A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency. Malone Lam, 20, and 21-year-old Jeandiel Serrano, of Los Angeles, were arrested by the FBI Wednesday night, The U.S. Attorney’s Office for the District of Columbia said […]
Continue ReadingCategory Archives: News
Crypto Scams Stole $5.6 Billion From Americans Last Year
Americans reported losing $5.6 billion to cryptocurrency scams in 2023, with older Americans hit the hardest, according to the FBI. The FBI’s first annual Cryptocurrency Fraud Report, published Monday, shows that Americans reported more than 69,000 complaints last year saying they had been scammed into sending cryptocurrency to criminals, often by using commonly available crypto […]
Continue ReadingBitcoin Climbs to More Than One-Week High
Bitcoin touched $61,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed. The largest digital asset rose as much as 2.2% on Monday and changed hands at $60,850 as of 7:03 a.m. in Singapore, the highest level in more than a week. […]
Continue ReadingTrump To Address Bitcoin Conference
Former U.S. president and current Republican presidential candidate Donald Trump will speak at Bitcoin 2024 in Nashville, Tennessee, on July 27, the organizers of the conference said on Wednesday. WHY IT’S IMPORTANT Trump, who is running against Democratic President Joe Biden in November’s U.S. election, presented himself during a San Francisco fundraiser in June as […]
Continue ReadingKabosu, The Dog Behind the ‘Doge’ Internet Meme, Has Died
Kabosu, the shiba inu dog whose quizzical expression starred in an array of “doge” internet memes, has died, its owner said Friday. A picture of Kabosu with a slight side-eyed look went viral around 2013 on Tumblr and various online chatrooms, before it became known as “doge,” one of the most iconic and recognized images […]
Continue ReadingBitcoin Pizza Day
Happy Bitcoin Pizza Day to all who celebrate. Celebrate what, you might ask? Wednesday’s “holiday” marks the anniversary of the day when, in 2010, Laszlo Hanyecz got two pizzas delivered to his house from Papa John’s, which he paid for using Bitcoin, Quartz reports. (How exactly he did so is a bit confusing; you can […]
Continue ReadingCampaign Accepting Contributions Through Cryptocurrency
Donald Trump ‘s presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day. The Trump campaign launched a fundraising page that allows “any federally permissible donor the ability to give” to its political committees using any […]
Continue Reading‘Pig Butchering’ Crypto Scam
Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as “pig butchering,” in which scammers strike online conversations with unsuspecting victims, gain their trust and then steer them into bogus cryptocurrency investments. Brooklyn-based victims were scammed out of at least $5 million after they were convinced to invest in cryptocurrency […]
Continue ReadingRiskiest Scams
Cryptocurrency and other investment scams are now the riskiest type of cons in the U.S., with crypto fraudsters frequently cheating their victims out of thousands of dollars, the Better Business Bureau said. Scammers have found creative ways to cheat investors out of their money, the BBB said in its annual report about the biggest scams […]
Continue ReadingBitcoin Price Prediction
Bitcoin Price Prediction For March – Can BTC Hit A New All-Time High By The April Halving? The Bitcoin price passed $57,000 on Tuesday, trading as high as $57,300 before a marginal pull back. The BTC market capitalization now stands at $1.12 trillion while the total crypto market cap has hit $2.15 trillion, data from […]
Continue Reading