Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities. Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors via fake Binance-branded billboards and hoardings....Continue Reading

Clouds on the horizon grow nearer as markets prepare for more inflation cues this week. Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers? After falling to nearly $33,000, the largest cryptocurrency is giving market participants, new...Continue Reading

LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST. Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is set to deploy $1.5 billion worth of capital to “help...Continue Reading

The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode. The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges...Continue Reading

MAYC, BAYC, and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry. The nonfungible token (NFT) collections by Yuga Labs have experienced a dramatic downturn in transaction volume over the past 24 hours.  Otherdeed is down just over 50%, Mutant Ape...Continue Reading

“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated. The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department...Continue Reading

A popular investing strategy for long-term crypto investors, staking pools promise a regular income stream for the tokens staked with certain riders. How should one begin their staking journey? It is necessary to conduct due research about all available crypto staking pools for a particular crypto token and choose those with a proven track record....Continue Reading