Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a public warning about a fraudulent entity pretending to be the legitimate crypto exchange MEXC Global. This deceptive scheme involves luring unsuspecting victims into a crypto investment scam by masquerading as a virtual asset trading platform (VATP). The scammers are utilizing phishing
Cryptocurrency enthusiasts have been captivated by the recent surge in the Cardano price, which is approaching $0.55 and threatening to reach last December’s high of $0.68. However, as investors focus on Cardano’s potential gains, a new and exciting green crypto project called eTukTuk has been quietly gaining momentum. This sustainable transportation-focused web3 start-up aims to
The recent DYM airdrop by the Dymension Network has generated significant attention and excitement within the crypto community. Despite some technical issues with the Dymension mainnet, the price of the native DYM token has doubled, resulting in early participants enjoying a remarkable 162% gain within just 48 hours of token distribution. While this initial rally
The New York Attorney General’s Office (NYAG) has recently expanded its fraud claims against Digital Currency Group (DCG) and its affiliates. The lawsuit, originally alleging over $1 billion in losses, has now been revised to include an additional $2 billion, bringing the total to a staggering $3 billion. This significant increase in losses is said
Treasury Secretary Janet Yellen has called on Congress to enact stricter regulatory measures for cryptocurrencies and to maintain vigilance on deploying artificial intelligence (AI) in financial services. Her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee highlighted the increasing complexity and potential risks within the digital asset sector, as well as the
With Bitcoin (BTC) leading a widespread rally in the cryptocurrency market, investors are increasingly seeking opportunities in smaller-cap altcoins. This article aims to provide an in-depth analysis of the best cryptocurrencies to buy today, considering factors such as market performance, potential for growth, and risk/reward ratio. Solana’s meme coin, Bonk (BONK), recently experienced a significant
In a major development for the cryptocurrency community, Smog Token (SMOG) has announced its plans to shift to become a multi-chain ecosystem using Wormhole. This move comes just 24 hours after the successful launch of Smog Token, which saw a significant price pump and a soaring market cap. As we enter the Year of the
Cryptocurrencies have undergone significant growth in recent months, resulting in a surge in demand for custodial accounts. This article will explore the reasons behind this increased interest in custodial solutions and analyze how investor behavior has shifted towards short-term utilization of such wallets. The hype surrounding the spot Bitcoin exchange-traded fund (ETF) has played a
As the Lunar New Year approaches, anticipation is growing worldwide. The Year of the Wood Dragon is on the horizon, and people are eagerly preparing for the festivities and embracing the promise of new beginnings. This year, however, there is an added air of intrigue surrounding the MetaStones DAO and its enigmatic creation, the Dragon
Bitcoin has once again defied expectations as it surged past the $46,000 mark on February 9th, overcoming a significant resistance level at $44,000. This breakthrough comes after weeks of struggle, with the resistance hindering price increases ever since the introduction of spot Bitcoin ETFs in the United States about four weeks earlier. However, fueled by