With the rise of cryptocurrency, scams have also become more sophisticated. One of the most common scams is the Ponzi scheme, where money from new investors is used to pay returns to earlier investors rather than generating legitimate profits. Ponzi Scheme Explained A Ponzi scheme is a fraudulent investment scam that promises high returns with…
Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump’s Crypto Ties and Musk’s Expanding Power Four U.S. senators, including Elizabeth Warren, along with Representative Jamie Raskin, sent a letter to…
CryptoQuant CEO Ki Young Ju has declared that Bitcoin’s bull cycle has ended, forecasting up to 12 months of bearish or sideways price action based on onchain metrics. Quick Take delivers key facts fast—concise, clear, and easy to read. Perfect for busy readers. Key Details: Ju cited fresh liquidity drying up and new whales selling at…
The trade price of Tron ($TRX) Cryptocurrency seems unstoppable, despite the escalating bear sentiments in the crypto space. Summary Tron ($TRX) price is sharply pumping. $TRX coin will be launched on the Solana network. Bear sentiments triggering in the crypto sector. Tron is a popular Proof-of-Stake (PoS) Cryptocurrency known for its fast & efficient transaction…
On Tuesday, onchain investigator ZachXBT raised alarms about the growing prevalence and severity of exploits within the cryptocurrency sector, highlighting the recent Bybit breach as a critical example. ‘This Industry Is Unbelievably Cooked,’ Says Investigator His latest commentary delivers a scathing assessment of the industry’s approach to security, regulatory compliance, and efforts to combat illicit…
In the wake of U.S. President Donald Trump’s establishment of a Strategic Bitcoin Reserve (SBR), speculation has emerged regarding potential Department of Defense (DoD) initiatives to engage in cryptocurrency mining. Is the DoD Entering the Bitcoin Mining Arena? An X Post Sparks the Discussion On March 17, Michelle Weekley, an executive at cryptocurrency enterprise Byte…
Roles of the Blockchain layers: Layer 1 performs the basic functions Layer 2 works to increase the efficiency and reliability Layer 3 facilitates contact between networks and decentralizes the applications. Understanding the Differences – Layer 1 vs Layer 2 vs Layer 3 Users face several challenges during the use of blockchains, such as slow transactions…
Crypto.com has greenlit the controversial re-minting of 70 billion CRO tokens, overriding widespread community opposition with a last-minute surge in validator votes controlled by the exchange. Crypto.com Re-Mints 70 Billion CRO Tokens After Last-Minute Vote Surge Crypto.com has pushed forward a highly contentious proposal to re-mint 70 billion CRO tokens, previously burned in 2021, despite…
The Bank of Korea (BoK) has ruled out the possibility of including bitcoin in its foreign exchange reserves. Despite rising global talk about bitcoin being part of national financial strategy, South Korea’s central bank remains firm, citing high volatility and liquidity concerns. Representative Cha Gyu-geun of the National Assembly’s Planning and Finance Committee asked the…
Binance crypto exchange announced a very big brilliant move with Binance Alpha 2.0 to push the adoption of DEX & CEX crypto trading platforms simultaneously. Summary Binance Wallet announced Binance Alpha 2.0. Trading of DEX tokens is now very easy for Binance users. Bull sentiments around the BNB chain surged rapidly. Binance is a top-ranked…
