U.S Authorities Investigate Digital Currency Group Over Internal Transfers

James Dodson | January 7, 2023 | Leave a comment

Liquidity problems forced Genesis to halt all withdrawals related to parent firm DCP in December. That saw United States authorities launching investigations into the firm’s internal monetary dealings. United States authorities kick-started an investigation into Digital Currency Group’s internal...

Mask off: Truth behind FTX Billions

James Dodson | January 2, 2023 | Leave a comment

FTX co-founder Mr. Bankman Fried, through a tweet today, denied all allegations of moving funds from Alameda Research, claiming that he had no involvement in moving funds from these research wallets. Further, he stated that he had no affiliations...

What is a Flash Loan Attack and How to Avoid It?

Aaron Rodriguez | December 31, 2022 | Leave a comment

Introduction The permeation of DeFi has started to gain more traction with every passing second. TradeFi is plagued with issues on account of economic setbacks such as increasing interest rates, money supply, social restrictions, and approaching recession. Therefore, more...

Hope for FTX Users After the Seizure of $3.5 Billion

James Dodson | December 31, 2022 | Leave a comment

According to a press release, the Bahamas security commission reports that worth 3.5 billion dollars of user funds have been frozen. Following this news, FTX Chief Executive Officer Mr. Bankman Fried announced that the exchange is receiving attacks. However,...

BNB Chain Ends 2022 as Second Most Preferred Network for DeFi Projects

James Dodson | December 30, 2022 | Leave a comment

BNB Chain boasts the 2nd largest total value locked after ETH. 12% OF BNB Chain-house tokens are scam coins. The blockchain awaits a hardfork update in the coming year, planning to incorporate staking onto Beacon Chain. BNB Chain’s $4.05...

FTX Users File a Petition to Claim Frozen Assets

James Dodson | December 29, 2022 | Leave a comment

A collection of consumers are currently suing FTX to become the pioneers in recovering assets from the cryptocurrency exchange. The petition filed wants the courts to realize that the holdings with the exchange platform belong to the users and...

Crypto Giants Gather Steady Returns Amid Crypto Turmoil

James Dodson | December 24, 2022 | Leave a comment

Binance, an investment member of crypto trading, allegedly made a significant return on investment, elevating it to as high as 2,100 %. Total assets under investment accumulating to 7.5 billion dollars. Binance also assured its consumers a stable and...

Binance CEO Says Abnormal Altcoin Trading on the Platform was Just Market Behavior

James Dodson | December 12, 2022 | Leave a comment

The world’s largest crypto exchange, Binance, issued a notice yesterday acknowledging reports that some altcoins traded abnormally on the platform. The centralized exchange reported that investigations were underway and it would take appropriate actions against suspicious accounts. Binance CEO...

Congressman Calls for Investigation Into SEC Chairman’s Role in FTX Fall

James Dodson | December 8, 2022 | Leave a comment

A Democratic congressman, Ritchie Torres, called upon the Government Accountability Office(GAO) to independently investigate the Security and Exchange Commission’s failure to prevent the downfall of FTX. In a letter sent on Wednesday, Torres asks GAO to review the SEC’S...

Huobi Cannot Retrieve a Total Of $13.2 Million In Client Assets From FTX

Kavon Hyatt | November 18, 2022 | Leave a comment

Huobi has acknowledged that the FTX saga has had an impact on it as well. They informed the public that they could not get $18.1 million back from FTX. Of this sum, customers are responsible for $13.2 million, and...

Cryptocurrency Scams

U.S Authorities Investigate Digital Currency Group Over Internal Transfers

Mask off: Truth behind FTX Billions

What is a Flash Loan Attack and How to Avoid It?

Hope for FTX Users After the Seizure of $3.5 Billion

BNB Chain Ends 2022 as Second Most Preferred Network for DeFi Projects

FTX Users File a Petition to Claim Frozen Assets

Crypto Giants Gather Steady Returns Amid Crypto Turmoil

Binance CEO Says Abnormal Altcoin Trading on the Platform was Just Market Behavior

Congressman Calls for Investigation Into SEC Chairman’s Role in FTX Fall

Huobi Cannot Retrieve a Total Of $13.2 Million In Client Assets From FTX

Don't Miss Crypto CFD Trader!

Sign Up

Try Crypto Engine With a Trusted Broker