Avenue Securities – a brokerage in Miami, Florida that allows native Brazilians to invest in the United States – is opening its doors to cryptocurrency. The company announced that it has plans to begin trading digital assets like BTC beginning next month. Avenue Securities Turns Towards Crypto Roberto Lee – the chief executive officer and founder – explained in a statement that his firm has seen a lot more demand for crypto-related services from customers, and thus he...
Read More »Lisa Monaco Discusses FBI’s Plans to Hunt Down Crypto Fraudsters
Deputy Attorney General Lisa Monaco says that a new division of the Federal Bureau of Investigation (FBI) has been formed to crack down on cyber fraud and tackle bad actors in the crypto space. Lisa Monaco Says Crypto Security in the U.S. Is a Big Deal The United States as of late appears to be putting the crypto industry at the forefront of its priorities list, though this hasn’t always been a good thing. The recent infrastructure bill passed last summer, for example,...
Read More »Jennifer Robertson, the Widow of Crypto Scammer Gerald Cotton, Is Receiving Death Threats
Jennifer Robertson – the widow of Gerald Cotton, the man behind the Quadriga CX crypto exchange in Canada – is allegedly getting death threats from customers that wound up losing access to their funds due to the death of the company’s founder. Jennifer Robertson Is Taking Some Heat Cotton passed away due to intestinal problems while performing charity work in India in 2018. Cotton was the only man who had the private keys to access the more than $200 million in digital...
Read More »Dr. Anders Apgar Is the Latest Crypto Scam Victim
Dr. Anders Apgar is the latest victim of a crypto scam that utilized bots to steal most of the digital currency he had been adding to his account over the past several years. How Dr. Anders Apgar Walked into the Thieves’ Hands The scam began with a series of what he thought were robocalls and naturally, he tried to ignore them. However, the calls kept on going, and eventually, his wife started to get buzzes on her phone. Eventually, Apgar decided he couldn’t ignore them...
Read More »FTX Crypto Ad Featuring Larry David Irks Viewers
It has become clear that celebrities haven’t learned a darn thing from Matt Damon and his appearance in a commercial for Crypto.com. The Oscar winner has taken a lot of guff for his participation, and now Larry David – the millionaire television mogul behind “Seinfeld” and “Curb Your Enthusiasm” – is experiencing a similar level of antagonism from social media users after he appeared in the FTX exchange’s most recent ad during the Super Bowl. Larry David Follows in...
Read More »Florida Softball Team Inks Deal with Crypto Exchange FTX
The Seminoles – a Florida state softball team – have entered a partnership with FTX, a new and popular cryptocurrency exchange. Several members of the team are now allowing the exchange to use their names, images, and likenesses for ads and other promotional campaigns and getting paid in crypto. FTX Just Keeps Getting Bigger FTX is only about three years old, but the company is already one of the biggest and most powerful digital currency trading platforms in the world....
Read More »Couple Arrested for Role in 2016 Bitfinex Crypto Hack
The Justice Department has arrested a couple in New York for their alleged participation in a crypto scam that occurred roughly six years ago. Ilya Lichtenstein – age 34 – and his wife Heather Morgan, age 31, have been charged with laundering funds garnered through a massive $3.6 billion cryptocurrency hack that targeted popular digital currency exchange Bitfinex in 2016. The Crypto Space Still Sees Its Fair Share of Hacks Cryptocurrency hacks and thievery in the world...
Read More »FTX Is Now One of the Biggest Trading Platforms Out There
Cryptocurrency exchange FTX is one of the newest digital currency platforms out there, but its size, scope, and popularity just keep growing. It’s been announced that the exchange now bears a valuation exceeding $32 billion at the time of writing thanks to a new funding round that occurred earlier in the week, suggesting investors continue to pour their money into this industry despite the regular price dips we’ve been witnessing. FTX Is Headed to the Top of the Ladder...
Read More »Qubit Finance Crypto Platform Hacked; A Lot of Money Is Gone
It’s happened again, folks. Another crypto hack is in the books and a lot of money has been stolen. This time, the victim is a digital currency platform known as Qubit Finance, a defi trading arena. The company is reporting losses of approximately $80 million at the time of writing. Qubit Finance Has Lost Quite a Bit of Money As we have seen from recent reports, crypto crime is growing like crazy, and it makes sense when one looks at how well some of the leading digital...
Read More »Huobi: 2022 Will Be a Bearish Year for BTC
The price of bitcoin has taken another large stumble. So much so that the world’s number one digital currency by market cap has fallen below $40,000. At the time of writing, bitcoin has fallen to a price of roughly $38,000 per unit, and now Huobi – one of the world’s largest and most important crypto exchanges – sees bitcoin experiencing a bear year in 2022. Huobi Predicts a Rough Year for Bitcoin Bitcoin has been falling into oblivion since last November. The currency...
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