Recent findings from Scam Sniffer reveal a startling trend in the world of online scams. Between November 2024 and January 2025, attacks executed via Telegram have increased by an astonishing 2000%, eclipsing traditional phishing schemes that have remained relatively stable. This alarming uptick indicates a strategic pivot by cybercriminals, who are increasingly harnessing the growing
In a climate where digital assets are increasingly recognized as significant components of national financial strategy, Senator Cynthia Lummis has taken a bold stance against the proposed liquidation of 69,370 Bitcoins (BTC) related to the Silk Road. Her concerns extend beyond mere numbers; they address the implications of such financial maneuvers on the economic environment
In recent days, Cardano (ADA) has emerged as a surprising contender in the recovering cryptocurrency market, witnessing a notable uptick in its price for three consecutive days. Such momentum coincides with a broader resurgence within the crypto realm, where the total market capitalization has surged to an impressive $3.7 trillion. As a result of this
Bitcoin, the leading cryptocurrency, has recently clawed its way back above the $97,000 mark, marking a significant recovery after plummeting to under $90,000 just two days prior. This upward movement has ignited discussions among traders and analysts about the ongoing market dynamics for Bitcoin. A recovery of this magnitude typically breeds optimism; however, current sentiment
In a landmark ruling, the U.S. government has mandated that approximately 94,000 Bitcoin (BTC) confiscated during the investigation into the infamous 2016 Bitfinex hack be returned to the exchange. This decision is part of an in-kind restitution process, which indicates a significant legal interpretation regarding victims in the context of cryptocurrency crimes. The crux of
In a remarkable turn of events, the meme coin sector has experienced a significant uptick in recent days, propelled by a broader recovery within the cryptocurrency market. For the first time in weeks, the combined market capitalization of meme coins has surpassed $120 billion, marking a 6.5% increase over the previous day. This resurgence can
On January 14, 2024, a remarkable event unfolded in the realm of non-fungible tokens (NFTs) as the floor price of CryptoPunks surged nearly 15% within a mere three hours. This dramatic price movement was primarily fueled by rampant speculation regarding the potential sale of intellectual property (IP) rights associated with the iconic CryptoPunks collection, owned
Cardano (ADA) has recently found itself at a critical juncture, where it must maintain its position around the $1 threshold to stimulate further growth. The market has depicted a scenario rife with volatility, showcasing a steep 15% dip in its valuation, immediately followed by an impressive recovery that saw prices surge by more than 20%
The appointment of Congressman Tom Emmer as Vice Chair of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence marks a significant shift in the U.S. legislative landscape concerning cryptocurrencies. Announced on January 14 by Committee Chairman French Hill, this new position places Emmer at the forefront of discussions that will potentially guide
On January 15, 2024, the U.S. Department of Justice (DOJ) revealed that BitMEX and its parent organization, HDR Global Trading Limited, were penalized with a hefty $100 million fine due to violations of the Bank Secrecy Act (BSA). This outcome followed the companies’ admission of guilt concerning these violations in July 2024, marking the end
