Community members went on social media to report a Trust Wallet glitch that caused their crypto balances to disappear. Source: https://cointelegraph.com/news/trust-wallet-glitch-community-social-media-x?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Spacecoin XYZ launches first satellite in outer space blockchain network
Spacecoin XYZ has taken its first step in launching its extra-terrestrial decentralized physical infrastructure network. Source: https://cointelegraph.com/news/spacecoin-xyz-launches-first-satellite-in-outer-space-blockchain-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme
Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […] Source: https://news.bitcoin.com/us-charges-2-men-in-22-million-nft-rugpull-crypto-fraud-scheme/
$2.2 Billion Stolen in 303 Crypto Hacks in 2024: Chainalysis Report
The 2024 Chainalysis crypto crime report showed that North Korean hackers were responsible for over 60% of stolen crypto. Hackers Made Away With $2.2 Billion in 2024 Crypto hacking remains a serious concern for the crypto ecosystem with a report by Chainalysis showing that $2.2 billion was lost to hackers in 2024 via 303 hacking […] Source: https://news.bitcoin.com/2-2-billion-stolen-in-303-crypto-hacks-in-2024-chainalysis-report/
BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow
Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark. Source: https://cointelegraph.com/news/btc-price-stampedes-99-5-k-record-bitcoin-etf-outflow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum NFT collections drive weekly volume to $304M
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections. Source: https://cointelegraph.com/news/ethereum-nfts-304-million-sales-volume?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fake crypto liquidity pools: How to spot and avoid them
Discover the risks of fake crypto liquidity pools, common scam tactics and practical strategies to identify and steer clear of fraudulent projects. Source: https://cointelegraph.com/explained/fake-crypto-liquidity-pools-how-to-spot-and-avoid-them?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Web3 Cyber Threats Surge in 2024: Cyvers Report
In 2024, Web3 cyber threats led to losses exceeding $2.3 billion across 165 incidents, marking a 40% increase from 2023. Approximately $1.3B Recovered Web3 cyber threats surged in 2024, with losses exceeding $2.3 billion across 165 incidents, according to Cyvers. While 40% higher than the $1.69 billion lost in 2023, this year’s total losses were […] Source: https://news.bitcoin.com/web3-cyber-threats-surge-in-2024-cyvers-report/
Google to require FCA registration for crypto ads targeting the UK
Google said that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA. Source: https://cointelegraph.com/news/google-ads-fca-registration-united-kingdom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
If ETH ‘pullback continues,’ a $3K retrace remains in play — Analyst
Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to $3,000 isn’t entirely out of the question. Source: https://cointelegraph.com/news/ether-price-pullback-3k-retrace-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound