Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures.
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A huge surge in over-the-counter (OTC) trading popularity drove major cryptocurrency exchange Binance’s $78 million Q1 profits, crypto news outlet Decrypt Media reported on April 17.Speaking in an interview, CFO Wei Zhou said OTC, which is a method of wholesale cryptocurrency trading for large-scale investors, accompanied a volume uptick as bitcoin (BTC) rose almost $1,300…
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Bitcoin price faces key moving average showdown 3 weeks after breakout
Bitcoin (BTC) saw no relief at the Feb. 10 Wall Street open as United States equities dipped further.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“All eyes” on 200-day moving averagesData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it tracked sideways following a volatile 24 hours of trading.Existing market weakness was compounded by an announcement…
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move. 387 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023 citing ‘strategic and product…
What death spiral? Bitcoin mining difficulty rises by 9% since halving
After the May 11 halving, some skeptics speculated that miners would capitulate or that the entire process would enter a death spiral. Fast-forward three months and the Bitcoin (BTC) hash rate is at a record high.An all-time high hash rate and a stable Bitcoin mining industry are both positive signs for the medium to long-term…
CoinEx exchange suspected of being hacked as $27M worth of crypto moved
A CoinEx hot wallet transferred $27.8 million of various tokens to a wallet with no previous history, leading experts to suspect a cyberattack. On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has