Why Are Cryptocurrencies Considered To Be Dangerous?
Cryptocurrencies are considered to be dangerous by many people in the world, some see it as a fad while others see it as an invention that would revolutionize the financial sector. While many consider cryptocurrencies to be dangerous and risky, their fears must have sprung from several reasons which would be discussed in the article. […]
Crypto Scams: CFTC Charges 4 People With a $44M Bitcoin Scam
The CFTC has filed a civil enforcement action against four people who were allegedly engaged in the operation of two crypto scams that cheated naïve investors out of $44M in Bitcoin. Alleged Crypto Scams involving wire fraud and money laundering The Commodity Futures Trading Commission (CFTC) has charged Florida resident Dwayne Golden, North Carolina resident Marquis Egerton, […]
DeFi: Top 10 List of Crypto Rug Pulls
Defi and Cryptocurrencies are two of the most significant fintech breakthroughs of the twenty-first century, and they have had a significant influence on the world’s financial sector and equally led to several crypto rug pulls. DeFi (Decentralized Finance) utilizes the blockchain technology in order to get access to financial services without being constrained in the […]
Ukrainian Children get $2.5M donation in crypto from Binance amid the crisis
More support continues to troop in for Ukraine as Binance joins in supporting the Ukrainian children with a $2.5M crypto donation to the UNICEF. Binance charity The UNICEF expressed gratitude to Binance for its gift in an official statement, stressing that the money arrived at the appropriate moment, given that the intensification of the armed […]
NFTs: 3 Ways to Spend them in the Metaverse
Two of the popular internet buzzwords of 2021 are the Metaverse and NFTs. NFTs are ushering in a new age of the digital world – the Metaverse – with their rapidly growing application cases. Facebook’s introduction of Meta, signaling the move towards a metaverse era, where NFT-based augmented experiences are likely to function as foundations […]