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 victims in only two months. […]
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 the 11 spot Bitcoin ETFs […]
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 Kaspersky Labs security analysts Boris […]
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 Payment Goes Missing From May […]
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 its investigative journalism – recently […]
Bitcoin’s price went through a massive rollercoaster on Friday night, dumping by $3,000 in minutes before it recovered some ground to $67,000. The altcoins have it even worse, and the total crypto market cap has shed about $70 billion overnight. BTC’s Down and Up The business week started quite promising for the primary cryptocurrency, which […]
Bitcoin and the altcoins went through massive volatility on Friday night after a controversial report from the Wall Street Journal, which was denied by Tether’s CEO immediately. However, the damage was done, which harmed over-leveraged traders, as the liquidations skyrocketed to over $400 million on a daily scale. CryptoPotato reported WSJ’s claims that the US […]
The Pennsylvania House of Representatives passed a bill on October 24 to establish regulatory clarity for digital assets like Bitcoin (BTC) within the state. Known as House Bill 2481, or the “Bitcoin Rights” bill, the legislation passed with strong bipartisan support, receiving a vote of 176 to 26, including all 100 Republicans and 76 Democrats. […]
Around 62,600 Bitcoin options contracts are expiring on Friday, Oct. 25, with a notional value of around $4.26 billion. Today’s options expiry is a month-end event, which makes it much larger than regular weekly expiries. Moreover, spot markets have been in decline since their high on Monday, so can the trend be reversed? Bitcoin Options Expiry […]
The person behind the recent Radiant Capital exploit has reportedly moved nearly all of the stolen crypto, valued at about $52 million, from Layer-2 networks to Ethereum. Blockchain security firm PeckShield shared the information on October 24, further dampening any hopes of recovering the funds. Attacker Almost Done Bridging Stolen Funds According to PeckShield, the […]