CFTC Fines CEO of Cryptocurrency Pyramid Scheme $3.4 Billion
The U.S. Commodity Futures Trading Commission (CFTC) imposed a $3.4 billion fine on the CEO of cryptocurrency pyramid scheme Mirror Trading, Cornelius Johannes Steinberg. A statement from the regulator alleges that Cornelius Johannes Stey ...
Former CFO of African Gold Acquisition Corp Sentenced to 3 Years in Prison for Embezzlement and Crypto Trading Losses
The former CFO of African Gold Acquisition Corp Cooper Morgenthau was sentenced to three years in prison for embezzling funds used to trade cryptocurrencies. Cooper Morgenthau embezzled more than $5 million from African Gold Acquisition Corp, Strategic Metals Acquisition Co ...
New macOS Malware Steals Cryptocurrency Passwords and Private Keys
Security experts at Cyble Research discovered a new malware designed specifically for macOS that steals passwords and private keys from cryptocurrencies.</div The Cyble Research and Intelligence Labs (CRIL) blog reports that the new malware, called Atomic macOS Stealer ( ...
Decentralized Exchange Merlin Hacked for $1.82 Million on zkSync Solution
Hackers have successfully breached Merlin, a decentralized exchange operating on the zkSync solution, and have made off with $1.82 million worth of assets. The stolen funds were then transferred to USDC and moved from the zkSync network to the Ethereum main network. The crypto community has ap ...
Cryptocurrency Phishing Sites Scam Users Out of $4 Million in One Month
ScamSniffer, a platform dedicated to detecting fraudulent activity online, has recently reported that users have lost more than $4 million in just one month as a result of falling prey to cryptocurrency phishing scams. The creators of these malicious sites have been utilizing Google Ads, a contex ...
Arbitrum (ARB) Could Face Sharp Decline to $1.0 as Bearish Breakout Looms
Arbitrum (ARB) broke through the downward resistance line, but failed to develop growth. Now the token could make a bearish break of the long-term structure, which would trigger a sharp drop to $1.0. The token could now make ...
Prominent Cryptocurrency Researcher Uncovers Massive Scam Involving Meme Tokens
ZachXBT, a well-known researcher in the world of cryptocurrency, has made a shocking revelation. According to their recent findings, an individual has been issuing numerous fraudulent "meme tokens" from a particular address over the last 45 days. The wallet in question is 0x739c58807B99Cb274f6 ...
Bitcoin (BTC) Forms Bearish Candle and Breaks Short-term Pattern
Bitcoin (BTC) fell sharply, forming a bearish candle from last week and making a bearish breakout from a short-term pattern As thought, bitcoin formed a local top and triggered a significant correction. However, yesterday BTC began to rebound. Here's how it could affect the long-term dynamics ...
Ripple’s XRP Exchange Rate Analysis: Possible Market Reversal Ahead
The Ripple (XRP) exchange rate declined noticeably on April 19 after rebounding from an important resistance area. However, the formation of the bottom may determine the market reversal. The native token project Ripple (XRP) broke through a downward resistance line on March 21 and rose. On March ...
Binance Coin (BNB) Aims for Bullish Breakout: Technical Analysis
The BNB exchange rate is trading near an important horizontal resistance area. Her breakthrough could appreciably accelerate the growth rate of Binance's native coin exchange The cryptocurrency market sagged last week, but BNB, the native token of leading cryptocurrency exchange Binance, did not ...