The FBI’s Internet Crime Complaint Center (IC3) has revealed a sharp rise in cryptocurrency-related fraud. Americans lost $5.6 billion in 2023—a 45% increase from the previous year. The IC3’s annual report recorded over 69,000 complaints, underscoring the growing exploitation of digital currencies in various scams. Investment fraud was the most
In the past few weeks, the crypto regulatory division has seen an increase in activity after the recent market lull. Recently, the Nigerian SEC announced that it would be taking action against unlicensed crypto exchanges. Amid the actions and other lawsuits, Binance saw an advancement in terms of regulations. Notably,
Woo X, a prominent Taiwan-based cryptocurrency exchange, has unveiled a groundbreaking copy trading feature. This new offering promises to revolutionize social trading by allowing users to mirror top traders’ strategies with an innovative twist. The new copy trading feature at Woo X stands out due to its unique counter-trading capability.
Trust Wallet, a leading decentralized crypto wallet backed by former Binance CEO Changpeng Zhao (CZ), is experiencing remarkable growth in Africa and South Asia. Users in these regions increasingly seek stablecoins like USDC to secure their financial assets. The rise in adoption highlights the growing trust in on-chain wallets, particularly
Ethereum co-founder Vitalik Buterin has found himself at the centre of speculation after significant Ethereum (ETH) wallet transfers linked to him. Last week, a multi-signature wallet that received 3,800 ETH from Buterin between August 9 and August 30 initiated a selling spree, as reported by SpotOnChain. The wallet sold 760
Crypto Staking has become one of the most popular ways to earn a passive income by investing in cryptocurrencies. With the evolving nature of cryptocurrencies, CryptoHeap has gained a greater place in the market values and the investors have the opportunity to gain higher rewards. This article will provide you
The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement. The organization’s treasury has witnessed a significant reduction, with its main wallet holding approximately $650 million. This represents a steady decline in the foundation’s holdings since March 2022. At that
dWallet Network rebranded to Pera yesterday. The project’s growth and emphasis on expediting developer access to Zero Trust Protocols (ZTPs) are reflected in the new name. The platform’s primary purpose of securely maintaining digital assets across many networks is still unaltered, and the dWallet primitive continues to be the fundamental building
Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card. This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give
Kroma is integrated with OKX Wallet, providing users seamless access to an innovative and high-performance Layer 2 network. Kroma is excited to announce its integration with OKX Wallet, a leading global Web3 platform. This partnership marks a significant step in Kroma’s mission to drive mass adoption of Web3 by making
