Report: $7.8 Billion Lost in Crypto Ponzi and Pyramid Schemes in 2022
Crypto Ponzi Schemes in 2022 Cryptocurrency Ponzi and pyramid schemes have been around for years, but the potential for them to cause billions of dollars in losses in 2022 is…
DON’T Miss Out: CFTC Issues $54M Default Judgment Against Crypto Fraud Trader
CFTC issues $54M default judgment against trader in crypto fraud scheme The Commodity Futures Trading Commission (CFTC) has issued a default judgment of $54 million against a trader who was…
Huge Loss of $7.8B in Crypto Ponzi and Pyramid Schemes in 2022: Report
TRM Labs Reports on Global Crypto Frauds According to a report issued by blockchain analysis firm TRM Labs on June 28th, a total of $7.8 billion was reportedly paid out…
ARK Invest Strengthens Bitcoin ETF Application with Surveillance Agreement
ARK Investment Management Modifies ETF Application ARK Investment Management has modified its application for a Bitcoin (BTC) exchange-traded fund (ETF) to the US Securities and Exchange Commission, making it comparable…
“Don’t Miss Out: ARK Invest Adds Surveillance Agreement to Bitcoin ETF Application”
Introduction The race to launch a Bitcoin Exchange Traded Fund (ETF) is heating up as ARK Invest has added a surveillance agreement to its application. The agreement is intended to…
MicroStrategy Investing $347M in Bitcoin as Market Conditions Improve
MicroStrategy Acquires 12,333 Bitcoin for $347 Million On June 28th, MicroStrategy, a software analytics company, declared the acquisition of 12,333 Bitcoin (BTC) for a total of $347 million. This raised…
Bitcoin Price Holds Steady at $30K as Fed’s Powell Warns of Further Rate Hikes
On June 28, Bitcoin (BTC) once again tested the $30,000 support level, despite the U.S. Federal Reserve’s continued vigilance on inflation. Powell on rate hikes: “More restriction coming” Data from…
“MicroStrategy’s $347M Bitcoin Buy as Market Thaws”
MicroStrategy Buys Bitcoin MicroStrategy, a publicly-traded business intelligence software company, has purchased an additional $250 million worth of Bitcoin, bringing its total holdings to $347 million. The company, which is…
Fed’s Powell: Bitcoin Price Clings to $30K Despite Rate Hikes
Bitcoin Price Clings to $30K The Bitcoin price has been clinging to the $30,000 mark in recent days, despite a number of negative news stories and market volatility. This is…
Digital Euro Proposal: European Commission Aims for Universal Acceptance
Digital Euro Proposal On June 28th, the European Commission declared that they had put forward a legislative plan for a digital euro, hoping to make it a commonly accepted and…