Solana memecoin hits a whopping $328T market cap — but for all the wrong reasons
Crypto users have continued to send funds to the apparent honeypot scam, even with many warnings they won’t be able to transfer any of it.
Related Posts
2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level
Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery. Ether/USD 4-hour price at Bitstamp. Source: TradingViewTo date,…
India: Banking Research Institute Issues Blueprint on Blockchain Implementation
India’s Institute for Development and Research in Banking Technology (IDRBT) has published a blueprint on blockchain implementation in the banking sector, Indian daily newspaper the Financial Express reported on Tuesday, Jan. 22. IDRBT was established by the Reserve Bank of India (RBI) in 1996 in order to conduct research and experiments in the banking sector.…
Crypto Traders Warn Big Bitcoin Price Plunge Is Around the Corner After Stagnancy
For 15 days, the Bitcoin price has been stuck in the same range, consolidating at the same support level at $6,700. Although BTC surged to as high as $7,400 recently, it failed to test a key resistance level at $7,700 and has been stagnant since. Often, when the Bitcoin price becomes stuck in a tight…
$3.6B in Bitcoin vanishes in ‘hack’ along with owners of South African crypto platform
Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack? Around 69,000 Bitcoin has vanished from a South African investment platform along with two brothers who owned the crypto firm.Although the facts are yet to be proven in court, if it…
Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings
With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community. The U.S. government’s previous estimate of the scam that raked in a total of $4 billion seems to be well off the mark, as the figure could be more…
Mt. Gox repayment shakes crypto market, causing volatility
Bitcoin faces immense volatility as Mt. Gox repayments flood the market.
Bithumb Partners With Chainalysis Amid Tightening Korean Regulations
On March 10, major South Korean cryptocurrency exchange Bithumb announced it has partnered with crypto forensics firm Chainanylsis following the passing of new Korean crypto regulations.Bithumb will employ Chainalysis’s “Reactor” investigations tool to examine suspicious activity on its platform in a bid to comply with Korea’s recently amended Special Financial Transactions Information Act.South Korean crypto…
Curve Finance scam app resurfaces amid fake crypto app surge
Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying.