Bitget Research: The number of crypto traders in the UAE is growing by 166% daily
According to analysts at Bitget Research, it is predicted that by the end of 2024, the number of traders from the United Arab Emirates (UAE) actively participating in daily transactions on global cryptocurrency platforms may exceed 700,000 individuals. This increase in participa ...
71-year-old digital artist from India became a victim of crypto scammers
A 71-year-old digital artist from India fell victim to a scam orchestrated by individuals pretending to be art dealers specializing in non-fungible tokens (NFTs). The elderly artist lost approximately $1895.In October 2023, the scammers reached out to the artist through ...
Hacker who hacked Mango Markets protocol found guilty of fraud
A Manhattan jury found a Puerto Rican individual, Avraham Eisenberg, guilty of fraud for hacking Mango Markets. The final verdict from the New York District Court is scheduled to be delivered on July 29, marking the end of the trial.In October 2022, the Mango Markets de ...
An Indian man admitted to creating a fake Coinbase website and stealing $9.5 million.
Indian resident Chirag Tomar, who was apprehended in the United States at the end of 2023, confessed to creating a counterfeit Coinbase platform with the intention of pilfering users' assets. His scheme successfully resulted in a theft amounting to $9.5 million.In 2021, ...
Hackers withdrew at least $1.9 million from Hedgey Finance DeFi protocol
A vulnerability in the decentralized finance protocol Hedgey Finance has been exploited by attackers, resulting in the withdrawal of at least $1.9 million. However, the extent of the actual losses could be even greater.According to cybersecurity firm Cyvers, the hackers ...
Polygon (MATIC) holders are expecting a 20+% rally
Polygon (MATIC) is gaining traction among HODLers, which could lead to a quicker-than-anticipated price rise. The focus of Polygon investors is on growth and their behavior is a key driver for MATIC. The participation of investors in the network indicates that they are not currently in ...
Ethereum (ETH) price is heading towards $3,500
The current strength and resilience in the Ethereum (ETH) market could potentially lead to a recovery and a breakout to new local highs. Optimistic Outlook for Ethereum Investors Despite the recent drop in price, Ethereum investors remain hopeful for growth. The fact that the token ...
Fetch.ai (FET) forecast: consolidation amid increasing bearish sentiment
The recovery of Fetch.ai (FET) has commenced, but the popular AI token may not be able to fully recover its lost profits as it faces consolidation in the market. Fetch.ai Investors on HoldOver the past few days, there has been a noticeable bearish sentiment surrounding the price of ...
Ripple (XRP) price at a crossroads: 13% up or down
In the near future, owners of the Ripple XRP project token may opt to sell their assets or initiate a series of purchases in order to avoid a bearish scenario. The resilience shown by Ripple investors during the negative price reversal indicates that they are willing to remain patient and ...
Almost 1 billion Polygon (MATIC) tokens are leaving the profit zone
After the significant decline, Polygon's potential path forward appears to be focused on growth, which may influence the actions of MATIC holders. Polygon investors are more inclined to buy rather than sell The correction in MATIC's value has resulted in losses for investors to such ...