Auto Added by WPeMatico

Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud

The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams.…

Continue ReadingSurge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687…

Continue ReadingMt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6…

Continue ReadingBitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop

Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the…

Continue ReadingTron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop