In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three times more than last December. In the meantime, losses in the crypto industry from breaches in 2023 decreased by more than half compared to 2022. Should we expect this decline to …
Continue reading “Crypto scams in 2024: A turn for the better or calm before the storm?”
Crypto analyst and trader Justin Bennett is warning that one metric suggests Bitcoin (BTC) could suddenly head much lower. Bennett tells his 110,800 followers on the social media platform X that Bitcoin’s market bottom may not have been reached yet based on the Tether dominance chart (USDT.D). “The bottom is not in for BTC IMO …
A widely followed crypto analyst believes that one artificial intelligence (AI) altcoin project is gearing up for a move to the upside. The analyst pseudonymously known as The Flow Horse tells his 199,800 followers on the social media platform X that the decentralized artificial intelligence platform for applications Fetch.ai (FET) appears ready to rally based …
A widely followed cryptocurrency analyst says he sees upside potential for two crypto assets with market caps below $1 billion. Pseudonymous crypto strategist Altcoin Sherpa tells his 206,800 followers on the social media platform X that he’s looking at the Solana (SOL)-based decentralized exchange aggregator Jupiter (JUP). The trader shares a chart suggesting that JUP will …
The host of the InvestAnswers YouTube channel believes that one crypto project running on the Solana (SOL) network will go on a bullish rampage. The InvestAnswers host tells his 472,000 YouTube subscribers that the decentralized exchange (DEX) aggregator Jupiter (JUP) could surge by “somewhere between a 4x and an 8x to be conservative.” The trader’s …
The US Department of Justice (DoJ) has charged three individuals with stealing more than $400 million from the bankrupt FTX exchange in a SIM-swapping attack. […] Go to Source
Valkyrie has become the first spot Bitcoin ETF (exchange-traded fund) to diversify the custody of its coins by entering into an agreement with BitGo, while […] Go to Source
Mega Dice Casino is all in on crypto, expanding its listing of tokens accepted on the platform with 14 new coins, including BONK and PEPE […] Go to Source
This year’s Super Bowl will most likely exclude cryptocurrency-related advertisements, CNN reported on Feb. 2. Paul Hardart, a clinical professor of marketing for New York University’s Stern School of Business, said audiences will likely see a “notable shift away” from tech-related advertisements, especially those featuring crypto and AI. Hardart said in a statement to CNN: …
Continue reading “Super Bowl won’t feature crypto ads in 2024, but two AI ads are planned”
The US government’s rapidly climbing national debt has grown to more than $100,000 per citizen. According to data from the Peter G. Peterson Foundation, America’s national debt has reached $34.15 trillion – equal to about $101,591 per capita. Rising revenues are not canceling out the soaring debt, leading to a growing deficit, which is currently …
Users of top US crypto exchange Coinbase can now buy, sell and hold the new token of the layer-1 blockchain and smart contract platform ZetaChain (ZETA). Coinbase says it is rolling out support for the altcoin, which launched on February 1st, with the experimental asset label. The exchange gives this mark to tokens that pose …
Continue reading “Top US Crypto Exchange Coinbase Rolls Out Trading for New Layer-1 Altcoin”
Tuur Demeester, a Bitcoin evangelist, has recently shared his views on Bitcoin’s potential to reach the $1 million mark by 2028. Demeester’s view on this topic presents a cautious contrast to some of the more bullish predictions in the crypto community. This tempered perspective comes when others, such as Samson Mow, express strong confidence in …
Continue reading “Will Bitcoin Hit $1 Million By 2028? Experts Clash Over Bold Price Prediction”
In recent developments, two California school district officials have admitted guilty to stealing up to $1.8 million and misappropriating electricity to finance and operate a clandestine crypto-mining operation. The United States Department of Justice (DOJ) disclosed that Jeffrey Menge, former Assistant Superintendent and Chief Business Officer of Patterson Joint Unified School District, and Eric Drabert, …
Continue reading “Criminals Behind $2M School Theft Admit Guilt: Crypto Mining Scheme Uncovered”
BNB, the native token of the Binance Smart Chain, experienced a drop on Friday, showing a huge red candlestick after opening at around $305 and moving downward toward $297.93. This downward move began with a rejection at $312.53 on Wednesday, thereby creating resistance at the same level. At the time of writing, the price still …
Continue reading “Will BNB Continue To Drop Or Bounce Back To Create A New All-Time High?”
DOGE The Dogecoin network is on a roll after a particularly disappointing performance leading up to the end of January. Usage on the network is beginning to pick up once more after the price made its way above $0.08. New adoption saw the highest spikes, as almost 1 million new DOGE wallets were created in …
Continue reading “Dogecoin Adoption Rate Touches New ATH, But Why Is This AI Bearish On DOGE Price?”
