Ark 21Shares Becomes Third Bitcoin ETF to Top $1 Billion After Big Inflow Day
On Feb. 9, Ark Invest reported that its ARKB ETF had crossed $1 billion in Bitcoin holdings. “This isn’t just a number – it’s a testament to the growing trust…
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Here’s How Much Crypto Scammers Drained From Victims in January Alone
According to Scam Sniffer, scammers stole $55 million worth of cryptocurrency in January alone and set up more than 11,000 phishing websites. Notably, most of these thefts occurred on the…
Chinese Bitcoin Miners Opt for Ethiopia’s Cheap Energy and Ideal Climate
Chinese Bitcoin miners have set their sights on Ethiopia in a strategic move driven by the pursuit of cheap energy and favorable climates. Last spring, cargo containers near electricity substations…
US Bans AI-Generated Voices Used in Scam Robocalls After Biden Impersonation Frauds
To crack down on fraudulent activities and safeguard consumer interests, the Federal Communications Commission (FCC) has officially prohibited using artificial intelligence-generated voices in unwarranted robocalls across the United States. This…
UK Authorities Strike Back: 43 Fraudulent Web Domains Blocked in Cybercrime Crackdown
Phishing attacks have wreaked havoc in the crypto industry. In a recent move to combat cyber fraud, the National Fraud Intelligence Bureau (NFIB) in the United Kingdom announced the blocking…
Crypto Is Bad? Cash Still the Primary Tool for Money Laundering, US Treasury Reports
The U.S. Treasury Department has reported that despite the growing trend of illicit actors turning to cryptocurrencies for money laundering and financing, cold hard cash remains their preferred tool. In…
NYAG Triples Fraud Estimate in DCG Lawsuit to $3 Billion
New York Attorney General Letitia James has massively expanded her lawsuit against Digital Currency Group (DCG) for allegedly defrauding hundreds of thousands of investors in its relationship with Genesis and…
Here’s How Americans Could Have Saved $74B in Fees in a Single Year, According to Coinbase
Coinbase, the largest cryptocurrency exchange in the U.S., believes American households could have saved approximately $74 billion in credit card transaction fees in 2022 if they used blockchain technology. In…
Bitcoin Miner Selling Pressure Lowers as BTC Price Goes Above $47K: CryptoQuant
On-chain analysis by market intelligence platform CryptoQuant has found that selling pressure from Bitcoin miners has eased and remained low despite a significant decline in transaction fees. According to the…
Here’s MicroStrategy’s Unrealized Profit on its Bitcoin Investment as BTC Soared Past $47K
MicroStrategy announced another purchase that was completed in January and took its entire holdings to a mindblowing amount of 190,000. This fortune was amassed over the past three and a…
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