Elon Musk, a wealthy tech businessman and founder of X, the microblogging site, aims to solve its persistent spam issue by introducing fees for new users to tweet. However, some remain skeptical that this move will effectively stop the influx of crypto-scam bot activity. Elon Musk, proprietor of X, expressed regretfully on April 15 that … Read more
A man in the United States is accused by prosecutors of defrauding two cloud computing companies and faces charges for wire fraud and money laundering. If found guilty, he could spend up to 50 years behind bars for operating an illegal “cryptojacking” scheme on a large scale. On April 15, the U.S. Attorney’s Office in … Read more
According to Eric Balchunas, a senior ETF analyst at Bloomberg, the recent approval of three Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong might not be as significant as some people assume. Three Chinese offshore asset managers, namely Harvest Fund Management, Bosera Asset Management, and China Asset Management, received conditional green lights from the … Read more
ADA’s price might retrace if holders keep their tokens from circulating. Technical analysis identified a key support at $0.45 that might prevent a plunge. According to an analysis by AMBCrypto, long-term investors holding Cardano‘s [ADA] tokens have generally kept them stashed away, as indicated by a high Mean Dollar Invested Age. Based on data from … Read more
Trust Wallet, a company that offers crypto wallet services, advises Apple users to turn off iMessage due to credible information indicating a potential security vulnerability. Hackers could reportedly use this flaw to seize control of affected devices. iOS users be warned: A dangerous zero-day exploit, verified by reliable sources, is being offered for sale on … Read more
On April 13, Bitcoin (BTC) experienced a sudden 13.3% price decrease, causing distress for many traders who had magnified their holdings. Consequently, approximately $387 million worth of long positions were forcibly sold off, and the total open interest decreased by around $5.4 billion. Initially, it seems that this market fluctuation reflected a diminished readiness among … Read more