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Cryptocurrency Scams

What is Mirror Trading and How Does It Work in Crypto?

Aaron Rodriguez | May 4, 2023 | Leave a comment
Crypto traders face lots of risks and challenges when starting their crypto trading journey. This is primarily because crypto trading strategies are very risky, and the chances of traders suffering from loss are significantly high. To decrease the risk...
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Voyager Sells $56M in Crypto

Daniel Sharkey | March 10, 2023 | Leave a comment
Voyager Digital Ltd., a crypto brokerage firm, had liquidated around fifty-six million dollars’ worth of Shiba Inu, ETH, and other ERC-20 tokens. This report came after the company faced technical issues with its trading platform that resulted in many...
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Kraken Launches its Bank

Daniel Sharkey | March 6, 2023 | Leave a comment
Kraken, a cryptocurrency exchange, is planning to launch a bank in the United States despite the challenging regulatory environment faced by the industry. Kraken’s chief legal officer, Marco Santori, confirmed this during an interview on The Scoop podcast. The...
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Tornado Cash: Risks and Consequences for DeFi Security

Daniel Sharkey | February 27, 2023 | Leave a comment
How Lendhub Network Malicious Actors Laundered $3.85M Filipinos Alerted About Cryptocurrency scams How Lendhub Network Malicious Actors Laundered $3.85M The persons thought to be behind the world’s biggest scam in early January 2023, valued at several million dollars, reportedly...
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How Investors Can Navigate Increasing Regulatory Pressure

Daniel Sharkey | February 23, 2023 | Leave a comment
Last year has been a year of negative criticism and scandalous topics that has made the virtual asset industry attract attention from many federal agencies worldwide. Events include the collapse of major exchanges like FTX, the inside exchange scandals...
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Will Crypto Ever Redeem Itself?

Daniel Sharkey | February 21, 2023 | Leave a comment
With professional and organizational investors focusing on and the growing numbers of enterprises getting ready to allow across-the-border payments, it would seem that virtual assets are accessible in the financial mainstream, although still in a state of unpredictability. Interestingly,...
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The Impact of Cryptocurrency Companies on Disaster Relief: Helping Earthquake-Affected Regions

Daniel Sharkey | February 15, 2023 | Leave a comment
Cryptocurrency companies have been at the forefront of promoting areas that are disaster stricken through financial aid and many other forms. For instance, they may create a donation system where users can give cryptocurrency to a particular group or...
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How SEC Could Profit from Ripple’s Reimbursement

Daniel Sharkey | February 11, 2023 | Leave a comment
Following news of Kraken’s reimbursement with the Securities and Exchange Commission, an XRP proponent has announced what Sec stands to achieve if it resolves with Ripple. In December 2020, the Securities and Exchange Commission indicted Ripple and two of...
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SALT: Crypto Lender Makes a Comeback with Millions in Funding

Daniel Sharkey | February 9, 2023 | Leave a comment
The virtual digital asset lender held withdrawals in November and will recommence activities in Q1 this year, sustained by a Series A reinvestment. Unfortunately, the cryptocurrency winter and the collapse of FTX have tampered with the ranks of virtual...
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The Crypto Market Maintains an Upside Stance – Market Outlook

James Dodson | January 11, 2023 | Leave a comment
According to the crypto news updates, Bitcoin, the leading global cryptocurrency, had an unpleasant year in the past as its prices crashed by more than 75% from its lead. Nonetheless, current information indicates an improvement in the Bitcoin price....
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