Ether and other major altcoins were up over the past 24 hours. Original
First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits
Tag: Investors
Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’ โ Featured Bitcoin News
Cryptocurrency exchange Binance has warned investors of a โmassive phishing scam via SMS.โ The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a massive phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as in the screenshot below. According to the Binance boss, scammers sent SMS messages to cryptocurrency…
WeWay, a Revolutionary Crypto Social Media Platform, Joins Tech Incubator BlueZilla While Successfully Raising $3m From Investors and $800k Through Its IDO
The platform has grown significantly over the past few months, launching its own token, the $WWY, on major exchanges and expanding its value proposition with metaverse solutions. That has allowed WeWay to attract financing quickly: both from investors ($3M) and through its IDO ($800k). Among the strategic advisors to WeWay, are Yoola and Velas. Yoola is an international media network that helps bloggers grow online and offline. The US-based company is part of the top 5 largest international networks in the world and a leader in the Russian-language video blogging…
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax โ Taxes Bitcoin News
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. โThe revenue department did a lot of homework and reached out to crypto operators as well to get feedback โฆ It is much more friendly to both investors and the industry,โ said the CEO of a crypto exchange. Thailandโs New Crypto Tax Rules Thailand has scrapped its plan to impose a 15% withholding tax on cryptocurrency transactions after facing pushback from the crypto industry. The Thai Revenue Department has also published a manual outlining the new…
Youtuber and alleged thief publicly refuses to return investors’ funds after $750k rug pull
On Wednesday, American Youtuber and “internet detective” Coffeezillaa published a recorded interview of himself and disgraced Youtuber Paul “Ice Poseidon” Denino. During the session, Denino allegedly confirmed that he made off with $750 thousand worth of his investors’ money through rug pulling a crypto project dubbed “Cxcoin.” The ordeal started last July, when Denino created the Cxcoin for streamers and content creators on the Binance Smart Chain. Denino then allegedly promoted the coin to his community of followers, telling them that “don’t worry, no rug [pull] here all the money…
Bitcoin Inflows Suggest Institutional Investors Are Moving Back Into The Market
Bitcoin and the crypto market at large had suffered outflows that coincided with the massive sell-offs that rocked the market. This contributed to the downtrend that saw bitcoin touch towards six-month lows while investors who had gotten into the market later suffered massive losses. This outflow trend is beginning to reverse so as bitcoin and other digital assets begin to record inflows after a long drought. Bitcoin Inflows Back Up The past week for bitcoin has been an encouraging one. The digital asset is nowhere near its previous highs but…
The Uber Rich Investors Are Picking This Altcoin Over Bitcoin
For many years and likely many years to come, bitcoin has been the number 1 digital asset for investors, especially those looking to invest in the long-term. When big money started entering into the crypto space, bitcoin was the first stop before it diversified into other assets. However, as time as gone by and more altcoins are beginning to gain popularity, bitcoin is losing its hold as the number 1 choice for investors. A recent survey that featured respondents from the ultra-wealthy class showed that they did not favor bitcoin…
Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…
Ethereum Whale Splurges $637,000,000 on One Crypto Exchange Token, Making It Top Traded Coin Among ETH Investors
A large Ethereum (ETH) whale has spent over half a billion dollars to load up on the native asset of a crypto derivatives exchange. New data from whale-surveilling platform WhaleStats shows that the 105th-ranked Ethereum whale purchased 15,720,427 FTX Tokens (FTT) worth $637.14 million in a single transaction. ๐ณ๐ณ๐ณ๐ณ๐ณ๐ณ๐ณ๐ณ๐ณ๐ณ An ETH whale just bought 15,720,427 #ftx token ($637,148,906 USD). Ranked #105 on WhaleStats: https://t.co/2do7yJzgy7 Transaction: https://t.co/JVi0s5JWod#FTX Token #ERC20 #DEFI #ETH #whalestats โ WhaleStats โ the top 1000 Ethereum richlist (@WhaleStats) January 29, 2022 FTX Token is the utility token of…
Crypto Winter: An Investor’s Big Fear…
Itโs been a challenging few months for crypto investors since Bitcoin fell from its all time high of 69k; on top of that, many coins have followed in BTCโs price action footsteps. The entire crypto market has shed more than $1 trillion in value since, and many experts believe more is to come and that this will not be the last of the wave; many people scramble to get a grasp onfwhatโs to come and if we will fall into another dreaded crypto winter. Related Reading |ย Downward DOGE: Descending Dogecoin…