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Danny Scott co-founded Bitcoin exchange CoinCorner in 2014.Danny Scott is a co-founder coin cornerone of the only Bitcoins (BTC-USD) A UK-based exchange located on the Isle of Man. Currently, CoinCorner has approximately 400,000 customers providing brokerage and custody services.I used to work as a lifeguard at a swimming pool near Blackpool and one of my responsibilities was cleaning the toilets and changing rooms. One of my first days, my boss, Steve, turned around and said he would never ask me to do anything he hadn't done before.He's been doing it since he first started doing it, and it's still with…
Online reports have revealed that the Chinese government has begun moving thousands of ether (ETH) seized from a $4 billion cryptocurrency Ponzi scheme. As a result, Ethereum investors have recently shared concerns about the possibility of a large-scale selloff. Investors are concerned about future ETH selling sprees On Wednesday, an X user warned that the Chinese government recently moved the remaining seized ether from the PlusToken Ponzi scheme for the first time in three years. The addresses holding these tokens have been dormant since 2021. The first movement began in early August, when 2,800 ETH worth approximately $6.5 million was…
“Uptober” remained elusive as major cryptocurrencies slumped after better-than-expected inflation data poured cold water on hopes for further interest rate cuts by the Federal Reserve. cryptocurrencyGain +/-Prices (recorded at 9:15 p.m. EDT)Bitcoin BTC/USD-0.75%$60,135.24Ethereum ETH/USD +0.75%$2,382.33dogecoin doge/usd -1.37%$0.106 what happened: Bitcoin It fell below $58,000 during the trading session, but recovered most of its losses overnight. The world's largest cryptocurrency is down 1.16% this week and down 8% since the beginning of October, but the month has averaged more than a 20% return for King Crypto. It is likely that the market was affected by the higher-than-expected consumer price index in…
Thursday's revelation that the U.S. Securities and Exchange Commission was pursuing crypto market maker and liquidity provider Cumberland DRW did little to sway prices.Although the leader, Bitcoin, temporarily fell, $60,000 Ahead of this news, the world's largest cryptocurrency has since found its footing, according to data from CoinGecko.Perhaps that's because there's little fear the SEC might win, said Matt Hogan, Bitwise's chief investment officer. decryption on Thursday.”The crypto market has learned from the likes of Ripple, Coinbase, and Grayscale that there is considerable opportunity if deep-pocketed companies are willing to take on the SEC in court,” he said. “Cumberland has…
For the past few months, Malware attack targeted devices of thousands of users, mining and stealing crypto assets. Despite the extensiveness of the attack, the attack netted only about $6,000 in profits. a report An investigation by cybersecurity firm Doctor Web revealed that this malware is hiding in plain sight. Because it was disguised as legitimate software, Office programs, game cheats, online trading bots, etc.. How does Clipper malware steal crypto assets? According to a report by Doctor Web, the cryptojacking software infected more than 28,000 users, mostly in Russia. People in Belarus, Uzbekistan, Kazakhstan, Ukraine, Kyrgyzstan and Türkiye were…
Ethereum (ETH) is facing market uncertainty. $1.3 billion worth of ETH linked to PlusToken Ponzi scheme moves to exchanges. According to the report, a portion of the massive 542,000 ETH seized from PlusToken has already reached important exchanges such as BitGet, Binance, and OKX. This development caused a decline in the Ethereum price, Concerns about further decline grow. The crypto community remains concerned about the impact this large-scale liquidation will have on the market. PlusToken Ponzi: Massive Cryptocurrency Scam Revealed The PlusToken Ponzi scheme was one of the biggest cryptocurrency scams. Operational from 2018 to 2019. According to reportthis fraudulent…
Over the past three days, large Bitcoin holders, colloquially known as whales, have “sold or redistributed” approximately 30,000 BTC, worth more than $1.8 billion in the flagship cryptocurrency. This is according to data from on-chain analytics firm Santiment, which was first shared by popular cryptocurrency analyst Ali Matinez, who shared the data with his followers on microblogging platform X. Whale's decline comes at a time when Bitcoin prices have plummeted from a high of around $64,000 to around $60,700 at the time of writing, and the entire cryptocurrency market has fallen by nearly $100. Billions worth. The decline comes as…
GRAND CAYMAN, Cayman Islands, Oct. 10, 2024 (GLOBE NEWSWIRE) — Renowned Entrepreneurs Charlie Rothkopf announced the release of CZR Cryptocurrency Exchangea cutting-edge platform set to advance the cryptocurrency industry. Known for his forward-thinking approach to technology and finance, Rothkopf has combined his visionary leadership and team of experts to deliver what is arguably one of the most innovative and secure exchanges in the industry. The official launch of CZR marks a turning point for crypto traders around the world, offering unparalleled performance, security and accessibility.Charlie Rothkopf launches CZR Exchange CZR’s approach to crypto tradingBuilt from the ground up with a…
SEC Commissioner Mark Ueda talks about the agency's handling of cryptocurrencies on “Morning with Maria.” According to an investigation by FOX Business, the Securities and Exchange Commission still firmly believes that the cryptocurrency XRP is a security. The revelation came after a lawsuit filed Thursday night in Illinois District Court by crypto derivatives exchange Bitnomial. Bitnomial has sued a top Wall Street cop, claiming jurisdiction over futures contracts that are supposed to track the price of XRP, the seventh-largest digital currency. Assets by market capitalization.Bitnomial, which is regulated by the SEC's sister agency the Commodity Futures Trading Commission, filed for…
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