UK Police Return $5.4 Million to Cryptocurrency Fraud Victims

The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say that almost $10 million more will be returned to victims. So far, 127 more people have filed a claim to recoup their investments. Police Return Funds to Crypto Scam Victims The U.K.’s Greater Manchester Police (GMP) announced …

‘MAGIC’ Metaverse Altcoin Skyrockets As Majority of Crypto Market Suffers Major Downturn

A project using bridges to connect different metaverses is soaring in price while the rest of the crypto world enters murky waters. Magic (MAGIC) is the native token of Treasure, a project which bills itself as the “Metaverse Bridgeworld” while harnessing the features of non-fungible tokens (NFTs), decentralized finance (DeFi) and gaming. According to the …

Japan Exchange Group alerts against imposter crypto trading platforms

Japan Exchange Group (JPX), the Tokyo Stock Exchange and Osaka Exchange owner, warned the public against companies that are misleading Japanese investors by selling crypto assets under the JPX brand.  JPX issued the alert after receiving reports about an ongoing attempt to dupe unwary investors into trading Bitcoin (BTC) and cryptocurrencies on platforms misrepresented as …

Bitcoin dips to $36.4K as Ukraine move sends Russian ruble to near 6-year lows vs. dollar

Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia’s expected incursion into Ukraine triggered more market woes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold comes to the rescue as Bitcoin wavers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $36,400 on Bitstamp overnight Tuesday, its lowest since Feb. …

Bitcoin (BTC/USD) Market Swings Lower in $40,000 and $35,000

Bitcoin Price Prediction – February 22The BTC/USD market swings lower in $40,000 and 435,000 lines as the crypto-economic price keeps journeying to the downside in a slow-and-steady manner. The trading activities have witnessed a high and a low of $37,465 and $36,359 at a minute negative percentage of 0.62. BTC/USD Market Key Levels:Resistance levels: $40,000, …

Crypto trading firm Amber valued at $3B after big Singaporean investment

Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings.  Amber Group was able to raise $200 million in its Series B+ funding round as revealed in a Feb. 21 announcement. Other participants included Sequoia China, Pantera Capital, Tiger Global Management, …

On-chain metrics hint at a bearish outlook for Bitcoin

Blockchain analytics provider Glassnode has depicted a bearish scenario for Bitcoin as on-chain metrics suggest increased selling pressure is imminent. In its weekly analytics report on Feb. 21, on-chain metrics firm Glassnode said that Bitcoin bulls “face a number of headwinds,” referring to increasingly bearish network data. The researchers pointed at the general weakness in …

Cardano daily transaction volume surges but ADA prices slump

The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari. Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85 billion and Ethereum (ETH) …

Binance joins Russia’s Bank Association as its first crypto member

Cryptocurrency exchange Binance has become the first crypto-centric entity to join the Association of Banks of Russia (ABR), the company announced last Friday. “Binance, the world’s leading blockchain ecosystem, is announcing its membership in the Association of Banks of Russia to provide a dialog with federal authorities, legislators, experts in the field of digital financial …

This crypto fund and mining firm are partnering up to decentralize and improve Bitcoin mining

Digital Finance Group (DFG), a global blockchain and crypto investment firm, has announced a $250,000 private investment in Titan Mining. The strategic partnership with the next generation Bitcoin mining pool will enable DFG to service the growing crypto mining industry, the company told CryptoSlate. DFG and Titan to provide highly-efficient, highly-decentralized mining As part of …

Why Big Tech is losing talent to crypto, web3 projects

Silicon Valley and big tech firms are increasingly having trouble keeping talented and high-profile individuals from leaving their organizations. It’s now evident that Web3 and the wider crypto- and blockchains space is becoming increasingly interesting for talents to join. It wasn’t long ago that landing employment at one of the big tech companies was a …

Alium Finance Will Give Away 380,000 ALM Tokens in Honor of Listing on the MEXC Exchange

press release PRESS RELEASE. DeFi ecosystem Alium Finance, which combines a native multi-chain decentralized exchange and NFT marketplace, announced a massive airdrop in honor of listing on the MEXC cryptocurrency exchange. In order to participate in the free token giveaway, MX token holders must stake coins, and then they will receive the right to vote …

Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors

Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million. 11 People Arrested so Far in Cryptocurrency Scam in India Indian police have cracked down on a cryptocurrency investment scheme that has duped over 2,000 investors out of 40 crore …

Huobi Co-Founder: We’re at Early Stage of Bitcoin Bear Market, Next Bull Run Expected in 2024

The co-founder of crypto exchange Huobi has shared his view about the current state of the bitcoin market and when the next bull run will be. “We are now at the early stage of a bear market,” he said, expecting the next bitcoin bull market to be around the end of 2024 or the beginning …

Earn Guild Is Coming to PancakeSwap

press release PRESS RELEASE. London, England, Feb 21st, 2022 – Earn Guild, a next-gen guild system for play-to-earn gaming, will be conducting its public sale tomorrow, February 22, at 2:00 pm UTC on the PancakeSwap exchange. Shortly after the Initial Decentralized Offering (IDO), the $EARN token will be listed on three major exchanges. The project …

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