Vietnamese authorities have recently dismantled a significant cross-border cryptocurrency fraud ring. This operation, led by the police in Nghe An province, resulted in the arrest of five individuals involved in various crypto-related scams. The fraudsters, linked to an offshore network based in Laos, engaged in a variety of schemes, including “pig butchering” and fake crypto… Continue reading Vietnamese Crypto Fraud Ring Taken Down.

China has long played a significant role in the global cryptocurrency market. Despite a series of regulatory crackdowns, China’s influence has persisted, particularly through its mining operations, large investor base, and control over key technology supply chains. Now, speculation is rising that China could be preparing to quietly impact Bitcoin and the broader cryptocurrency market… Continue reading Could China Quietly Blow Up the Bitcoin Price and Crypto Market?

TrueX is a new cryptocurrency exchange, launched by former Coinbase and Goldman Sachs executives, Vishal Gupta and Patrick McCreary. It is a stablecoin-native platform, meaning that it exclusively uses stablecoins for transactions and settlements, aiming to offer a more secure, efficient, and transparent trading environment. The founders, Gupta and McCreary, bring substantial experience from their… Continue reading Coinbase and Goldman Sachs Create a New Crypto Exchange, TrueX

In a recent report by the FBI, it was revealed that American citizens lost over $2.5 billion to cryptocurrency-related scams in 2022, marking a significant increase compared to previous years. A 45% increase brings the total losses to a staggering $5.6 billion.  As digital assets gain mainstream popularity, so do the number of fraudulent schemes… Continue reading American Citizens Lost Billions to Cryptocurrency Scams

In a startling development that has sent ripples through the political and financial worlds, former President Donald Trump’s newly launched cryptocurrency platform has fallen victim to a sophisticated hacking operation. The breach allowed cybercriminals to seize control of the platform, using it as a vehicle to promote a scam that has already ensnared thousands of… Continue reading Trump’s Crypto Platform Hacked: Scammers Exploit Security Flaws to Promote Fraud

Donald Trump has recently announced his ambition to make the United States the “crypto capital of the planet.” This plan is part of a broader strategy to position the U.S. as a global leader in the cryptocurrency and decentralized finance (DeFi) sectors. Trump is leveraging this approach to appeal to the growing crypto community and… Continue reading Trump wants to make the US the Crypto capital of the world

In a move that has stirred significant attention across both political and financial landscapes, former U.S. President Donald Trump has teased a new cryptocurrency project known as “The DeFiant Ones.” This initiative, which he has promoted on his social media platform Truth Social, appears to be a comprehensive venture into the world of decentralized finance… Continue reading Donald Trump Teases New Cryptocurrency Project: What We Know So Far

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against NovaTech Ltd. and its founders, Cynthia and Eddy Petion, alleging a massive $650 million crypto fraud scheme that targeted over 200,000 investors worldwide. According to the SEC’s complaint, NovaTech operated as a multi-level marketing (MLM) and crypto asset investment program from 2019 to… Continue reading SEC Cracks Down on $650 Million Crypto Fraud

Wrapped Bitcoin (WBTC) has recently found itself at the center of a cryptocurrency storm, with concerns swirling around its future following BitGo’s announcement of a joint venture with BiT Global. The involvement of Justin Sun, a controversial figure in the crypto space, has only heightened the speculation and anxiety. What is Wrapped Bitcoin (WBTC)? Before… Continue reading WBTC in Turmoil: Justin Sun and the BitGo Shake-up

Bitcoin, the world’s first and most prominent cryptocurrency, has recently experienced a surge in price, inching closer to its all-time high. This resurgence can be attributed to several factors: 1. Increased Institutional Adoption: Large financial institutions like Fidelity and BlackRock are now offering exposure to Bitcoin to their clients, signifying a growing acceptance and legitimacy… Continue reading The Resurgence of Bitcoin: Reasons, Predictions, and the Ethereum Enigma