Ethereum’s Co-Founder – Vitalik Buterin – recently sent 200 ETH (approximately $350,000 at current valuations) to an address belonging to the crypto exchange Kraken and 500 ETH (over $875,000) to the DeFi protocol Reflexer. He deposited the 500 ETH to mint 150,000 RAI tokens, exchanging most for USDC. The stablecoin passed through some turbulence lately, depegging from its target after Circle revealed a whopping $3.3 billion exposure to Silicon Valley Bank (SVB). The peg has...
Read More »The Number of Crypto Scams on YouTube Is Growing
When it comes to crypto scams, forget about romance, the dark web, or even fraudulent trading platforms. According to a new report, YouTube is the go-to tool for those looking to orchestrate digital currency schemes and steal money from unsuspecting victims. YouTube Is Becoming a Haven for Crypto Fraud The report comes by way of With Secure Inc., a digital security firm that has been monitoring the growing network of crypto fraud schemes via video platforms like YouTube....
Read More »BTC Soars to Highest Point Since June 2022, is $30K in Sight? (Bitcoin Price Analysis)
Bitcoin’s price has surged over the last couple of days and has broken past a key resistance level. While the momentum is highly bullish, there are some caution signals to look out for. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has rebounded decisively from the significant 200-day moving average, located around the $20K mark a few days ago. Since then, the market has been trending impulsively to the upside, finally breaking above the $25K...
Read More »Retail Merchants Linked to Etsy and SVB Facing Delayed Payments
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Read More »Apollo among Investors Eyeing $73.6 Billion of Loans Held by SVB
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Read More »First Republic (FRC) Shares Rebound 40% Following Monday Selloff
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Read More »Patrick Duffy Is One of Many to Have Allegedly Fallen Victim to Crypto Fraud
Patrick Duffy – a certified public accountant (CPA) – is just one of several people in the Bay Area (San Francisco, CA) that appears to have fallen victim to heavy crypto fraud purportedly being conducted by a firm known as 7 On Your Side. Patrick Duffy Has Lost Some Cash Duffy commented in a recent interview that he’s been involved in digital currency for a little while, though he hasn’t actually invested in any specific assets. Rather, he’s put money into crypto and...
Read More »Moody’s Downgrades Signature Bank to Junk while Putting More Banks Under Review
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Read More »Treasury Yields Climb amid Latest Investor Interest Rate Outlook Assessment
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Read More »GTLB Stock Drops Over 30% as GitLab Issues Misses Forecast Revenue
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