The options market for Ethereum (ETH) has been displaying a significant pattern that catches the attention of traders. Recent data from Deribit, a leading platform for crypto futures and options trading, points towards a concentrated accumulation of call options for ETH centered around the $4,000 strike price. This concentration is observed for both the June
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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
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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
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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
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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
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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
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