Author: John Smith
An Oklahoma man admitted to orchestrating a cryptocurrency investment fraud scheme that duped nearly 2,800 investors out of $9.4 million. Travis Ford, 35, of Glenpool, pleaded guilty yesterday to one count of conspiracy to commit wire fraud in connection with his role as CEO, co-founder, and head trader of Wolf Capital Crypto Trading LLC. The purported investment firm operated from January 2023 to August 2023, promoting itself through its website, social media, and other internet platforms. According to court documents, Ford falsely claimed to be a sophisticated trader capable of delivering extraordinary daily returns of 1-2%, amounting to an annual…
24h Volume $17,705,706,941 Market Cap $1,867,467,940,720 24h Low/High $93,728.00 / $95,244.00 Source link
Mango Markets, the Solana-based DeFi platform that fell victim to a $117 million exploit in 2022, has announced its complete shutdown. The platform’s governance proposal has received unanimous approval, with 23,347,212 votes supporting the closure. The platform has set January 13, 2025, at 8 PM UTC as the deadline for users to close their positions when the shutdown proposals become executable. In preparation for the closure, Mango V4 will start making changes to its lending parameters. Mango Markets will be shutting downIt is time for users to close their positionsMango v4 & Boost are winding down. Most borrowing on Mango…
Michael Saylor, executive and former MicroStrategy CEO, hinted at another Bitcoin purchase via a cryptic tweet. Saylor posted a screenshot referencing the “next green dot” on the Saylortracker chart, where each dot represents a Bitcoin (BTC) acquisition. The suggestion comes as MicroStrategy’s Bitcoin holdings reach 447,470 BTC, currently valued at $42.24 billion. The company’s most recent purchase happened on January 6, 2025. This was when the company added 1,070 BTC at an average price of $94,004 for $101 million. This latest acquisition continues MicroStrategy’s aggressive accumulation strategy, which yielded great results in 2024. According to Saylor’s earlier tweet, MicroStrategy purchased…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market volatility, Floki, Bonk, and Lightchain AI gain traction as traders spot opportunities for potential gains. The cryptocurrency market thrives on volatility, and savvy investors use strategic trading to maximize their returns. Among the emerging names, Floki, Bonk, and Lightchain AI are gaining momentum as traders identify these coins as opportunities for significant gains. Here’s how these tokens stand out and how you can capitalize on their potential. Floki leveraging meme coin power with real-world applications Floki Inu,…
A girlfriend of the British man accidentally threw away his hard disk with roughly 8,000 bitcoins on it in 2013. The years of legal battle for the right to retrieve the disk from the waste dump resulted in nothing. These and four other stories remind us to treat our crypto assets with caution. How not to dump bitcoins: James Howells case The story about the Wales IT worker whose hard disk with thousands of bitcoins got to the landfill was circulating in the media for years. All this time, he was vainly trying to gain access to the waste dump…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Turning modest investments into fortunes, overlooked low-cap cryptos offer potential for extraordinary gains. Transforming a modest investment into a substantial fortune is an enticing prospect. Certain overlooked cryptocurrencies may hold the key to such extraordinary gains. These lesser-known coins have the potential to surge in value, offering opportunities to significantly enhance financial standing. This article delves into five promising low-cap coins that could yield remarkable returns. Uncover which digital assets might become the next major success stories. DOGEN: The…
As the overall crypto market struggles to reclaim a bullish stance, XRP meme coin PHNIX has pumped over 50%. In the last 24 hours, while Bitcoin (BTC) and Ethereum (ETH) have shown clear signs of struggle to reclaim a bullish stance, a few lesser-known coins have pumped double digits. One of the top gainers, as per CoinGecko’s list, is Phoenix (PHNIX). PHNIX is an XRP (XRP) meme coin that has pumped from a 24-hour range of $0.00004662 to as high as $0.0000698. PHNIX 24H price chart | Source: CoinGecko Crypto analyst Gordon recently tweeted that meme coins on the XRP…
Cryptocurrency prices fell last week as global investors embraced a risk-off sentiment as American bond yields rose. Bitcoin remained below $95,000, while meme coins like Dogwifhat (WIF), Popcat (POPCAT), and Bonk (BONK) were among the top laggards. US bond yields continued rising after the labor statistics released strong nonfarm payroll numbers, which raised the possibility that the Federal Reserve will maintain a hawkish tone this year. The economy added over $260,000 jobs in December, while the jobless rate fell to 4.1%. Arbitrum (ARB), Ondo Finance (ONDO), and Zetachain (ZETA) are the top cryptocurrencies to watch this week. Arbitrum Arbitrum chart…
Litecoin price remained on edge during the weekend, mirroring the performance of Bitcoin, which remained below $95,000. Litecoin (LTC), a popular proof-of-work coin, was stuck at $103.03, down by 30% from its highest level in 2024. This decline aligns with most cryptocurrencies, which have pared back some of the gains made last year. Litecoin’s performance was also because of the falling odds that the Securities and Exchange Commission will approve a spot LTC ETF in 2025. According to Polymarket, these odds have dropped to 42% from this year’s high of 60%. LTC ETF odds have fallen | Source: crypto.news Eric…