Recently, a cryptocurrency enthusiast identified as “LeftsideEmiri” on X recounted a harrowing experience with a social engineering scam that led to the loss of $300,000. The incident unfolded when they received a direct message containing a link to a KakaoTalk meeting, which was purportedly for a business partnership discussion. Trusting the message, LeftsideEmiri clicked on
Crypto
The Pudgy Penguins NFT project has recently announced an exciting development in the cryptocurrency space: the launch of its own native token, Pengu, slated for release on the Solana blockchain later this year. With an impressive total supply of 88,888,888,888 tokens, the Pengu token aims to enhance the community’s engagement and utility within the Pudgy
In the ever-volatile world of cryptocurrencies, PEPE has recently reemerged as a formidable player, launching a bull rally that has captured the attention of investors and enthusiasts alike. In just 24 hours, the popular meme coin surged by an astonishing 20%, peaking at over $0.000026. This significant spike in value follows encouraging market behaviors, particularly
The Financial Times (FT), a respected name in financial journalism, recently ignited a firestorm in the crypto community with a contentious “apology” regarding its long-standing criticisms of Bitcoin. This happened on December 5, 2024, the very day Bitcoin surged beyond the symbolic barrier of $100,000. In an article penned by Bryce Elder, City Editor for
In recent weeks, Bitcoin (BTC) has crossed the monumental mark of $100,000, a milestone that has echoed through the corridors of financial influencers and policymakers alike. One of the loudest voices celebrating this achievement was El Salvador’s President, Nayib Bukele, who has been a proponent of cryptocurrency since 2021 when his administration controversially declared Bitcoin
In recent months, Bitcoin has witnessed an unprecedented price rally, climbing impressively beyond the $100,000 mark for the first time in its history. This surge was particularly notable since it followed a lengthy period of price stagnation and volatility. The massive increase in Bitcoin’s value has undoubtedly created waves of excitement within the cryptocurrency market,
In recent discussions surrounding the financial landscape, Federal Reserve Chairman Jerome Powell has firmly stated his position on Bitcoin, emphasizing its nature as a highly speculative asset rather than a feasible replacement for the U.S. dollar. His remarks at The New York Times DealBook Summit not only reaffirm long-held beliefs about cryptocurrencies but also highlight
Bitcoin, a leading cryptocurrency, has experienced a day characterized by remarkable volatility, reaching an unprecedented peak exceeding $100,000. This surge can be largely attributed to the recent appointment of Paul Atkins as the Chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump. Trump extolled Atkins as a leader who embodies common-sense
The iShares Bitcoin Trust (IBIT), launched by BlackRock on January 11, has set a remarkable precedent in the world of exchange-traded funds (ETFs). Surpassing expectations, it achieved the milestone of $50 billion in assets under management (AUM) in record time. Recent data from SosoValue indicates that IBIT’s AUM currently stands at an impressive $50.60 billion.
MARA Holdings, recognized as Wall Street’s largest publicly traded Bitcoin miner, has recently made headlines by successfully concluding a significant $850 million offering of convertible senior notes. This announcement, shared on December 5 through an X post, highlights the company’s commitment to strengthening its position in the volatile cryptocurrency market. The primary aim of this
