Fraudsters exploiting TRUMP and MELANIA tokens are draining wallets through fake websites, tricking users into sharing seed phrases and risking massive cryptocurrency losses. Fraud Wave Rocks TRUMP and MELANIA Tokens: Are Your Funds Safe? Fraudsters have leveraged the rising popularity of meme coins tied to U.S. President Donald Trump and his wife, Melania, creating over […] Source: https://news.bitcoin.com/trump-and-melania-tokens-targeted-fake-sites-fuel-wallet-drains/
Author: Crypto Superhero
North Dakota bill seeks to cap crypto ATM transactions to tackle fraud
North Dakota’s lawmakers have introduced a bill aimed to combat crypto ATM transactions after 103 state residents reported $6.5 million in losses to crypto scams in 2023. Source: https://cointelegraph.com/news/north-dakota-bill-seeks-protect-crypto-atm-users-from-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum fee earnings rise in 2024 despite cost-saving Dencun upgrade: CoinGecko
The Ethereum blockchain’s earnings from fees saw a 3% year-on-year rise from 2023 to 2024 despite the Dencun upgrade early last year, which reduced network fees. Source: https://cointelegraph.com/news/ethereum-2024-fee-earnings-rise-despite-cost-reductions-coin-gecko?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BRICS Challenges Dollar Dominance: Iran Backs Local Currency Framework
BRICS nations are boosting trade in national currencies, a move Iran emphasizes as vital for reducing dollar dependence and countering the economic impact of sanctions. Breaking Free From the Dollar: Iran Pushes BRICS Toward Financial Sovereignty Countries worldwide are increasingly reducing their reliance on the U.S. dollar in international trade, signaling a significant shift in […] Source: https://news.bitcoin.com/brics-challenges-dollar-dominance-iran-backs-local-currency-framework/
Robert Kiyosaki Rejects TRUMP Coin, Doubles Down on Bitcoin
Robert Kiyosaki reaffirmed his commitment to bitcoin, favoring BTC over speculative crypto ventures like the newly launched Trump coin. Why Robert Kiyosaki Sticks With Bitcoin Over TRUMP Meme Coin Robert Kiyosaki, the celebrated author of Rich Dad Poor Dad, weighed in on the official Trump coin (TRUMP) and bitcoin in a post on social media […] Source: https://news.bitcoin.com/robert-kiyosaki-rejects-trump-coin-doubles-down-on-bitcoin/
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
Tiktok’s parent company, ByteDance, may be planning to spend more than $12 billion on AI chips in 2025, the Financial Times reported Wednesday. The move would effectively double its investment from last year, even as its flagship app navigates choppy political waters in the U.S. Chinese tech companies face mounting pressure from Beijing to boost their local industries and reduce their dependency…
Who Is Ross Ulbricht? The Silk Road Founder and Bitcoin Icon Pardoned by Trump
You may have heard of Ross Ulbricht and how President Donald Trump just pardoned him. But who is he, and what’s it got to do with Bitcoin? For years, the crypto community had been calling for Ulbricht to be freed after a judge in 2015 sentenced him to life in prison. Who’s Ross? Ross William Ulbricht, 40, grew up in…
Bitcoin-Backed Internet is here – LayerEdge Launches It’s Incentivized Testnet
PRESS RELEASE. Following the success of its Devnet phase, LayerEdge proudly announces the launch of its Incentivized Testnet, marking a major milestone in the mission to build a Bitcoin-backed internet. The Testnet advances LayerEdge’s vision of extending Bitcoin’s unparalleled security guarantees through groundbreaking technology and a modular approach to trust-minimized verification. Devnet Highlights The Devnet […] Source: https://news.bitcoin.com/bitcoin-backed-internet-is-here-layeredge-launches-its-incentivized-testnet/
House Democrats want ethics probe on Trump over crypto projects
Democrat Representative Gerald Connolly said Donald Trump is unlikely to uphold a “single provision” of the Presidential Ethics Reform Act without intervention. Source: https://cointelegraph.com/news/democrats-call-trump-investigation-crypto-ventures?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fake Trading Volumes: UAE Market Maker Caught in Undercover FBI Sting Operation
The DOJ has announced that CLS Global FZC LLC will plead guilty to market manipulation and wire fraud. If the plea deal is approved, CLS Global will pay a $428,059 penalty consisting of seized cryptocurrency and a fine. CLS Global Busted in FBI Sting Operation The U.S. Department of Justice (DOJ) announced on Jan. 21 […] Source: https://news.bitcoin.com/fake-trading-volumes-uae-market-maker-caught-in-undercover-fbi-sting-operation/