Tag Archives: News

Litecoin is trading in a positive zone above $55 against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $60 resistance zone. Litecoin price is rising above $55 against the US Dollar, similar to bitcoin. LTC price could continue to move up...

Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing with the Crypto Space Voyager Digital is now the latest victim of the crypto space’s ongoing demise. A few weeks ago, the company suspended all withdrawals – clearly following in Celsius’ footsteps – and commented that the volatility the space was experiencing was unlike...

Binance – the world’s largest and most popular cryptocurrency exchange according to trading volumes – has announced it’s eliminating some of its trading fees. Binance Bids Adieu to Some Trading Fees The fees are being removed for approximately 13 separate trading pairs. The founder of the exchange Changpeng Zhao stated in a recent interview: In line with our user-first philosophy, Binance has always strived to provide the most competitive fees in the industry. At its...

Paxful – a global peer-to-peer (P2P) fintech platform – is working with iProov, a company that specializes in biometric authentication technology. Together, both firms will utilize the facial recognition technology iProov is known for to verify customers are who they say they are when being onboarded or engaging in digital transactions. Paxful Is Looking to Eliminate Crypto Crime The crypto world has grown heavily in recent years, and this has come with a downside. That...

Several individuals have been arrested on charges relating to three separate instances of crypto fraud, one of which may have involved the largest non-fungible token (NFT) scam to date. As much as $130 million in digital funds are likely to have been stolen. Why Is Crypto Fraud So Common? One of the individuals charged with crypto fraud includes 26-year-old Le Anh Tuan of Vietnam. She was charged in California with one count of conspiracy to commit wire fraud and...

Four men in India have been indicted for potentially running a crypto scam. The individuals are believed to have promoted a fake loan-conversion firm that potentially secured online loans and converted them into digital assets like BTC. Four Men in India Indicted on Crypto Scam Charges Police authorities are working with the National Cybercrime Reporting Portal to obtain the data they need on the men. They are Deepak Patwa (23 years of age), Dev Kishan (32 years of age),...

The social media accounts of the British Army have been hacked by someone looking to promote a cryptocurrency scam. The YouTube and Twitter accounts of the Army have been overtaken by someone who remains anonymous at the time of writing. They are simply going by the name “psssd” online. The British Army Was Being Used to Promote Crypto The scam involves a new series of non-fungible tokens (NFTs) that resemble a real line of NFTs called “The Possessed.” Experts are...

ADA price started a downside correction from the $0.556 zone against the US Dollar. The price is now trading below $0.52 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4750 on the 4-hours chart (data feed via Bitfinex). The price could start a fresh increase if it stays above the $0.475 support zone. Cardano price is correcting lower below $0.520 against the US Dollar, similar to bitcoin. ADA price must stay...

Ethereum price started a downside correction from the $1,800 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,500 zone. Ethereum price is correcting lower below $1,700 against the US Dollar. ETH/USD could rise again...

Facebook – or Meta, as it’s now more formally known – says it’s officially shutting down its crypto wallet system Novi. Facebook Is Ending the Life of Novi The wallet will remain active until September 1 of this year and then become lost to time. July 20 was the final day that customers still using the wallet (if any) could add to their stashes. The company has already issued a notice to clients that they should withdraw and move their funds to separate wallet systems...