Investor

Crypto Investor Loses $36M to Permit Phishing Scheme

Crypto Investor Loses $36M to Permit Phishing Scheme

A recent cyberattack has led to an unsuspecting crypto investor reportedly losing 15,079 fwdETH, worth roughly $36 million. In the incident, described by security experts as a permit phishing scam, the bad actor tricked the user into unknowingly signing a malicious signature, which gave the thief full access to the individual’s funds. How it Happened […]

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Bitcoin Investor Demand Weakens in the US Post-ETF Approval: CryptoQuant

Bitcoin Investor Demand Weakens in the US Post-ETF Approval: CryptoQuant

Roughly a week after the United States Securities and Exchange Commission (SEC) approved the first wave of spot Bitcoin exchange-traded funds (ETFs), BTC investor demand in the country has slumped. According to a weekly report from market intelligence platform CryptoQuant, the weak BTC demand from U.S. investors is evident in crypto exchange Coinbase’s premium turning

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Billionaire Investor Paul Tudor Jones Backs Bitcoin Amid Geopolitical Tensions, Dire US Economy

Billionaire Investor Paul Tudor Jones Backs Bitcoin Amid Geopolitical Tensions, Dire US Economy

On Oct. 10, the billionaire investor told CNBC that it was an extremely tough time to be an investor in risk assets amid escalating geopolitical tensions and America’s dire financial situation. The founder and chief investment officer of Tudor Investment said, “It’s a really challenging time to want to be an equity investor and in

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Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction – What’s Going On?

Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction – What’s Going On?

Source: Adobe/Galina_lya FloorDAO, a crypto group focused on NFT finance, has split into two separate entities due to disagreements among investors. The project, which aims to develop products for “NFT-Fi,” transferred over $2.5 million from its treasury, consisting of crypto tokens and NFTs, to a splinter group called FloorkDAO. The group is controlled by activist

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