September Sees $46M Loss to Crypto Phishing Scams
Q3 of 2024 saw the theft of over $127 million in cryptocurrencies from investors due to phishing attacks, with September alone losing approximately $46 million. A phishing attack affected approximately 10,800 victims in September, according to Scam Sniffer, a security firm affiliated with Web3. The largest loss was reported on September 28, when a phishing […]
Grayscale Unveils XRP Trust for Investors
The XRP Ledger enables fast, low-cost cross-border payments. Grayscale’s XRP Trust allows investors to gain exposure to XRP by purchasing shares that track its market value, offering a simplified investment option without directly holding the cryptocurrency. The XRP Ledger is a distributed network that enables individuals to transmit money across borders cheaply and promptly. A […]
Chinese Investors Turn to Bitcoin Amid Economic Struggles
These steps are seen as positive for Bitcoin suggesting Chinese investors view crypto as a viable option for preserving wealth. Bitcoin and other cryptocurrencies are becoming more attractive to Chinese investors as the country’s economy struggles. This can be seen in the inflows that the over-the-counter (OTC) cryptocurrency brokers in the country are seeing, as […]
SEC Accuses Galois Capital of Misleading Investors
Galois Capital, a company in Florida, has accused the U.S. Securities and Exchange Commission (SEC) of grave compliance violations and investor deception. The charges center on the company’s dissemination of false information regarding redemption policies and disregard for mandatory custody procedures . According to the SEC’s decision, Galois Capital violated the Investment Advisers Act’s Custody […]
GoatToken to Launch on Binance, New Era for Investors
GoatToken’s January 1st, 2025 launch on Binance marks a significant milestone, driven by over a year of dedicated effort from the project’s team. GoatToken (GT) has caused a stir in the cryptocurrency community with its announcement that it will be launched on the Binance platform on January 1, 2025. This represents a significant milestone in […]