Crypto Market Cap Sinks Under $1 Trillion, Bitcoin At One-Week Low
Selling pressure has resumed once again in the crypto market as the broader cryptocurrency market cap sinks under $1 trillion. Earlier today, the world’s largest cryptocurrency Bitcoin touched a one-week low and is currently trading close to $21,100 levels.
FBI Warns Crypto Owners Not to Fall for 'Liquidity Mining Scam'
The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency.
Tesla holds Bitcoin worth $222M, SEC filing discloses
Tesla CEO Elon Musk has been one of the main reasons Bitcoin saw a tremendous value increase in recent years. But Musk’s love affair with Bitcoin didn’t continue as he announced his support for Dogecoin. The changes have affected Bitcoin investments because of its use. These changes have resulted from the mentioned company’s no more acceptance of Bitcoin. Instead, it has announced support for DOGE and its use to purchase merchandise and other products.
The U.S. SEC Is Reportedly Probing Coinbase’s Crypto Listings
Last week, the U.S. DOJ and the SEC nabbed three Coinbase executives on charges of internal trading. However, this led to a new battle between Coinbase and SEC wherein the regulator accused Coinbase of securities fraud by listing unregistered tokens.
SHIB has $548.6m share in ETH whales’ portfolio- traders should beware of…
The world’s biggest Ethereum [ETH] whales continue to place bullish bets on the meme-currency SHIB. But the question still comes down to the latter’s price.
Philippine Central Bank Governor Explains Crypto Policy — 'I Don't Want It Banned'
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto.
Titanium Blockchain CEO Pleads Guilty to Securities Fraud
The U.S. Department of Justice announced today that Michael Stollery, the CEO of Titanium Blockchain Infrastructure Services (TBIS), has pleaded guilty for his role in a scheme that brought in $21 million through a fraudulent initial coin offering (ICO).