Less than a year after their launch, spot Bitcoin ETFs have recorded unprecedented growth, boosting investors’ interest and demand for the largest cryptocurrency. A recent report by Binance Research, the research arm of the global cryptocurrency exchange, revealed that bitcoin ETFs have accumulated over 938,000 BTC, worth $63.3 billion. This...
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Tether Unveils Satoshi Nakamoto Statue at Plan ₿ Forum in Swiss City Lugano
The world’s largest stablecoin issuer, Tether, has joined hands with authorities in the Swiss City of Lugano to unveil a new statue of the pseudonymous Bitcoin creator Satoshi Nakamoto at the third annual forum of the Plan ₿ initiative. According to a press release by Tether, the Satoshi Nakamoto statue...
Russian Influencer ‘Queen of Crypto’ Facing $22M Crypto Fraud Allegations: Report
A high-profile Russian influencer, popularly known as the “Queen of Crypto,” is under scrutiny for allegedly defrauding investors out of $22 million. According to various reports in the Russian press, Valeria Fedyakina, who made a name for herself as “Bitmama,” is accused of operating a pyramid scheme that ensnared multiple...
No More Flippening: Bitcoin Is Now Worth $1 Trillion More Than Ethereum
Bitcoin has assumed its biggest price lead in recent history over the altcoin ecosystem, leaving Ethereum – its perennial number 2 – in the dust. The market capitalization of the OG crypto is now over $1 trillion greater than its runner-up, which has hit its lowest price point against its...
Market Watch: Solana and Tron Defy Weekly Market Sentiment, Bitcoin Shaky at $67K
The past seven days didn’t go well for bitcoin, which is on course to end the week with minor losses of nearly 2%. The altcoins were a lot more volatile, but the majority are deep in the red now. Solana and Tron are among the few exceptions from the larger...
ETF Recap: Another Strong Week for Bitcoin Funds, Ethereum Demand Lacks
The spot Bitcoin ETFs enjoyed another week of substantial inflows, with almost $1 billion entering the funds in the past five trading days. The same cannot be said about their Ethereum counterparts, which actually ended the week with minor losses. $1B Enters BTC ETFs Weekly CryptoPotato reported last weekend that...
Ex-Mine Digital CEO Faces Charges Over $1.5M Embezzlement
Grant Colthup, the former CEO of ACCE Australia, is facing a single fraud charge following an investigation by the Australian Securities and Investments Commission (ASIC). Colthup, who appeared in the Magistrates Court at Ipswich, Queensland, was charged with embezzling $1.47 million (2.2 million Australian dollars) from a customer. $1.5M Bitcoin...
North Korean Hackers Used Fake NFT Game to Steal Wallet Credentials: Report
Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome. According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets. Exploiting Chrome’s Zero-Day Flaw...
LayerK Announces New Feature Set Tailored for Blockchain Content Creators
[PRESS RELEASE – British Virgin Islands, British Virgin Islands, October 26th, 2024] The digital era has opened up countless opportunities for creators and entrepreneurs to showcase their talents, reach new audiences, and grow their businesses. LayerK plays a vital role in this ecosystem by providing the tools and resources that...
Barcelona and Real Madrid Legends Accused of Endorsing a €3 Billion Crypto Ponzi (Report)
The cryptocurrency sector comprises various legitimate projects and innovations but is also rife with fraudulent schemes. One such scam reportedly pocketed billions of euros from its unsuspecting clients after using popular football players as backers. Painful Losses Following the Footballers’ Involvement El Diario – a Spanish digital newspaper known for...