A disturbing trend emerges in the demographic profile of pig butchering scam victims. While older adults have historically been the main targets of financial fraud, these scams now focus on younger, tech-literate individuals. The latest data reveals that those aged 30 to 49 represent the majority of reported cases. A 2024 study by Cyvers analyzed […]
Over $5.5 Billion Stolen in Pig Butchering Scams: Cyvers Reports Read More »
Bitcoin’s latest price rejection at the coveted $100,000 mark has pushed the asset south hard, dumping by about six grand in hours. The altcoins followed suit with massive losses from most of them, including double-digit price declines from WIF, TIA, FIL, APT, LTC, and others. Bitcoin/Price/Chart 9.12.2024. Source: TradingView Shortly after CryptoPotato’s Market Watch from
Over $1.4 Billion in Liquidations as Bitcoin (BTC) Dumps by $6K in Hours Read More »
United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of
$1 Billion in US Treasuries Tokenized On-Chain Post BlackRock’s BUIDL Launch Read More »
Last updated: February 19, 2024 14:55 EST | 2 min read Source: Dalle-3Cryptocurrency investment funds recorded $2.45 billion in inflows in the last seven days as Assets Under Management (AUM) surged. A new CoinShares Digital Asset Fund Flow Report shows huge institutional flows into the cryptocurrency market last week. Largest weekly inflows into Bitcoin ETFs
Cryptocurrency Investment Funds See Record $2.45 Billion Inflows, AUM Taps $67 Billion Read More »
In contrast to Bitcoin-tracking exchange-traded funds (ETFs), gold-tracking ETFs have witnessed significant outflows this year. On February 14, Eric Balchunas, an analyst at Bloomberg Intelligence, disclosed that gold ETFs in the top 14 rankings have experienced a combined outflow of $2.4 billion since January. BlackRock’s iShares Gold Trust Micro and iShares Gold Trust experienced significant
Gold ETFs Witness $2.4 Billion Outflows Amid Bitcoin ETF Surge Read More »
Last updated: February 12, 2024 16:54 EST | 2 min read Source: Dalle-3Digital asset investment products recorded $1.1 billion in inflows in the last seven days following a price uptick in the market. A new CoinShares Digital Asset Funds Flow Weekly Report shows a positive swing in cryptocurrency products for another week as crypto prices
Digital Asset Investment Funds Record $1.1 Billion Inflows as AUM Taps $59 Billion Read More »
Last updated: February 1, 2024 01:52 EST | 2 min read Source: Adobe / JimIn 2023, Tether saw its assets approach the $100 billion mark, following a $6.2 billion profit according to the company’s Q4 attestation report released on January 31. The financial surge, detailed in Tether’s latest financial statements, reflects a strategic allocation of
Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets Read More »
Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government after the latter dropped its criminal investigations against the company. According to Nexo, the investigations allegedly cost the company a major soccer sponsorship deal and a stock market listing in the United States. Nexo Sues Bulgaria for $3 Billion Nexo and
