Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,759,485,864,029.14
  • 24h Vol: $80,892,850,109.31
  • BTC Dominance: 58.89%

Bitcoin

crypto-scam-promoter-pleads-guilty,-faces-up-to-20-years-in-us-prison

Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, crypto scam, crypto scam promoters, Cryptocurrency, Ethereum, News Bytes, News Bytes - 2 / / / , , , , , ,

Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities in the U.S., and Tacuri benefited significantly, amassing millions from his fraudulent activities. Scheduled for sentencing on Sept. 24, […]

Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison Read More »

70%-of-korean-crypto-exchanges-fail-to-repay-customers-after-closure,-regulator-says

70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says

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A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. “And even if they did, just one or two employees were tasked with giving

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new-york-cracks-down-on-crypto-pyramid-schemes-targeting-immigrants

New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants

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New York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid schemes that defrauded over 11,000 New Yorkers out of more than a billion dollars in cryptocurrency. These companies targeted vulnerable immigrant communities, particularly Haitians, with false promises of high returns. NYAG Letitia James Takes Action Against Crypto

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claims-against-collapsed-south-african-bitcoin-investment-firm-rise-to-$84.5-million

Claims Against Collapsed South African Bitcoin Investment Firm Rise to $84.5 Million

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Claims against Mirror Trading International (MTI) have reached over $84.5 million (ZAR1.6 billion), with more than 8,000 proven creditors as of the end of April. The MTI estate still holds around $33.7 million in its accounts. Legal action is underway in multiple countries to recover withdrawals made by those who profited from the scheme. MTI

Claims Against Collapsed South African Bitcoin Investment Firm Rise to $84.5 Million Read More »

bitcoin-dips-below-$70k,-reaches-$68,450-low,-$86m-in-btc-longs-liquidated

Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated

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The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the

Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated Read More »

uzbekistan’s-islamic-authority-retracts-fatwa-against-cryptocurrency,-issues-apology

Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology

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Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was mistakenly released on social media due to an oversight. In response, the Fatwa Center issued a statement titled “Correction and Apologies.” The statement disclosed that

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‘stand-with-crypto’-advocacy-alliance-surpasses-1-million-supporters

‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters

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The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates. Initiated by crypto exchange Coinbase, which promotes clearer and more effective regulations for the cryptocurrency industry in the U.S., the alliance has gained substantial momentum.

‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters Read More »

binance-confirms-mastercard-and-visa-support-for-crypto-purchases-but-no-binance-credit-card-issued

Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

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Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of Binance-branded credit cards. Binance Customer Support clarified that the current facilities allow the use of existing payment methods to buy

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robert-kiyosaki-says-his-prediction-of-bitcoin-hitting-$350k-in-august-‘is-not-a-lie’-—-also-bullish-on-ethereum-and-solana

Robert Kiyosaki Says His Prediction of Bitcoin Hitting $350K in August ‘Is Not a Lie’ — Also Bullish on Ethereum and Solana

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Rich Dad Poor Dad author Robert Kiyosaki has emphasized that his prediction of bitcoin hitting $350K on Aug. 25 “is not a lie.” He also expressed his bullish outlook for ethereum and solana, noting that he will keep buying the three cryptocurrencies because he is “quite certain their prices will continue to rise.” Robert Kiyosaki

Robert Kiyosaki Says His Prediction of Bitcoin Hitting $350K in August ‘Is Not a Lie’ — Also Bullish on Ethereum and Solana Read More »

sec-chair-gensler:-spot-ether-etfs-‘will-take-some-time’-to-begin-trading

SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading

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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some time” to commence trading, highlighting the necessity for a thorough disclosure process. Additionally, Gensler emphasized the lack of proper disclosure provided by crypto exchanges to investors. Spot Ether ETFs ‘Will Take Some Time’ The chairman

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