Crypto news

Money Mules (Bildquelle: SKP) Aktuell warnt die Polizei eindringlich vor Gelwäschern: Kriminelle suchen über diverse Online-Plattformen, via Social Media oder Zeitungsinseraten nach «Money Mules» (dt. Geldesel), deren Bankkonten sie für ihre Zwecke, die Verschiebung von deliktisch erwirtschaftetem Geld, nutzen können. Die Anzeigen sprechen häufig Personen an, die auf Jobsuche sind oder sich in finanziellen Engpässen befinden. Doch hier ist...

The Swedish resident – Roger Nils-Jonas Karlsson – pleaded guilty to luring at least 3,575 people into a fraudulent Bitcoin investment scheme. According to the investigation, he embezzled more than $16 million from his illegal actions and will spend the next 15 years in federal prison. The Pension Plans Turned out to Be a BTC Scam The Department of Justice (DOJ) revealed that the 47-year-old Roger Nils-Jonas Karlsson skimmed thousands of people in a typical “Ponzi scheme”...

With Grayscale Bitcoin Trust (GBTC) biggest BTC unlocking event scheduled to happen in the middle of July, many market analysts and traders are worried about the potential effects of this event on bitcoin’s price and the crypto market in general. However, crypto trading firm, QCP Capital, believes the unlocking will not pose any significant threat to the market’s balance. What Is The GBTC Unlock? Grayscale Bitcoin Trust is the largest traded crypto fund in the world, owned by...

The producers of the popular reality TV show “Queer Eye for the Straight Guy” have revealed plans for a new program that crypto fans are likely to enjoy. The premise of the show involves several digital currency investors that have lost access to their hardware wallets. Crypto Fans Are Getting Their Own Show Lost login information is one of the main reasons why so many bitcoin units have vanished over time. Many individuals have stored millions of dollars of BTC in their...

Approximately 8 out of 10 wealth managers and institutional investors from the US, France, Germany, the UAE, and the UK said they would enhance their crypto exposure between now and 2023. 40% of them plan to “dramatically increase their holdings.” High Hopes on Crypto A recent survey conducted by a European investment manager dedicated to cryptocurrencies – Nickel Digital Asset Management (Nickel) – revealed that more than 80% of the asked investors expect to increase their...

Oscar-winning screenwriter and director Spike Lee – famous for films like “Malcolm X” – is getting involved in the cryptocurrency scene. New Coin Cloud Commercials Will Feature Spike Lee Lee has agreed to appear in a series of commercials for digital currency kiosk company Coin Cloud, which allow users to purchase virtual assets such as bitcoin. Lee says he has learned his lesson about not getting involved in speculative or new industries given that he had an opportunity...

Massachusetts’ democratic senator Elizabeth Warren is the latest politician to express her disapproval and distrust for cryptocurrency exchanges. In a recent letter, she asked the Securities and Exchange Commission (SEC) to examine the prospects surrounding crypto exchanges and do an analysis regarding the harm and risks they potentially pose to consumers. Elizabeth Warren Isn’t Crazy About Crypto Exchanges Crypto exchanges have often taken guff for their lack of...

Binance, the world’s largest cryptocurrency exchange by trading volume for recent years, has faced lots of scrutiny from various watchdogs lately. Keeping in mind that it’s one of the most important companies in the crypto industry, as of today, it’s worth exploring what could be the impact of this threat for the entire industry, or whether it’s just a temporary FUD. The Growing List of Regulators After Binance Founded in 2017 following a successful $15-million ICO, Binance...

The cybersecurity firm Lookout detected numerous crypto mining scams employing hundreds of fake Android applications. The fraudulent scheme affected at least 93,000 people and stole more than $350,000 from them. Stealing Money Instead of Mining Crypto According to a recent report, the security company Lookout discovered 172 bogus Android applications meant to be used for digital assets mining. Instead, the apps turned out to scam at least 93,000 victims and embezzled some...

Amidst another low-volume weekend, there are many signs that the bitcoin price is anticipating a huge move, probably over the next few days or even before. Looking at the bigger picture, BTC had been trading between $30K and $42K since the May-19 crash, and between $30K and $35K since June-19. Overall, BTC faces a decision point ‘flirting’ with a significant descending trend line that dates back to mid-May, the last time BTC was trading above $50K. Looking at a more...