The Cybercrime Investigation and Coordinating Center (CICC) issued a warning on Christmas Eve about a sharp rise in cryptocurrency investment scams in the Philippines. CICC Executive Director Alexander Ramos revealed that banks have flagged multiple cases of depositors losing millions […]
Authorities Warn Public Against Surge in Crypto Scams Read More »
Crypto scams evolved in 2024, with “pig butchering” scams draining $3.6 billion globally, according to Web3 security firm Cyvers. A Rising Tide of Crypto Scams The Cyvers report highlighted a 40% increase in cyberattacks compared to 2023. Despite a decline
Pig Butchering Crypto Scams Wiped Out $3.6 Billion in 2024 Read More »
On December 16, Bitcoin reached a staggering $106,300 per coin, solidifying its place as the leading cryptocurrency. This surge catapulted its enigmatic creator, Satoshi Nakamoto, into the elite circle of centi-billionaires, ranking among the top 20 richest individuals globally. The
From Crypto Genius to Centi-Billionaire: Satoshi Nakamoto’s Wealth Soars Read More »
Nigeria’s Economic and Financial Crimes Commission (EFCC) carried out a large-scale raid in Lagos, the country’s largest city, arresting 792 individuals suspected of being part of a crypto romance scam operation. The arrests, which took place on December 10, included
Nigeria Arrests Nearly 800 in Crypto Scam Operation Read More »
The launch of PENGU, the much-anticipated token by Pudgy Penguins on the Solana blockchain, faced a rocky start as its value plummeted by over 54% within just 24 hours. The token initially surged to $0.068 but quickly fell to $0.031,
PENGU Falls 55% Hours After Airdrop as Meme Coins Tank Across the Board Read More »
Ripple’s much-anticipated stablecoin, RLUSD, is now available on major crypto exchanges. This marks a significant milestone for the U.S.-based crypto company as it enters the competitive stablecoin market. Key Details About the Launch RLUSD, pegged to the U.S. dollar, officially
Ripple’s RLUSD Stablecoin Goes Live on Global Exchanges Read More »
Kim Nam-kook Faces Jail Time for Hiding 10 Billion Won in Crypto Kim Nam-kook, a former member of South Korea’s Democratic Party, has been sentenced to six months in jail for concealing cryptocurrency assets. The ruling, delivered on October 28,
Former South Korean Lawmaker Sentenced for Concealing Cryptocurrency Assets Read More »
While NFTs have lost much of their initial hype in Europe and the US, Japan remains a fertile ground for this technology. Nissan’s new web3 loyalty program highlights the ongoing appeal of NFTs in the country, blending cultural elements and
Nissan Enters Web3 Loyalty Space as Nike and Adidas Take Different NFT Paths Read More »
The non-fungible token (NFT) market is showing signs of a strong recovery as December kicks off. Weekly sales volume hit $187 million in the first week, reflecting continued growth since October. Here’s a closer look at the driving forces behind
NFTs Begin December with a Bang: $187M in Weekly Sales Volume Read More »
The cryptocurrency market witnessed a dramatic spike in activity around XRP, with whales seizing the opportunity to accumulate massive holdings during a significant price dip. Here’s what happened and what it means for the market. Whales Scoop Up 120 Million
120 Million XRP Snatched on Price Dip: Whale Activity Surges Read More »
