US SEC Sues Geosyn Mining for $5.6M Fraud, Fake Rig Claims Exposed

The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Geosyn Mining and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, alleging a series of fraudulent activities. This lawsuit, officially filed on April 24 in a federal court situated in Fort Worth, Texas, presents a serious accusation against Geosyn. According to […]

Scam Alert: Crypto Hackers Steal $12 Mln SAVM, LINK, USDT, OP Tokens

In a massive phishing scam, $12 million vanished from four victims within five days, exposing critical gaps in cryptocurrency security. The prevalent use of create2, a standard tool, empowers malicious actors to exploit temporary addresses and sidestep wallet defenses based on address blacklists. Moreover, the crypto scam drained millions worth of Chainlink (LINK), SatoshiVM (SAVM), […]

What Is Happening With BONK?

BONK is trending in the crypto market for its last few days of gains. More importantly, these gains have happened when the crypto market is pulling down the token values with continuous falls. Presently, the global market cap is at $2.37 Trillion with a trading volume of $79.35 Billion. However, the meme market conditions have improved, […]

Crypto Scam: Indian State Grapples With Another Fraud Worth $1.8 Million

In the wake of rising crypto scams in India, the state of Odisha is again surfacing in the headlines. According to local media reports, an overseas gang operating in the city of Rourkela of Odisha was busted by the police on Saturday. The gang has allegedly conducted frauds worth $1.6 million. Overseas crypto gang busted […]

AI News: Sam Altman To Serve In Government’s AI Safety Board

In what appears to be a plot twist, CEOs of top Artificial Intelligence (AI)-centered companies have been invited to sit on the Federal government AI safety board. Tech CEOs To Advise In AI Safety Board After assembling an advisory board that would checkmate the activities of the evolving AI ecosystem, the United States government invited […]

Spot XRP ETF: Futures ETF Is Not Required For Approval Says Bloomberg Analysts

The crypto market anticipates a spot XRP ETF after the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in mid-January, setting the stage for potential approval of spot Ethereum ETFs. Moreover, Ripple’s hiring for a senior manager role in the institutional Decentralized Finance (DeFi) space and hints from Bitcoin ETF issuers are considered a […]

Former Federal Reserve Adviser Calls Out Trump Allies’ Fed Remodeling Plans

Former Federal Reserve Board special adviser Andy Levin has called out Donald Trump and his advisers for their alleged plans of remodeling the Federal Reserve. Notably, the plan—which is contained in a classified 10-page document—proposes Trump having unprecedented control over the actions of the central bank, possibly even to the point of firing Fed Chair […]

Bonk Vs MEME AI : Which Memecoin Will Rally the Most in 2024?

Bonk and MEME AI emerge as notable meme coins that have recently gained popularity within the market. They exhibit distinct characteristics and advantages that may appeal to investors and traders.  Bonk operates as a meme coin built on the Solana blockchain, known for its speed and scalability. The project’s goal is to establish an engaging […]

Custodia Bank CEO Hails DTCC Decision On Zero Collateral Value Of Bitcoin ETF

Custodia Bank CEO Caitlin Long has lauded the recent decision by the Depository Trust & Clearing Corporation (DTCC) to assign zero collateral value to Exchange-Traded Funds (ETFs) featuring Bitcoin (BTC) or other cryptocurrencies as underlying assets. On April 30, DTCC will start enacting amendments to collateral values for particular securities as part of its annual […]

Bitcoin Price Rebounds Above $43,000: What’s Driving the Rally?

Bitcoin (BTC) has nullified the bearish trend, climbing above the $43,000 threshold, as investors anticipate a rate halt from the Federal Reserve in the forthcoming session. The surge marks a notable rebound for cryptocurrency, aligning with market projections and investor sentiment surrounding the impending Federal Open Market Committee’s (FOMC) meeting. Federal Reserve Anticipation The recovery […]