Users and fans of cryptocurrencies are well aware of the dangers associated with buying and holding digital assets. Investors risk losing money in various ways, including price collapses, fraud, exchange and system hacks, Ponzi schemes, and more. Several Latino investors lost money in a cryptocurrency Ponzi fraud that just hit the news. Warnings issued by … Read more
Regardless of the state of the cryptocurrency market, regulators have kept putting pressure on a variety of subindustries within the cryptocurrency business. This morning, the United Kingdom’s Financial Conduct Authority began the process of pursuing legal action over unregulated cryptocurrency ATMs located in the city of London. The crypto ATM is one of the emerging … Read more
Binance had decided to take action and become involved by monitoring what was happening at Curve. The majority of the cash that cybercriminals took through the DeFi protocol Curve Finance earlier this week has reportedly been frozen or recovered, as stated by the CEO of Binance, Changpeng Zhao. CZ disclosed on the 10th of August … Read more
Blockchain games, as well as the Metaverse, were able to “circumvent” the “Lehman brothers-like” collapse of Terra in May, according to a report; however, decentralized finance (DeFi) or nonfungible tokens (NFTs) were not as fortunate. According to a report published by decentralized application (DApp) data aggregator DappRadar, the breakdown of Terra in May was comparable … Read more