Saturday, December 21, 2024

Vaneck’s $180K BTC by 2025 Projection: Experts Discuss Market Dynamics and Reserve Potential

Vaneck’s projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC’s historical outperformance and potential U.S. strategic reserve status as key factors. Bitcoin as a Strategic Reserve The leading asset manager Vaneck‘s projection of $180,000 for bitcoin (BTC) by the end of 2025 is “ambitious but […]

via Terence Zimwara

Crypto Scam Busted—Victims One Step Closer to Justice

A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently, Chartraw allegedly misled investors through his companies, Crypto-Pal LLC and TDA Global, by falsely promoting a proprietary algorithm for high returns. Instead of investing funds, […]

via Bitcoin.com

US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme

Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […]

via Bitcoin.com

$2.2 Billion Stolen in 303 Crypto Hacks in 2024: Chainalysis Report

$2.2 Billion Stolen in 303 Crypto Hacks in 2024: Chainalysis ReportThe 2024 Chainalysis crypto crime report showed that North Korean hackers were responsible for over 60% of stolen crypto. Hackers Made Away With $2.2 Billion in 2024 Crypto hacking remains a serious concern for the crypto ecosystem with a report by Chainalysis showing that $2.2 billion was lost to hackers in 2024 via 303 hacking […]

via Emmanuel Musa

Friday, December 20, 2024

Turmoil: Blackrock’s Bitcoin Video Raises Questions About the 21 Million Hard Cap

Turmoil: Blackrock's Bitcoin Video Raises Questions on the 21 Million Hard CapBlackrock’s recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee” that the 21 million supply cap will not be changed, opening a debate on the ossification of the top cryptocurrency. […]

via Sergio Goschenko

Ledger Users Targeted in New Data Breach Phishing Campaign

Ledger Users Targeted in New Data Breach Phishing CampaignUsers of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that could have exposed their seed phrases to attackers. Ledger Users Receiving Data Breach Emails in Phishing Campaign Attackers […]

via Sergio Goschenko

Binance Global Survey Hot Topics: Regulation, AI Supremacy, and a Young Market

Binance Global Survey Hot Topics: Regulation, AI Supremacy, and a Young MarketThe most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI) tokens will gain traction and lead the market this upcoming year. Nearly 20% of the responders expect governments to enact more […]

via Bitcoin.com