Funds

Useful Tips on How to Prevent Cryptocurrency Fraud or Scam

Jan 03 2023 @ 05:23
Below are a few tips to help you prevent bad actors from hacking into your crypto funds and accounts. Protect the seed phrase in your wallet. The seed phrase is like a kind of password. Through the seed phrase, you can recover your crypto funds even if you lose your phone, password, or cold storage […]
 

United States Justice Department Wades Into $370m+ FTX Crypto Theft

Dec 30 2022 @ 12:15
QUICK TAKE: More troubles for SBF/FTX as US DoJ commences probe into stolen assets. The possibility of it being an inside job is not ruled out. The controversy around the FTX debacle is yet to fizzle out. More and more incriminating affairs are being thrown up and that leaves much to be desired, in the […]
 

California Regulatory Body Exposes Potential Crypto Scam Channels

Dec 30 2022 @ 12:08
QUICK TAKE DFPI uncovers several crypto sites and brokers as potential breeding grounds for duping unwary customers. The Department of Financial Protection and Innovation (DFPI) in the US state of California has identified some websites and brokers as probable avenues for perpetuating cryptocurrency scams. DFPI is a mechanism that improves the well-being of financial services, […]
 

SBF Trial - Kaplan Succeeds Abrams as Trial Judge

Dec 28 2022 @ 03:45
   A new twist to the SBF trial is expected Barely a week after Ronnie Abrams quit her role as presiding Judge in the court proceeding against the disgraced former FTX boss, Sam Bankman-Fried, a new Judge has been appointed.  He is 78-year-old Lewis Kaplan. Through a flourishing legal career spanning over three decades, he […]
 

How Do Bitcoin Mining Pools Operate?

Dec 27 2022 @ 17:36
A Bitcoin mining pool is a network of miners who combine their resources (that is, hash rate) to channel them towards digitally unearthing new Bitcoins so that the reward will be shared in proportion to the amount of hash rate provided by each entity on the network. Miners are the backbone of the Bitcoin network. […]
 

Cryptocurrency Business No Longer Appeals to JPMorgan

Dec 27 2022 @ 13:38
QUICK TAKE: JPMorgan’s Portfolio Manager delivers scathing remarks on Cryptocurrencies’ asset value. The investment bank withdraws its holdings in the Cryptocurrency industry. The New York-based investment bank, JPMorgan no longer wishes to keep its cryptocurrency investments. Simple reason: the sector has been on a downward spiral since 2021, a trend that even took a turn […]
 

Assets Worth $8 Million Stolen From Bitkeep Wallets by Hackers via Cloned App

Dec 27 2022 @ 13:23
QUICK TAKE: BitKeep experiences the second hijack of its assets since October. Internet fraud succeeded due to a bogus APK app. E-fraud advancement? The year 2022, adjudged as the worst year to date for the Cryptocurrency industry has seen a spike in cybercrimes, and with each new experience, fraudsters’ approaches and methods get better. A […]
 

Vauld Resorts to Fund Managers as Nexo Withdraws from a Prospective Deal

Dec 26 2022 @ 16:49
QUICK TAKE: Vauld and Nexo fail to conclude on terms of the agreement for a pending deal. Lack of transparency was identified as one of the reasons for the futile talks. Across the board, several Crypto firms are entering into partnerships as a means of remaining afloat. While some have recorded a measure of success, […]
 

Best Crypto Mining Pools in 2023

Dec 26 2022 @ 16:47
In a mining pool, everyone on the platform offers his or her computing resources, and the pool of computing power will be united and channelled towards the digital digging out of new bitcoins. The only way new Bitcoins are produced is through mining; Bitcoin is sustained by its miners. When miners are successful, harsh market […]
 

The Upcoming Hundred Million-Dollar NFT Investors

Dec 26 2022 @ 07:48
As non-fungible tokens decline by a whopping 97% from their highs, one may think that the frenzy surrounding this group of digital assets is over. However, if one sees electronic collectibles as long-term investments, this is a good buying opportunity. One should think of non-fungible tokens as collecting foreign investments such as uncommon wines and […]
 
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