Tag Archives: News

A retired nurse has been fired from her part-time job and lost her life savings – which amounted to roughly $43,000 at the time of writing – after falling for a cryptocurrency scam. How a Nurse Became the Latest Crypto Scam Victim The nurse from Buffalo, New York – who remains anonymous at press time – claims she was tricked into sending money through a bank wire transfer and a bitcoin ATM to unknown parties after a fake pop-up on her work computer appeared telling her...

Bitcoin cash price started a fresh decline from the $354 resistance against the US Dollar. The price is now trading below the $340 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $338 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $315 support zone in the near term. Bitcoin cash price is struggling below $330 against the US Dollar,...

We’re only four months into the new year, but 2022 has already proven to be a busy year for cryptocurrency scam artists. According to the Richmond RCMP, roughly $2.6 million in crypto funds have been stolen from unsuspecting victims thus far, and it looks like that number is slated to grow. The Richmond RCMP Tells People What Precautions to Take According to the RCMP, most crypto scams come in the form of romance scams, fake investment schemes, or individuals pretending...

A man has been charged with running several illegal bitcoin and crypto ATMs in New York that were set up in laundromats throughout the state. Robert Taylor, 35 years of age, has been charged with criminal tax fraud in the third degree, offering false instruments for filing in the first degree, and operating an unlicensed transmission business. Robert Taylor Has Been Charged with Running Illicit BTC Kiosks The bitcoin kiosks working under Taylor are believed to have...

The Dallas Cowboys football team has carved out a crypto-based partnership with Blockchain.com, one of the oldest and most trusted digital currency platforms in the world. The Dallas Cowboys Have Become the First Crypto-Sponsored NFL Team As the owner of the Dallas Cowboys, Jerry Jones felt that moving deeper into the growing crypto industry was the only way to bring the sport he loves so much closer to the times. In an interview, he said: Blockchain is one of the oldest...

EOS price started a recovery wave above the $2.50 resistance zone against the US Dollar. The price is now trading above $2.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.68 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $2.89 resistance zone in the near term. EOS price is showing bullish signs above $2.75 against the US Dollar,...

Litecoin started a recovery wave above the $105 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $112 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $115 and $118 in the near term. Litecoin price is showing positive signs above $100 against the US Dollar, similar to...

The Wikimedia Foundation has voted to stop accepting payments or donations in cryptocurrency, a huge blow to the industry. Wikimedia Votes Against Future Crypto Payments Many of the world’s biggest crypto assets were initially designed to serve as payment methods that could potentially push things like checks, credit cards, and fiat currencies to the side. However, this has been a slow journey given how volatility they tend to be. Assets like bitcoin, Ethereum, and many...

Mark Karpeles – the man behind the legendary failure of crypto exchange Mt. Gox in Japan – has announced he will be establishing a new crypto ratings service he’s calling UnGox. It’s allegedly his way of making up for the past and saying he’s sorry for being involved with one of the biggest – and ugliest – crypto schemes in the history of the space. Mark Karpeles Develops Crypto Tool UnGox Mt. Gox was a crypto exchange that has been lost to time, but its infamous...

A crypto mining facility in Wichita Falls (part of Clay County, Texas) has been active for some time. The funny thing is that nobody seemed to notice it. Texas Is a Big Crypto Mining Haven The mining facility has been extracting bitcoin and other forms of digital currency for several months. Judge Mike Campbell once joked that there were more cows than people in the area that the mining facility had made its home in. Developed by Dexa Resources, the company is taking...