CRYPTO

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Oct 17 2024CRYPTO

Crypto Usage Skyrockets, Report Shows

A new report from a venture capital firm, Andreessen Horowitz, reveals that crypto usage has hit an all-time high. Over 617 million people worldwide now own cryptocurrencies, and around 30 to 60 million are active users. September saw an impressive 220 million unique crypto addresses, a threefold in

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Oct 16 2024CRYPTO

Crypto Cash Pours into Trump's 2024 Campaign

Former President Donald Trump is seeing a windfall of support from the cryptocurrency world. His campaign has raked in over $7.5 million in digital tokens, as revealed in recent filings with the Federal Election Commission. This includes a range of cryptocurrencies, from popular ones like Bitcoin an

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Oct 16 2024CRYPTO

Trump's Crypto Venture Stumbles at Launch

Former U.S. President Donald Trump's crypto platform got off to a rocky start on Tuesday. Only three percent of the digital tokens put up for sale were bought, despite being priced at just 1.5 cents each. Trump, along with his sons and other entrepreneurs, launched World Liberty Financial in Septemb

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Oct 14 2024BUSINESS

Crypto Boom and Big Moves: What's Happening in Stocks Today?

Waking up to a bullish crypto market, stocks linked to digital currencies took off. Bitcoin hit a high of over $64,000, sparking a rise in companies like MicroStrategy and Mara Holdings, with each jumping over 5%. Coinbase wasn't left behind, climbing over 3%. Meanwhile, Flutter Entertainment, the p

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Oct 14 2024CRIME

The Longest Prison Sentences for Crypto Criminals: A Surge in Convictions

Over the past five years, convictions related to crypto crimes have skyrocketed by a shocking 267%. This is according to the Social Capital Markets, a global initiative aiming for a fair and sustainable economy. The most common offenses include money laundering, fraud, and drug trafficking. In the U

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Oct 11 2024CRIME

FBI's Fake Crypto Sting: A New Way to Fight Market Manipulation

Ever heard of the FBI tackling crypto crimes? They did just that by creating a fake crypto token called NexFundAI. This token was designed to look like those used in early AI projects. The goal? To catch criminals who were manipulating the market by making fake trades, a practice known as wash tradi

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Oct 11 2024CRYPTO

Crypto's Casual Takeover of Online Casinos

Online casinos are welcoming cryptocurrencies with open arms, especially in North America and Europe. This trend has given birth to a new term: crypto gaming, which means betting using digital currencies like Bitcoin and Ethereum on games, sports, and esports. Unlike traditional online casinos, cryp

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Oct 11 2024CRYPTO

Falling Stars: A Crypto Couple's Journey from Power to Prison

Once a powerful duo in the world of cryptocurrency, Ryan Salame and Michelle Bond are now facing serious legal troubles. Their story began when they met through their mutual connection to Sam Bankman-Fried, the founder of the now-collapsed FTX crypto exchange. Ryan, a top executive at FTX, was known

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Oct 11 2024CRIME

FBI's Fake Crypto Company Busts Market Manipulators

Imagine a fake crypto company set up by the FBI to nab market manipulators. This isn't a movie plot; it's real life. The FBI received a tip from the SEC about a Boston-based crypto firm called Saitama, which was potentially manipulating markets. They decided to act, creating a fake company called Ne

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Oct 11 2024CRIME

Crypto CEO Vanishes Before Trial, Leaving Investors High and Dry

A cryptocurrency CEO, Horst Jicha, has vanished just before his trial in Brooklyn Federal Court. He was accused of stealing $150 million from investors. Jicha, a German citizen, ran a European company called USI Tech. This company promised investors a daily return of 1% on their bitcoin investments

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