Crypto scammers steal over $1M from 2 elderly people in Hong Kong

Two senior Hong Kong citizens lost $1.3 million (HK$10 million) in separate scam cases involving cryptocurrencies and mainland Chinese stocks, SCMP reported on May 4. In one case, a 66-year-old businesswoman was... Read more »

Report: Hackers Breach AT&T Email Accounts, Steal Victims’ Crypto Funds

Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained... Read more »

Bitcoin drops with stocks as analyst warns of banking crisis ‘endgame’

Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Too much... Read more »

Law enforcement agencies seize dark-web market amid crackdown on illicit crypto transactions

Law enforcement agencies around the world recently seized and shut down an illegal dark web marketplace called Monopoly Market as part of efforts to crack down on illicit cryptocurrency transactions, according to... Read more »

US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion

Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered... Read more »

How would a US debt default impact Bitcoin?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect... Read more »

CFTC fines South African CEO $3.4B over Bitcoin MLM scheme

The U.S. Commodity Futures Trading Commission (CFTC) said on April 27 that it has obtained a court judgment against a CEO involved in Bitcoin-related fraud. CEO was involved in Bitcoin MLM The... Read more »

Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases

Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty... Read more »

Standard Chartered’s Zodia raises $36M

Global banks continue to expand their cryptocurrency-related capabilities, with the British multinational bank Standard Chartered raising new funding for its crypto platform Zodia. Standard Chartered-backed crypto custody subsidiary Zodia Custody has raised... Read more »

Market volatility swings Bitcoin price wildly in the last 24 hours

In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1.20 trillion — down 0.96% from $1.21 trillion. Bitcoin’s market cap rose 0.43... Read more »
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