Good morning, readers! Here's what you need to know today: Goldman Sachs believes a Kamala Harris presidency, with a Democratic-controlled House and Senate, is the best-case scenario for the economy. Nvidia stock is experiencing a turbulent week, with its founder Jensen Huang losing $10 billion du
As the 2024 election season heats up, Donald Trump is doubling down on his crypto ambitions. The former president has launched a new trading platform, World Liberty Financial, which he's promoting heavily on social media. But critics are sounding the alarm, warning that Trump's dual role as both bus
It's a tale of caution, a story of how even the most cutting-edge and sophisticated companies can crumble under the weight of deception. Thoma Bravo, a private equity investor, once hailed FTX as the "most cutting-edge, sophisticated cryptocurrency exchange in the world." But now, after the company'
Cryptocurrency exchange Coinbase has just experienced its worst week of the year, with the value of its shares plummeting by 20%. This decline is part of a broader trend in the crypto market, which has seen a significant downturn in recent weeks. What's behind this sudden drop in value? Is it a sign
In the world of cryptocurrency, security is paramount. With the rise of digital wallets, hackers have found new ways to steal sensitive information. Recently, researchers at McAfee uncovered 280 fake Android apps designed to target cryptocurrency wallet owners. These apps disguise themselves as legi
The world of cryptocurrency is filled with risks, and one of the most insidious threats comes in the form of SpyAgent, a malicious Android malware designed to steal seed phrases from unsuspecting users. This malware, discovered by researchers at McAfee, is a masterclass in stealth and strategy, usin
The FBI has released a report highlighting the alarming increase in crypto-investment scams, with Americans losing a staggering $5.6 billion in 2023. For the first six months of 2024, the agency received over 18,000 complaints, resulting in losses of more than $1.9 billion. The scammers' tactics are
The FBI's latest report highlights a startling 45% increase in crypto-related fraud in 2023, with victims reporting losses totaling over $5.6 billion. This surge is largely driven by a jump in investment scams, with nearly $4 billion in losses reported compared to $2.57 billion in 2022. The report u
The FBI's recent Cryptocurrency Fraud Report for 2023 has sent shockwaves through the crypto community, revealing a staggering $5.6 billion in losses due to fraudulent schemes – a 45% increase from the previous year. While only 10% of the complaints received by the Internet Crime Complaint Center (I
The CEO of Coinbase Global, Brian Armstrong, recently emphasized the need for clear regulation in the crypto universe. He believes that such legislation would provide a level playing field, subsequently attracting a massive influx of capital into the crypto space. Armstrong's assertion is that the U
