Fnance Times

A new crypto scam is emerging in YouTube comments, using multi-signature wallets to trick users into sending funds, as cybersecurity firm Kaspersky warns that unsuspecting victims are being lured by deceptive tactics involving shared seed phrases.
The post New Crypto Wallet Scam Targets YouTube Comments: Multi-Signature Trick Steals Funds appeared first on Cryptonews. …

Do Kwon, co-founder of Terraform Labs, has been extradited to the U.S. and faces multiple federal fraud charges, potentially resulting in up to 130 years in prison for orchestrating a scheme that caused over $40 billion in investor losses.
The post Do Kwon Indicted on Multiple Charges, Could Face Up to 130 Years in Prison appeared first on Cryptonews. …

XRP’s market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple’s release of 500 million XRP from escrow, and substantial trading volumes on South Korea’s Upbit exchange, indicating rising investor interest.
The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews. …

Blockchain security breaches surged in 2024, with phishing attacks causing $1.05 billion in losses across 296 incidents. Ethereum and BSC were the most targeted chains, while private key theft ranked second on the list. Explore insights from CertiK’s analysis on the growing crypto security challenges.
The post Phishing and Private Key Theft Made Attackers Most Money in 2024 appeared first on Cryptonews. …

A crypto whale has made a remarkable $11.5 million profit in just 19 days by investing in Virtuals Protocol ($VIRTUAL). Their success highlights the lucrative potential that still abounds for investors betting on altcoins. According to whale tracker Lookonchain, the whale invested $10 million USDC to purchase 4.25 million $VIRTUAL tokens on December 14 during […]
The post Crypto Whale Nets $11.5M in 19 Days With Virtuals Protocol – Could AI Agents Be the Next Big Trend? appeared first on Cryptonews. …

Coinbase has acquired BUX Europe Limited, a Cyprus-based subsidiary, securing a CySEC license to offer financial products like CFDs and passport its services across the EEA. This move marks Coinbase’s strategic adaptation to Europe’s evolving crypto regulatory framework under MiCA.
The post Coinbase Acquires Cyprus Subsidiary of BUX: Report appeared first on Cryptonews. …

India is partnering with Google and Facebook to combat pig butchering scams, which exploit vulnerable groups through cryptocurrency fraud, as highlighted in the Union Home Ministry’s 2024 report on rising cybercrime.
The post India Partners with Google and Facebook to Combat Crypto Pig Butchering Scams: 2024 Report appeared first on Cryptonews. …

Virtuals Protocol has resolved a critical bug identified by a pseudonymous researcher in its audited smart contract, prompting the relaunch of its bug bounty program to enhance security and prevent future vulnerabilities.
The post Virtuals Protocol Fixes Critical Bug, Rewards Security Researcher appeared first on Cryptonews. …

Bitcoin consolidates near $96,620 as it approaches critical downward trendline resistance at $98,000. Learn about ETF flows, technicals, and more.
The post Bitcoin Faces Key Resistance: Downward Trendline Near $98,000 – Bullish Breakout to Push BTC Over $100,000? appeared first on Cryptonews. …

Pepe has dipped by 1% today, yet its indicators and trading volume suggest that more gains could be coming soon.
The post PEPE Bounces Back With $2 Billion in Trades – Can PEPE Hit $10? appeared first on Cryptonews. …