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Tag Archives: Bitcoin News

Two Men in Nigeria Arrested for Crypto Fraud

Two men in Nigeria have been arrested for allegedly taking part in crypto fraud. The pair obtained quite a bit of money by cheating investors and lying to them about their potential returns. Two Arrests for Crypto Fraud in Nigeria Force PRO – which is the national cybercrime force in Nigeria – said that the duo admitted to being part of a larger syndicate that specialized in defrauding people of their hard-earned funds. The syndicate is reported to attack investors in...

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Mining Pool BTC.com Hacked; $3 Million Goes Missing

It’s happened again, folks. Another crypto hack is in the books. This time, the victim is alleged to be BTC.com, one of the biggest crypto mining pools in the world. BTC.com Hacked; A Lot of Money Gone The mining pool is believed to have lost as much as $3 million at the time of writing, which on paper, doesn’t appear as big as some of the other major hacks and scams that have occurred within the confines of the crypto space in recent years. However, it’s still another...

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#1133 Bitcoin Fear & Greed, 43 Mio Bitcoin Hodler & Indian RBI Krypto Verbot

1.) Bitcoin steps out of ‚Fear‘ for the first time in nine monthsThe Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.https://cointelegraph.com/news/bitcoi… 2.) Bitcoin Disciples: Only 43.5 Million Own The Crypto Globally, Study Shows https://newsbtc.com/all/bitcoin-only-… 3.) Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‚It Will Undermine Authority of...

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Mark Cuban: Forget Gold, Invest in BTC

Despite everything that’s happened in 2022, Mark Cuban is doubling down on his love of bitcoin and says he’s hoping to purchase more of the world’s number one digital currency by market cap should it drop even lower. Mark Cuban Doesn’t Like Gold That Much 2022 was a rough year for bitcoin and the crypto space. Bitcoin fell by more than 70 percent in value and ended the year trading in the high $16,000 range. This is way off the mark from the $68,000 per unit that it...

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Crypto Magnates Like Changpeng Zhao Saw Their Net Worth Crash in 2022

2022 was a year of loss, and many crypto billionaires – from Changpeng Zhao of Binance fame to the Winklevoss Twins who run the Gemini exchange – have lost a ton of money. So much in fact, that in just nine short months, many of them have seen their net worth virtually collapse – in some cases, to zero. Changpeng Zhao and Others Have Lost Tons of Money Changpeng Zhao, for instance, had a net worth of approximately $65 billion in March of last year. By the end of...

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Australian Authorities Say Crypto Is Too Often Used for Money Laundering

Australian law enforcement agents are claiming that crypto has become the number one go-to tool for those looking to commit money laundering or financial fraud. Australian Authorities Issue Crypto Warning Senior executives of the Australian Transaction Reports and Analysis Center (AUSTRAC) claim crypto has become part of the “money laundering tool kit,” and that using digital currency technology to sneak and hide funds from prying eyes has become standard behavior in the...

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Warren Buffett: Forget Gold and BTC, Invest in Stocks!

Warren Buffett is telling all his followers that buying bitcoin or gold during times of war is a terrible mistake. He is telling them all to avoid these assets and to avoid hoarding cash and to put all their money into stocks, as these are the only safe assets that can assuredly build wealth in the long-term. Warren Buffett: Stocks Are the Only Answer Buffett has never been a big bitcoin fan. He has often referred to it as “rat poison squared” and applied other...

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