Bitcoin.com News, the deployment involves relocating miners previously […] Original
Bitcoin Sets New High On Back Of Latest CPI Inflation Data
Bitcoin (BTC) price hit a new all-time high above $123,231 on Wednesday on Coinbase, following a similar performance from the S&P 500 which rallied to a record high of 6,457. Bitcoin’s ascent to new highs comes one day after the July US CPI print showed inflation holding at 2.7% year-over-year, which was unchanged from June and below the forecast 2.8%. The data showed overall CPI increasing 0.2% versus a 0.3% increase in June. Following the report’s release, the CME FedWatch tool showed the market odds of an interest rate cut…
Ethereum Faces Stiff Competition on Path to $5K, Revenue Impacted
The Ethereum transaction count is rising amid Ether’s (ETH) push toward the $5,000 milestone. However, increased competition is eating into network revenue and user mindshare. Ethereum’s daily average transaction count is hovering near all-time highs, at over 1.7 million transactions recorded on Tuesday, according to Nansen. Ethereum’s daily transaction count hovering near all-time highs. Source: Nansen For comparison, Ethereum layer-2 networks, Arbitrum and Base, recorded over 3.4 million transactions and 8.6 million transactions, respectively, and Aptos, a competing layer-1 blockchain, hosted 3.8 million transactions on Monday, according to The Tie.…
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