Category: Latest news
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Crypto investment fraud in the US hits record $2.57B – up 183% YoY
[ad_1] Cryptocurrency investment fraud in the U.S. was up almost 3x year-over-year in 2022 — making investment fraud the “costliest scheme reported,” according to the FBI’s 2022 internet crime report. Crypto fraud up 183% Crypto investment fraud hit a record $2.57 billion in 2022, compared to $907 million in 2021 — a 183% increase on…
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Tether’s circulating supply reaches 10-month high of $74B
[ad_1] Tether’s USDT supply reached 74 billion for the first time since May 2022, according to CryptoSlate’s data. Over the past 30 days, Tether’s supply added roughly 5 billion as its stablecoin rivals like Binance USD (BUSD) and USD Coin (USDC) faced regulatory scrutiny and banking issues. This resulted in investors ditching these embattled stablecoins…
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ECB Rate hike verdict is 50bps, Bitcoin stands firm just below $25k
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $24,642.61 and BTC market dominance is %. The price of Ethereum is $1,644.66 and ETH market dominance is %. The best performing cryptoasset sector is Charity, which gained 2%. [ad_2] Source link
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Bitcoin trades under $25,000 as rival coins falter
[ad_1] In the last 24 hours, the cryptocurrency market cap remained flat at 1.09 trillion despite declining by around 0.16% during the reporting period. Bitcoin market cap increased by 1.65% to $482.10 billion, while Ethereum’s market cap decreased by 0.50% to $203.92 billion, respectively. All top 10 cryptocurrencies recorded losses in the last 24 hours,…
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Self-custody surge: 70K Bitcoin have been sent to self-custody since the collapse of SVB
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $25,014.33 and BTC market dominance is %. The price of Ethereum is $1,666.54 and ETH market dominance is %. The best performing cryptoasset sector is Charity, which gained 5%. [ad_2] Source link
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Shiba Inu community clash over allegations of foul play by developers
[ad_1] Shiba Inu (SHIB) sank 7% over the last 24 hours following allegations Shibarium is a ripped chain. Shibarium is a layer 2 that intends to bring scaling, speed, lower fees, and additional development capacity to the Ethereum chain. It launched its beta test, dubbed PuppyNet, on March 11. However, as documented by @Rancune_eth, the…
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Bailout, bailout bailout! Further backstops and liquidity for Credit Suisse as all roads lead to Bitcoin
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $24,675.77 and BTC market dominance is %. The price of Ethereum is $1,659.29 and ETH market dominance is %. The best performing cryptoasset sector is Charity, which gained 5%. [ad_2] Source link
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Federal Reserve says FedNow will go live in July
[ad_1] The U.S. Federal Reserve has announced that its FedNow service will launch this summer, as seen in a statement from the agency on March 15. FedNow service to launch in July The Federal Reserve said that it will begin to certify FedNow participants in April. It will also engage in validation activities to ensure…
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SEC charges Trump-connected Chinese businessman Guo Wengui over ‘H-Coin’
[ad_1] Guo Wengui — also known as Miles Guo — has been charged over a fraudulent cryptocurrency scheme, according to a statement from the SEC on March 15. SEC files charges against Guo The U.S. Securities and Economic Commission (SEC) said that Guo ran a crypto offering for an asset called “H-Coin” (aka “Himalaya Coin”…
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Bitcoin’s role in the banking crisis – BitTalk #10
[ad_1] In the latest episode of BitTalk, hosts Akiba, James, and Nick discussed the recent surge in Bitcoin’s price, which had surpassed $26k. While the hosts acknowledged the importance of discussing price in the crypto industry, they also pointed out the need to focus on Bitcoin’s use case as a currency and the challenges it…