85-year-old former attorney David Kagel has admitted guilt in a conspiracy to operate a cryptocurrency Ponzi scheme, defrauding victims of over $9.5 million. Once a legal authority figure in Beverly Hills, California, Kagel now faces a maximum penalty of five years in prison for his involvement in the Ponzi scheme. Crypto Ponzi Scheme Kagel stood accused of collaborating with co-conspirators to lure victims into a fake crypto investment scheme promising investors high-yield...
Read More »Grayscale Survey Shows 47% of US Voters Want Crypto in Their Portfolio
Geopolitical tensions and inflation have prompted an increasing number of American voters to turn to Bitcoin, according to a recent Harris Poll survey of likely U.S. voters. Funded by Bitcoin ETF issuer Grayscale, the survey reveals that one in three U.S. voters will consider a political candidate’s stance on cryptocurrencies before deciding how to vote. Surge in Voter Interest in Crypto The poll included responses from over 1,700 likely U.S. voters. It revealed that 77%...
Read More »Crypto Expert Says This Crypto Bull Run “Will Melt Faces”, Top 3 Altcoins To Take Advantage Of The Surge
A crypto expert has predicted a major bull run in 2024, describing this event as one that will “melt faces.” According to the analyst, this bull run will see three top altcoins, ETFSwap (ETFS), Arbitrum (ARB) and Cosmos (ATOM), experiencing massive price spikes. ETFSwap (ETFS) Leads Altcoins As It Gears Up For Bull Run Rally Above $1 Among the numerous altcoins in the industry, investors are betting big on ETFSwap (ETFS) to take advantage of the upcoming bull run. This crypto project is set...
Read More »RCO Finance (RCOF) vs. Dogecoin20 (DOGE20) – A Strategic Comparison of Market Impact
Cryptocurrency investors are constantly seeking opportunities that offer both innovation and potential for significant returns, and two such projects that are making waves in the market are RCO Finance (RCOF) and Dogecoin20 (DOGE20). While both projects have garnered attention for their unique features and offerings, a strategic comparison can illuminate their respective market impacts and investment potentials. Dogecoin20 (DOGE20): Riding the Waves of Memecoins Dogecoin20, a...
Read More »$TRUMP Presale: The Next ICO Offering Real-World Utility and Impact
[PRESS RELEASE – Port Charlotte, United States, June 2nd, 2024] $TRUMP Coin: A Revolutionary Cryptocurrency with Real-World Utility and Philanthropic Mission. TrumpCrypto.io is excited to announce the launch of the $TRUMP Coin Initial Coin Offering (ICO), a groundbreaking cryptocurrency designed to merge digital innovation with tangible real-world benefits. With a total supply of 8,000,000,000 tokens and a pre-sale price of 0.016 USDT per token, $TRUMP Coin offers a unique...
Read More »Here’s Why Bitcoin Needs Scaling Solutions, According to Binance
The onboarding of new Bitcoin users and the creation of new use cases for the leading digital network continue to emphasize the need to build scaling solutions on the blockchain. A new research report by crypto exchange Binance, The Future of Bitcoin, outlines reasons why the crypto network needs strong scaling solutions. Why Bitcoin Needs Scaling Solutions In December 2022, Casey Rodarmor launched the Ordinals protocol, which led to the creation of inscriptions and triggered...
Read More »DogeMob Expands Ecosystem with Game Development, Staking, Listings on BitMart, and MEXC, Gate.io and Bitget
[PRESS RELEASE – Sydney, Australia, June 2nd, 2024] DogeMob, a prominent player in the meme coin sector, today announced several key developments and updates that underscore its evolution from a meme-driven concept to a multi-faceted crypto platform. With a range of new features and significant community growth, DogeMob is set to enhance user engagement and utility within its ecosystem. DogeMob has recently expanded its presence on global cryptocurrency exchanges. Following...
Read More »Here’s How Much Crypto Was Lost in May Due to Hacks: CertiK
According to blockchain security firm CertiK, the cryptocurrency sector lost $42.6 million in May to exploits, flash loans, and exit scams. Despite these setbacks, approximately $96.2 million was recovered, offering some relief from the economic impact. Flash Loan Attacks Dominate Blockchain Losses Flash loan attacks caused the largest losses in the crypto sector, totaling approximately $20.7 million. Sonne Finance suffered the most, losing $20 million, followed by TLN...
Read More »Retik Finance (RETIK) takes center stage as token FOMO grabs Crypto World
Retik Finance (RETIK) emerges as a beacon of innovation and opportunity. With its groundbreaking decentralized finance (DeFi) solutions, RETIK has garnered widespread attention, igniting a fervent fear of missing out (FOMO) within the crypto world. This article delves into RETIK’s rise to prominence, exploring its transformative features, strategic partnerships, and exponential growth. As RETIK takes center stage, the allure of participating in its success becomes palpable, driving...
Read More »Researchers Regain Access to 11-Year-Old Crypto Wallet, Recover BTC Worth $3M
Two cybersecurity researchers have helped an anonymous crypto user recover 43.6 bitcoins (BTC) he lost 11 years ago after he lost access to the wallet holding the assets. According to a YouTube video detailing the incident, researcher Joe Grand and his friend Bruno hacked time to reverse engineer the password generator used to create the password for the wallet holding the BTC. Although the process was rigorous, it helped them regain access to the wallet and recover the lost...
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