Customers of FTX are warned about fraudsters who promise to return their lost money.
Due to its anonymity, the blockchain industry attracts corrupt individuals who try to con investors and steal their money. This time, a gang of con artists preys on the already vulnerable investors of the defunct cryptocurrency exchange FTX.
According to the court-appointed examiner, Celsius was bankrupt from the beginning.
The defunct cryptocurrency lending platform Celsius Network supposedly defrauded clients ever since it was founded as a general populace company in the United States, which it purportedly did in order to evade regulatory oversight in the United Kingdom, based on a report by a court-appointed assessor for its bankruptcy process.
Through a stake in the GOPAX Exchange, Binance re-enters the South Korean cryptocurrency market.
The biggest cryptocurrency exchange in the world, Binance, is accustomed to frequently getting attention for its latest acquisitions. The news of today is certainly no exception, as Binance is preparing to re-enter the South Korean cryptocurrency market as a result of its ownership of the troubled GOPAX exchange.
Bitfinex, a cryptocurrency exchange, deposits $8.5 million to an address in Alameda.
It has been questioned how the two companies' relationships are related in light of the transactions from Bitfinex to Alameda's consolidation address.
Fear of Missing Out (FOMO) and Misinformation in the Cryptocurrency Market
The combination of Fear of Missing Out (FOMO) and misinformation in the cryptocurrency market can lead to impulsive and irrational decisions, resulting in significant financial losses. Misinformation is prevalent in the crypto space due to the lack of regulation, and influencers often spread false information to promote their favored assets. To avoid falling victim to FOMO and misinformation, investors should thoroughly research the underlying assets and seek out credible sources of information. By doing so, they can minimize the risk of significant financial losses and make informed decisions in the cryptocurrency market.
Bittrex, a cryptocurrency exchange, terminates 83 workers
The Seattle-based cryptocurrency exchange Bittrex has just joined the growing list of companies that have reduced their employee counts.
Logan Paul faces class-action lawsuit over failed CryptoZoo NFT project
According to the lawsuit, Logan Paul and his friends pulled a "rug pull" on the unsuccessful CryptoZoo operation.
Bitzlato, a closed cryptocurrency exchange, claims it will reopen.
Officials in the United States and Europe have accused the interaction of embezzling $700 million that was linked to Russian felons.
The five environmentally friendly cryptocurrencies for 2023
Ever wonder whether cryptocurrency is damaging to the environment? The most eco- acceptable cryptocurrency projects, however, are all those that combine alluring investment opportunities with a green mission. Let's gain a deeper insight in and examine these developments in this WikiBit article.
Despite a $1.3B paper loss, MicroStrategy claims it has no intention to cease trading bitcoin.
The business reported a $34 million profit on its first-ever Bitcoin sale last quarter, but said it did so to generate a tax loss.
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