Cryptocurrency Market Analysis 55

Robert F. Kennedy Jr. Warns of Threat to Personal Freedom with Central Bank Digital Currency (CBDC) and Advocates for Bitcoin as Solution

Robert F. Kennedy Jr., an environmental lawyer and anti-vaccine activist, recently expressed his concerns about Central Bank Digital Currency (CBDC) and its potential impact on personal freedom. In an interview on the “What Bitcoin Did” podcast, Kennedy warned that CBDC could be used by governments to track individuals’ spending, giving them complete knowledge of every […]

Tron Blockchain Surpasses Bitcoin in Use by Hezbollah and Hamas

The Tron blockchain has surpassed Bitcoin in popularity among terror groups Hezbollah and Hamas, according to a recent analysis by Reuters. The number of Tron (TRX) wallets seized has seen a significant increase since 2021, while the number of Bitcoin (BTC) wallets seized has declined. Both Hezbollah and Hamas are designated as terror groups by […]

Tron Emerges as Preferred Crypto Platform for Terrorist Organizations

Tron has emerged as the platform of choice for terrorist organizations involved in crypto transfers, according to a recent report by Reuters. The counter-terror financing bureau in Israel has frozen 143 Tron wallets believed to be linked to groups like Hamas and Hezbollah. This marks a significant shift from Bitcoin, which was previously favored by […]

Crypto Phishing Kit Inferno Drainer Shuts Down After Enabling $80M in Scams

Inferno Drainer, a notorious crypto wallet-draining kit involved in cryptocurrency scams, has announced its shutdown. This kit has been responsible for phishing schemes that resulted in the theft of over $80 million in cryptocurrencies, affecting thousands of victims. Inferno Drainer gained attention after the shutdown of Monkey Drainer, which was responsible for stealing around $13 […]

Hong Kong Police Investigate $15.4 Million Scam on Hounax Trading Platform

The Hong Kong Police have launched an investigation into Hounax, a cryptocurrency trading platform, following multiple complaints of scams totaling $15.4 million. Victims claim that they were lured into investing in crypto on the platform but faced difficulties when trying to withdraw their funds. Some victims are blaming the authorities for their losses. One victim, […]

Inferno Drainer, a Scam Service Provider, Shuts Down After Assisting in $70 Million Cryptocurrency Theft

In the world of decentralized finance (DeFi) and NFT initiatives, thefts involving cryptocurrencies are unfortunately common. Recently, an investigation uncovered the activities of a scam service provider called Inferno Drainer, who assisted in multi-chain schemes in exchange for a portion of the stolen assets. According to Scam Sniffer, a Web3 security company, Inferno Drainer has […]

Coinbase International to Expand Cryptocurrency Offerings with Perpetual Futures Contracts for ADA, LINK, DOGE, and XLM

Coinbase International Exchange, a branch of Coinbase Global Inc. that serves clients outside the United States, has announced its plans to add perpetual futures contracts for four new digital assets: Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM). This strategic move aims to cater to a broader audience of traders and follows a regulatory […]

Raiffeisen Bank International to Launch Crypto Trading Services in Partnership with Bitpanda

Vienna-based Raiffeisen Bank International is set to launch crypto trading services for retail customers by the end of January 2024. The bank has partnered with Bitpanda, a crypto exchange, to offer this new service. Customers in Vienna will be able to access Bitpanda’s platform through the Raiffeisen app on their mobile devices. This move reflects […]

Scammers Pose as Forbes Journalists to Steal NFTs from Bored Ape Yacht Club Owners

A Bored Ape Yacht Club (BAYC) owner recently had a close call with a scammer posing as a Forbes journalist. The NFT collector, known as ‘Crumz’, shared his experience of being contacted by someone pretending to be Robert LaFanco, a real Forbes editor. The scammer offered an interview for an article about BAYCs and asked […]

Crypto Exchange HTX Recovers from $30 Million Hack, Restores Deposits and Withdrawals

Bitcoin deposits and withdrawals have been restored on the HTX crypto exchange, formerly known as Huobi, following a $30 million exploit. In a recent blog post, HTX announced that deposit and withdrawal functionality is now available for multiple currencies, including Bitcoin, Ether, Tron, and Tether. The exchange plans to gradually bring back functionality for the […]