The U.S. Department of Justice has successfully shut down the Rydox marketplace, a platform involved in the sale of stolen personal information and tools for cybercrime. Three Kosovo nationals, who were administrators of the site, have been arrested, with two expected to be extradited to the U.S. since its launch in 2016, Rydox generated over ...
At a summer crypto conference, Donald Trump compared attendees to pioneering inventors, promising to support their success in the digital economy. Since the 2022 crypto crash, many crypto leaders have aligned with Trump’s political movement, investing heavily in his campaign. They hope he can bring a more favorable regulatory environment and has even driven up ...
Bitcoin is currently facing resistance near the $101,109 mark, leading to concerns of a potential decline. Ethereum, on the other hand, is approaching the $4,000 resistance level, and a strong close above this could lead to a rebound. Meanwhile, Ripple is finding support around $1.96, with a breach of this level indicating further declines. Bitcoin’s ...
Riot Platforms, a cryptocurrency miner listed on NASDAQ, saw its stock rise nearly 5% after news broke that Starboard Value, a well-known investor, had acquired a significant stake in the company. This increase stood out compared to the S&P 500’s decline of 0.5% on the same day. Reports indicated that Starboard plans to push for ...
The cryptocurrency Market has surged past $3.5 trillion, showing a 9.4% increase after a recent crash. In just 24 hours, nearly 105,000 traders faced liquidations, totaling about $298.5 million, with long positions leading the losses. President-elect Donald Trump hinted at the possibility of a Bitcoin reserve while making supportive statements for the crypto industry at ...
Detective Scott Simons recounts a challenging case that began on September 10, 2024, when he received a distressing email about a victim scammed out of $551,000 in a cryptocurrency scheme. The scam unfolded through seemingly harmless social media interactions, where the scammer gained the victim’s trust before introducing a misleading cryptocurrency investment. As the investigation ...
Detective Scott Simons recounts a pivotal moment in his career when he was alerted to a $551,000 cryptocurrency scam. It all began with a victim who fell for a “pig butchering” scheme, where they were tricked into investing in a fake cryptocurrency after gaining trust through seemingly harmless social media interactions. As the investigation unfolded, ...
Andrew Hecht, a seasoned Wall Street professional with 35 years of experience, specializes in commodities and precious metals. He leads The Hecht Commodity Report, a comprehensive service that tracks the Market movements of 20 different commodities. Subscribers benefit from informed insights, including bullish, bearish, and neutral Market calls, along with tailored trading recommendations. Andrew actively ...
The latest edition of the White House Watch newsletter covers key topics affecting the U.S. presidential transition and government appointments. Howard Lutnick, a strong supporter of the controversial cryptocurrency Tether, faces criticism due to its association with criminal activity, while also being nominated to lead the commerce department. Meanwhile, Mitch McConnell positions himself against isolationism ...
The White House Watch newsletter discusses key political developments, focusing on Howard Lutnick, Trump’s commerce department pick, who supports Tether, a cryptocurrency linked to illicit activities. Despite Tether’s controversial reputation, Lutnick defends its potential to change global finance. The article also highlights Mitch McConnell’s efforts against isolationism in the Republican Party, contrasting with Trump’s stance ...
