A person who invests in cryptocurrencies unfortunately got tricked by a phishing scam on the Ethereum network. As a result, they lost approximately $180,000 in USD Coin (USDC) and ANDY (ANDY), a newly introduced meme coin based on Pepe. According to information from Etherscan, an incident transpired on April 23 between 05:39 and 06:29 UTC, … Read more
The SEC in the Philippines is aiming to take down the Binance app from both Google Play and Apple’s app marketplaces across the country. On April 9th, the commission issued letters to Google and Apple asking them to take down apps enabling Binance’s trading platform access. This action followed the Philippine National Telecommunications Commission’s blocking … Read more
Bitcoin‘s ongoing consolidation and price increase might indicate the approaching conclusion of this stage in the bull market. As $BTC approaches the peak of its bull flag, a breakout could mark the start of the next chapter in the bitcoin market uptrend. Bitcoin grinds higher despite failing economies In the midst of global economic instability, … Read more
Velvet Capital, a decentralized finance (DeFi) firm specializing in asset management, briefly suspended its website’s operation to thwart a potential phishing attempt. On April 23rd, Velvet Capital’s trading platform exhibited unusual activity, prompting the company to request users’ wallet access unexpectedly while using their services. Following the results of their internal probes, Velvet Capital recommended … Read more
South Africa has granted approval for the first group of cryptocurrency businesses to legally conduct operations within its borders. The Financial Sector Conduct Authority (FSCA) has granted crypto licenses to 75 businesses in this sector for the first time. Among the recipients are VALR and Altcoin Trader, along with other companies. Starting from June, 2023, … Read more