Australians lose $148.3 Million to Cryptocurrency Scams in 2022
According to the latest report by the Australian Competition and Consumer Commission (ACCC), cryptocurrency scams in 2022 resulted in a loss of $148.3 million to Australian citizens. The regulator received 3,910 reports of cryptocurrency fraud over the past year, with an average loss of $37,900 p ...
Ray Youssef Unlocks 88% of Frozen Accounts on Paxful
Ray Youssef, the co-founder of the now-defunct P2P marketplace Paxful, has revealed that 88% of previously frozen accounts have been unlocked and that users can now withdraw their funds from the platform. Youssef made the announcement via Twitter, stating that this feat was accomplished in just 1 ...
BTC Dominance Index Falls as Long-Term Investors Move to Altcoins
Bitcoin has been above the round $30,000 mark for almost a week, but has now slipped below it.. Perhaps this is due to the BTC dominance index and the behavior of long-term investors According to the results of the 1st quarter of 2023, Bitcoin (BTC) became the most effective asset, having strengt ...
Dogecoin (DOGE) Price Analysis: Potential Growth to New Highs in 2023
The Dogecoin (DOGE) price may have just entered the first phase of growth, which could eventually lead the price to new highs this year The popular DOGE meme coin created by the Dogecoin project has been declining along a descending resistance line since November 2022. The price bounced off th ...
Cardano (ADA) Breaks Through Resistance Levels: Potential Bullish Reversal Ahead
Cardano (ADA) has broken through long- and short-term horizontal resistance levels, confirming a potential bullish reversal ADA is the native token of the Cardano blockchain platform created by Charles Hoskinson. As the results of the technical analysis of the daily chart show, the outlook for ...
Hackers Target Hundred Finance’s Multi-Chain Lending Protocol, Resulting in $7 Million Loss
Over the weekend, Hundred Finance's multi-chain lending protocol was targeted by hackers, resulting in a loss of $7 million. The PeckShield analytics platform reported that the attacker used a technique where they donated 200 WBTC to manipulate hWBTC's rate and subsequently drained the lending po ...
Crypto Lender Celsius Network Files Charges Against Crypto Blogger Tiffany Fong for Trade Secret Leak
Crypto lender Celsius Network has taken legal action against former client and crypto blogger Tiffany Fong for allegedly disclosing confidential trade secrets. Fong has posted over 20 videos on YouTube and other social media platforms criticizing the company since June 2022, according to Celsius. ...
Phishing Attack on MetaMask Leads to Unauthorized Access of Users’ Personal Information
MetaMask, the popular crypto wallet, has recently fallen victim to a phishing attack that has caused the unauthorized access of personal information belonging to its users. ConsenSys, the parent company of MetaMask, has confirmed that users who had submitted personal data to a third-party custome ...
Bitrue cryptocurrency exchange hacked for $23 million
On April 14, 2023, the technical support team of the Bitrue cryptocurrency exchange reported a hacker attack in which the attackers were able to withdraw approximately $23 million worth of cryptocurrency assets. The security specialists of Bitrue discovered a vulnerability in one of the hot walle ...
Top Altcoins Showing Maximum Increase: Woo, Arbitrum, RNDR, SOL, and INJ
The editors of BeInCrypto compiled a top list of altcoins that showed the maximum increase for the week from April 7 to April 14 Woo Network (WOO) at the forefront of successful altcoins According to the results of the technical analysis of the daily chart, the WOO rate h ...