Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission (SEC) published a new alert about investment scams related to digital assets and cryptocurrency. The announcement shared by the SEC’s Office of Investor Education and Advocacy and Division of Enforcement’s Retail Strategy Task Force highlighted the “devastating losses” faced by the retail investors due
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Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new report. In the past year alone, crypto addresses based in the region have sent the fraudulent schemes a staggering $815 million in crypto. Eastern Europe Leads by Volume of Illicit
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Web3 ecosystem is in the nascent stage and evolving continuously with cutting-edge products and more innovators taking a keen interest in exploring blockchain in general. But, when we talk about web3 adoption at scale, it somehow fails due to some significant hurdles faced by many. For starters, if you’re a new
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Ripple has ended its lawsuit against YouTube for the social media platform’s alleged complicity in a spate of fake XRP giveaway scams, CEO Brad Garlinghouse announced on March 9.Ripple and Garlinghouse filed a lawsuit against YouTube LLC in April 2020, claiming that the platform itself had profited from the fraudulent
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Kumar Gaurav, founder and CEO of cryptocurrency exchange Cashaa, believes the Indian government’s latest efforts to regulate digital currencies are more of an attempt to prevent illicit activities in the industry rather than outright ban crypto.According to a bulletin released by the Parliament of India on Friday, the governing body
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When it comes to the “next big thing” for independent platforms, the newsletter platform Substack has been at the forefront of the charge. The company has lured big-name independent writers such as Casey Newton and Glenn Greenwald to the platform to start their own newsletters. Substack is now also being leveraged
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Summary:2020 had the lowest amount of Bitcoin stolen through hacks and scamsA total of 4,366 BTC was stolen and publicly reportedThis is a 92% drop from 2019 and an all-time low of 0.02% of the total supplyBitcoin investors and traders are getting smarter in terms of securing their investmentA lower
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While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating policies that stifle innovation, placing their countries at a disadvantage in the emerging digital economy.Decentralized finance was a major
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Mikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript.Acknowledging the growing interest in this “relatively new tool,” Mishustin said the government plans to lead the cryptocurrency market’s development in a “civilized direction”
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