Americans Lost Billions Last Year on Crypto Scams
AP Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses [Read More]
cryptocurrency
Investors Scammed Out Of Millions After “Evil Ape” Rug Pulls NFT Project
Vice Cryptocurrencies are riddled with a dazzling array of scams. Rug pulls, a term for when developers take the money and run, are common. And NFTs, or non-fungible tokens, aren’t immune to [Read More]
Crypto Currency Platform Hit By $160 Million “Glitch”
Markets Insider It was a very rough weekend for Compound, one of the biggest decentralized finance platforms in the world. A routine network upgrade went badly wrong, ultimately leaving $160 [Read More]
India Putting Legislation Together to Criminalize Bitcoin
Reuters India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow [Read More]
Facebook Proposes A Cryptocurrency Of Its Own
Earlier this week, social media giant Facebook proposed the creation of its own cryptocurrency. Called Libra, the digital cash would be based upon on portfolio of major currencies and bond holdings. If [Read More]
Has The Bitcoin Bubble Finally Burst?
It’s been a bad year for cryptocurrencies. Observers are beginning to compare the collapse in value to the dotcom bust of the early 2000s. While Bitcoin has collapsed, it at [Read More]