On December 18, 2024, INTERPOL announced a shift in terminology from “pig butchering” to “romance baiting” to describe online scams that exploit victims through fake romantic relationships, tricking them into investing in phony cryptocurrency schemes. This change aims to address the stigma surrounding victims and encourage them to report these crimes. The term “pig butchering,” ...
INTERPOL is advocating for a shift in terminology regarding online scams, urging the use of “romance baiting” instead of the term “pig butchering.” This change aims to reduce the dehumanization of victims, encouraging them to seek help rather than feeling ashamed. Romance baiting refers to scams where victims are manipulated into investing in fake cryptocurrency ...
In 2025, the blockchain industry is expected to witness significant changes, driven by public and private collaborations, particularly in the US following the elections. The anticipated Republican leadership may introduce clear regulations, fostering innovation and clarity in the crypto landscape. Globally, collaboration in the digital asset space is increasing, with many countries exploring central bank ...
In 2025, the blockchain industry is expected to experience significant growth, driven by collaboration between public and private sectors, especially in the U.S. The anticipated Republican leadership may lead to clearer regulations that boost confidence and innovation in the crypto Market. As more financial institutions venture into digital assets trading, particularly Bitcoin and Ethereum, the ...
The crypto Market is showing caution as investors await the Federal Reserve’s rate decision. There are whispers of a possible rate cut that could encourage more risk-taking in the economy, but analysts predict a slight revision in future rate cut projections for 2025. Consequently, major cryptocurrencies like Bitcoin and Ether have dipped by nearly 2%. ...
The cryptocurrency Market is experiencing caution ahead of the Federal Reserve’s interest rate decision. Investors are speculating about a potential rate cut, which could affect risk-taking behaviors in the economy. However, the Fed may signal fewer rate cuts for 2025 than previously expected, leading to a decline in the prices of major cryptocurrencies like Bitcoin ...
The digital currency and payments sector is growing quickly, influenced by technology and changing consumer habits. With the global digital payments Market valued at $115.93 billion in 2023 and projected to reach $180.26 billion by 2028, companies like Visa Inc. are leading the way. Visa, ranked as the top digital payment stock according to hedge ...
The IRS Criminal Investigation Division has released its Fiscal Year 2024 report, revealing significant focus on financial crimes, particularly involving cryptocurrency. Notably, a U.S. taxpayer has pled guilty to tax evasion related to crypto sales, and Binance, the largest cryptocurrency exchange, has entered a historic $4 billion settlement for failing to prevent money laundering. The ...
The IRS Criminal Investigation division released its Fiscal Year 2024 report, highlighting recent efforts against tax evasion and financial crimes, especially in the cryptocurrency sector. Among significant developments, a U.S. taxpayer has pleaded guilty to tax evasion linked to cryptocurrency, and Binance Holdings settled a major case for $4 billion. The IRS has also initiated ...
Bitcoin’s price saw a dip early Wednesday, pulling back from a record high reached earlier this week. Currently, the price stands at $103,989, reflecting a 3.2% drop in the last 24 hours, as investors focus on the upcoming interest rate decision from the Federal Reserve. This decline comes after a boost for cryptocurrencies on Tuesday, ...
